December 13, 2017 9:43 PM ET

Building Products

Company Overview of AB Dvarcioniu Keramika

Company Overview

AB Dvarcioniu keramika engages in the production, wholesale, and retail of ceramic and porcelain stoneware tiles in the Baltic countries. It offers wall and floor tiles; porcelain stoneware tiles; clay powder for building fireplaces; facade tiles; tile adhesives and grouts; instruments and other tools for tile laying; sanitary fixtures and combination faucets; and other accessories for WCs, bathrooms, and kitchens. The company also sells material for tiles pasting. It sells its products through construction material trade centers; and own-brand retail shops in Vilnius and Klaipeda. The company was founded in 1888 and is headquartered in Vilnius, Lithuania. AB Dvarcioniu keramika is a subsidi...

Keramiku Street 2

Vilnius,  10233

Lithuania

Founded in 1888

29 Employees

Phone:

370 5 2317021

Fax:

370 5 2317061

Key Executives for AB Dvarcioniu Keramika

General Director, General Manager, Human Resources & Administration Director and Board Member
Chief Accountant
Sales & Marketing Director and Board Member
Compensation as of Fiscal Year 2017.

AB Dvarcioniu Keramika Key Developments

Nasdaq Vilnius To Remove Dvarcioniu Keramika Shares From Secondary Trading List

Nasdaq Vilnius decided to remove shares of AB Dvarcioniu keramika from the Secondary Trading List on 01-10-2016. These financial instruments will be removed from the Secondary Trading List following the provisions of item 19.1.4 of the Nasdaq Vilnius listing rules (The court initiated bankruptcy). The Lithuanian Court of Appeal has announced on 26th of September that Regional Vilnius Court’s decision dated 27th July 2016 remains in force regarding initiation of bankruptcy proceedings for AB Dvarcioniu keramika.

AB Dvarcioniu Keramika Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

AB Dvarcioniu Keramika reported unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter the company reported sales income of LTL 28,000 against LTL 32,000 a year ago. Operating loss was LTL 241,000 against LTL 301,000 for the same period a year ago. Loss before tax was LTL 146,000 against LTL 276,000 a year ago. Net loss was LTL 146,000 against LTL 276,000 a year ago. For the six months, the company reported sales income of LTL 51,000 against LTL 73,000 a year ago. Operating loss was LTL 491,000 against LTL 638,000 for the same period a year ago. Loss before tax was LTL 363,000 against LTL 296,000 a year ago. Net loss was LTL 363,000 against LTL 296,000 a year ago. Net cash from operating activities was LTL 1,076,000 against LTL 58,000 a year ago.

Nasdaq Vilnius To Suspend Trading In Dvarcioniu keramika AB Shares

Nasdaq Vilnius decided to suspend trading in Dvarcioniu keramika AB shares from August 08, 2016 (inclusive). The trading will be suspended following the provision of item 16.3 of the Nasdaq Vilnius listing rules (The court initiated bankruptcy). By the decision of Regional Court of Vilnius dated 27th July 2016 the bankruptcy proceedings of Dvarcioniu keramika AB were initiated. The decision comes into force 10 days after its adoption.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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