Financial Update on UAB Orkela's Progress and Developments
Overview of UAB „Orkela“
UAB „Orkela“ operates as a private limited liability company, officially registered. This company engages primarily in real estate development and construction. With a registered office, it has established a notable presence in its sector.
Located centrally, UAB „Orkela“ has focused on developing a significant land plot along with a building complex. This venture includes plans for an educational lyceum and a hotel, both of which are strategically placed next to historic sites with cultural significance.
Key Developments in 2025
In the second quarter of 2025, UAB „Orkela“ celebrated several important milestones in its project timeline. For instance, the company's historical complex was successfully registered as fully complete in April. This marked a vital achievement, showcasing the successful realization of architectural and construction targets.
Operational Launches
April saw the Public Institution Modern School Center starting operations within the completed complex, indicating the facility’s immediate utility for community educational needs. Following this, in June, the complex welcomed new tenants, including Reitan Convenience Lietuva and TNS Kantar, enhancing its commercial footprint.
Financial Overview
During the first half of 2025, UAB „Orkela“ faced significant financial engagements, incurring costs of EUR 617.3 thousand tied to project advancements. In addition, the financing costs reached EUR 1.9 million. Conversely, the company reported generated revenue of EUR 163 thousand, reflecting its evolving market presence.
Asset Growth
As of June 30, 2025, UAB „Orkela“ reported assets valued at EUR 70,169 thousand, a substantial increase from EUR 50,695 thousand at the end of the previous fiscal year. This growth signals a strong trajectory for the company's future operations and financial sustainability. Furthermore, the Loan to Cost ratio stood at a healthy 49.46% during this period.
Leadership Insight
The company is under the guidance of Anastasija Pocien?, who actively leads its strategic initiatives. Her leadership has been pivotal in not only reaching completion milestones but also in ensuring the company remains on a path towards sustainable growth.
For further inquiries, you can reach Anastasija Pocien? via email.
Frequently Asked Questions
What are the primary activities of UAB „Orkela“?
UAB „Orkela“ mainly focuses on real estate development and construction.
What significant milestones were achieved in the second quarter of 2025?
The completion of the historical complex in April and the operational launch of tenants mark significant milestones.
What was the revenue generated in the first half of 2025?
The company reported revenue of EUR 163 thousand during the first two quarters of 2025.
How have the company's assets changed recently?
The company's assets rose from EUR 50,695 thousand to EUR 70,169 thousand as of June 30, 2025.
Who leads UAB „Orkela“?
Anastasija Pocien? serves as the director and plays a crucial role in overseeing the company's operations and growth strategy.
About The Author
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