Achemas Group’s income grew twice last year, while profit decreased by 11 percent. | Business

The group’s results were most affected by the high natural gas prices that remained throughout the year last year, which determined the performance of the largest company of the concern, the Jonava nitrogen fertilizer factory “Achema”.

Due to higher gas prices, increased fertilizer prices reduced demand, and the company produced minimal production at the end of the year.

At that time, the results of the cargo companies in the port of Klaipėda were determined by 21 percent. fallen port cargo volumes.

Last year, “Achemos grupė” invested 33.6 million in the development and support of operations. euros: most of them are allocated to the modernization of equipment of fertilizer companies, development projects of agribusiness and loading companies. During that time, energy companies continued to invest in renewable energy and advanced technologies.

Last year, “Achemos grupė” paid more than 244 million to the state budget. EUR, as well as 19.6 million transferred euros for the maintenance of the liquefied natural gas (LNG) terminal, public interest services (VIAP) and emission allowances (ATL).

“Achemos group” unites about 40 fertilizer production, agribusiness, loading, logistics, energy and trade companies in Lithuania, Latvia, Estonia, Poland, Germany, France, Belgium, Sweden, Czech Republic and Croatia.