Baltic Classifieds

Baltic Classifieds Group is a Lithuanian company that specialises in classified portals. The company was established in 1999 and is headquartered in Vilnius, Lithuania. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Baltic Classifieds Group plc

Company type	Public
Traded as	LSE: BCG FTSE 250 component
Founded	1999
Headquarters	Vilnius, Lithuania
Key people	Trevor Mather (Chairman) Justinas Šimkus (CEO)
Services	Classified portals
Revenue	€72.1 million (2024)[1]
Operating income	€38.3 million (2024)[1]
Net income	€32.0 million (2024)[1]
Website	balticclassifieds.com

History

The company was established with the launch of two classified portals in Estonia in 1999.^[2] It subsequently expanded by acquisition creating an enlarged portfolio including portals in Latvia and Lithuania.^[2]

The company was acquired by Eesti Meedia Group in 2014 and by funds managed by Apax Partners in May 2019.^[3] It was then the subject of an initial public offering on the London Stock Exchange in July 2021.^[4] In August 2021 FTSE Russell announced that, based on the size of its market capitalisation (circa £1.2 billion at that time), the company was an indicative candidate for inclusion in the FTSE 250 Index.^[5]

In 2023, the company became the third unicorn company in Lithuania after Vinted and Nord Security.^[6]