Nerijus Numavicius, the majority shareholder of Vilniaus Prekyba (VP), remains the richest Lithuanian, followed by Girteka Logistics Chairman Mindaugas Raila at number two and Avia Solutions Group Chairman Gediminas Ziemelis in third place, according to the Top magazine's annual wealth list publishe...
Gediminas Žiemelis EN
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Gediminas Ziemelis (born April 4, 1977) is a Lithuanian businessman, entrepreneur, philanthropist and business consultant, selected twice among the top 40 most talented young industry leaders by Aviation Week & Space Technology. He is currently the Chairman of the Board at Avia Solutions Group and ZIA Valda.
Avia Solutions Group, a global multipurpose aviation holding company owned by Lithuanian businessman Gediminas Ziemelis, is set to issue 300 million US dollars (around 271 million euros) worth of international bonds, the vz.lt business news website reports on Friday.
Avia Solutions Group, a global aviation-servicing holding owned by Lithuanian business Gediminas Ziemelis, and Henan Civil Aviation Development and Investment Company (HNCA) plan to invest 53 million euros into an aviation training center.
Avia Solutions Group, an aviation group owned by Lithuanian businessman Gediminas Ziemelis, is buying Chapman Freebor, a UK charter airline.
AviaAM Leasing, a Lithuania-based aircraft leasing and management services company controlled by businessman Gediminas Žiemelis, says that neither it nor its subsidiaries leased or sold aircraft to Ukraine's Khors and Dart.
The Lithuanian State Border Guard Service's move to terminate a contract with Helisota helicopter and aircraft repairs company, which is indirectly owned by businessman Gediminas Žiemelis, was legitimate, as the contract threatened Lithuania's national security, the Court of Appeals ruled.