“We handled more than 1.6 million tons of cargo during the year, which is about 3% less than in 2024. The first half of the year was particularly successful, with a 15% increase over the plan. However, at the end of the year, the overall result was adjusted due to a decrease in cargo flows, especially timber,” says Julius Kiršis, CEO of our terminal.
According to J. Kiršis, the decline in timber cargo was due to global factors. “In Asia, new processing capacities, i.e., new factories, have reduced demand for European paper industry products. The situation was further affected by changes in US customs policy, which destabilized global flows of the cargo in question,” says our manager.
Despite the challenges in the second half of the year, we implemented our investment plan in full and allocated almost €3 million to the purchase of cargo handling equipment, environmental projects, and terminal infrastructure improvement projects.
“The best results are achieved with those who understand the processes, responsibilities, and the long distance. I would like to thank the team and our partners – it is a partnership that creates value even in a changing market,” summarizes J. Kiršis.
