AB Linas Agro Group took over management of UAB Jungtine Ekspedicija.
AB Linas Agro Group acquired 54.95% of shares of UAB Jungtine Ekspedicija for the total amount of litas 1,045,000 and took over the management of the enterprise. At present, AB Linas Agro Group 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 optimum routes for freight transportation, provides ship agency and chartering services. The major freight of the company consists of agricultural produce (rapeseed, grain, oilseed cakes and meal), fertilisers, vegetable oils, biodiesel, various chemical products, metal raw material and products, vitamin concentrates and fodder additives, a wide range of fossils and minerals, various other standard size and oversized cargoes. The company collaborates with seven stevedoring and three cargo control companies in Klaipeda seaport and has the exclusive right to use roofed warehouses with 57 thousand tons capacity and liquid products terminal with 7.5 thousand tons capacity. Revenue of the company in the first half of financial year 2012/2013 totalled LTL 1.32 million.