Citus boss changes, holding company created



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Published: 2020-05-11 10:52

Mantas Galdikas, the appointed chief of UAB Citus. Company photo

Mantas Galdikas has been appointed to manage the real estate development company Citus.

It will replace Mindaug Vanag, CEO and CEO, who will focus on implementing the group’s strategy to seek investment in new businesses and projects, the company said.

This ingsni ruoms has been operating since 2018. We want to implement a western investment management model in Lithuania, which will allow us to attract large investors and, at the same time, large investments in a few years. Therefore, the formation of the Vanagas Group and the companies that comprise it will take a long time, says M. Vanagas.

photo :: 1 left

The UABVanagas Group was registered in 2009, but it did not operate, it did not receive any sales income, according to data from the Registration Center. According to Citus, the company will operate as a holding group.

M. Vanagas says he will continue to participate in the crisis of the housing project concepts, and M.Galdikas will take over the management of all operational activities, increase efficiency and strengthen his position in the market.

Mr. Galdikas previously headed the Axioma group of companies, Axis Industries and several other ICOR companies.

The period that started on the market will definitely not be easy, but at that time the Danes also have a very good opportunity, says M. Vanagas. It takes time and effort to collect them. Operational activities and project control are no less important, so I will transfer them to a new manager.

[infogram id=”2cd1786f-c3c1-4621-9d7d-fb31576dca89″ prefix=”nvn” format=”interactive” title=”Copy: Citus rezervuotas bstas”] [infogram id=”b54e0389-b4ab-4187-a0f1-69029d6943ab” prefix=”MQu” format=”interactive” title=”daugiausia but Vilniuje 2018-2019 pardav pltotojai butai bstas”]

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