Utenos Trikotažas AB (UTR1L)
XLIT 
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Utenos Trikotažas AB Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Ms. Nomeda Kaucikiene CEO | XLIT Exchange | - ISIN |
| DE Country | 798 Employees | 13 May 2019 Last Dividend | - Last Split | - IPO Date |
Overview
Utenos Trikotazas AB, with its inception in 1967 and headquartered in Utena, Lithuania, stands as a prominent figure in the knitwear and textile industry. This entity boasts a rich legacy in producing and distributing an array of knitwear and textile articles, prominently marketed under the UTENOS and ABOUT brands. The operation spectrum of Utenos Trikotazas is bifurcated into two principal segments: the Production of Knitted Articles and the Production of Working Clothes. The brand not only caters to local clientele but also proudly exports its products to key European markets, including Germany, Austria, Switzerland, and Scandinavia. Reflecting a modern approach to retail, it facilitates product availability through both traditional physical storefronts and contemporary e-shops, illustrating a hybrid model of commerce. Moreover, as a subsidiary of UAB koncernas SBA, Utenos Trikotazas AB cements its status within the textile industry by leveraging combined strengths for greater innovation and market reach.
Products and Services
- Jersey Fabrics: The company excels in offering a versatile range of jersey fabrics, catering to diverse needs. This includes base layer, mid layer, workwear fabric, and fabric for service uniforms, each tailored to provide comfort and durability.
- Fabric Development Services: Utenos Trikotazas AB extends its expertise to fabric development, incorporating a myriad of services like knitting, finishing, natural dyes, dyeing, and printing. This bespoke service ensures that specific client requirements are met with precision and creativity.
- Ready-made Garments: The extensive product line also encompasses ready-made garments, designed for variegated consumer needs. This range covers leisurewear, underwear, fashion, kids and baby clothing, functional clothing, sportswear, sleepwear, thermal clothing, and home textile. Furthermore, the company offers on-demand production clothing, which allows for customized garment creation, aligning with individual styles and preferences.
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