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Mitnija set for 20 pct revenue growth

Anna Pakulniewicz 01 September 2017

Anna Pakulniewicz


+48 22 356 25 07

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

Mitnija set for 20 pct revenue growth
Julius Gendvilis, the general director of Mitnija
LITHUANIA One of Lithuania’s largest construction companies has forecast that its revenue this year will grow by 20 pct up to EUR 83 mln.
In H1 2017, the company’s revenue came to EUR 33.9 mln, which is 24 pct more than in H1 2016. On August 1st, the company’s order portfolio contained projects worth EUR 150 mln, 90 pct of which were private orders and 10 pct public.

“I’m glad that our strategy has proved viable. We are working for the biggest real estate developers in the country: Akropolis, Maxima LT, Aibė, Apranga, Technopolis Lietuva, M.M.M. Projektai, Eternit Baltic, and so on. We are also a trusted partner of such clients as Nato and the US military, for whom we are modernising the air force bases in Lithuania and Latvia, respectively in Šiauliai and Lielvārde,” comments Julius Gendvilis, the general director of Mitnija.

The company, which is involved in commercial, residential, industrial and infrastructural projects, employs more than 350 people.

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