History

VK Tranzīts Ltd. was founded in November 2003, and initially the main economic activities of the company were the forwarding and handling of ammonia and light oil products.

Today VK Tranzīts Ltd. is a holding company, which unites several of the largest companies of the Freeport of Ventspils: biodiesel, rapeseed oil and rapeseed cake producer Bio-Venta Ltd., VK Terminal Services Ltd., which provides the handling of  light oil products and other chemical products, VK Ekspedīcija Ltd., which provides railway freight forwarding and agency services.

The holding has unique technological equipment and an experienced team of specialists; more than 390 employees. The level of technical and technological capabilities and knowledge of employees allows one to ensure a high quality of service and operative service that meets the customer's needs, optimising and adjusting cargo handling processes.

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Bio-Venta Ltd.

Bio-Venta Ltd. was founded in 2004. VK Tranzīts Ltd. started investing in the capital of the company in May 2005 as a minority shareholder. The construction of the biodiesel plant was started in 2006 and was successfully completed in 2008, when the plant was commissioned and biodiesel production began. Bio-Venta Ltd. is the largest biodiesel production complex in the Baltic states, with a maximum capacity of 100,000 tonnes of biodiesel per annum. The plant also produces rapeseed oil - up to 35,000 t/year, feed rapeseed cakes - up to 65,000 t/year, pharmaceutical grade glycerine - up to 9,000 t/year and mineral fertilisers (potassium sulphate) - up to 1,600 t/year.

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VK Ekspedīcija Ltd.

In 2005, a decision was made to change the economic activity of  VK Tranzīts Ltd. to the holding and in October of the same year a subsidiary VK Ekspedīcija Ltd. was established, which continued with forwarding light oil products and now the cargo required for biodiesel production, cargo transhipment and wholesale of methanol.

VK Terminal Services Ltd.

In November 2007, VK Tranzīts Ltd. invested in the capital of VK Terminal Services Ltd. (former name Ventamonjaks serviss Ltd.), which provides a wide range of services to several port terminals: unloading of petroleum and chemical products as well as biodiesel and raw materials required for its production and their storage in shore tanks, assembly and loading of cargo batches in tankers and railway tanks. The company has its own energy supply, repair mechanics, fire and rescue, environmental and labour protection as well as laboratory services.

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