Slovenia: Dredging Brings Benefits to Luka Koper

At its session on 22nd August 2014, the Luka Koper’ s Supervisory Board was acquainted with non-audited report of the Group Luka Koper in the first half of this year and praised the work and efforts of all employees and the Management Board.

The Management Board is very satisfied with achieved results. The net profit is mainly the result of increase of revenues practically in all product groups, and mostly in containers’ throughput. Also general cargoes performed well, where an upturn was recorded in volumes of ferrous materials, livestock and timber. Likewise, investments have been implemented according to the plans, and increased by 158 percent in comparison to the previous year. As announced, this year is particularly marked with investments in infrastructure and equipment. And I should mention the most important one, the dredging of Basin I, which is currently being finalized,” commented on the business results the President of the Management board of Luka Koper, Mr. Dragomir Matić.

In the first half of 2014, the Luka Koper Group handled a total of 9.3 million tonnes of cargo, which is four percent above the first half year 2013 and two percent ahead of plans. First half year operating revenues amounted to almost 80 million euros, which is 4.9 million (six percent) ahead of the plan and 6.8 million (nine percent) more than in the first half of year 2013.

In the first half of 2014, operating expenses of the group remain at last year’s level which is 63.9 million euros. EBIT in the amount of 18.3 million euros was sixty-nine percent ahead of the same period last year. EBITDA, amounting to 31.9 million euros, increased by twenty-nine percent.

Net profit for the first half of 2014 amounted to 14.5 million euros, which is 6.7 million (eighty-six percent) ahead of the equivalent last year period.

Press Release, August 28, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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