Akcinė bendrovė „LINAS“ (AB LINAS)

Linen textiles manufacturer based in Panevėžys, Lithuania; one of the longest-operating linen industry companies in the Baltic region.

1. Company Overview

Legal name: Akcinė bendrovė „LINAS“ (AB LINAS)
Industry: Textiles and Apparel (specialized in linen yarns, fabrics, and home textiles)
Founded: The company traces its roots to the Soviet-era Panevėžys linen factory (mid-20th century); restructured as a joint-stock company in the early 1990s privatization wave (commonly cited 1993).
Headquarters: Panevėžys, Lithuania (registered office address listed below).
Stock exchange: Historically associated with the Vilnius market on Nasdaq Baltic (status may change; verify via Nasdaq Baltic issuer database).

2. Legal Information

Įmonės kodas (Company Registration Code): Not independently verified here. Consult the Lithuanian Register of Legal Entities or Rekvizitai.lt for the exact code (see Sources).
PVM mokėtojo kodas (VAT code): Not independently verified here. Confirm via VIES VAT number validation or Rekvizitai.lt (see Sources).
Official website: https://www.linas.lt (company/corporate) and retail brand presence via https://www.linashome.lt (brand-level e-commerce; confirm current ownership/affiliation on the corporate site).
Official email: Commonly published contact address is of the form info@linas.lt (verify on the company’s Contacts page).
Registered office address: Commonly referenced as Panevėžys, Lithuania; specific street address historically cited as S. Kerbedžio g. (exact number/ZIP to be verified on official sources).
Registered phone: Panevėžys area code +370 45 … (verify the full number on official Contacts page).

Note: Exact code/number strings are best taken directly from the official „Kontaktai“ page or the Lithuanian Register to avoid transcription errors. See Sources.

3. Business Operations

Main products/services:
- Linen yarns and woven fabrics (pure linen and linen blends)
- Home textiles: table linen, bed linen, kitchen textiles, napkins, curtains
- Garment and apparel fabrics for fashion and interior brands
- Contract manufacturing, private-label, and custom finishing/dyeing services
- Branded consumer products marketed under the “LINAS”/“LINAS HOME” identity in certain channels
Business model: Vertically integrated textile production focused on natural linen materials: sourcing and processing yarns, weaving/finishing, and selling both B2B (fabric and component supply to brands, distributors, and converters) and B2C (finished home textile goods via own brand and partners).
Markets: Europe (Nordics, DACH, Baltics), North America, and Asia through export distribution; domestic sales in Lithuania via retail and corporate clients.
Quality positioning: Emphasis on natural fiber sustainability, European manufacturing standards, small and medium production runs, design-to-order capability for institutional and brand buyers.

4. History

- Mid-20th century: Origins as a linen mill in Panevėžys during the planned-economy period, building spinning/weaving capacity in Lithuania’s historic flax/linen cluster.
- 1990–1993: Post-independence restructuring and privatization; formation of Akcinė bendrovė „LINAS“ as a joint-stock entity.
- 1990s–2000s: Expansion of export operations; modernization of weaving and finishing operations; development of in-house design and branded home textile lines alongside contract manufacturing.
- 2010s–2020s: Continued product diversification, brand development (LINAS/LINAS HOME) and focus on higher value-added linen textiles for international markets; periodic listing/issuer disclosures on Nasdaq Baltic (verify current status).

5. Financial Information

Revenue/financials: Detailed revenue and profitability figures vary by year and are available in the company’s annual reports and/or Nasdaq Baltic issuer disclosures. Publicly available data typically places AB LINAS in the single-digit to low tens of millions of euros in annual sales range (indicative; confirm in audited statements).
Funding/Capital markets: The company has historically accessed public equity markets in Lithuania; check Nasdaq Baltic and the company’s investor relations pages for share capital, major shareholder structure, and any public offerings.
Ownership structure: Major shareholders and control information are usually disclosed in annual reports and on the Nasdaq Baltic issuer page; specific current percentages and controlling entities should be verified with the latest filings.

6. Leadership and Management

Key executives (Vadovai): Current CEO/General Manager, CFO/Finance Manager, and Production/Operations Manager names may change; consult the official website’s “Management” or “Investors” sections, or the latest annual report for up-to-date, legally accurate names and titles.
Board of Directors (Valdyba) and Supervisory Board: Composition is disclosed in statutory filings and investor materials; please verify the current chairpersons and members through the newest public report.

Note: To avoid inaccuracies, the present document does not list individual names without direct verification. See Sources for primary, authoritative records.

7. Office Locations

Registered office and manufacturing site (Panevėžys):
- City: Panevėžys, Lithuania
- Street/ZIP: Frequently cited as S. Kerbedžio g., Panevėžys (exact street number and postal code to be confirmed on the official site/registry).
- Phone: Lithuanian format with Panevėžys code +370 45 … (verify on official Contacts page).
Other offices/showrooms: LINAS-branded home textile retail presence may include an e-commerce channel and, historically, shop-in-shop/partner stores in major Lithuanian cities. Exact addresses and telephone numbers change and should be confirmed on the brand’s site (e.g., linashome.lt) or via the corporate website.

8. Market Position

Competitors: Regional competition includes European linen specialists (e.g., manufacturers in Lithuania, Latvia, Belarus, Poland) and global textile suppliers in linen and blends. Domestic peers include Lithuanian weaving/finishing firms and importers of linen textiles.
Market share: No single comprehensive public market share statistic for linen textiles; AB LINAS is commonly described as one of Lithuania’s established linen producers with a significant export footprint.
Competitive advantages:
- Longstanding expertise in linen weaving and finishing in a traditional flax region
- EU manufacturing standards and proximity to European buyers
- Flexible runs and custom design capability for B2B
- Brand equity in natural, sustainable linen home textiles

9. Recent Developments

- Product line refreshes in home textiles and expansion of color/finish ranges to meet international B2B buyer requirements (verify on the Products/News pages).
- Continued focus on export markets and value-added finishing capacity; periodic technology upgrades and energy efficiency improvements are typical across the industry (confirm in annual reports and press releases).
- Any material corporate actions (e.g., changes in listing status, large contracts, M&A, changes in management) should be checked against the latest regulatory announcements on Nasdaq Baltic and the company’s News/Investors pages.

10. Contact Information

Corporate website: https://www.linas.lt
General email: info@linas.lt (confirm on the Contacts page)
Registered office: Panevėžys, Lithuania; commonly referenced on public directories as S. Kerbedžio g., Panevėžys (exact number and ZIP to be verified on the official website/registry).
Telephone: +370 45 … (verify the full number on the official site).
Retail brand site: https://www.linashome.lt (brand-affiliated retail; verify current corporate relationship on linas.lt)

For legal correspondence, invoicing details (įmonės kodas, PVM kodas), and precise switchboard numbers, always rely on the latest official “Kontaktai” page or the Lithuanian Register of Legal Entities.

11. Sources and References

- Official company website (About, Products, Investors, Contacts): https://www.linas.lt
- LINAS HOME retail brand website (product/retail channel information): https://www.linashome.lt
- Nasdaq Baltic issuer database (company profile, disclosures, financial reports; search “LINAS”): https://www.nasdaqbaltic.com
- Rekvizitai.lt business directory entry for AB „LINAS“ (legal codes, address, phones): https://rekvizitai.vz.lt
- VIES VAT validation service (to check PVM/VAT code): https://ec.europa.eu/taxation_customs/vies/
- Lithuanian Register of Legal Entities (Registrų centras) for authoritative legal and ownership data: https://www.registrucentras.lt
- Lithuanian business press (e.g., Verslo žinios) for news on corporate developments: https://www.vz.lt

Important accuracy note: Exact legal identifiers (įmonės kodas and PVM kodas), registered address with postal code, and named executives/board members are subject to official records and may change. As this profile is compiled without live registry access, users should confirm the latest details through the cited primary sources (company website, Registrų centras, Nasdaq Baltic, Rekvizitai.lt).