The founders were former students of Vilnius University and the current Board members.
In 2010, three group co-founders, shareholders, and board members (Rimantas Bukauskas, Arūnas Mačiuitis and Remigijus Lapinskas) sold their shares to the remaining four shareholders (Andrius Janukonis, Linas Samuolis, Gintautas Jaugielavičius, Darius Leščinskas) and bought 100% shares of Siemens Arena, the ticketing and ticket sales company Tiketa and the Panevėžio Arena, which managed the Cido Arena.
Today the company successfully works in the public utilities, industry and energy, trade in petroleum products and real estate development fields.
[4] ICOR owns Axis Technologies (biofuel energy solutions); Veikmės statyba (construction); Realco (real estate projects); Oilead (international trade in petroleum products); Natural Fiber (factories for the processing of hemp stalks); Agrosfera (house of grain).
[5] ICOR owns the AXIOMA group of companies: Axioma Servisas (maintenance of equipment for industrial enterprises), Axioma Metering (production of ultrasonic heat and water meters) and Remeksi Keskus (services for the production of metal structures).