Tadas Karosas (born 1963 in Vilnius) 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 chain “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.
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 by “kaup24.ee” in Estonia. “Pigu.lt” has been proliferating and is often called “Amazon of the Baltics”.[1]
“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”[2] 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”.[3][4]
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 sold “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”,[5] which became the basis for the operations of “Douglas” chain store in Lithuania.
References
^"Lenkams parduodamo "Pigu.lt" savininkas Tadas Karosas: tai bus Baltijos šalių "amazon'as"". 15min.lt/verslas (in Lithuanian). Retrieved 2019-07-29.
^Baubinas, Linas, Kmieliauskas, Kostas. ""PriceOn" gavo Tado Karoso bendrovės investicijų". vz.lt (in Lithuanian). Retrieved 2019-07-29.
^Šerėnaitė, Asta. "Suomių "Berner" į rinką žengia įsigydama Tado Karoso valdomą "Kruzas NCD"". vz.lt (in Lithuanian). Retrieved 2019-07-29.
tadas, karosas, born, 1963, vilnius, serial, entrepreneur, owner, capital, founder, dozens, businesses, various, fields, majority, companies, were, successfully, developed, take, leading, positions, their, respective, markets, sold, profitably, currently, most. Tadas Karosas born 1963 in Vilnius 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 chain Cili 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 Tadas Karosas Contents 1 Education and early life 2 Current business development 3 Developed and sold businesses 4 References 5 External linksEducation and early life EditTadas 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 Edit 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 by kaup24 ee in Estonia Pigu lt has been proliferating and is often called Amazon of the Baltics 1 LTk Capital founded by Tadas Karosas owns restaurant chain Cili 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 Cili 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 EditIn 2009 companies run by Tadas Karosas began implementing e commerce platform Amazingsales com 2 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 3 4 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 sold 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 5 which became the basis for the operations of Douglas chain store in Lithuania References Edit Lenkams parduodamo Pigu lt savininkas Tadas Karosas tai bus Baltijos saliu amazon as 15min lt verslas in Lithuanian Retrieved 2019 07 29 Baubinas Linas Kmieliauskas Kostas PriceOn gavo Tado Karoso bendroves investiciju vz lt in Lithuanian Retrieved 2019 07 29 Serenaite Asta Suomiu Berner į rinka zengia įsigydama Tado Karoso valdoma Kruzas NCD vz lt in Lithuanian Retrieved 2019 07 29 Company Berner Lietuva Retrieved 2019 07 29 Sarmos akcijos parduotos uz 15 mln litu Naujienos www delfi lt in Lithuanian Retrieved 2019 07 29 External links Editcili lt pigu lt in Lithuanian Tadas Karosas on LinkedIn Tadas Karosas in Lithuanian Retrieved from https en wikipedia org w index php title Tadas Karosas amp oldid 1123694922, wikipedia, wiki, book, books, library,
