Conserning hold of the production line in Kaliningrad factory (Russia)


AB „Snaigė“ management board decided to put on hold the production line in      
Kaliningrad (Russia) factory. The decision is taken in order to avoid losses    
caused by devaluation of Russian national currency rouble and due to current    
overal market contraction. Due to decreasing sales volumes in Russia, in the    
short run Kaliningrad factory is able to satisfy current demand by selling      
accrued inventories from the warehouses.                                        


General manager                                                                 
Gediminas Čeika                                                                 
+370 315 56206