Farming
We have seven agricultural companies, situated on fertile land across Lithuania. Farming covers the cultivation of cereals, oilseed rape, sugar beet, and other crops, the production of milk, and beef cattle farming.
Our agricultural companies are cultivating over 19.2 thousand hectares of land, from which 6,074 ha area is owned. We have over 3,200 dairy cows. Over the financial year 2022/23, we produced over 103 thousand tons of crop production and 37.3 thousand tons of milk.
Our dairy farms win the most efficient dairy farms awards every year: in 2023, the agricultural company of Šakiai District Lukšių ŽŪB was named the most efficient milk producer in Lithuania, and the agricultural company Sidabravo ŽŪB was ranked 3rd.
Performance indicators | 2018/19 | 2019/20 | 2020/21 | 2021/22 | 2022/23 |
Sales in thousand tons | 103 | 116 | 142 | 127 | 143 |
Sales revenue, MEUR | 26 | 28 | 33 | 39 | 50 |
Gross profit, MEUR | 3.1 | 5.8 | 9.0 | 14.7 | 12.3 |
Operating profit, MEUR | 3.2 | 6.4 | 11.4 | 15.1 | 12.5 |
Note: Financial year starts on July 1st and ends June 30.
Operating companies: UAB Akola Farming (management), Panevėžys District Aukštadvario ŽŪB, Panevėžys District Žibartonių ŽŪB, Kėdainiai District Labūnavos ŽŪB, Šakiai District Lukšių ŽŪB, Biržai District Medeikių ŽŪB, Sidabravo ŽŪB, Kėdainiai District ŽŪB Nemunas (farming), UAB Landvesta 1, UAB Landvesta 2, UAB Landvesta 3, UAB Landvesta 4, UAB Landvesta 5, UAB Landvesta 6, UAB Noreikiškės, UAB Užupė, UAB Paberžėlė, UAB Lineliai (land owning companies)