News
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...
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...
2024-03-13
Most Desired at Textile Fairs: Introducing the Bio-Camel Blend Fabric
Utenos Trikotažas, a frontrunner in the sustainable textile industry, is proud to present the latest addition to its eco-conscious fabric library: the Bio-Camel Blend. T...
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...
2024-01-16
Key Takeaways from the 2023 Customer Satisfaction Survey
99% of our customers would recommend Utenos Trikotazas to others Utenos Trikotažas recently concluded its Customer Satisfaction Survey, with participation from clothing ...
2024-01-05
Embracing Circularity in Textiles: The Dawn of Transformative Industry Shift
One of the pressing sustainability issues that we identified in our recent article, in collaboration with Charles Ross , was the challenge of #circularity in textiles. An...
2023-12-21
Year End: Reflecting on 2023
For Utenos Trikotažas, 2023 posed challenges, yet our philosophy always leans towards optimism. Reflecting on the recent past, despite the global economic and geopolitic...
2023-11-09
Is There a Future for Synthetics in Textiles?
Recycled, Bio-based or Biodegradable – Are We Doomed to Compromise? The rise of green movements and the pressing need for sustainable practices have led to growing crit...
2023-10-31
Utenos Trikotažas Continues Business Optimization – Reduces Losses by One-Fifth
Within the first nine months of 2023, the SBA textile group, Utenos Trikotažas, reported revenues of EUR 17.2 million, representing a 34.7% decrease compared to the prev...