News
2025-04-30
Utenos Trikotažas Group Increases Sales by 66% in Q1 and Cuts Losses by Nearly One Million Euros
SBA-owned textile group Utenos Trikotažas sold 5.2 million euros worth of orders and provided services in the first quarter of 2025 – 66.3% more than in the same period of the previous year, when the group’s sales reached 3.1 million euros. The share ...
2025-04-08
Notice of the Ordinary General Meeting of Shareholders of restructuring AB ,,Utenos trikotažas” (hereinafter – Company)
On the initiative of the Company’s Management Board and on the basis of the decisions of the minutes of the Board’s meeting, the Ordinary General Meeting of S...
2025-02-28
Utenos Trikotažas Group: Growth in the Last Quarter of the Year – Exports Increased by One-Third
For SBA Group company Utenos Trikotažas, 2024 was a year of significant changes. In response to global market challenges, the company initiated a restructuring process l...
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 o...
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...
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...
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...
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...
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...