photo: LTG Cargo / Public domain/Laimonas Nekrošius
Laimonas Nekrošius, who has led sales and development for LTG Cargo for over two years, will take the helm of LTG Cargo’s Polish subsidiary, LTG Cargo Polska, starting October 1. He replaces Mindaugas Skunčikas, who had been serving as interim CEO while also overseeing LTG Cargo’s intermodal and international business development and serving on the board of LTG Cargo Polska.
LTG Cargo Polska was established in 2020 as part of the company's strategic expansion into Western markets. Over the past four years, the company has grown into a significant player in a highly competitive market with over 20 rail carriers. The new CEO is expected to continue this growth and contribute to LTG Cargo’s diversification efforts by developing new routes and expanding the range of services to better meet customer needs. "Laimonas’ experience in sales, operational expertise, and focus on efficiency will be a solid foundation for achieving these ambitious goals," said LTG Cargo CEO Eglė Šimė.
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"LTG Cargo Polska has now reached a stage where it's time to implement innovative processes, and IT systems, and build a reliable partner and customer base to ensure the company's continued success. My main objective is to apply the best practices and experience I’ve gained to drive LTG Cargo Group's ambitious expansion into Western markets. This is yet another career challenge that allows me to prove my worth, continue to grow, and learn," said Laimonas Nekrošius, who started his career with the railway company five years ago as Head of Compliance and Efficiency.
LTG Cargo Polska specializes in rail freight and forwarding services in Poland, offering trailer and container transportation. In 2023, the company expanded its international routes and began domestic operations in Poland, resulting in a threefold increase in the number of trains, from 583 in 2022 to 1,715 freight trains. The company now holds a 5.08% share of the intermodal transportation market in Poland.
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LTG Cargo Polska currently employs around 130 people and manages a fleet of over 500 wagons designed for the European gauge and 32 locomotives, including highly modern Siemens locomotives that enable efficient freight transportation on international routes.
LTG Cargo, a member of the LTG Group, provides freight transport, logistics, forwarding, loading, locomotive and wagon repair, and wagon rental services in Lithuania and abroad. LTG Cargo has subsidiaries in Poland (LTG Cargo Polska) and Ukraine (LTG Cargo Ukraine). As part of its commitment to greener rail freight transport, LTG Cargo has assembled a team of 1,800 logistics professionals. In 2023, the company transported 27.2 million tons of cargo, with revenues reaching approximately €286 million and net profits of €17.5 million.
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LTG Cargo, a freight transport company under the LTG Group, is set to make its rail transport operations even more environmentally friendly.
Source: LTG Cargo Press Releases