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October 07, 2015 4:49 PM ET


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.

Minijos str. 180

Klaipeda,  93269


Founded in 1969


370 4 648 3600


370 4 648 3607

Key Executives for AB Vakaru Laivu Gamykla

Managing Director
Technical Director
Human Resources Director
Compensation as of Fiscal Year 2015.

AB Vakaru Laivu Gamykla Key Developments

AB Vakaru Laivu Gamykla Announces Consolidated Earnings Results for 2013; Projects Earnings Guidance for 2014

AB Vakaru Laivu Gamykla announced consolidated earnings results for 2013. For the period, the company reported losses to LTL 20.491 million (EUR 5.94 million), from LTL 65.852 million in 2012. Sales revenues edged up by an annual 1.4% to LTL 378.561 million, including LTL 297.408 million, or 73%, in export revenues. Losses were due to LTL 54 million worth of loans provided to subsidiary companies. For 2014, the group projects LTL 10,000 in net profit and LTL 353.021 million in revenues.

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