Provider: Wright Reports
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Linas Agro Group AB Acquires 54.95% Stake of UAB Jungtine Ekspedicija
Linas Agro Group AB announced that it has acquired a 54.95% stake of UAB Jungtine Ekspedicija for the total amount of LTL 1,045,000 and took over the management of the enterprise. At present, Linas Agro Group AB controls 100% of the stock of UAB Jungtine Ekspedicija. UAB Jungtine Ekspedicija, established in Klaipeda in 1998, provides freight transportation, reloading, warehousing, insurance, bulk cargo packing into bags in Klaipeda seaport, provides custom agent's services, selects routes for freight transportation, provides ship agency and chartering services. The freight of UAB Jungtine Ekspedicija consists of agricultural produce, fertilizers, vegetable oils, bio-diesel, various chemical products, metal raw material and products, vitamin concentrates and fodder additives, and a wide range of fossils and minerals. UAB Jungtine Ekspedicija collaborates with seven stevedoring and three cargo control companies in Klaipeda seaport and has the right to use roofed warehouses with 57,000 tons capacity and liquid products terminal with 7,500 tons capacity.
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