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The Board of Utenos Trikotažas Proposes to Shareholders to Approve the Restructuring of the Company 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. The restructuring would be intended to ensure the company’s solvency and long-term...
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...
Utenos trikotažas Group demonstrated growth in 2022: EUR 34.5 million in revenue
2023-02-28
Utenos trikotažas Group demonstrated growth in 2022: EUR 34.5 million in revenue
The SBA owned textile group Utenos trikotažas (the Group) generated revenues of EUR 34.5 million in 2022, which is 13.4% more than in 2021, when the Group’s sales reac...
Utenos trikotažas group reached 26.3 million EUR in revenue during the three quarters of this year
2022-10-31
Utenos trikotažas group reached 26.3 million EUR in revenue during the three quarters of this year
The textile group Utenos Trikotažas (hereinafter referred to as the “Group”) controlled by the SBA Group implemented production orders and provided services for 26.3...
Utenos Trikotažas reached 17.3 million euros in revenue in the first half of the year 
2022-07-29
Utenos Trikotažas reached 17.3 million euros in revenue in the first half of the year 
The textile group Utenos Trikotažas (hereinafter referred to as the “Group”) controlled by the SBA Group  realized production orders and provided services for 1...
Utenos Trikotažas earned 8.6 million euros in income during the first quarter of this year
2022-04-29
Utenos Trikotažas earned 8.6 million euros in income during the first quarter of this year
The textile group Utenos Trikotažas (hereinafter referred to as the “Group”) managed by the SBA Group has realized production orders and provided services for 8.6 mi...
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