Top Non-Food Industrial Companies in Lithuania 2025
Lithuania’s top-performing non-food industrial enterprises for 2025 include leaders in smart metering, lasers, medical devices, and refrigeration equipment, according to an annual sector analysis published by Verslo Žinios.
Top Non-Food Industrial Leaders Ranked by Revenue and Profitability
The rankings, presented in alphabetical order by the business daily’s analysts, showcase substantial earnings across diverse high-tech and manufacturing segments.
Among the top performers, the ICOR group smart metering manufacturer Axioma Metering recorded 82 million euros in revenue alongside a 19.7 million euro net profit. Laser and night-vision equipment producer Brolis Semiconductors posted 48.5 million euros in revenue with a 15.8 million euro net profit. Meanwhile, Hautica—the manager of the phone accessory brand Burga—generated 110.5 million euros in revenue and 15.7 million euros in net profit.
Foreign-owned subsidiaries also anchored the top tier.
Aerospace and Laser Firms Drive High-Tech Growth
Beyond standard consumer goods, specialized engineering and aerospace firms captured prominent positions in the 2025 analysis. Aircraft interior design and manufacturing company J&C Aero secured a spot with 24.2 million euros in revenue and 3.4 million euros in net profit.
Lithuania's globally recognized laser sector continued to grow steadily. Light Conversion, specializing in lasers and laser systems, achieved 140.5 million euros in revenue and a 41.8 million euro net profit. Concurrently, medical equipment manufacturer Moog Vilnius reported 30.5 million euros in revenue and 6.7 million euros in net profit.
Industrial refrigeration and technical manufacturing round out the top tier of the Verslo Žinios compilation. Refrigeration equipment producer Refra registered 43.9 million euros in revenue with a 7.3 million euro net profit. Teltonika Networks, an Internet of Things product designer within Arvydas Paukštys’s Teltonika IoT Group, recorded 165.2 million euros in revenue and 40.4 million euros in net profit. Finally, foam manufacturer Vita Baltic International posted 62.6 million euros in revenue and 17.8 million euros in net profit.
Comparative Financial Metrics Across Sectors
| Company Name | Primary Sector | 2025 Revenue (EUR) | 2025 Net Profit (EUR) |
|---|---|---|---|
| Hollister Lietuva | Medical Products | 194.0M | 39.6M |
| Teltonika Networks | IoT Products | 165.2M | 40.4M |
| Light Conversion | Laser Systems | 140.5M | 41.8M |
| Hautica (Burga) | Phone Accessories | 110.5M | 15.7M |
| Axioma Metering | Smart Meters | 82.0M | 19.7M |
| Vita Baltic International | Foam Manufacturing | 62.6M | 17.8M |
| Brolis Semiconductors | Lasers & Optics | 48.5M | 15.8M |
| Refra | Refrigeration Equipment | 43.9M | 7.3M |
| Moog Vilnius | Medical Equipment | 30.5M | 6.7M |
| J&C Aero | Aircraft Interiors | 24.2M | 3.4M |
The large revenue gap between heavy industrial suppliers like Hollister Lietuva and niche engineering firms such as J&C Aero shows the varied capital requirements within Lithuania's non-food industrial base. While medical and IoT manufacturing command top-line dominance, high-margin laser enterprises like Light Conversion secure exceptional net earnings relative to their overall turnover.