Dvarčionių keramika ( Dwarven ceramics ) VSE : DKR1L is one of the largest producers of ceramic tiles in the Baltic States . The company is located in Vilnius .
Dvarčionių keramika | |
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Type of | VSE : DKR1L |
Base | |
Location | Vilnius , Lithuania |
Turnover | 42 million litas |
Site | www.keramika.lt |
Factory Activities
The factory started operations in 1888 as a manufacturer of brick materials, and only in 1974 changed its activities. In 1994, the company was privatized, and in 1997, the listing of securities on the exchange began. New financial flow allowed to equip the modern line Nassetti and expand the range. The number of employees is 455 (1998). The next line is Sacmi , the highest ceramic tile products. quality, opened in 2003.
The company exports products to Finland, Norway, Sweden, Poland, the USA, Ukraine, Russia, the Baltic states, and the countries of Central Asia. Despite the long-term formal loss laid down in the balance sheet, the activity of the company is successful - in 2005 the turnover amounted to 42 million litas . After a change in the composition of shareholders and the establishment of financial schemes, in 2006, the activity for 9 months was declared profitable.
The top management of the post-Soviet generation included:
- Chairman of the Supervisory Board Mindaugas Danilevičius Mindaugas Danilevicius
- Supervisor, Michelle Pulpito, Michelle Pulpito
- board member Hamid Ladjevardi Hamid Ladjevardi
- Supervisory Board Member Lyudmila Suboch Liudmila Suboc
- Supervisory Board member Linas Sasnauskas Linas Sasnauskas
- President of the company, Chairman of the Board of Directors Juozas Raischyalis Juozas Raiselis
- Commercial Director, Member of the Board of Directors Audrius Kalvaytis Audrius Kalvaitis
- Technical Director, Member of the Board of Directors Zhenius Butkus Zenius Butkus
- Finance Director, Member of the Board Geraldas Kudrevicius Geraldas Kudrevicius
- board member Romanas Urniežius Romanas Urniezius
According to the stock exchange, the largest shareholders for 1998 were:
- Dvarcionys AB Dvarcionys AB - 40.16%
- Iberian Ceramics Limited Gibraltar - 13.78%
- Abdulaziz AM Al-Brahim - 5.93%
- Juozas Raischelis Juozas Raiselis President of the company - 13.3%
- Romanas Urniežius Romanas Urniezius member of the board of directors - 1.1%
- Baltic Republics Fund - 8.82%
- Baltic Fund Securities - 6.7%
and formal shareholders:
- Jonas Libertas Jonas Liubertas Member of the Board - 160 acc.
- Lyudmila Suboch - 193 acts.
- Povilas Skuodas Povilas Skuodas Member of the Board - 400 acc.
- Eugenius Pokulivicius Eugenijus Pokulnevicius Member of the Board - 121 acts.
- Raimundas Kurlanskis Raimundas Kurlianskis - 510 ax.
According to the 2005 agreement, dated February 25, between Opoczno SA Opoczno , Poland (president of the company Arthur Klochko Kloczko Artur ) and representatives of Dvarcioniu Keramika: Iberian Ceramics Limited Gibraltar, Juozas Raischyalis Juozas Raiselis , Pan Czeslaw Okinczyc , Baltijos Keiraikaikaikaikaramika , Balties Ceramics, Ltd. Lithuanian representatives have AB Dvarcioniu Keramika shares, 5.968.317 shares with a nominal value of 5 Lt / share.
According to the business portal www.vz.lt, the value of a share in February 2005 was 1.93 Litas / share, and the transaction value was 11.5 million Litas.
As a result, the composition of the largest shareholders in the published report of the company for 2006 1 quarter looks like this:
- Opoczno SA Poland - 60.25%
- Juozas Raiselis Juozas Raischelis - 17.97%.
Geraldas Kudryavicius Geraldas Kudrevicius remains CFO and Board Member.
In September 2006, 50% of the shares of Opoczno SA Poland itself were transferred to the balance of Cersanit SA Poland , which strengthened its influence on the Eastern European and Russian markets with the purchase of 5 Russian ceramic tile manufacturers for EUR 46.6 million in June 2006.
On November 16, 2007, Juozas Raiselis signs a contract with Opoczno SA Poland for the sale of his shares to the Polish side, if authorized by the Lithuanian Competition Council .
In 2007, on November 29, Marek Andrzej Ungier becomes the official president of the company and chairman of the board of directors. The board includes Amadeusz Kowalski , replacing the acting president of Audrius Imbrasas Audrius Imbrasas .
In 2008, at the end of January, the Lithuanian Competition Council allowed Opoczno SA to acquire 79 percent. shares of the enterprise.
The management system of quarries and actual profit / loss AB Dvarcioniu Keramika for Cersanit SA Poland through the prism of 50% Opoczno SA Poland is not very convenient, and therefore talk about the transfer of 60.25% stake in the new shareholder Cersanit SA Poland , whose quotations as a result only increase.