June 25, 2018 2:11 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. AB Vakaru Laivu Gamykla operates as a subsidiary of BLRT Grupp AS.

Minijos str. 180

Klaipeda,  93269


Founded in 1969


370 46 483600


370 46 483607

Key Executives for AB Vakaru Laivu Gamykla

Managing Director
Technical Director
Human Resources Director
Compensation as of Fiscal Year 2017.

AB Vakaru Laivu Gamykla Key Developments

AB Vakaru Laivu Gamykla Announces Consolidated Earnings Results for the Year 2017; Provides Earnings Guidance for the Year of 2018

AB Vakaru Laivu Gamykla announced consolidated earnings results for the year 2017. For the year, the company reported EUR 7.529 million in net profit, down 31.2% from EUR 10.941 million in 2016. The company's sales revenue inched down 8.3% to EUR 87.377 million. For the year 2018, the company plans to increase its turnover to EUR 97.02 million and earn EUR 11.258 million in pre-tax profit.

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.

Similar Private Companies By Industry

Company Name Region
'Anyksciu Varis' Uab Europe
AB Umega Europe
AB Vingriai Europe
UAB Domingos prekyba Europe
UAB Freor LT Europe

Recent Private Companies Transactions

November 28, 2017
Marine Technology AS

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact AB Vakaru Laivu Gamykla, please visit www.wsy.lt. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.