Investment · Infrastructure · Long-term value

From idea to long-term value

We develop and manage infrastructure projects that serve communities and create long-term value for investors.

About

Infrastructure With a Clear Strategy

ISEG is a Lithuanian investment and infrastructure development group that creates and delivers public-private partnership (PPP) and concession projects in Lithuania and abroad. Our team, with more than 20 years of experience, manages some of the largest sports, culture and education venues in the region.

Focus

Infrastructure development and management solutions that create long-term value for communities, municipalities and investors, contributing to regional economic and cultural growth and shaping sustainable solutions for the future.

Mission

We create and manage infrastructure projects that generate long-term value for communities, municipalities and investors — from idea to delivery, bringing together experience, capital and strategic management.

Vision

To be a trusted and innovative partner for infrastructure and PPP projects in the Baltic region, shaping sustainable solutions that contribute to regional economic and cultural growth.

Vitalijus Vasiliauskas

A message from the CEO:

Every project we take on — from concept to long-term operations — is designed to drive economic activity, meet community needs and deliver a sustainable result for investors. This is a commitment we honour every day.
Vitalijus VasiliauskasPartner and Chief Executive Officer

What we do

Areas of Activity

We develop investment and public-private partnership (PPP) projects in Lithuania and abroad. We manage the full project lifecycle — from the initial idea and financing structure through design, construction and long-term operations. Our solutions bring together investment capital, public-sector needs and community interests into one sustainable outcome.

01

Investment and PPP projects

Development of private and public-private partnership projects in Lithuania and abroad. Transaction structuring, bid preparation, contract negotiation and raising finance.

Investment and PPP projects

02

Full project lifecycle management

From the initial idea and feasibility study through financing structure, design coordination, construction supervision and long-term operations.

Full project lifecycle management

03

Infrastructure development and management

Operational management of arenas, schools, sports, culture and leisure venues. Unlocking commercial potential and expanding the services portfolio.

Infrastructure development and management

04

Raising investment

Designing financing structures and attracting capital from institutional and private investors for infrastructure and investment projects.

Raising investment

05

Advisory

Expert support on planning, development and management — for municipalities, investors and project developers.

Advisory

Sectors We Work In

Sports and entertainment infrastructure

Arenas, stadiums, sports complexes

Education
infrastructure

Schools, kindergartens (PPP model)

Culture and leisure venues

Concert halls, multifunctional centres

Nationally significant infrastructure

Military training grounds, remand prisons, police headquarters

Municipal infrastructure projects

Concessions, service contracts

Integrated real estate development

Investment from idea to long-term value

Case studies

Selected Projects

01/02

Šiauliai Arena
Ongoing project

Šiauliai Arena

Since April 2023, UAB “Šiaulių universali arena” has operated the multifunctional Šiauliai Arena under a five-year concession agreement with the Šiauliai City Municipality. We deliver cultural, recreation and leisure activity, unlock the commercial potential of the site and provide public services. Šiauliai Arena is the first in Lithuania that not only receives no concession fee from the municipality, but also contributes financially to the city’s welfare.

Areas we worked in

  • Infrastructure management and operations
  • Organisation of cultural and leisure activity
  • Concession transaction structuring
  • Unlocking commercial potential
Sendvaris Saulė School
Completed project

Sendvaris Saulė School

In 15 months we delivered one of the largest PPP projects in Klaipėda District — a modern school and kindergarten worth more than €45 million, already attended by 700+ children. The project was implemented under a public-private partnership model together with Nter, Infes and Klaipėda District Municipality. Construction was completed faster and to a higher standard than planned.

Areas we worked in

  • PPP project development
  • Financial model design

Our Team and Experience

Although ISEGAS is a young company, our partners and team have worked on the largest sports and culture infrastructure projects in Lithuania and abroad over the past two decades. That experience includes Vilnius Stadium, Žalgiris Arena, Siemens Arena, Cido Arena, Hearts of Midlothian FC’s Tynecastle Stadium in Edinburgh, and other large-scale projects. We bring this experience into every new ISEG project.

The ISEG team is made up of experienced sector professionals who together have more than 60 years of experience in infrastructure development, finance, operations and communications.

Vitalijus Vasiliauskas

Vitalijus Vasiliauskas

Partner, Chief Executive Officer (CEO)

Vitalijus has more than 20 years of leadership experience in the sports, entertainment and PPP infrastructure sectors in Lithuania and the United Kingdom. Over his career he has led complex projects across the full lifecycle — from investment concept and financing structure through to operations.

  • PPP and concession projects (structuring, bidding, financial close, long-term operations)
  • Arena and stadium management
  • Real estate development around sports infrastructure
  • Strategic and commercial leadership
  • International activity (LT–UK)
Renatas Načajus

Renatas Načajus

Partner, Chief Operating Officer (COO)

Renatas has more than 16 years of experience developing and managing multifunctional sports and entertainment infrastructure. He has led complex venues, combining strategic development with operational management.

  • Development and management of arenas, cinemas, wellness and leisure venues
  • Delivery of events-industry projects
  • Raising finance and sponsor partnerships
  • PPP projects, aligning public- and private-sector interests

Renatas’s decisions are grounded in a strategic view, operational precision and the creation of long-term value.

Giedrius Mickaitis

Giedrius Mickaitis

Chief Financial Officer (CFO)

Giedrius has more than 25 years of experience in corporate financial management. Around 10 years of his career were spent as CFO of large corporate groups. He is now a business co-owner and advises companies on financial management, raising capital and strategic planning.

  • Design of financing structures
  • Preparing financial models and adapting them to specific projects (including PPP initiatives)
  • Raising investment
  • Strategic planning

Giedrius has worked on PPP projects since the Vilnius Stadium project, responsible for the financial side, raising investment and the long-term value of the project. His experience across a range of PPP projects helps keep investor and public-sector interests in balance.

Loreta Stakauskaitė

Loreta Stakauskaitė

Head of Communications and Marketing (CMO)

Responsible for ISEG’s communications strategy, marketing and public relations, strengthening the group’s visibility and partner relationships.

  • Communications strategy
  • Marketing
  • Public relations
  • Partner relations

Principles of Responsible Business

Values

In our daily work we follow four core values that ensure projects are delivered smoothly and responsibly.

  • SustainabilityWe create solutions that remain valuable over the long term.
  • ProfessionalismExperience, expertise and smooth project management from start to finish.
  • CommunityProjects serve people and contribute to the city’s welfare and cultural development.
  • PartnershipOpen, transparent and effective relationships with investors, municipalities and project participants.

Code of ethics

ISEG employees and leaders operate to the highest standards of professionalism, transparency and accountability.

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  • IntegrityEvery decision is made ethically, transparently and responsibly.
  • ProfessionalismOur work is grounded in experience, competence and continuous improvement.
  • Collaboration and partnershipWe foster cooperation with investors, municipalities and communities, creating mutual benefit.
  • ResponsibilityWe take responsibility for the impact of our projects on communities, the environment and the economy.
  • Balance of interestsDecisions are made in a balanced way, aligning the needs of investors, municipalities and society.

Sustainability policy

ISEG creates infrastructure projects that generate long-term value for communities, municipalities and investors, while ensuring sustainable, responsible and socially beneficial activity.

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  • Economic sustainabilityProjects are designed for long-term financial and social benefit.
  • EnvironmentOur solutions minimise environmental impact and promote efficient use of resources.
  • Social responsibilityProjects are oriented to community needs and foster cultural and economic development.
  • Partnership and transparencyWe work with municipalities, investors and suppliers honestly and openly.

Social responsibility

ISEG creates projects that serve communities, protect the environment and generate long-term value for investors and cities.