Baltika Group strategy and restructuring target has been to reduce expense and
make them more correspondent to the business model. Rent agreement for current
warehouse will end 30 June 2021. As a result of long comparison of service
providers AS Baltika signed on 13(th) April warehouse service agreement with
Logistika Pluss OÜ. The last important step from restructuring plan will hence
be done from 1st July 2021 - Baltika will start using service that is efective
and corresponding to volumes and achieve significant cost savings.
Flavio Perini
Chairman of the Management Board, CEO
Flavio.perini@baltikagroup.com (mailto:Flavio.perini@baltikagroup.com)
|