June 26, 2017 5:57 PM ET

Machinery

Company Overview of AB Vakaru Laivu Gamykla

Company Overview

AB Vakaru Laivu Gamykla provides ship repair and modification, shipbuilding, stevedoring, and storage services in Europe. The company offers metal construction production, metal processing, hot galvanization, procurement, transport, and marine services. Its services also include loading works, ship agent, technical, metal-processing, engineering design, cargo transportation and forwarding, laboratory analysis, and financial and bookkeeping accounting; cleaning and painting of metal surfaces; measurement of thickness; and repair of the hatches of ship holds. The company was founded in 1969 and is based in Klaipeda, Lithuania. AB Vakaru Laivu Gamykla operates as a subsidiary of BLRT Grupp AS.

Minijos str. 180

Klaipeda,  93269

Lithuania

Founded in 1969

Phone:

370 4 648 3600

Fax:

370 4 648 3607

Key Executives for AB Vakaru Laivu Gamykla

Managing Director
Technical Director
Human Resources Director
Compensation as of Fiscal Year 2016.

AB Vakaru Laivu Gamykla Key Developments

Vakaru Laivu Gamykla to Invest EUR 17 Million in Technologies in 2017

Vakaru Laivu Gamykla in 2016 has invested EUR 19 million in technological upgrades and expansion, with another EUR 17 million earmarked for this purpose for 2017. 2016's investment went toward installing a modern plasma metal cutting line, upgrade ship repairing facilities and setting up a robotic welding line in the shipyard. The new line, which is to be launched at the end of 2016, will replace 26 workers, who will be relocated to other production processes.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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