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Chairman Change at Utenos Trikotažas Chairman Change at Utenos Trikotažas
2024-11-07
Chairman Change at Utenos Trikotažas
The Board of Utenos Trikotažas has appointed Vytautas Vaškys, a current board member, as the new Chairman. He succeeds Dovilė Tamoševičienė, who led the board for over three years and will now focus on new expansion projects within SBA Group, including s...
AB Utenos trikotažas announces results for the third quarter of 2024
2024-10-31
AB Utenos trikotažas announces results for the third quarter of 2024
Although sales in the third quarter of 2024 remain low, there has been a moderate increase in orders and production volumes since the end of the quarter. Currently, AB Ut...
Panevėžys Regional Court Approves the Restructuring of Utenos Trikotažas
2024-10-08
Panevėžys Regional Court Approves the Restructuring of Utenos Trikotažas
Panevėžys Regional Court has approved the restructuring of SBA Group company Utenos Trikotažas, which aims to shift toward profitability and ensure sustainable continu...
Utenos Trikotažas Group Earns EUR 7.4 Million in Revenue in First Half-Year
2024-07-31
Utenos Trikotažas Group Earns EUR 7.4 Million in Revenue in First Half-Year
In the first half of the year, the Utenos Trikotažas Group sold products and provided services worth EUR 7.4 million, which is 36.2% less than in the same period last ye...
The Board of Utenos Trikotažas Proposes to Shareholders to Approve the Restructuring of the Company
2024-07-05
The Board of Utenos Trikotažas Proposes to Shareholders to Approve the Restructuring of the Company
The Management Board of Utenos Trikotažas (hereinafter – the Company) has decided to submit a proposal to the shareholders to initiate restructuring of the Company...
Utenos Trikotažas Group Recorded EUR 3.1 Million in Revenue for the First Quarter of the Year
2024-04-30
Utenos Trikotažas Group Recorded EUR 3.1 Million in Revenue for the First Quarter of the Year
During the first quarter of 2024, the SBA textile group Utenos Trikotažas realized production orders and provided services for EUR 3.1 million, marking a 48.6% decline c...
Utenos Trikotažas Group: Demand for Textile Manufacturing Expected to Recover in Second Half of the Year
2024-02-29
Utenos Trikotažas Group: Demand for Textile Manufacturing Expected to Recover in Second Half of the Year
Last year’s sales were severely affected by the global slowdown in demand, including the textile sector. The SBA Textile Group Utenos Trikotažas generated revenues...
SBA Group Offers Utenos Trikotažas Management the Opportunity to Acquire 10% of the Company’s Shares
2023-10-02
SBA Group Offers Utenos Trikotažas Management the Opportunity to Acquire 10% of the Company’s Shares
Continuing its practice of motivating executives, SBA Group has signed an option agreement with three executives from Utenos Trikotažas, allowing them (along with their ...
Aurimas Likus Heads the Finance Department of Utenos Trikotažas
2023-06-27
Aurimas Likus Heads the Finance Department of Utenos Trikotažas
Utenos Trikotažas appoints Aurimas Likus as its new Head of Finance, replacing Živilė Jonaitytė, who held the position for over three years. With over 15 years of exp...
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