AS MADARA Cosmetics Notice of Changes in the Supervisory Board

Inside information, 2019-01-16 13:15 CET (GLOBE NEWSWIRE) -- AS MADARA Cosmetics has received the notification of the Member of the Supervisory Board Solvita Kurtiša on leaving the Supervisory Board of AS MADARA Cosmetics as of January 15, 2019.

AS MADARA Cosmetics informs that until the General Meeting of Shareholders, the Supervisory Board will continue its work with 4 members as follows: Zane Tamane (Chairman), Anu Pauliina Koskinen, Anna Ramata-Stunda and Anna Andersone.


The shares of Madara Cosmetics are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for AS Madara Cosmetics is AS LHV Pank.

MADARA Cosmetics, founded in 2006, is the local pioneer in the field of natural cosmetics. In 2016 and 2017 the company and its managers were ranked among the top-10 Most Admired Business Leaders in Latvia. MADARA develops and manufactures all products exclusively at its own laboratories and facilities to ensure 100% control over processes. Further evidence of its passion for quality and perfection in every detail are the company’s ECOCERT organic certification, GMP (ISO 22716:2007) standard, and in vitro and in vivo research. For more information, visit

         Contact information:
         Address: 131 Zeltiņu Street, Mārupe district, Mārupe, LV 2167, Latvia
         Contact person: Uldis Iltners, member of the Management Board
         Phone: +371 67 470 243
         Certified advisor:
         AS “LHV Pank”
         Contact person: Ivars Bergmanis
         Phone: +372 680 2720