Tadas Karosas (born 1963 in Vilnius) is a serial entrepreneur, owner of , 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 â restaurant chain âÂÂÃÂili Holdingsâ and online retail store chain . 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.
, founded by Tadas Karosas, is currently developing and selling the enterprises described below.
In 2008, an investment was made into , which became a leading online retail store in Lithuania. In 2011, the oldest online store in Latvia â âÂÂ220.lvâ â has been acquired, followed by âÂÂkaup24.eeâ in Estonia. âÂÂPigu.ltâ has been proliferating and is often called âÂÂAmazon of the BalticsâÂÂ.
, founded by Tadas Karosas, owns restaurant chain âÂÂÃÂili HoldingsâÂÂ. Since its founding, the holding has opened over 100 of restaurants â 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 âÂÂÃÂili holdingsâ has been slowed down, yet it remains the biggest restaurant chain in Lithuania with a continually growing turnover â it is estimated to increase by 25% in 2019 compared to 2018.ÃÂ
In 2009, companies run by Tadas Karosas began implementing e-commerce platform âÂÂAmazingsales.comâ in Belgium, Holland, and Germany. The enterprise was sold in 2012.
In 2004, Tadas Karosas founded a cosmetics and perfumery import and wholesale company âÂÂKruzas Nordic Cosmetics DistributionâÂÂ. A year later, he opened a SPA and massage center chain âÂÂEast IslandâÂÂ, which was subsequently sold successfully. âÂÂKruzas Nordic Cosmetics Distributionâ expanded to Latvia and Estonia in 2007 and 2009 and sold to a Finland-based âÂÂBerner LtdâÂÂ.
In 2007, the entrepreneur founded an entertainment website and web TV âÂÂctv.ltâÂÂ, which was sold in 2011.
In 2001, Tadas Karosas founded âÂÂGelvoros saugos konsultacijosâ â 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 âÂÂGelvoraâ â a physical security service company, which became the basis for the operations of âÂÂG4Sâ in Lithuania.
From 1992 to 2000, Tadas Karosas founded and directly developed âÂÂMineraliniai vandenys, UABâÂÂ. 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 âÂÂSARMAâÂÂ, which became the basis for the operations of âÂÂDouglasâ chain store in Lithuania.