Lietuvos energijos gamyba, AB - Notification on material event

Member of the Board of “Lietuvos energijos gamyba”, AB, has been elected

Elektrėnai, Lithuania, 2017-01-06 15:00 CET (GLOBE NEWSWIRE) -- Lietuvos
Energijos Gamyba, AB (business ID 302648707, registered office address
Elektrinės g. 21, Elektrėnai (hereinafter referred to as the ‘Company’) hereby
informs that on 06 01 2017 Supervisory Board of the Company adopted a decision
to elect Mr. Mindaugas Gražys as Member of the Board of the Company starting
from today until the end of the term of office of the present Board. 

M. Gražys will be in charge for business development in the Company’s Board. He
will be responsible for the formulation of a sales strategy and a strategy for
maintaining long-term relations with customers. He will also present and
coordinate decisions aimed at increasing the competitiveness of services
provided by the Company, improving processes and increasing their efficiency. 

M. Gražys, who holds a bachelor’s degree in Informatics Engineering from the
Vilnius Gediminas Technical University, has recently worked as a Sales Director
at “KG Constructions”, UAB. Before that, he worked in Staticus Group for more
than ten years, leading sales departments of the Group. In 2010-2014, M. Gražys
managed “Staticus Sverige”, AB, holding the post of a member of the Board of
the company. 

The new member was elected to the Company’s Board after the Company received a
notice of the member of the Board Adomas Birulis on his resignation from the
post of a member of the Board as from 6 January. The Company reported this
information in its announcement on material event of 23 December 2016. 

After the new member joined the Board, there are four members serving on the
Company’s Board: Ms. Eglė Čiužaitė (Chairwoman of the Board), Mr. Darius
Kucinas (responsible for electricity and heat production management), Mr.
Mindaugas Kvekšas (responsible for financial and administration management) and
Mr. Mindaugas Gražys (responsible for business development). 


         Person for contacts: Vilius Aleksandravičius, Communication Manager at
Corporate Communication Division, phone +370 620 68809, e-mail:
vilius.aleksandravicius@le.lt