The updated board of our company, consisting of five members, has been registered and has begun its duties. Evaldas Remeikis has been elected as the Chairman of the Board, and the other members of the board include Ricardas Tamasiunas, Aiva Remeikiene, and two independent members, Darius Simanavicius and Darius Samuolis.

“The board will perform advisory and supervisory functions. This will further strengthen our position, allowing us to strategically increase our market share in the trading, logistics, and manufacturing sectors, and better meet customer needs during intense periods, such as the implementation of smart cash registers this year,” says Vitalijus Garbauskas, the CEO of our company.

Ricardas Tamasiunas, a business consultant and minority shareholder of our company, will be responsible for sales, suppliers, and manufacturers.

The financial matters and performance indicators will be handled and overseen by Evaldas Remeikis, who holds the position of Chairman of the Board and is also the CEO of the financial technology company “NEO Finance” and the private equity firm “ERA Capital,” and is one of the shareholders of our company. Aiva Remeikiene, an investor, business consultant, co-owner of “ERA Capital,” and one of the shareholders, will also contribute her expertise to these matters.

Independent member Darius Samuolis, the CEO of the consultancy and training company “Ledo mintys” (Ice thoughts) and a former Vice-president at UAB “Kesko Senukai Lietuva,” as well as an Executive Manager in the “KG Group” of companies, will be responsible for operational and management issues in the board. Additionally, Darius Simanavicius, the CEO of the hospitality sector technology companies UAB “UCS Baltic” and “UCS Latvia,” an investor, and the founder of the investment club “Pinigų srautas” (Money flow), will also be involved in handling these matters.

“The confirmed board brings together diverse and business-relevant competencies, and I believe that the board’s activities will add value to our operations,” says Vitalijus Garbauskas.

We have been operating in the market for over three decades, during which we have been implementing technological solutions for the trading, manufacturing, and logistics sectors. We are also one of the largest suppliers of cash registers and computerized cash systems, smart cash registers, self-checkouts, and retail equipment in Lithuania.

We represent a wide network of manufacturers from around the world in Lithuania and work with well-known brands such as “Honeywell,” “Bixolon,” “Casio,” “Posiflex,” “Citizen,” and others.

We implement and service solutions and supply equipment to well-known Lithuanian companies, including retail chains such as “Norfa,” “Maxima,” UAB “Kilminė,” which manages the “Express Market” brand, wholesale trading chain “Sanitex,” healthcare network “Antėja,” logistics company “Venipak,” AB “Lietuvos paštas,” and many others.

We provide services in four countries: Lithuania, Latvia, Estonia, and Poland. Last year (2022), our company’s revenue exceeded EUR 7.5 million.

In the photo, the “Raso” board members (from left to right): Darius Simanavicius, Evaldas Remeikis, Ricardas Tamasiunas, Aiva Remeikiene, Darius Samuolis.