Summary[1]Edit

AB Linas Agro Group, through its subsidiaries, engages in the production, handling, and merchandise of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries. The company operates through five segments: Grain and Feedstuff Handling and Merchandising; Products and Services for Farming; Agricultural Production; Food Products; and Other Products and Services. The Grain and Feedstuff Handling and Merchandising segment trades in wheat, rapeseed, barley, and other grains; oilseeds; suncake and sunmeal; and sugar beet pulp, soymeal, vegetable oils, rapecake, and other feedstuffs, as well as provides grain storage and logistics services. The Products and Services for Farming segment sells fertilizers, seeds, plant protection products, machinery and equipment, spare parts, and other equipment, as well as offers grain storage facilities to agricultural produce growers and grain storage companies. The Agricultural Production segment cultivates cereals, oilseed rape, sugar beet, and other crops; harvests, breeds, and sells livestock; and produces and sells milk, as well as engages in the beef cattle farming business. The Food Products segment is involved in the egg incubation, chicken hatching, broiler breeding, production of poultry and processed products, and slaughtering and sale of chicken. This segment offers its products under the Kekava and Bauska brand names. The Other Products and Services segment sells biofuel and other products and services. The company also rents and manages agricultural purposes land; and provides expedition and ship's agency, and management services. The company was founded in 1991 and is based in Vilnius, Lithuania. AB Linas Agro Group is a subsidiary of Akola ApS.

References and notesEdit

  1. Source: Yahoo Finance.