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Kaunas municipal company leaders earn more than president
๐Ÿ‡ฑ๐Ÿ‡น Lithuania /Elections & Politics

Kaunas municipal company leaders earn more than president

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • Kaunas municipality company leaders earned significantly in 2025, with some exceeding the president's salary.
  • The highest earner was the CEO of "Kauno energija," receiving over 159,000 euros before taxes.
  • Publicly funded companies are required to disclose director salaries, though reporting methods vary.

Leaders of companies and institutions under the Kaunas municipality earned substantial salaries in 2025, with some surpassing the income of Lithuania's president and prime minister. The highest remuneration went to Tomas Garasimaviฤius, CEO of AB "Kauno energija," who received a total of 159,200 euros before taxes. This sum included a base salary of 110,200 euros, a variable component of 31,500 euros, and a bonus of 17,500 euros, awarded for the company's 2024 performance.

Following closely was Paulius Kibiลกa, director of the Kaunas City Polyclinic, with an annual salary of 143,800 euros. The polyclinic noted that this figure includes remuneration for both his directorial duties and his work as a physician. For comparison, the president's pre-tax salary stood at 10,428 euros per month, and the prime minister's salary was also lower than that of these two municipal company leaders.

The board of the company awarded the director a 30 percent variable remuneration component for the 2024 performance results.

โ€” Kauno energijaExplaining the bonus received by the CEO of "Kauno energija."

Lithuanian law mandates that all state or municipal enterprises must disclose their directors' salaries. However, the way this information is presented can differ between entities. "Kas vyksta Kaune" analyzed nineteen key companies and institutions. Five, including the Kaunas Social Services Center and the Kaunas Culture Center, did not explicitly publish their director's earnings, though they did report salaries for all management positions. In cases where annual salaries varied quarterly, an average was calculated. The analysis included gross pay and actual take-home pay, incorporating variable components and bonuses, nearly all of which were received by eligible managers.

The polyclinic noted that this sum includes remuneration not only for the director's position but also for work as a physician.

โ€” Kaunas City PolyclinicClarifying the salary calculation for its director.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.