Klaipeda plans borrowing

  • 2012-04-25
  • From wire reports
KLAIPEDA - The management of the Klaipeda Seaport Authority have stated that opportunities for future investments are about to decrease because profits are being taken out by the government, reports Jura24.lt. The decision on the profits of the Port Authority is to be made in May.Prior to this, plans for the port’s development will be discussed by members of the Transport, Agriculture and Finance Ministries of Lithuania.In 2011, the profits of the Port Authority were 167 million litas (48.4 million euros). The profits were higher by 19.1 million litas compared to 2010. This...
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