Power exports by Lithuania's national power producer Lietuvos Energija (Lithuanian Energy) rose 10.3 per cent on the year to 7.5bn kWh in 2003
Published:
10 February 2004 y., Tuesday
Power exports by Lithuania's national power producer Lietuvos Energija (Lithuanian Energy) rose 10.3 per cent on the year to 7.5bn kWh in 2003, Rimantas Juozaitis, the company's director told on Tuesday.
The company expects its net profit to stand at 90m litas ($33m) in 2003, Juozaitis said without providing comparisons. Last year, the company's main export markets were Belarus, which bought 4bn kWh of electric power, Russia's Kaliningrad Region, which bought 2.43bn kWh, Latvia, which bought 553m kWh, and Poland with 489.1m kWh.
The company plans to shut down power unit one at the Ignalina nuclear power plant, the only (nuclear plant) in Lithuania, and thus expects its power exports to decrease 1.9 per cent this year.
Lietuvos Energija's authorized capital stands at 689.5m litas. The government holds the controlling stake.
Šaltinis:
pepei.pennnet.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics.
more »
The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs.
more »
Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion.
more »
On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management.
more »
If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund.
more »
Euro report says currency provided protection from interest and exchange rate turbulence.
more »
Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent.
more »
The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe.
more »
The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months.
more »