In a significant development for Lithuania’s cold chain logistics sector, UAB “ICECO Assets” has completed the construction of an 8 million euro refrigerated logistics center in Marijampolė, located near the Polish border. The facility, which spans over 4,000 square meters, is designed to strengthen the company’s supply chain capabilities and enable the provision of sub-zero temperature storage services for food industry clients.
The project, developed under the ICECO Holding group controlled by Valdemaras Šalauskas, marks a strategic shift for the company, which previously relied on external partners for cold storage of its products. With the modern center, ICECO Assets aims to centralize operations and improve the management of product flows, particularly for its well-known brands such as “Zigmas,” “Junga,” and the ice cream label “Aurum.”
The logistics center features more than 6,700 pallet spaces and is equipped with automated management systems that allow for efficient monitoring of temperature regimes, optimization of storage processes, and increased operational efficiency. The facility is specifically adapted for storing food products at sub-zero temperatures, addressing a growing demand for reliable cold storage in the region.
According to Paulius Genevičius, Logistics Manager at ICECO Assets, the project represents both a strategic necessity and an opportunity to expand service offerings. “This project is not only a significant strategic step toward owning our own refrigerated warehouse, which will ensure stable company growth and open new market opportunities, but similarly an additional possibility to offer high-quality storage services to external clients,” he stated in a press release accompanying the facility’s completion.
The location of the center in Marijampolė’s vicinity to the Via Baltica corridor and its proximity to rail infrastructure enhances its strategic value for international transport. The site is positioned to benefit from improved freight connectivity, particularly following the completion of Rail Baltica segments, which aim to enable seamless cargo movement between Scandinavia, Eastern, and Western Europe.
The development aligns with broader economic initiatives in the Marijampolė region, including the expansion of the city’s Special Economic Zone (LEZ), which has attracted several investment projects aimed at boosting industrial activity and employment. Recent reports indicate that the LEZ is undergoing infrastructure upgrades to accommodate new tenants, with plans for multi-million euro investments in food processing and other manufacturing sectors.
ICECO Holding’s involvement in the region extends beyond logistics, as the group has also announced plans to construct a new automated fish processing plant in Marijampolė. The proposed facility, expected to increase the processing capacity of its subsidiary “Iceco žuvis” fourfold to 18,700 tons per year, will be situated on a 6.37-hectare site and include a production building and smokehouse. The project underscores the group’s strategy to vertically integrate its operations from processing to storage and distribution.
The completion of the refrigerated logistics center comes at a time when demand for temperature-controlled storage is rising across the Baltics, driven by growth in food exports and increasing regulatory requirements for food safety. By investing in modern, automated infrastructure, ICECO Assets positions itself to meet both domestic and international client needs while supporting the resilience of Lithuania’s food supply chain.
As of now, no further public announcements have been made regarding additional expansion phases at the Marijampolė logistics site. Stakeholders seeking updates on ICECO Holding’s operations or regional investment developments are advised to consult official company communications or notifications from the Marijampolė municipal authorities and the Lithuanian Ministry of Economy and Innovation.
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