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AR-25/22

LUKA KOPER, d.d., Koper

Annual report 2021

On the basis of the Rules of Ljubljana Stock Exchange, the Financial Instruments Market Act RS and the financial calendar of the company, Luka Koper d.d. publishes the Annual report 2021 which was adopted by the supervisory board on its session on 22 April 2022.

New development cycle of the container segment

At today's meeting, the supervisory board also discussed and adopted several important resolutions related to the increase of handling and storing port facilities. These are mostly investments focused at the container terminal and they represent a new development cycle of this strategic commodity segment. At today's meeting, the supervisory board approved a study of the project, which envisages 248 million euros of investments by 2030 in increasing the capacity of the container terminal to 1.75 million TEU / year. These investments include additional quays and stacking areas on the northern part of Pier I, purchase of additional shore cranes, extension of terminal’s rail yard, expansion of the terminal’s storage areas in the hinterland and the purchase of various handling equipment. According to global logistic trends, the containerisation trend continues – this is evidenced by the past growth of containers in Koper and by the assessment of the market potential of our hinterland markets. The capacity increase is the answer to the expectations of ship-owners and other port users, and the company will be able to maintain its competitive advantages, which for many years have put the Koper container terminal in first place in the Adriatic. The new development cycle of the container terminal follows the timeline of the construction of the railway line Koper – Divača, which should be operational in 2026.

The supervisory board has on today’s session also confirmed plans to increase port facilities dedicated for handling and storing general cargo. The project envisages the construction of a dedicated warehouse for steel coils in the area of Pier II. The modern warehouse will be equipped with automated cranes, high floor-load capacity and proper IT support. With the project, the company wants to increase the capacity for the projected growth of throughput of steel products and optimize the utilization of storage space and business processes. With the construction of this specialized warehouse, other storage capacities will be freed up, which will be intended for other cargo groups. A photovoltaic system is planned on the roof of the warehouse. This investment will, together with other planned pohotovoltaic systems in the port,  accelerate the energy transition and increase the share of self-sufficiency in renewable energy sources to 23 %. The total value of the investment is 27 million euros, and the construction of the warehouse is expected to be completed in 2024.

The Management Board
Date: 22.04.2022
Attachments:  Annual report 2021