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Jun 19, 203 (newstodate): ACE Logistics, part of Estonia's ACE Group, is investing heavily in new facilities in Latvia and Lithuania.
In Latvia, ACE Logistics is currently amid construction of a new terminal, slated for opening already by the end of this year.
Close to Riga Airport, the new facilities will cover a total of 6,100 m2 including a 2,500 m2 terminal and a 3,600 m2 warehouse.
In addition, the coming new facilities will also comprise some 570 m2 office space.
In Lithuania, ACE Logistics is now planning for a new 4,000 m2 cross-dock type terminal for ACE Lithuania at Kaunas, with construction works to start later this year and slated for completion in 2024, adding capacity to its existing facility at Vilnius.
Aiming primarily at handling of international cargo via Kaunas Airport, the new facility will be designed for fast handling of cargo shipments, but no intended for storage.
In business since 1992 and managed since 1997 by Andres Matkur as CEO, the ACE Logistics Group AS also set up a subsidiary in Ukraine, starting business from April 1, 2020 - and ACE Logistics also operated a subsidiary in Belarus.