Lauma Fabrics changed direct ownership



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The shares of the company "Lauma Fabrics" were previously owned by "European Lingerie Group", the direct owner of the textile company "Lauma Fabrics", which indirectly held the shares of the company indirectly, is the information "Firmas.lv". European Lingerie Brands, the sole owner of the European Lingerie Group

"As we wanted to simplify the structure of the group, European Lingerie Brands and the European Lingerie Group were merged and the official list of owners appears in the business register Although the ownership structure does not change, there is no effect on Lauma Fabrics, "said Lauma Fabrics, a news agency.

Changes in the business register are accounted for on July 13 [19659002] Lauma Fabrics' revenue in 2017 was 32.513 million euros, or 0.5% more than in 2016, in turn t the profits decreased by 11.4% to 2.291 million euros

The European lingerie group is headquartered in Latvia, has factories in Latvia, Hungary and Germany.The European Lingerie Group uses lacquers and fabrics for the biggest manufacturers underwear The Lauma Fabrics brand, but the medical products of the Lauma Medical brand are manufactured. The group also develops, manufactures and distributes "Conturelle" and "Felina" brand underwear.

"European Lingerie Group" was founded in 2017 and has a registered capital of 39.97 million euros. The total turnover of the European Lingerie Group was 73 million euros in 2017.

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