Western Refonda shall utilize Lisco Gloria

Western Refonda shall utilize Lisco Gloria

Western Shipyard (WSY) daughter company Western Refonda having won the tender for the burned Ro-Ro passenger ferry from the Danish shipping group DFDS, shall cut her up into scrap metal within six months. Yesterday, February 22, ferry Lisco Gloria has been towed from Odense, Denmark to the port of Klaipeda and moored within the waterways of Western Shipyard at wharf No 135.
"In particular, an expert, detailed inspection of the ship, and assessment of the condition of the surviving plants shall be carried out, and only then we shall decide concerning the sequence of work. The principle decision has already been taken - the dismantled operating equipment shall be sold, waste shall be utilized, and we shall cut the hull into scrap metal" - said the company Western Refonda director Laurynas Trilikauskas.

Western Refonda shall also include other WSY daughter companies - Western Stevedoring, Western Fleet, Western Technical Service and other outside companies for the realization of the project after the acquisition of the burned ship. Cutting the 200 m length ship into scrap shall take about six months.
Western Shipyard (WSY) daughter company Western Refonda was established in 2001. Since 2006 company activities have been suspended by the company shareholders' decision. Today, the management again is looking for a market niche and is positive towards the future. Company business strategy provides for the establishment in the domestic market, and after the realization of ambitious projects, to win the name of one of the most reliable scrap metal companies in Lithuania.
Western Refonda provides scrap metal purchase, processing and sales services. Cutting "Lisco Gloria" into metal scrap is the largest project in the history of Western Refonda. The Estonian capital company also operates in Latvia and Estonia. Western Refonda is the only company utilizing ships in Estonia. During the last half year the company has cut into scrap metal eight vessels with the total tonnage of 8,000 tons. Thanks to strong investment, the unique geographical location, and Western Shipyard company Group's created surplus value, Western Refonda shall provide high quality competitive services.

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Western Shipyard company group consists of 23 companies with different specialization. The Estonian Concern BLRT GROUP is the holder of the controlling 95,78 percent interest of Western Shipyard shares. About 1850 people are employed at WSY.