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LCC Lakin Limited company, founded in year 2010 in the United Kingdom, is the founder of the group of companies Baltic Bearing Company. This group includes the following companies: SIA Baltic Bearing Company-Riga, SIA BBC-R, SIA P&B Terminal.
Lakin Limited owns immovable properties in the territory of the Republic of Latvia. Immovable property objects are distributed according to the specifics of business directions for the development of which they have been acquired.
LCC Lakin Limited leases a land plot in the Freeport of Riga on a long-term basis. On this site, the company is the owner of the buildings housing the terminal and storage facilities. All this lets SIA P&B Terminal develop its business using the privileges of the free port zone.
The territory owned by Lakin Limited houses:
01. SIA Baltic Bearing Company-Riga. Bearing manufacturing plant.
Through efforts of both parties, the plant was commissioned and has been successfully developing since 2015.
02. SIA BBC-R. Trade company selling BBC-R brand products.
03. SIA P&B Terminal. Logistics complex.
Bearing manufacturing plant
SIA Baltic Bearing Company-Riga.
The plant was commissioned and has been operating since 2015. The production volumes are growing and reached 1.308.000 units in 2020.
Logistics complex SIA P&B Terminal
SIA P&B Terminal provides a full range of logistics services (sea, rail, road, transit transportation, storage in the territory of a customs warehouse, customs clearance of freights).
In 2021, the Baltic Bearing Company group became the owner of a land plot of 1.2 hectare in the territory of the new business and innovation park Mezgarciems in Riga Region. The new logistics and warehouse centre of the company will operate here.
The company leases buildings in the territory of SIA Larta-1, Rezekne, Latvia, which also houses equipped warehouses for the products of the Baltic Bearing Company-Riga plant.
Lakin Limited has started supplying metrological equipment to European companies. Currently, starting-up and adjustment works have been completed and new equipment has been fully commissioned at the Baltic Bearing Company-Riga plant.
SIA LARTA requirements specification for life tests of bearings is being coordinated.