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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 executives of Lithuanian fertilizer producers – the Jonava-based nitrogen fertilizer producer Achema and the Kedainiai-based phosphorus fertilizer producer Lifosa – have welcomed Ukraine's decision to drop an investigation into the fertilizer market and hope fertilizer exports to Ukraine to reco...
The Jonava-based fertilizer producer Achema's business prospects were not taken into account when the Klaipeda-based LNG terminal's maintenance model was changed, an adviser to the Lithuanian president says.
Achema's nitrogen fertilizer plant in Jonava, in central Lithuania, was forced into an emergency shutdown due to a power outage on Monday, releasing larger-than-usual amounts of pollutants into the air, the Environment Ministry said on Wednesday.
The EU General Court on Thursday rejected an appeal by Achema, a Lithuanian fertilizer producer which is part of the Achema business group, over state aid for the Klaipeda-based LNG terminal.
Lithuania's fertilizer manufacturer Achema, the country's single largest gas consumer importing around half of all LNG in the country, has ordered another three large LNG shipments, according to the information available to BNS Lithuania.
The Klaipėda liquefied natural gas floating storage and regasification unit (FSRU) terminal should be bought out by the end of 2024, members of Seimas voted today.
Lithuanian Prime Minister Saulius Skvernelis is confident that the country's special services will not interfere with "economic processes" at Orlen Lietuva, Achema and Telia Lietuva after these services have been allowed to vet large deals by the three privately-owned companies.
Lithuania's fertilizer manufacturer Achema criticizes a law opening the way for authorities to vet large deals by it and two more large privately-owned companies.
Lithuanian President Dalia Grybauskaitė has signed into law a bill that opens the way for authorities to vet large deals by three privately-owned companies -- Orlen Lietuva, Achema and Telia Lietuva -- and to block deals that are deemed a threat to national security.
A special government commission in Lithuania will be able to vet state-owned and privately-owned strategic enterprises' deals exceeding 10 percent of their annual revenue.
Darius Jauniškis, the director of the Lithuanian State Security Department (VSD), says that intelligence agencies are increasingly open to communication with the public as they cannot remain invisible services in this information age.
The price of liquefied natural gas (LNG) imported by Lithuania could decline, if the United States and the European Union (EU) sign a free trade agreement and supplies of American LNG is ensured, says Lithuania's Parliamentary Speaker Viktoras Pranckietis.
Before switching on the dictophone, Gintas Jasiulionis, elder of Rukla, a town in central Lithuania that is hosting the NATO enhanced Forward Presence battalion, asks BNS journalists to produce their press cards – he explains he wants to make sure he is not targeted by the Russian propaganda.
