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Lithuania's MRO provider FL Technics to Semmco UK
BC, Vilnius, 02.09.2016.
Print version
Print versionFL Technics, an aircraft maintenance, repair and overhaul (MRO) services company that is part of the Lithuanian-owned, Warsaw-listed aviation group Avia Solutions Group (ASG), will represent the UK ground equipment manufacturer Semmco, reports LETA/BNS.
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The Lithuanian company said that FL Technics would represent Semmco in 24
countries in Southeast Asia, Eastern Europe and the CIS, according to a deal.
FL Technics will be exclusive
distributor of the UK company's production in Myanmar, Laos, the Philippines,
Cambodia, Nepal, Bangladesh, Bulgaria, Hungary, Slovakia, Latvia and Lithuania,
also reselling Semmco equipment in Russia and the CIS.
Last year, FL Technics posted a net loss
of 11.917 mln euros (down from EUR 145,000 in profit in 2014), while its revenue
from sales went up by 4.3% t to 86.638 mln euros.
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