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Amber Grid AB (AMG1L.VL)

AMG1L.VL on Vilnius Stock Exchange

1.28EUR
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Amber Grid FY 2016 net profit grows to 20.9 mln euros
Thursday, 23 Feb 2017 09:19am EST 

Amber Grid AB : FY 2016 turnover at 66.7 million euros ($70.55 million) versus 55.8 million euros year ago . FY 2016 net profit at 20.9 million euros versus 16.0 million euros year ago .FY 2016 EBITDA at 40.7 million euros versus 30.1 million euros year ago.  Full Article

Amber Grid buys 34% stake in UAB GET Baltic
Friday, 23 Dec 2016 09:00am EST 

Amber Grid Ab : Is acquiring from Gasum Oy a 34 pct stake in UAB GET Baltic .Value of transaction amounts 320,569 euros ($334,321).  Full Article

NCC approves Amber Grid National network development plan for 2016-2025
Friday, 30 Sep 2016 02:38am EDT 

Amber Grid AB :National Commission for Energy Control and Prices approved company's natural gas transmission system ten-year network development plan for 2016-2025 at 195 million euros ($218.65 million).  Full Article

Amber Grid updates on GIPL project in Poland; implementation deadline to be extended
Tuesday, 27 Sep 2016 03:02am EDT 

Amber Grid AB : Says government of Republic of Lithuania decided to extend implementation deadline for part of GIPL project in Poland until Dec.31, 2021 .Amber Grid to submit to the innovation and networks executive agency (INEA) amendment requests of the EU grant agreements for the preparatory works and construction works of the GIPL project, respectively.  Full Article

Amber Grid H1 net profit up at EUR 11.5 million
Friday, 26 Aug 2016 02:11am EDT 

Amber Grid AB : Revenue for 1st half of 2016 - 33.9 million euros ($38.32 million) (1st half of 2015 - 27.3 million euros) . Net profit for 1st half of 2016 - 11.5 million euros (1st half of 2015 - 8.4 million euros) .EBITDA for 1st half of 2016 amounted to 21.6 million euros (an increase of 49 pct in comparison with 1st half of 2015 (14.5 million euros).  Full Article

Amber grid AB Q1 net profit up at EUR 8.8 million
Friday, 27 May 2016 09:09am EDT 

Amber Grid AB : Q1 revenue 21.3 million euros ($23.75 million) versus 16.3 million euros year ago .Q1 net profit 8.8 million euros versus 6.1 million euros year ago.  Full Article

Amber Grid elects chairman of the board
Tuesday, 24 May 2016 10:14am EDT 

Amber Grid AB :To elect board member Nemunas Biknius as chairman of board for a four-year period.  Full Article

Amber Grid AB to allocate EU Structural Funds for natural gas transmission infrastructure projects
Tuesday, 1 Mar 2016 06:53am EST 

Amber Grid AB:Says signs 8 agreements with Lithuanian Business Support Agency on projects co-financed from European Union (EU) structural funds​.Projects cover integration of software and technological equipment, modernization of the existing gas transmission system through the integration of smart gas infrastructure elements.Says the projects value is up to 14.6 million euros ($15.88 million).  Full Article

Amber Grid AB, Gazprom sign new 10-year deal for gas transportation to Kaliningrad through Lithuania
Monday, 28 Dec 2015 03:58am EST 

Amber Grid AB:Says signed new long-term agreement with Gazprom on transportation of natural gas to Kaliningrad region through Lithuania for period of 10 years.Says annual revenue from gas transmission services under newly signed agreement will amount to 10 - 11 million euros, comparable to current level.In the agreement the capacities of 10.5 million m3/ day at the System Entry Point for the Belarussian Transmission System and capacities of the same size at the System Exit Point to the Kaliningrad Region are booked.The agreement stipulates that during the course of the period from Jan. 1, 2016 to Dec. 31, 2025 annual transportation of natural gas on "ship or pay" terms shall make up 2.5 billion m3.  Full Article

Amber Grid AB concludes loan agreement with EIB
Monday, 21 Dec 2015 09:53am EST 

Amber Grid AB:Says ‍Amber Grid and European Investment Bank (EIB) concluded an agreement on up to 28 million euro loan​.Loan will be used for financing construction of project capacity enhancement of Klaipeda-Kiemenai pipeline​.  Full Article

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