FIMA announces changes in Senior Management

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Vytautas Zinkevičius, the CEO of smart infrastructure solutions provider FIMA, is leaving the company. He has been with the company since 2007. Vytenis Pinaitis, the head of the company's Legal Department, will take over as interim CEO from November 8.

According to FIMA’s chair of the board Kristine Berzina, FIMA is a unique infrastructure technology company in the Baltic sea region in terms of its extensive engineering and project management expertise. “The primary goals of the FIMA Group today are to maintain and further strengthen its market leadership and implement company’s modernization strategy by creating a lean and agile organization that is prepared for coming year's market opportunities.  The company's management team comprises leaders in their fields who have gained the trust of their clients, partners and colleagues. I am confident that the combination of experience and the abilities of the FIMA management team will ensure that the company achieves its goals,” said Ms Berzina.

“We sincerely appreciate Vytautas Zinkevičius' contribution to the development of FIMA's business across the Group. During his tenure with the company, FIMA has established itself as a leader in the modernisation of public and private infrastructure, gained the trust of partners and implemented many innovative and unique projects in the Baltic region. Vytautas is an experienced business development leader, and we wish him success in his future activities,” said the chair of FIMA’s board, Kristine Berzina.

“I am happy to have had the opportunity to be a part of the history of the leading company. Every day in this organization, I was raised both as a manager and as a person. During these 12 years, I have known many great colleagues, partners, clients to whom I am extremely grateful. I wish the FIMA team to remain in a leading position, and for myself - new wide horizons,” - commented Vytautas Zinkevičius.

FIMA Group is a leading smart infrastructure solutions company in the Baltic Sea Region with nearly 30 years of experience in major public and private infrastructure modernisation projects. By using its expertise in technological innovation, the company offers solutions for safety, automation, digital communications and building and transport infrastructure.

FIMA Group consists of FIMA UAB, FIMA SIA (Latvia) and FIMA Polska and Krakowskie Zaklady Automatyki (both based in Poland). Headquartered in Vilnius FIMA employs 500 people. In 2018, FIMA Group had revenues of $83 million, a figure which was almost 30 per cent higher than in previous years. The majority stake in the company is owned by MVC Capital, a US-based investment fund listed on the New York Stock Exchange.