UAB Juodeliai recognized as one of the London Stock Exchange Group’s 1000 Companies to Inspire Europe

Wood processing company UAB Juodeliai has been included in the second edition of London Stock Exchange Group’s landmark 1000 Companies to Inspire Europe report, showcasing Europe’s most inspiring and fast growing small and medium-sized companies. To be selected for the list, businesses had to demonstrate not only positive growth in revenue over the last three years, but also outperform their country peers.

Over the past three years, the annual growth of 1000 companies exceeded 100%, and the annual growth of 100 largest companies increased by more than 730%. 20% of the companies listed in the report are in the manufacturing and engineering sector, which is the biggest sector represented in the report. Over the past two years, the companies created more than 43% of new jobs. The report showcases exceptional levels of innovation with almost 8000 patents and registered trademarks generated by 1000 companies – these numbers increased twofold compared to 2016.

This year the official launch of the publication and the reception were held on the 5th of September at the European Parliament in Brussels. The event was attended by Director General of UAB Juodeliai A. Zimnickas and Director S. Bitinas.

The launch was hosted by Valdis Dombrovskis, Vice President European Commission and Xavier Rolet , CEO, London Stock Exchange Group, and joined by European MEPs as well as local and international media.

During the event, London Stock Exchange Group Chief Executive Officer emphasized critical importance of fastest growing companies’ across the continent to innovation, job creation and Europe’s future economic resilience. Vice-President of the European Commission said: “Europe needs more fast-growing and innovative companies as they are the backbone of our future economic development and job creation.“

5 Lithuanian companies were included in the report, with a single representative of Lithuania and the Baltic countries, UAB Juodeliai, having been invited to the event. We are glad to be seen as the fastest growing company having important contribution to the future of the European economy.

More information on methodology and a full searchable database of all of the companies along with a downloadable pdf of the publication can be found online at