Port’s Authority was assessed as a successful company

2019 12 13
Port’s Authority was assessed as a successful company

The Lithuanian Confederation of Industrialists showed respect to the Lithuanian companies that are working successfully. SE Klaipeda State Seaport Authority was among them.

The port’s authority is responsible for the port’s development, infrastructure’s improvement and administration of the port’s activities. The company is investing into the port’s infrastructure every year, and thus it increases the port’s competitiveness. 38.6 million euros were invested into the port’s development in the first half-year of this year, i.e. the amount of investments was almost twice as big as the investments of the same period last year. The continuous investments into the infrastructure allow pot users to plan their investments in order to achieve good loading results. A number of quays are under reconstruction this year in attempt to adjust them to future bigger depth. The rail paths are also constructed and reconstructed, etc.

It was calculated that investments into the infrastructure of Klaipeda Seaport attract twice as big investments of private capital into the assets meant to provide services of logistics, ship building and repairs. Their input into the port’s expansion, direct relations with owners and senders of goods, and competitive rates of loading works safeguard even, synergetic and effective expansion of the port, increase business competitiveness on national and international level, contribute to improvement of export and import indexes, and promote creation of new work places.

The Lithuanian Confederation of Industrialists attempts to assess the PFI companies that are creating and developing successfully business in Lithuania, and achievements of their managers and specialists every year. The commission of the competition "Successful Company" assesses scope of made production or provided services (annual income), profitability, investments into manufacture, export, labour productivity, and other criteria.

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