On September 30, 2008 the Board of AB “Linas” confirmed specified consolidated strategic aims for year 2008 of AB “Linas” Group of companies: sales incomes 45 mln Lt (13 mln EUR), loss of activity 13 mln Lt (3.8 mln EUR). AB “Linas” prognosis, reported on February 14, 2008, are specified considering the bankruptcy of AB “Linas” subsidiary company UAB “Lino audiniai” which was announced of July 14, 2008. Other reasons which will not allow to reach planned results - slow-down of the economy, increasing costs, changed customer's habits. AB “Linas” director Martynas Jasinskas Tel.: +370 45 506100