Agrowill Group

Agrowill Group
Public
Industry Agriculture
Founded Vilnius, 2003
Headquarters Vilnius, Lithuania
Key people
Linas Bulzgys (CEO)
Number of employees
1.100
Website Official website

Agrowill Group is the largest organic farming and investment group of companies in Lithuania which is developing a unique business model based on the latest scientific knowledge ensuring the use of the environment-friendly organic farming technology in all interrelated agricultural, livestock farming, mushroom growing, and agricultural production processes.[1] he company is listed on NASDAQ OMX Vilnius (since March 2008) and Warsaw Stock Exchange (since July 2011).

Key activity areas

Crop production

Agrowill Group owned agricultural companies carry out agricultural activities in the area of over 23.5 thousand hectares throughout Lithuania. All land cultivated by Agrowill Group companies received Ekoagros organic farming certification in 2015. This means that the yield grown by Agrowill Group farms meet strict requirements of organic crop production, including fertilization with solely organic fertilizers. The companies owned by the group carry out the activity by observing organic farming principles based on the latest scientific knowledge and encourage other agricultural market participants to actively contribute to the Lithuanian land and water preservation.

Each year farms owned by Agrowill Group yield about 52 thousand tons of grain and about 15.5 thousand tons of rapeseed.

Companies engaged in crop production:

UAB (JSC) AgroRamučiai; ŽŪB (agricultural company) Agrowill Alanta; ŽŪB Agrowill Dumšiškės; ŽŪB Agrowill Eimučiai; UAB Grūduva; ŽŪB Agrowill Jurbarkai; ŽŪB Agrowill Kairėnai; ŽŪB Agrowill Lankesa; UAB Luganta; ŽŪB Gustoniai; ŽŪB Agrowill Mantviliškis; ŽŪB Agrowill Nausodė; ŽŪB Agrowill Skėmiai; ŽŪB Agrowill Smilgiai; ŽŪB Agrowill Spindulys; ŽŪB Agrowill Vėriškės; ŽŪB Agrowill Žadžiūnai; ŽŪB Agrowill Želsvelė

Livestock farming

In 2015, all livestock farms owned by Agrowill Group in Lithuania received Ekoagros organic farming certification which means that all livestock farming carried out by the group of companies meet strict standards of organic farming. Agrowill Group organic livestock farming not only promotes natural livestock increase but also ensures cattle feeding and care.

Agrowill Group farms grow more than 7 thousand units of cattle. During 2014-2015 quota year, Agrowill Group farms sold about 24.7 thousand tons of milk for processing.

Companies engaged in the livestock farming:

ŽŪB (agricultural company) Agrowill Alanta; UAB (JSC) Grūduva; ŽŪB Agrowill Jurbarkai; ŽŪB Agrowill Kairėnai; ŽŪB Agrowill Nausodė; ŽŪB Agrowill Skėmiai; ŽŪB Agrowill Smilgiai; ŽŪB Agrowill Vėriškės; ŽŪB Agrowill Žadžiūnai; ŽŪB Agrowill Želsvelė

Mushroom growing

Following Agrowill Group merging with Baltic Champs in 2014, the activity of the company groups was complemented with a new activity – organic mushroom growing. Baltic Champs, the largest company that grows and sells champignons in the Baltic states, is also involved in scientific-research activities in the mushroom growing area.

Companies engaged in the mushroom growing:

UAB (JSC) Baltic Champs, Gruzdžiai factory; UAB Baltic Champs, Širvintos factory; UAB Baltic Champs, Staneliai factory.

History

Management

General Manager – Linas Bulzgys.

Chairman of the Board is Kęstutis Juščius, members are Linas Bulzgys, Marijus Bakas, Domantas Savičius, Linas Strėlis, Vladas Bagavičius, and Marius Žutautas.

Chairman of the Supervisory Board is Vladas Lašas, members are Gediminas Žiemelis, Aurimas Sanikovas, Rimantas Rudzkis, and Liudas Navickas.

Shares

Since 2 April 2008, share emission of the company - ISIN code LT0000127466 (in the amount of 187.416.252 of an ordinary nominal share) has been included into NASDAQ OMX Vilnius Baltic Secondary trading list (NASDAQ OMX Vilnius symbol - AVG1L). Since 8 July 2011, share emission of the company (in the amount of 187.416.252 of an ordinary nominal share) has been included into Warsaw Stock Exchange (symbol - AWG). Shareholders of the Company (based on the data of 31 December 2015):

Shareholder Amount of shares % Share
Baltic Champs Group JSC 96.640.015 51,56
Volemer Holdings Limited 29.776.510 15,89
Vretola Holdings Limited 27.511.660 14,68
Linas Strėlis 10.217.572 5,45
Other legal and natural persons 23.270.495 12,42

References

  1. ""Agrowill Group" yra didžiausia privati žemės ūkio bendrovė Europoje". Agrowill Group. 2011-03-27. Retrieved 2009-03-16.

External links

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