The company Uosintas, UAB, established in 2013, provides such services as terrain leveling, excavation of ponds, and other land preparation works.
As the intensity of work and the volume of orders increase, the company's technical fleet is not sufficient enough to provide all the services. Now Uosintas, UAB has two excavators of different sizes, a bulldozer, and a tractor, and is borrowing to purchase another excavator. The loan will be secured by the purchased equipment.
Although the company has suffered losses in recent years due to a decreased number of orders from small customers during the pandemic, 2021 is extremely successful for the company - by receiving a large order to build a quarry, the company earned more revenue than usual. The head of the company claims that this large customer is planning to cooperate with Uosintas, UAB in the future, as the quality of services provided met the customer's requirements. In general, the company plans to focus more on the execution of larger orders, as this brings more revenue - with additional equipment, it will be easier to carry out larger projects.
Equipment seller: Batra, UAB