Siauliai Stumbras to Reduce Capital?
6 December 2004
The Siauliai Stumbras leather producer in Lithuania have called a meeting of shareholders for December 28 to vote on proposals to reduce the company's authorised capital by cancelling some shares, according to the LETA news agency. This follows the company's loss of around 5.2 million euros in 2003. On April 30, 2004, Siauliai Stumbras' largest shareholder, with a 39.24% stake, was Visuotine Sekme.
