In the history of enterprise, Saliamonas Banaitis is one of the names that keeps returning.
The record lists Saliamonas Banaitis as Lithuanian businessman (1866-1933).
Saliamonas Banaitis was born at Vaitiekupiai in 1866. His recorded nationality is Lithuania. He was educated at Marijampolė Gymnasium.
Industrialisation changed the scale of everything: factories, railways, joint-stock capital and the first modern corporations.
He worked as banker, publisher and politician.
Business reputations are unusually sensitive to the decade in which they were made.
That the business was built from Lithuania shaped it: capital, regulation and market size differ by country, and they decide what is even attemptable.
Saliamonas Banaitis died in 1933, aged 67. What remains is the enterprise and its consequences, which is the only durable measure of a commercial life.
Achievements
- Educated at Marijampolė Gymnasium
