Utenos Trikotažas kept sales steady after 3 years of growth and operated profitably - Seite 2

Utenos Trikotažas’s ABOUT brand last year opened doors to prestigious retail venues around the world: shopping centres like Germany’s KaDeWe, Le Bon Marche in France, Shinsegae in South Korea and Need Supply Co in the US, and luxury fashion online retailer Matchesfashion.
International recognition for sustainable production Utenos Trikotažas is currently the only company in the world that satisfies the textile-production standards of Greenpeace, the environmental organization. The Lithuanian company has also become that organisation’s only global manufacturing partner, with production of a new Greenpeace collection now underway in Utena.

 At the prestigious European Business Awards in 2019, Utenos Trikotažas, an SBA Group company, was named a National Winner in the “Social Responsibility and Environmental Awareness” category. National Winners are leading European companies that create significant innovations, show impeccable business ethics and operate successfully. Last year, of the more than 120 000 competing companies, 364 European business leaders became National Winners.

About the company

The SBA Group company Utenos Trikotažas is the largest knitwear manufacturer in Central and Eastern Europe, and one of the region’s most modern producers. Retail brands it owns include Utenos and About. The companies Šatrija and Mrija (Ukraine) are also part of the Utenos Trikotažas group. 

 The main shareholder of Utenos Trikotažas is SBA Group, which owns a 92.31% stake. SBA is one of the largest Lithuanian business groups. It operates in the real estate, textile and furniture sectors. SBA’s furniture sector comprises Kauno Baldai and the SBA Furniture Company, which in turn owns five furniture producers – Klaipėdos Baldai, Šilutės Baldai, Germanika, Visagino Linija, and Mebelain. SBA owns the real estate innovation company Urban Inventors, which is developing the Green Hall business valley in the Lithuanian capital Vilnius and the BLC business centre in Kaunas. SBA group is also the majority owner of Capitalica Asset Management, which manages the Kaunas-based business centre Kauno Dokas as well as the 135 in Vilnius and plans to develop the Verde modern office complex in Riga’s Skanste district near the city centre. SBA has further established SBA Modular, which plans to build a factory in Lithuania to produce modular multi-storey houses. Recently the group acquired the robotics and automation solutions company Robotex. SBA Group’s companies have a total of nearly 5 000 employees.