AB Akola Group (YG4.F)

1.0600 +0.0050 (+0.47%) At close: 08:10AM CEST

AB Akola Group

Subaciaus St. 5
Vilnius 01302
Lithuania
370 663 83888
https://www.linasagrogroup.lt

Sector(s): Consumer Defensive
Industry: Farm Products
Full Time Employees: 4,895

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Darius Zubas	Founder, Chairman of Management Board, CEO & Group MD	1.12M	N/A	1965
Mr. Andrius Pranckevicius	Deputy CEO & Deputy Chairman of the Management Board	588k	N/A	1976
Mr. Arunas Zubas	Member of Management Board	162k	N/A	1962
Mr. Mazvydas Sileika	CFO & Member of Management Board	N/A	N/A	N/A
Mr. Jonas Baksys	Member of Management Board	N/A	N/A	1975
Mr. Jorinta Zolubaite	Director of Corporate Communications	111.4k	N/A	1964
Ms. Silvija Lukosiunaite	Human Resources Manager	93.1k	N/A	1974
Ms. Rasa Klein	Head of Consolidation & Reporting	N/A	N/A	N/A

Amounts are as of December 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

AB Akola Group, through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries. The company operates through five segments: Grain, Oilseeds, and Feed; Products and Services for Farming; Agricultural Production; Food Products; and Other Products and Services. The Grain, Oilseeds, and Feed 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 grains, rapeseed and others, as well as harvests, breeds, and sells livestock; and produces and sells milk. The Food Products segment is involved in poultry and other poultry final products, such as flour and instant food products, as well as produces and wholesale of breadcrumbs and breading mixes. The Other Products and Services segment trades in pest control and hygiene products, production and sales of extruded products, pet food, provision of veterinary pharmaceutical services, and provision of fumigation and sanitation services. The company also sells, breeds, and raises chicken; beef cattle; and biofuel and other products and services. It also rents and manages agricultural purposes land; and provides expedition and ship's agency, and management services. The company was formerly known as AB Linas Agro Group and changed its name to AB Akola Group in December 2023. AB Akola Group was founded in 1991 and is based in Vilnius, Lithuania. AB Akola Group is a subsidiary of Akola ApS.

Corporate Governance

AB Akola Group’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.