The club was formerly a part of Russian-Lithuanian businessman Vladimir Romanov's soccer holding which also includes Scottish Premier League club Hearts and Lithuanian A Lyga side FBK Kaunas, before he withdrew his financial support in 2012.
In that year it won Lithuanian SSR Top League and Lithuanian Cup (Tiesa Cup), also it played in Soviet Cup where it beat Burevestnik Kisinev (0:0 and 1:0), Dinamo Frunze (walkover), and in eight-final lost to FC Dynamo Moscow (1:4).
Juvenal Gomes da Silva (born 5 June 1979 in São Paulo) is a Brazilian footballer, who plays in Lithuanian A Lyga, for FK Šiauliai.
Nerijus Astrauskas (born 1980), football striker who plays for FK Žalgiris Vilnius in the Lithuanian A Lyga