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Friday, 26.04.2024, 02:39
Imlitex Holdings to export products via Klaipeda port and Riga
The company
announced signature of a long-term contract with Bega, one of the largest stevedoring companies in Lithuania.
Gytis Svilainis, marketing chief at Imlitex Holdings, told BNS that the production will be exported via
both ports from fall.
Imlitex Agro CEO Asta Vaiciulyte told BNS that the company would not reveal the
grain exports numbers or proportions due to confidentiality reasons.
Bega is currently expanding terminal capacities,
building six new reservoirs of 12,000 cubic meters each, with some of them
intended for grain of Imlitex Holdings' subsidiary, Imlitex Agro. Bega is investing
5 million euros in the first grain handling complex, with a total investment of
25 million euros within three years.
Imlitex Agro is currently building a grain elevator with capacity of 30,000 tons
of grain in Kretinga, close to Klaipeda.
In 2016, the Imlitex Holdings group posted
turnover of 244.983 million euros, up by 5.4% year-on-year, while consolidated
profits fell by 36% to 1.548 million euros.