A stitching firm that has been working for nearly thirty years is counting its final days: all staff are being laid off

by times news cr

2024-05-24 10:13:14

The supervisor of Detexos, Danutė Valeišienė, defined to Eltai that the chapter was declared as a result of low variety of orders, unhealthy market circumstances and lack of working capital.

“Sure, we’re laying folks off as a result of chapter. (…) The market circumstances have been unhealthy since January, orders have decreased, there’s a lack of funds”, stated D. Valeišienė.

Based on Sodra, at the start of this 12 months, the corporate had 63 staff, at the start of 2023 – 68 folks, at the moment in 2022. in January – 78.

Based on the info of the Register Heart, “Detexa” in 2022 labored at a loss – suffered 33.4 thousand EUR web losses, its earnings amounted to 895.1 thousand. euros. The corporate additionally operated at a loss in 2021, when its earnings reached 667 thousand. EUR, and losses – 233.7 thousand. euros.

Based on “Sodros”, the corporate’s debt in March reached 66.3 thousand on the finish euros.

All Detexa shares belong to Baltų tekstilė firm. Vytas Damalakas, the shareholder of this firm, again in January. Enterprise Information stated that orders are lowering, it’s tough to compete with large gamers like Adidas or Nike.

Detexa, previously Textilite, has been working since 1998.

2024-05-24 10:13:14

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