Ust-Luga OJSC plans to open a universal handling complex with 1.8 mil tons capacity in Ust- Luga Port on June 8, 2007, said in the company's announcement.
Ust Luga Company is a consumer of Ust Luga Port building which is assumed to become the deepest port in the Baltic and capable to process the dry cargo ships with 75th ton in capacity. The 2007-net profit is assumed to be down 20.2% to come to $4.98mln against prior year when the figures were fixed to reach $6.242mln. RZHD bought back 8.5% of Ust Luga share capital for 184.52mln rub.
Ust Luga Company is a consumer of Ust Luga Port building which is assumed to become the deepest port in the Baltic and capable to process the dry cargo ships with 75th ton in capacity. The 2007-net profit is assumed to be down 20.2% to come to $4.98mln against prior year when the figures were fixed to reach $6.242mln. RZHD bought back 8.5% of Ust Luga share capital for 184.52mln rub.