Skip to main content

Aurimas Likus Heads the Finance Department of Utenos Trikotažas

Written by Customer Service on . Posted in Public Companies.

June 27, 2023

Utenos Trikotažas appoints Aurimas Likus as its new Head of Finance, replacing Živilė Jonaitytė, who held the position for over three years. With over 15 years of experience in corporate finance and banking, Aurimas assumes this role while continuing his position as the Financial Control Lead at the SBA Group, the primary shareholder of Utenos Trikotažas.

Before joining the SBA Group, A. Likus spent a significant part of his career working at SEB Bank, where he held the position of Client Executive in Corporate banking. During this time, he played a pivotal role in managing large corporate client financing projects, navigating complex financial transactions such as mergers and acquisitions, and providing business advisory services.

“I am confident that with Aurimas’ leadership, we will capitalize on our potential by further improving operational efficiency and boosting manufacturing productivity. His wealth of experience and financial acumen will undoubtedly strengthen our organization as we strive to secure our financial stability and discipline before embarking on a new season of intense manufacturing,” says Nomeda Kaučikienė, CEO of Utenos Trikotažas.

Utenos Trikotažas has already witnessed remarkable improvements in its operational results, showcasing a strong focus on enhancing financial performance. In the first quarter of 2023, the company successfully reduced losses by over 70%, demonstrating its resilience and commitment to sustainable profitability.

Utenos Trikotažas, the largest and one of the most sustainable knitwear manufacturers in Central and Eastern Europe, places a strong focus on sustainable manufacturing practices. As a certified jersey producer, the company specializes in ready-to-wear production on demand and the development and manufacturing of jersey fabrics.

The Utenos Trikotažas Group of companies includes UAB Aboutwear, AB Šatrija, UAB Gotija, and OAO Mrija (Ukraine). SBA Group serves as the major shareholder of Utenos Trikotažas AB.

More information:

Aurimas Likus
Head of Finance
M.: 8 618 07809
E.:  aurimas.likus@sba.lt

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.