On 19 August 2015, the Management Board of AB “Utenos trikotažas” and its Managing Director Gintautas Bareika agreed to terminate their employment relations, according to the request of G. Bareika to continue his career in another field.
The Management Board of “Utenos trikotažas” assigned Eimundas Mačiulis to be the new Managing Director of the company. E. Mačiulis will assume his new position as of September 10 of this year, and G. Bareika will manage the company until then.
"We would like to thank Gintautas for his unfading energy and personal input into the reorganization of AB “Utenos trikotažas”. Over the past four years, the company's financial condition was not only significantly improved, the bonds of AB “Utenos trikotažas” redeemed, but the company's business strategy was changed as well. The company implemented a continuous innovation process, modern sales process management system, created a new brand ABOUT and introduced it to the market, and also started developing the sales business of innovative knitted materials. I am confident that this foundation will serve greatly when developing the company in the future", - says Chairman of the Management Board of AB “Utenos trikotažas” Algirdas Šabūnas.
The new Managing Director of AB “Utenos trikotažas” E.Mačiulis served as Director and Member of the Management Board in the companies "Topo Grupė", "AG Trade" and "Deltaco Baltic".
"I think that the successful managerial experience of Eimundas when developing the activities of several companies, his openness to challenges and previous experience in the marketing field will be very beneficial when implementing the growth initiatives of AB “Utenos trikotažas” and development plans of our own brands", - says Chairman of the Management Board A. Šabūnas.
I, the undersigned, confirm that the above information is complete and true.
Finance Director AB „Utenos trikotažas“ Andrej Grobov