Director of “Veikms statybos”: competition continues to intensify

Director of “Veikms statybos”: competition continues to intensify
Director of “Veikms statybos”: competition continues to intensify
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Published: 05/08/2024 05:45

Mantas Bagdonaviius, Veikms construction director. photo of Vladimir Ivanovs (V).

Vilniaus UAB Veikms statyba turned into a loss last year, and increased turnover by 17%. Mantas Bagdonaviius, the director of mons, V says that he still sees risks and does not hide that he predicts lower income this year. One approach is to reduce the number of orders, for which you have to compete seriously.

Veikms construction received 67.7 million last year. EUR income, when in 2022 57.8 million Eur. The selling price was 61.6 million. EUR, or 7.4% higher than last year, reaching 57.4 million. Eur. month rose to almost 4 million EUR net loss and earned 1.3 last year…

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Topic Construction and Real Estate

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The article is in Lithuanian

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