ISM University of Management and Economics

Feb 3rd, 2012
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This paper serves as an internship report which was carried out within one of the departments of the international business company JSC “UMEGA”. JSC “UMEGA” (hereinafter – UMEGA) is a metal processing group which operates as a subcontractor for Western European companies and also has its own brands under which the company produces industrial and home appliances both for the local (Lithuania) and foreign markets.

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?Internship ReportVolodymyr MasnevISM University of Management and EconomicsVilnius, 2014IntroductionRelevance This paper serves as an internship report which was carried out within one of the departments of the international business company JSC "UMEGA". JSC "UMEGA" (hereinafter - UMEGA) is a metal processing group which operates as a subcontractor for Western European companies and also has its own brands under which the company produces industrial and home appliances both for the local (Lithuania) and foreign markets. It is important to state that to avoid superficial analysis (as the processes and products UMEGA group manufactures are of vast scope) and for report to have an applied value (address and provide suggestions for the business problem the company experiences), the second and third parts of the report are devoted solely to the contract manufacturing division (Vienybe) and not the whole group. Logical sequenceThe first part presents the general information about the company to give the reader a full view on the scope of company's operations and current state. This includes current situation analysis, a brief evaluation of the financial indicators of the company during the last four years. Business areas covered are also described along with information on the owners and organizational structure of the company. The second part of the report is devoted solely for the analysis of the contract manufacturing division of the company, reflecting its business a

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