ICOR

Vilnius, Lithuania Founded: 1990 • Age: 36 yrs
ICOR is recognized as a leading corporate group in the region, engaged in utility services, industrial solutions, and energy sectors.

About ICOR

ICOR is a company based in Vilnius (Lithuania) founded in 1990. It operates as a Managed Services, Direct-to-Consumer (D2C), and Reseller / Distribution. ICOR has completed 1 acquisition, including Pragma. ICOR offers products and services including City Service, Axioma Servisas, Axioma Metering, AXIS Tech, and Realco.

  • Headquarter Vilnius, Lithuania
  • Sectors
    Real Estate & Construction
    Energy & Utilities Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Energy & Utilities → Renewable & Clean Energy
Real Estate & Construction → Construction, Engineering & Infrastructure
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of ICOR

ICOR offers a comprehensive portfolio of products and services, including City Service, Axioma Servisas, Axioma Metering, AXIS Tech, and Realco. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Building management and integrated utility services are provided.

Industrial equipment maintenance and automation solutions are offered.

Ultrasonic heat and water metering devices are manufactured.

Biomass energy equipment and sustainable solutions are developed.

Real estate development projects are managed in Lithuania.

International trade in oil products is conducted.

Funding Insights of ICOR

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by ICOR

ICOR has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pragma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital commerce solutions are provided for real estate enterprises.
1989
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ICOR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Icor Comparisons

Employees
+
Add Comparison
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Competitors of ICOR

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Icor

Frequently Asked Questions about ICOR

When was ICOR founded?

ICOR was founded in 1990.

Where is ICOR located?

ICOR is headquartered in Vilnius, Lithuania.

What does ICOR do?

ICOR is established as one of the largest corporate groups in the region, with operations spanning utility services, industrial equipment maintenance, renewable energy solutions, real estate development, and international trade in oil products. The groups activities are conducted across multiple sectors, including building management through City Service, biomass energy solutions via AXIS Tech, and ultrasonic metering devices by Axioma Metering. Expansion is pursued in European markets through acquisitions of promising private and state-owned companies. Operations are supported in over 60 countries across three continents, with a focus on delivering integrated and sustainable solutions to cities, businesses, and industrial clients.

What products or services does ICOR offer?

ICOR offers City Service, Axioma Servisas, Axioma Metering, AXIS Tech, and 2 more products and services.

How many acquisitions has ICOR made?

ICOR has made 1 acquisition, including Pragma.

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