Nyheter och Projekt

As the current and future shareholders of UMARAS, UAB have reached a constructive agreement on the further business management structure, the management structure of the company is being renewed by mutual consent of all shareholders. The General Manager of the Company, Mr. Kostas Jovaiša, will be replaced by the Acting General Manager, Ms Milda Samsonaitė, as of July 31, 2020. Mr. Kostas Jovaiša is waiving the claim he had filed and will no longer dispute the decision of the Sole Shareholder of UMARAS, UAB, dated July 15, 2020, regarding the change of the General Manager. UMARAS, UAB intends to continue its active development and investments in order to maintain and strengthen its existing leading position in the field of polyethylene film production.