Farming
The Group holds ownership of seven agricultural companies strategically positioned in Lithuania’s fertile regions. With a steadfast commitment to responsible farming, our farms continuously surpass national grain yield records and earn accolades for their efficiency annually.
Furthermore, we stand as one of Lithuania’s largest milk producers, with a herd exceeding 3,200 cows across our farms.
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share of revenue in total portfolio, %
Thousand tons of production
Operating revenue (MEUR)
* unaudited information for 2023/2024 financial year
We are striving our farming companies to be sustainable and efficient.
Key Activities
Farming covers the cultivation of cereals, oilseed rape, sugar beet, and other crops, the production of milk, and beef cattle farming.
Key Facts
Cereals and Other Crops Growing
Seven agricultural companies are located in fertile areas of Lithuania. These are – 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.
Over the financial year 2023/24, we produced over 128 thousand tons of crop production.
Milk and Beef Cattle Farming
Five of the seven agricultural companies are active in dairy production and beef cattle farming. Dairy companies are constantly striving to improve the efficiency of their farms.
We are a major milk producer in Lithuania. Our dairy farms win the most efficient dairy farms awards every year: in 2023, the agricultural company Šakiai District Lukšių ŽŪB was named the most efficient milk producer in Lithuania, and the agricultural company Sidabravo ŽŪB was ranked 3rd.
Over the financial year 2023/24, we produced 38 thousand tons of milk.
Performance Indicators
| Performance indicators | 2019 / 2020 | 2020 / 2021 | 2021 / 2022 | 2022 / 2023 |
2023 / 2024 unaudited data |
| Sales in thousand tons | 116 | 142 | 127 | 143 | 164 |
| Sales revenue, MEUR | 28 | 33 | 39 | 50 | 44 |
| Gross profit, MEUR | 5.8 | 9.0 | 14.7 | 12.3 | 6.5 |
| Operating profit, MEUR | 6.4 | 11.4 | 15.1 |
12.5 |
5.3 |
Note: Financial year starts on July 1st and ends June 30
Related Brands
Other activities
Partners for Farmers
We stand as steadfast partners to farmers, delivering goods, providing expert consultation, and participating in the trade of agricultural raw materials.
