Baltic General Power Company
Baltic General Power Company is a Private limited company (Ltd.) registered in Latvia under 40203580452, and its current status with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) is active. The company was incorporated on 7 August 2024 and lists its registered address as Latvia. 5 shareholders are on record for Baltic General Power Company, including at least one natural person recorded as a direct holder; the filing carries no beneficial-ownership flag, so that holder is noted here as a recorded shareholder rather than a confirmed ultimate beneficial owner (UBO). This profile is sourced directly from API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) and was last updated on 29 October 2026.
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Shareholders
5
Five shareholders are currently on record for Baltic General Power Company, filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework).
The largest of these is SIA ZEN Europe, holding 28.5% — the largest recorded stake — followed by VIVA NORTH AS at 28.5%; the remaining 3 shareholders shown hold smaller stakes.
3 shareholders shown are companies, so the ownership chain continues above this level for those holdings; the other 2 are recorded as direct individual holders, though the record carries no UBO/PSC flag confirming beneficial-owner status.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| SIA ZEN Europe | 28.5% | API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) | |
| VIVA NORTH AS | 28.5% | API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) | |
| STOLT-NIELSEN HOLDING AS | 28.5% | API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) | |
| DIRGI AS | 10% | API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) | |
| Paeglītis Jānis | 4.5% | API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) |
Officers
2
Two officers are currently on record for Baltic General Power Company, filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework). Ulvang Rune and Pedersen Tor Arne both serve as Member Of The Board.
Management authority at Baltic General Power Company sits with these individuals, not with shareholders, who are covered separately and hold ownership rather than control.
The source filing doesn't specify representation authority — whether officers can act individually or must sign jointly to bind the company — so that detail isn't available here.
Group Structure
Baltic General Power Company sits 1 level below its ultimate parent, ZEN Europe, registered in Latvia. 6 subsidiaries are recorded beneath it, across 1 jurisdiction. The full chain up to ZEN Europe is derived by walking shareholder filings across jurisdictions; no link in it is independently corroborated by Baltic General Power Company's own shareholder record. Each of these downward relationships is derived rather than filed: resolved by matching entities across the registry network, not stated directly in a single document.
Those 6 subsidiaries span Latvia jurisdiction, though this list should not be read as complete — subsidiaries only become visible here where shareholder data has actually been filed with a register, so holdings in jurisdictions without that filing simply won't appear.
ZEN Europe
Latvia
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Frequently Asked Questions
Who owns Baltic General Power Company?
Five shareholders are currently on record for Baltic General Power Company, filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework). The largest of these is SIA ZEN Europe, holding 28.5% — the largest recorded stake — followed by VIVA NORTH AS at 28.5%; the remaining 3 shareholders shown hold smaller stakes. 3 shareholders shown are companies, so the ownership chain continues above this level for those holdings; the other 2 are recorded as direct individual holders, though the record carries no UBO/PSC flag confirming beneficial-owner status.
Who is Baltic General Power Company's UBO (Ultimate Beneficial Owner)?
At least one shareholder recorded for Baltic General Power Company is a natural person. The record carries no dedicated UBO/PSC flag, so that holder is stated here as a recorded shareholder rather than a confirmed Ultimate Beneficial Owner (UBO).
How many shareholders does Baltic General Power Company have on record?
5 shareholders are shown on record for Baltic General Power Company.
What is Baltic General Power Company's company registration number?
Baltic General Power Company's registration number is 40203580452, filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) in Latvia. Its current status on the register is active.
Is Baltic General Power Company still an active company?
Baltic General Power Company's status on API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) is listed as active.
When was Baltic General Power Company incorporated?
Baltic General Power Company was incorporated on 7 August 2024, according to API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework).
What is Baltic General Power Company's registered address?
The registered address on file for Baltic General Power Company is Latvia.
What legal structure is Baltic General Power Company registered as?
Baltic General Power Company is registered as a Private limited company (Ltd.) in Latvia.
Who are the officers/directors of Baltic General Power Company?
Two officers are currently on record for Baltic General Power Company, filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework). Ulvang Rune and Pedersen Tor Arne both serve as Member Of The Board. Management authority at Baltic General Power Company sits with these individuals, not with shareholders, who are covered separately and hold ownership rather than control.
Does Baltic General Power Company have a parent company or subsidiaries?
Baltic General Power Company sits 1 level below its ultimate parent, ZEN Europe, registered in Latvia. 6 subsidiaries are recorded beneath it, across 1 jurisdiction. Those 6 subsidiaries span Latvia jurisdiction, though this list should not be read as complete — subsidiaries only become visible here where shareholder data has actually been filed with a register, so holdings in jurisdictions without that filing simply won't appear.
Can Zavia monitor changes to Baltic General Power Company's ownership over time?
This profile reflects a point-in-time snapshot from API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework). Zavia's monitoring API can track changes to Baltic General Power Company's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Baltic General Power Company's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Latvia, so records like Baltic General Power Company's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) and was last synced on 29 October 2026.