AB Linas Agro Group Received Exporter of Year Award
OREANDA-NEWS. AB Linas Agro Group was announced the Exporter of the Year at Lithuanian Business Leaders Awards ceremony organized by business newspaper “Verslo zinios” and Nordea Bank. The award "Exporter of the Year" was presented and the nominees were offered by non-profit entrepreneurship promoting agency VsI “Versli Lietuva”.
The company's trading unaudited consolidated revenue (the financial year of the company starts in July), in 2012 amounted to LTL 1,592 billion. Exports revenue was LTL 488 million. Exports of the company grew by 69% in 2012 compared to 2010.
AB Linas Agro Group is an agribusiness parent company engaged in the production and trade of grains, oilseeds, feedstuff and agricultural inputs. It controls companies in Lithuania, Latvia, Estonia and Denmark. The group consists of international agricultural production trading company in Lithuania AB Linas Agro, grain storage company UAB Linas Agro Grudu centras KUB (controlling grain storages in Joniskis, Kedainiai, Kupiskis, Pasvalys, Sakiai district, Siauliai and Vilkaviskis), Latvian trading company SIA Linas Agro, international trading company Linas Agro A/S in Denmark, group of companies ZUB Landvesta, managing agricultural land, holding of agricultural companies UAB Linas Agro Konsultacijos, agricultural inputs supplier UAB Dotnuvos Projektai, operator of lignin biofuel accumulation UAB Lignineko, logistic company UAB Jungtine Ekspedicija and other companies. The financial year of the companies begins on 1 July. The total headcount of the Group exceeds 970 employees. Consolidated revenue of AB Linas Agro Group for nine months of financial year 2012/2013 totaled LTL 1,658 million, EBITDA - LTL 116 million.
Together with partners, the Group owns grain storage company Karcemos Kooperatine Bendrove.
From 17 February 2010 AB Linas Agro Group is included in the main list of companies of NASDAQ OMX Vilnius stock exchange.
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