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2008-12-24
SNORO fondų valdymas UAB having merged with JT investicijų valdymas UAB will operate under a new name – SNORAS Asset Management UAB
On 23rd December this year, the Securities Commission of the Republic of Lithuania, during its meeting, allowed to reorganize JT investicijų valdymas UAB and SNORO fondų valdymas UAB by merging them.

SNORO fondų valdymas UAB, having annexed JT investicijų valdymas UAB and taken over all assets, rights and obligations of the joined company, will continue its activity under the new name - SNORAS Asset Management UAB. It is planned that the company will start operating under the new name in February next year.

After the reorganization JT investicijų valdymas UAB will terminate its activity as a legal person and will be signed out from the Legal Persons Register. This legal process will not alter the conditions and terms of the client agreements of SNORO fondų valdymas UAB and JT investicijų valdymas UAB, which were concluded prior to their merging. SNORAS Asset Management UAB will continue the execution of these agreements without any changes.

Amalgamation of the companies will allow to expand the team of professional specialists, to offer a wider spectrum of financial services, and it will also ensure the long-term and stable financial income for the clients.    

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AB Bank SNORAS
7 A.Vivulskio Str. LT-03221 Vilnius
Phone: + 370 5  239 2239
Fax: + 370 5  232 7300
E-mail: info@snoras.com
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