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Altechna announces Mr. Antanas Laurutis as new CEO

Altechna is very pleased to announce the appointment of Mr. Antanas Laurutis, to the role of Chief Executive Officer (CEO) effective 1st of February 2019. Antanas will continue to carry out Altechna’s strategy, leading the company to further international growth and delivering on our promises to customers all over the world.

“I want to congratulate Antanas on becoming our new CEO of Altechna! I am very happy, that Antanas has risen over his time at Altechna all the way to top spot. Antanas joined Altechna straight out of university and over the years has shown the highest degree of professionalism in every role he has held at the company”– noted Gintas Šlekys, Chairman of the Board.

Antanas joined the company in 2012 and became Head of Sales in 2016 leading an ambitious sales team of 20 people. Antanas features strong technical expertise and academic background in optics, optical coatings, lasers, and laser applications.

 

Mr. Per Moller, who has served two years as Altechna’s CEO, is now transitioning to focus on his new start-up fund, 70Ventures. Per has contributed to the company’s international growth and implementing its new strategy.

“Thank you Per for the time and energy you have dedicated to Altechna,” said Antanas showing his gratitude. Your knowledge and efforts have allowed us to purify our strategy and put us on a clear path to long-term success. Practical experiences with you enabled our company to grow at a rapid pace!”

Per Moller said: “It has been fantastic working with Altechna’s team all over the past two years and I hope we will have a lot of opportunities to work together in the future.”

Altechna is a Lithuania-based custom laser optics company in the photonics industry with worldwide customers. The company focuses on developing complex technological solutions and custom-tailored designs of laser optics and related accessories for laser applications for the industrial, defense and academic customer. Altechna is best defined by its customer-oriented approach and its innovative solutions, expertise, and reliability. In 2017 Altechna opened an office in China to support the expansion there. Currently, Altechna employs more than 120 highly skilled professionals. Altechna was founded in 1996 by physicist Dr. Gintas Šlekys and received a growth capital investment from LitCapital in 2013.

LitCapital is an independent professional private equity fund management company based in Lithuania. It was founded in 2010 and currently manages a €25 million growth capital fund, Litcapital I KŪB. The fund, which was established under the JEREMIE initiative in cooperation with the European Investment Fund (EIF), supports investment in the expansion of private Lithuanian companies.