Former Chairperson at Scaent Baltic Made new London Partner at CEE Resources

 Former Chairperson at Scaent Baltic Made new London Partner at CEE Resources

  PR Newswire

  VILNIUS, Lithuania, April 26, 2013

VILNIUS, Lithuania, April 26, 2013 /PRNewswire/ --

 -  J. Garbaravicius, former chairperson at Scaent Baltic , one of the
largest investment firms in  Lithuania , becomes partner at London-based
investment firm

Jonas Garbaravicius, former chairperson of the board of Scaent Baltic , one of
the largest investment firms in Lithuania-controlling energy, financial
services, and media companies-will be in charge of investment operations in
the United Kingdom for CEE Resources & Investments LPP. 

Jonas Garbaraviciaus has managed the firm since its establishment, hitting
every target along the way, and will now become a partner at CEE Resources &
Investments LPP , an investment firm operating in the City of London, the
European financial centre. Jonas Garbaravicius will work with partners from
Russia who have vast experience of international operations and will implement
the investment development strategy in oil production and trade, electricity,
renewable energy sources and resources as well as financial sectors.

Jonas Garbaravicius has said that the decision to expand professionally to
major European financial centres and Russian market has been in the making for
a number of years:

"I have been thinking about this career move for some time. However, I had an
agreement with my colleagues and partners that I will personally see to the
completion one of the largest projects implemented by the groups controlled by
our company - the IPO of Inter Rao  Lietuva on the Warsaw Stock Exchange.
Today, nearly five months after the trading in stock began, I can firmly say
that the project has been completed successfully. Therefore, I believe it is
reasonable to hand over the management of a successful and efficient business
to my long-term colleague and excellent professional Magnus Astrom from Sweden
who is held in high esteem by his peers," he said .

About Scaent Baltic 

Currently Scaent Baltic and its partners manage companies in Lithuania,
Latvia, Estonia and Poland operating in finance, energy, publishing industry
and investment sectors. The Company owns 29 percent of shares of INTER RAO
Lietuva . The Group consists of: Scaent Baltic Investment , East Europe
Investment Group , BC Orion Securities Orion Asset Management , SC Baltic
Media , Intelligent Media, Franchise Media, SC Baltic Realty and other
companies.

For contacts: PhD Paulius Vazniokas CEO Scaent Baltic, UAB Phone: +370- 5
-242-11- 21 E-Mail:  p.vazniokas@scaent.lt