News

2011-09-01 German Tönsmeier exits, sells waste firms to Avestis

After more than 10 years of cultivating the Lithuanian waste disposal market, German Tönsmeier has decided to exit the Baltic region to focus on the much bigger Polish market. In August, the firm completed the sale of its four subsidiaries (Svarus miestas, Dzutra, Svaros diena and Paslaugos sakieciams) that operate in Vilnius, Kaunas, Klaipeda and a few smaller towns, and jointly turned over LTL 29m in 2010. The buyer is Lithuanian Avestis, a private equity firm.

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2011-08-05 UAB „Ekonovus“ completed acquisition of UAB „Đvaros diena“, UAB „Dzűtra“, UAB „Đvarus miestas“ and UAB „Paslaugos đakiečiams“

UAB „Ekonovus“ established by investment company „Avestis“ has accomplished acquisition of four Lithuanian waste management companies UAB „Đvaros diena“, UAB „Dzűtra“, UAB „Đvarus miestas“ and UAB „Paslaugos đakiečiams“ which were previously owned by German company „Toensmeier“. The total turnover of the purchased companies amounted to LTL 28.6 million in 2010.

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2011-06-13 It’s quite in Belarus - no competitors, but there is waste to be managed

When Belarus experiences the currency crisis, many companies operating there are going through hard times. However, a packaging and production waste management company "Eko Group” which entered into Belorussian market last year, still does not feel any difficulties and promises to continue the development in the neighborhood.

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2011-06-06 „Avestis“ was awarded for the creative investments

“Avestis” was presented with a price “Business Salt" at the event “Business Gourmands 2011", where the country's business leaders were awarded for the bravest and most original business ideas.

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2010-07-21 Last year, “Điauliai plento grupë’s” turnover amounted to 293.8 million LTL

In 2009, the consolidated turnover of the companies owned by “Điauliai plento grupë” amounted to 293.8 million. LTL which is 32 % less compared with 2008, when it reached 387.6 million. LTL.

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News archive (32)

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