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Panevezio Statybos Trestas

Legal Proceedings Report Aug 1, 2014

2244_iss_2014-08-01_f8c2a2f0-6c54-4e69-bad7-73a0a81ee9ca.html

Legal Proceedings Report

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Disclosure 316805

Panevezio Statybos Trestas - Notification on material event

Panevėžio statybos trestas AB is under Reorganisation

On the 1st of August Panevėžio statybos trestas AB is starting reorganisation and establishing branches. The specialised subdivisions will be reorganised to three branches: Betonas, Konstrukcija and Stogas where production capacities will be concentrated. Reorganisation of the company is aimed at reducing operating costs and creating a more efficient performance model, which would ensure independent participation in the market for the branches of the company. It is expected that this will allow increasing performance efficiency, improving quality of the rendered services and achieving even better results. Panevėžio statybos trestas AB has already the following branches operating: Gerbusta, Pastatų apdaila, Genranga and Klaipstata. Contact person Dalius Gesevičius Managing Director Tel. (+370 45) 505 502

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