Cemex fails to annul sale of 14% shares in Akmenes
Cemex has failed to obtain a court order invalidating deals on the sale of a stake in Lithuania’s sole cement producer, Akmenes Cementas, through which Lithuanian three families...
Lithuania
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Akmenes profit falls by a third, Lithuania
Akmenes Cementas, Lithuania’s only cement manufacturer, last year saw its audited net profit fall by 36.3 per cent to LTL11.676m (EUR 3.38m), from LTL18.329m in 2012.
Akmenes sees improved sales, Lithuania
Akmenes Cement’s sales for the nine months to the end of September 2013 rose by 5.2 per cent to 826,700t. Revenue was LTL194.076m (EUR56m) for the first three quarter of 2013. C...
Akmenes modernisation project nears completion, Lithuania
Akmenes Cementas, Lithuania's sole cement producer, is due to bring its new dry-process kiln line into operation shortly. “Representatives of equipment suppliers are visiting th...
Sale of Akmenes Cementas shares blocked by anti-trust regulator
Lithuania’s Competition Council has blocked the sale of a 51 per cent stake in Akmenes Cementas to Concretus Materials, part of the Betoneta Group.
Akmenes Cementas reports encouraging start to 2013, Lithuania
Lithuania’s sole cement producer Akmenes Cementas reported a 13 per cent rise in revenues for the first two months of 2013 to LTL15.2m (EUR4.4m) Sales volumes rose by 16 per cen...
Concretus Materials to buy majority stake in Akmenes Cementas, Lithuania
Concretus Materials is to acquire a 51 per cent stake in Lithuania’s sole cement producer Akmenes Cementas.
Exports drive Akmenes’ growth, Lithuania
Lithuania’s sole cement producer Akmenes Cementas is operating at almost full capacity as it benefits from its strategy to increase exports, business daily Verslo Zinios reporte...
Ship faces detention in Ireland over claims of unpaid wages
A ship carrying cement was facing detention in Drogheda on the east coast of Ireland last night due to an almost €80,000 in alleged unpaid crew wages, according to reports in th...
HeidelbergCement opens new Lithuanian terminal
HeidelbergCement has opened a new cement terminal in Klaipeda, city in Lithuania situated at the mouth of the Dane River where it flows into the Baltic Sea, according to local p...