Farming
Farming covers the cultivation of cereals, oilseed rape, sugar beet, and other crops, the 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 19.2 thousand hectares of land, from which 5,943 ha area is owned. We have over 3,200 dairy cows, and milk yields increase every year.
Our dairy farms every year get awards for efficiency: agricultural company Sidabravo ŽŪB was the most efficient milk producer in Lithuania in 2022, and Šakiai District Lukšių ŽŪB ranked 2nd.
| Performance indicators | 2017/18 | 2018/19 | 2019/20 | 2020/21 | 2021/2022 |
| Sales in tons | 122,699 | 102,548 | 116,039 | 141,466 | 127,066 |
| Sales revenue, thousand EUR | 31,011 | 26,238 | 28,313 | 33,402 | 39,133 |
| Gross profit, thousand EUR | 6,194 | 3,109 | 5,752 | 9,047 | 14,739 |
| Operating profit, thousand EUR | 3,146 | 3,230 | 6,358 | 11,433 | 15,078 |
Note: Financial year starts on July 1st and ends June 30.
