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MG grupė

MG grupė is a Lithuanian investment and holding group controlled by Darius Mockus, active in retail, manufacturing, real estate, media, and telecommunications across the Baltic States.

Last updated September 29, 2026

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Overview

MG grupė, UAB (also known historically as MG Baltic) is one of Lithuania's largest private holding groups, with a diversified portfolio spanning clothing retail, fast-moving consumer goods manufacturing and trade, real estate development and construction, media, and telecommunications and information technology. The group operates and invests in Lithuanian and foreign markets and describes itself as a top-50 company in the Baltic States. Its sole shareholder and manager is Darius Mockus, who has led the group as president and controlling owner. The group's name is derived from the initials of Mockutė Gailė, the late daughter of Darius Mockus, combined with 'Baltic'. MG grupė's principal business groups include the clothing retailer Aprangos grupė, the consumer goods manufacturer and trader MV Group, the real estate developer and builder Darnu Group, the media company Laisvas ir nepriklausomas kanalas, and the telecommunications and IT company Mediafon grupė. According to the group's official website, MG grupė comprises 81 companies, employs more than 3,900 people, exports to more than 40 markets, and reported revenues of €887 million and investments of €112 million for 2025. The group is headquartered at Paupio verslo namai, Aukštaičių g. 7, in Vilnius, Lithuania. Historically, MG Baltic was organized into several holdings, including MG Baltic Investment (with the Apranga group, MG Baltic media group, Eurvalda, and Mitnijos grupė), MG Baltic Trade (including spirits retailer Mineraliniai vandenys, spirits producer Stumbras, and logistics company Tromina), and MG Valda (real estate and leasing through Megarenta). Over time the group has restructured and rebranded, with several former subsidiaries divested or reorganized, and now presents itself under the MG grupė name. The group remains privately held and is not listed on a stock exchange. MG grupė's business activities are concentrated in the Baltic region, particularly Lithuania, but its export and investment reach extends internationally. Its media and telecommunications arms give it a significant presence in the Baltic information and communications sector, while its retail and consumer goods businesses serve mass markets. The group's leadership has included Darius Mockus as president, alongside vice presidents such as Raimondas Kurlianskis, Artūras Listavičius, and Rolandas Vingilis, and board members Vidas Lazickas and Romanas Raulynaitis.

History

MG grupė, historically known as MG Baltic, is a Lithuanian holding group whose name combines the initials of Mockutė Gailė, the late daughter of founder Darius Mockus, with 'Baltic'. The group grew into one of Lithuania's largest conglomerates, with activities spanning retail, real estate, media, and industry. By 2014, MG Baltic reported revenues of €580 million. The group was organized into several holdings: MG Baltic Investment, which included the Apranga group, the MG Baltic media group (with Alfa media, Laisvas ir nepriklausomas kanalas, Mediafon, and UPG Baltic), Eurvalda, and Mitnijos grupė; MG Baltic Trade, which included spirits retailer Mineraliniai vandenys, spirits producer Stumbras, and logistics company Tromina; and MG Valda, which included real estate company MG Valda and leasing company Megarenta. Over time, the group restructured and rebranded, and it now operates under the MG grupė name. According to its official website, as of 2025 the group comprises 81 companies, employs more than 3,900 people, exports to more than 40 markets, and reported revenues of €887 million and investments of €112 million. The group remains privately held, with Darius Mockus as the sole shareholder and manager.

  • 2025

    MG grupė reported revenues of €887 million and investments of €112 million for 2025.

  • 2014

    MG Baltic reported revenues of €580 million.

Products and positioning

Diversified private holding group and one of the largest companies in the Baltic States, with a focus on retail, consumer goods, real estate, media, and telecommunications.

Product categories. clothing retail · fast-moving consumer goods · real estate development · construction · media services · telecommunications · information technology

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