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Photo by Vladimir Ivanovo (V)
Last year was a financial success for both Valdas Sutkus UAB Bonum partners and the Lithuanian Business Confederation, which he runs.
The income of the UAB partner Bonum, whose manager and sole shareholder is V. Sutkus, who is engaged in consulting business and other management activities, increased almost twice in 2019 from 76,800 to 151,700 euros. Net profit gained 129,161 euros, which is almost one and a half times more than a year earlier, 54,331 euros, according to data from the Registry Center.
The revenue of the Lithuanian Business Confederation, whose activities are the largest commercial and service companies and their associations in Lithuania, in 2019 amounted to 2.04 million. The euro was 63% higher than in 2018.
Last year’s net operating result amounted to EUR 138,919, compared to EUR 74,194 in 2018.
The Lithuanian Business Confederation (LVK) states that last year it received 231,494 Eur of membership and objectives, which were used to finance the organization’s activities in accordance with the objectives set out in its statutes. 18 new members joined the confederation.
In 2019, the LVK officially addressed various institutions 277 times, providing opinions and offers on topics relevant to business, according to the annual report submitted to the Records Center.
V. Sutkus is the President of the LVK Presidium.
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