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Tadas Karosas (born 1963 in
“Čili Holdings”
and online retail store chain pigu.lt. Over the last years, he has also taken up the roles of business angel, active investor, and founded and developed several e-commerce startups, and is currently awaiting the results of investments made.
“220.lv”
– has been acquired, followed b
“kaup24.ee”
in Estonia. “Pigu.lt” has been proliferating and is often called “Amazon of the Baltics”. “LTk Capital”, founded by Tadas Karosas, owns restaurant chain “Čili Holdings“. Since its founding, the holding has opened over 100 of restaurants – a few in Ukraine, Poland, and Romania, yet the main focus has remained on operations in the Baltics. Since 2014, a division has been opened in Madrid, Spain. Currently, the rapid development of “Čili holdings” has been slowed down, yet it remains the biggest restaurant chain in Lithuania with a continually growing turnover – it is estimated to increase by 25% in 2019 compared to 2018.
“Gelvora”
– a physical security service company, which became the basis for the operations of “G4S” in Lithuania. From 1992 to 2000, Tadas Karosas founded and directly developed “Mineraliniai vandenys, UAB”. The business is expanding rapidly and takes up the leading position in the market. From 1991, Tadas Karosas developed and, in 2004, successfully sold cosmetics and perfumery chain “SARMA”, which became the basis for the operations of “Douglas” chain store in Lithuania.
cili.lt
pigu.lt
* *
Tadas Karosas (born 1963 in Vilnius
Vilnius ( , ; see also other names) is the capital and largest city of Lithuania, with a population of 592,389 (according to the state register) or 625,107 (according to the municipality of Vilnius). The population of Vilnius's functional urb ...
) is a serial entrepreneur, owner of “LTk Capital”, founder of dozens of businesses in various fields. The majority of his companies were successfully developed to take up leading positions in their respective markets and sold profitably. Currently, Tadas Karosas is mostly focusing on developing two of his leading businesses – restaurant chai“Čili Holdings”
and online retail store chain pigu.lt. Over the last years, he has also taken up the roles of business angel, active investor, and founded and developed several e-commerce startups, and is currently awaiting the results of investments made.
Education and early life
Tadas Karosas graduated from Vilnius University and acquired a degree of law. He started working at Public Prosecutor's Office in 1986 and stayed there until 1992.Current business development
“LTk Capital”, founded by Tadas Karosas, is currently developing and selling the enterprises described below. In 2008, an investment was made into pigu.lt, which became a leading online retail store in Lithuania. In 2011, the oldest online store in Latvia“220.lv”
– has been acquired, followed b
“kaup24.ee”
in Estonia. “Pigu.lt” has been proliferating and is often called “Amazon of the Baltics”. “LTk Capital”, founded by Tadas Karosas, owns restaurant chain “Čili Holdings“. Since its founding, the holding has opened over 100 of restaurants – a few in Ukraine, Poland, and Romania, yet the main focus has remained on operations in the Baltics. Since 2014, a division has been opened in Madrid, Spain. Currently, the rapid development of “Čili holdings” has been slowed down, yet it remains the biggest restaurant chain in Lithuania with a continually growing turnover – it is estimated to increase by 25% in 2019 compared to 2018.
Developed and sold businesses
In 2009, companies run by Tadas Karosas began implementing e-commerce platform “Amazingsales.com” in Belgium, Holland, and Germany. The enterprise was sold in 2012. In 2004, Tadas Karosas founded a cosmetics and perfumery import and wholesale company “Kruzas Nordic Cosmetics Distribution”. A year later, he opened a SPA and massage center chain “East Island”, which was subsequently sold successfully. “Kruzas Nordic Cosmetics Distribution” expanded to Latvia and Estonia in 2007 and 2009 and sold to a Finland-based “Berner Ltd”. In 2007, the entrepreneur founded an entertainment website and web TV “ctv.lt”, which was sold in 2011. In 2001, Tadas Karosas founded “Gelvoros saugos konsultacijos” – debt collection and management company, providing information about companies' risk level. In 2008, the enterprise was sold to a Swedish company. In 2000, he founded, developed, and sol“Gelvora”
– a physical security service company, which became the basis for the operations of “G4S” in Lithuania. From 1992 to 2000, Tadas Karosas founded and directly developed “Mineraliniai vandenys, UAB”. The business is expanding rapidly and takes up the leading position in the market. From 1991, Tadas Karosas developed and, in 2004, successfully sold cosmetics and perfumery chain “SARMA”, which became the basis for the operations of “Douglas” chain store in Lithuania.
References
External links
cili.lt
pigu.lt
* *
Tadas Karosas
Tadas Karosas (born 1963 in Vilnius) is a serial entrepreneur, owner of :lt:LTk Capital, “LTk Capital”, founder of dozens of businesses in various fields. The majority of his companies were successfully developed to take up leading positions i ...
{{DEFAULTSORT:Karosas, Tadas
1964 births
Living people
Businesspeople in the casino industry
Lithuanian businesspeople
Lithuanian may refer to:
* Lithuanians
* Lithuanian language
* The country of Lithuania
* Grand Duchy of Lithuania
* Culture of Lithuania
* Lithuanian cuisine
* Lithuanian Jews as often called "Lithuanians" (''Lita'im'' or ''Litvaks'') by other Jew ...
Cosmetics businesspeople
Lithuanian jurists
Restaurateurs
Businesspeople from Vilnius
Vilnius University alumni