Utenos Trikotazas AB is a Lithuania-based company engaged in the textile industry. The Company operates in three segments: production of knitted articles; production of working clothes, and retail in knitted articles. Products include womenâs and menâs wear and undergarments and eco-friendly clothing. The production cycle is composed of knitting, dyeing, finishing, cutting, sewing, inspection and packaging. The Companyâs sewing lines produce numerous items of knitwear products. The Company distributes its products within Lithuania, the Baltic States, as well as Western Europe and other regions. As of December 31, 2011, the Companyâs major shareholder was Koncernas SBA UAB with a stake of 51.12%.
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