Achema EN

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Achema is the largest fertilizer producer in the Baltic states. It is located in the city of Jonava in central Lithuania. In 2011 Achema employed about 1700 workers and reached 2.2 billion Litas revenues (about 640 million Euros), net profit was 96.3 million Litas (27.9 million Euros). The current managing director is Arūnas Laurinaitis.

the Lithuania Tribune

Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway's Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda.

LT Daily, media brief

Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas trading company Litgas and Norway's Statoil which will cut the wholesale liquefied natural gas price by more than a third and reduce the maintenance costs of the LNG terminal by 23%.

LT Daily, DELFI

Achema, the Lithuanian fertilizer and industrial chemicals producer, has paid €31.34 million in gas taxes that it had previously contested. The company says it will continue the legal battle with the state over the issue.

Lithuanian Prime Minister Algirdas Butkevičius says that he has received personal reassurance from Lyda Lubienė, the main shareholder of the fertilizer manufacturer Achema, that she is not going to sell her shares in the concern which has been eyed by Russian investors.

BNS EN

One worker was hurt in a nitric acid spill at Achema on Monday. The worker, who got splashes of acid on his clothing, was taken to hospital, CEO of the Lithuanian fertilizer plant said adding that the acid spill had been cleaned up and the incident had not affected the facility’s operations.

The richest person in Lithuania is Nerijus Numavičius, the largest shareholder of the Vilniaus Prekyba Group; even after the euro introduction he will remain a billionaire. In the list of top 20 richest people in Lithuania, compiled by IQ Top magazine, Numavičius with LT 4.255 billion (EUR 1.23 bill...