Vilnius apygardos teismas has officially declared bankruptcy for Vilmorus, the market research and public opinion firm that operated for 33 years, according to court documents publicized on Friday. The liquidation brings an end to a firm known for tracking voter sentiment and institutional trust.
A Slow Financial Decline and Rising Liabilities
The insolvency proceeding was initiated by Vilmorus director Vladimiras Gaidys, who filed the bankruptcy petition after the firm could no longer sustain its operations. According to court filings covered by LRT.lt, Gaidys explained that while the company historically managed its resources to conduct market research and maximize returns, revenues steadily dwindled while expenses mounted. Eventually, income failed to cover operating costs or generate profit, leaving Vilmorus unable to settle debts with creditors.
Financial records underscore a prolonged downturn. In 2025, Vilmorus brought in 227 tūkst. eurų in revenue but suffered a net loss of nearly 32 tūkst. eurų. The firm had already operated in the red through 2024 and 2023. By March 31, 2026, total company assets stood at 4 091 eurą, while total liabilities ballooned to roughly 107 tūkst. eurų.
Shrinking Footprint and Asset-Free Balance Sheet
Registries confirm that Vilmorus possesses zero registered real estate or motor vehicles, leaving little physical collateral for creditors to claim. Workforce figures also highlight the company’s final contraction: data from Sodra, the state social insurance fund, shows that Vilmorus employed just two people and carried an overdue debt to the state budget. That stands in stark contrast to late last year, when the firm still maintained a small team of seven employees.
Ownership of the company has been split among Vladimiras Gaidys, Danutė Tureikytė, and the Finnish company Taloustutkimus. To manage the wind-down, the court appointed the small partnership Supra note as the official insolvency administrator.
The End of an Era in Lithuanian Sociological Polling
Established in Vilnius in 1993, Vilmorus earned its reputation primarily through polling commissioned by the newspaper Lietuvos Rytas. For many years, these surveys measured shifting trust in political parties, individual politicians, and state institutions.
