Farming
Farming covers the cultivation of cereals, oilseed rape, sugar beet and other crops, production of milk, and beef cattle farming. We have seven agricultural companies, situated on fertile land across Lithuania – Panevėžys District Aukštadvario ŽŪB, Panevėžys District Žibartonių ŽŪB, Kėdainiai District Labūnavos ŽŪB, Kėdainiai District ŽŪB Nemunas, Šakiai District Lukšių ŽŪB, Biržai District Medeikių ŽŪB and Sidabravo ŽŪB. Their consolidated revenue was EUR 21 million in H1 of FY 2021/2022.
Our agricultural companies are cultivating over 18.2 thousand hectares of land, from which 5,923 ha area is own. We have over 3,200 dairy cows, and milk yields increase every year.
Agricultural company Šakiai District Lukšių ŽŪB has been the most efficient milk producer in Lithuania for a number of years, and Sidabravo ŽŪB is ranked 2nd (2021 data).
Agricultural companies produced and sold 61 thousand tons of agricultural commodities and over 16 thousand tons of raw milk in H1 of FY 2021/22, meat sales totaled 652 tons of live weight.
| Performance indicators | 2016/17 | 2017/18 | 2018/19 | 2019/20 | 2020/21 | 2021/22 H1 |
| Sales in tons | 107,875 | 122,699 | 102,548 | 116,039 | 141,466 | 78 472 |
| Sales revenue, thousand EUR | 26,815 | 31,011 | 26,238 | 28,313 | 33,402 | 20 860 |
| Gross profit, thousand EUR | 6,450 | 6,194 | 3,109 | 5,752 | 9,047 | (459) |
| Operating profit, thousand EUR | 3,329 | 3,146 | 3,230 | 6,358 | 11,433 | (923) |
Note: Financial year starts on July 1st and ends June 30.
