Ekranas

AB Ekranas was a Lithuanian industrial company whose principal activity was the manufacture of electronic devices, most notably cathode-ray tubes (picture tubes) for televisions and monitors. It was based in Panevėžys, Lithuania, and became one of the country's better-known electronics manufacturers during the post-Soviet period. The company was privatized in 1994 and registered as a joint-stock company (akcinė bendrovė) on 18 April of that year. Ekranas grew into a significant exporter within the Lithuanian electronics sector and was listed on the Vilnius Stock Exchange. In 2004 the company reported revenue of 467 million Lithuanian litas (LTL), following revenue of 462.274 million LTL and a profit of 35.046 million LTL in 2003. These figures placed it among the larger Lithuanian industrial enterprises of the period. Despite its scale, the company ran into severe financial difficulty in the mid-2000s. On 20 April 2006 the Panevėžys District Court opened insolvency proceedings against AB Ekranas and appointed Laisvutis Virgilijus Survila as insolvency administrator. On 25 May 2006 the Lithuanian Court of Appeal altered that decision and appointed the firm UAB Baklis (Gintaras Gelčys) as administrator of BAB Ekranas. The company did not recover, and its cathode-ray tube business became obsolete as flat-panel display technology displaced CRT production worldwide. The Ekranas name also lived on in sport through the football club Ekranas Panevėžys, which the company supported. The original corporate website domain, ekranas.lt, is no longer operated by the company; as of the evidence available it is a registered domain parked with the Lithuanian hosting provider Interneto vizija, indicating that the brand's web presence has lapsed.

AB Ekranas was a Lithuanian company that manufactured cathode-ray tubes (picture tubes). Its main activity was the production of electronic devices. The company was privatized in 1994 and registered as a joint-stock company on 18 April of that year. By the early 2000s Ekranas was a substantial industrial enterprise. In 2003 it recorded revenue of 462.274 million Lithuanian litas and a profit of 35.046 million litas. In 2004 revenue reached 467 million litas. The company was listed on the Vilnius Stock Exchange, giving it access to public capital markets. The company's fortunes declined in the mid-2000s. On 20 April 2006 the Panevėžys District Court opened insolvency proceedings for AB Ekranas and appointed Laisvutis Virgilijus Survila as insolvency administrator. On 25 May 2006 the Lithuanian Court of Appeal changed the 20 April 2006 decision and appointed the company UAB Baklis (Gintaras Gelčys) as administrator of BAB Ekranas. The insolvency marked the end of Ekranas as an operating manufacturer. The company also had a football club, Ekranas Panevėžys, which carried the brand name in Lithuanian sport. The original corporate website domain, ekranas.lt, is no longer used by the company; according to the evidence it is a registered domain parked with the Lithuanian hosting provider Interneto vizija.

• 2006

  Panevėžys District Court opened insolvency proceedings on 20 April; Laisvutis Virgilijus Survila appointed administrator.

• 2006

  Lithuanian Court of Appeal changed the 20 April decision on 25 May; UAB Baklis (Gintaras Gelčys) appointed administrator of BAB Ekranas.

• 2004

  Revenue of 467 million LTL.

• 2003

  Revenue of 462.274 million LTL and profit of 35.046 million LTL.

• 1994

  Company privatized and registered as a joint-stock company on 18 April.

Lithuanian industrial electronics manufacturer and CRT producer; formerly a listed public company.

• Cathode-ray tubes (picture tubes)

• Electronic devices

1. 1ekranas.lt - Užregistruotas domenas - Interneto vizijaekranas.lt
2. 2Ekranaswikidata.org
3. 3Ekranasde.wikipedia.org