2013-05-15 17:11

Finnish president visits Western Baltija shipyard in Klaipėda

Finnish President Sauli Niinisto on Wednesday visited the Western Baltija shipyard, a subsidiary of Vakarų Laivų Gamykla (Western Shipyard, or VLG), which is owned by Estonia's BLRT Grupp, as part of his tour in Klaipėda.
Suomijos prezidentas Sauli Niinisto
Finnish President Sauli Niinisto / BFL/Vyginto Skaraičio nuotr.

VLG is building 19 blocks with a total weight of 5,740 tons for STX Finland. Two months ago, it also signed a contract with Finland's Arctech to build blocks with a total weight of 2,470 tons for an ice-breaker.

"The Finnish market is interesting and attractive to our group's companies," Arnoldas Šileika, the CEO of VLG, said in a press release.

VLG has a joint venture with Finland's Cargotec, named MacGregor BLRT Baltic, and a joint venture with Wartsila, named Wartsila BLRT Lietuva.

BLRT Grupp owns 96.82 percent of shares in VLG.

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