AB Snaigė (literally: ''snowflake'') is a

Lithuania Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, P ...

n industrial company and the only producer of refrigerators in the

Baltic countries The Baltic states or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern co ...

, with manufacturing plants in

Alytus Alytus () is a city with Town privileges, municipal rights in southern Lithuania. It is the List of cities in Lithuania, sixth-largest city in Lithuania and the List of cities in the Baltic states by population, 14th-largest city in the Baltic ...

. It was previously listed on the

NASDAQ OMX Vilnius The Nasdaq Vilnius is a stock exchange established in 1993 (''Vilnius Stock Exchange'', ''VSE'') and currently operated by Nasdaq, Inc.. Shares are listed on a Nasdaq Baltic stock exchange together with stocks from Latvia and Estonia. OMX Viln ...

stock exchange. The company was established in 1963. The unaudited consolidated sales revenue of AB "Snaigė" exceeded 30 million during the three quarters of 2017. EUR and were slightly lower than last year during the same period. The company earned 1.6 million EUR EBITDA (in unaudited consolidated data) vol. i.e. 56 percent less than last year during the same period. About 97% of the production is exported to more than 30 countries. SNAIGE AB produces domestic and storage refrigerators, freezers, pharmaceutical and laboratory refrigerators and freezers, monoblocks for cold rooms and vertical coolers of over 30 models in about 200 modifications. The company has a production capacity of 550,000 refrigerators and freezers per year. The company has been awarded the Lithuanian Innovation Prize several times and is recognized as one of the most innovative companies in the country. Refrigerators Snaigė have been a few times presented with Lithuanian "Product of the Year" Gold medals. Works according integrated management system (ISO 9001, ISO 14001, OHSAS 18001) used throughout the production process. In September 2023, the controlling package of the company was acquired by an

investment company An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under th ...

owned by the UAB "Easy Debt Service" for . On 1 November 2024, the company's shares were delisted from the stock exchange after the shareholders decided to take it private.https://alytausgidas.lt/naujiena/snaige-isbraukiama-is-nasdaq-birzos/

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1963 establishments in Lithuania Manufacturing companies established in 1963 Companies formerly listed on Nasdaq Vilnius Home appliance manufacturers of Lithuania Lithuanian brands Alytus Manufacturing companies of the Soviet Union {{lithuania-company-stub