Akmenes Cementas' 29% sales rise

Lithuanian cement manufacturer Akmenes Cementas has reported revenues of €24.8 million in the first half of 2011, up 29% from the same period of 2010. Arturas Zaremba, CEO of Akmenes Cementas, said the company's exports increased by nearly 50% over a year in the first half of 2011. Akmenes Cementas produced a total of 385,000tonnes of cement in the six-month period, up 5% from the first half of 2010. Cement sales in Lithuania accounted for 208,000tonnes (53%); in Russia's Kaliningrad for 76,000tonnes (19%);
Quarry Products / March 27, 2012

Lithuanian cement manufacturer 4414 Akmenes Cementas has reported revenues of €24.8 million in the first half of 2011, up 29% from the same period of 2010.

Arturas Zaremba, CEO of Akmenes Cementas, said the company's exports increased by nearly 50% over a year in the first half of 2011. Akmenes Cementas produced a total of 385,000tonnes of cement in the six-month period, up 5% from the first half of 2010.

Cement sales in Lithuania accounted for 208,000tonnes (53%); in Russia's Kaliningrad for 76,000tonnes (19%); in Belarus to 23,000tonnes (6%), and in 3654 European Union states to 88,000tonnes (22%) of the company's overall output.

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Akmenes Cementas
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