Lithuania: majority owner bids to buy out Klaipeda stevedoring company from Belaruskali

Businessman Igor Udovickij, the top shareholder of Biriu Kroviniu Terminalas (Bulk Cargo Terminal, or BKT), a Klaipeda port company that used to handle Belarusian fertilisers, has applied for regulatory clearance to buy 30% of BKT’s shares from the sanction-hit Belarusian fertiliser producer Belaruskali. “Concentration is being implemented by Igor Udovickij by purchasing 30% of shares…