‘Lithuanian Shipping Company’ is saved

Date

2015 07 24

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‘Lithuanian Shipping Company’ is saved
‘Lithuanian Shipping Company’ is saved

“After the agreement to postpone the debts repayment term with the bank was reached, the company is now able to arrange with other creditors and maintain its activity. AB SEB bank will provide an additional EUR 3 million loan, guaranteed by JSC ‘Lithuanian Railways’,’ said Rimantas Sinkevičius, Minister of Transport and Communications of the Republic of Lithuania.


According to the Minister, on Monday the Government will hold a meeting where the plan on payments of ‘Lithuanian Railways’ dividends will be reviewed.