Chairman Change at Utenos Trikotažas
07 11월 2024 - 8:30PM
UK Regulatory
Chairman Change at Utenos Trikotažas
vember 7th, 2024
The Board of Utenos Trikotažas AB has
appointed Vytautas Vaškys, a current board member, as the new
Chairman. He succeeds Dovilė Tamoševičienė, who led the board for
over three years and will now focus on new expansion projects
within SBA Group, including strategic projects in the United
States, while continuing to lead SBA Group's Business Control
Division.
Vaškys, stepping into the role of Chairman, has
been a board member of Utenos Trikotažas for nearly two years. In
2022, he temporarily served as the company's CEO. Before that, he
held board positions within Utenos Trikotažas and other SBA Group
companies. Currently, he also heads SBA Group’s Business Risk
Division.
"The immediate priority is to implement the
restructuring plan approved by the court in early October, which
has already received the endorsement of the company’s shareholders
and creditors. Significant preparatory work has already begun, and
the coming months will be particularly intensive as the company
progresses through reorganization," stated Vaškys.
On October 8 of this year, the court approved
the restructuring of Utenos Trikotažas. The four-year restructuring
plan aims to restructure the company to ensure its solvency and
meet its obligations. As part of this plan, the company will work
to significantly enhance operational efficiency and consider the
sale of some real estate, equipment, and shares in owned
companies.
To support business continuity during this
challenging financial period, the main shareholder of Utenos
Trikotažas, SBA Group, provided a financial injection in the form
of a €1.7 million liquidity loan this year. This loan is directed
towards employee salaries, creditor obligations, and other
essential payments required for daily operations.
Utenos Trikotazas Ab (LSE:0IYO)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Utenos Trikotazas Ab (LSE:0IYO)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024
