Utenos Trikotazas - Notification on material event

Establishment of subsidiary of AB Utenos trikotazas in Latvia



AB Utenos trikotazas established the subsidiary SIA „Utenas trikotaza“. The established company has share capital of EUR 2 800.

Algirdas Šabūnas, Managing Director of AB Utenos trikotažas, tel. No. 370 389 51445

Utenos trikotažas is the largest and one of the most modern knitwear manufacturers in Central and Eastern Europe. The company Utenos trikotažas currently owns the Utenos and About retail brands. In 2017, Utenos trikotažas became the first Lithuanian company to join the Detox campaign of Greenpeace. The Utenos trikotažas group of. companies, which also comprises Šatrija, Gotija and Mrija (Ukraine), is part of the SBA concern