Another good year for INTRAC
The good development for the INTRAC Group continued also during 2022. Three out of four business lines were growing and the minor decrease in sales of construction equipment was offset by good growth in sales of forestry equipment, agricultural machinery as well as to the heavy lifting sector.
The investment company United Partners Investment (UPI) will acquire all shares of the INTRAC group of companies. The new owner of the INTRAC Group is an independent investment banking firm with focus on the Baltic countries. The core business lines are corporate finance advisory services, direct...
Good growth for INTRAC
Year 2021 proved to be a rather good year for INTRAC in the Baltic states. Total revenues grew by 35% compared to 2020 and reached EUR 83 million (EUR 62 million). In machine sales three of the business lines showed a considerable positive development where construction equipment sales of...
Closing books after a year of struggle
Like in most parts of the world 2020 proved also in the Baltic's to be a rather challenging year. During periods the whole Baltic area was on lock-down creating obstacles to even keep many businesses running. At INTRAC all guidelines from authorities have been imposed as soon as requested and the...
Another strong year for the INTRAC companies
The INTRAC Group closed books with total sales of close to EUR 75 million which means an increase in revenues of 11%. Three of four business lines where more or less flat while sales of forestry equipment showed a very strong growth. Also sales of service work showed a strong growth by 11% compared...
INTRAC starts co-operation with DOOSAN
Intrac develops in construction machinery together with Doosan
INTRAC opens new service center in Vilnius
In middle of October INTRAC Lietuva moved to new customer service centre at Usos Street 2 in Vilnius. Equipped with a range of state-of-the art equipment, the facility includes workshop, repair centre, machine washing area, spares storage and offices. The new Vilnius office is the newest of...
First delivery of six MAFI Terminal Tractors to Klaipeda
INTRAC completes delivery of first six MAFI Terminal Tractors to Klaipeda Container Terminal.
Continued growt for the INTRAC companies
INTRAC Group achieved a growth of 12% for 2018. All product groups reported increased sales while some producers have faced problems to keep up with the demand from the different markets. Sales of forest machines accounted for the biggest parts of revenues although the machine sales for all major...
INTRAC takes over distribution for Hardi International
INTRAC Group increases the agricultural equipment offering in Estonia and Latvia with a new agreement for complete sprayer program from Hardi International and thereby further strengthens the program for farmers in the region.