Agrokoncerno Grūdai

The largest grain buying network in Northern Europe. The company’s activities consist of three main areas – buying grain, collecting grain in elevators and exporting grain.

Key performance indicators

Grain market prices

Bigger elevators

Smaller elevators

Port

The largest grain buying network in Northern Europe.

As much as 90% of the grain purchased by the company comes from first-hand sources. At least one elevator can be reached within a 50-70 km radius from anywhere in Lithuania.

See the map of elevators

Agrokoncerno grūdai’s geography covers most of the world’s economies. Around 90% of the grain purchased is exported to more than 50 countries. Most of it (around 80%) are exported by sea.

The company sells a total of eight types of grain crops. Wheat accounts for the largest share of exports, around 70%, followed by rapeseed, barley, triticale, rye, peas, beans and oats.

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Areas of activity

Grain purchases

Elevator services

Grain exports and domestic trade

Business performance indicators

Revenue – 586 mln. Eur

EBITDA – 26 mln. Eur

Net profit 15 mln. Eur

Grain sales > 1,500,0000 t

Share of LT grain purchases ≈21%

Share of Lithuanian grain exports ≈30%

190,000 port tank operations

25 elevators

400-500 carriages for hire

Statistics

Includes the following grain crops: wheat, barley, rye, oats, beans, peas, rapeseed.

Lithuanian grain sector

Grain purchases

Grain exports and domestic sales

Export destinations

63%

Europe

Spain, Great Britain, Germany, etc.

25%

Africa

Nigeria, South Africa, Egypt, etc.

12%

Asia and the rest of the world

Vietnam, Turkey, Haiti, etc.

Partners | Associations

Financial indicators

Added value created

Investment trends

Improving the efficiency and logistics of elevators

Solar power and CO2 reduction

Digitising business operations

Sustainable solutions

Alternative energy

The solar power plants installed on the elevators fully cover the electricity needs of Agrokoncerno Grūdai.

Sustainable transport chain

The raw materials and products are transported by rail, which helps to significantly reduce CO2 emissions.

Employing people in rural areas

90% of jobs are created in rural areas.

Financial support

Financial support for staff in times of joy and adversity.

Maintaining gender equality

Women make up around 40% of the workforce in the elevator network.

Safe working environment

The company pays particular attention to accident prevention.

Success based on trust

The company Agrokoncerno Grūdai scored the maximum score of 100% in Transparency International’s business transparency survey.

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Download the Code of Ethics and Conduct

The company Agrokoncerno Grūdai is established

Year 2001

The first elevator is built in Mauručiai

Year 2004

1,000,000 tonnes of grain were purchased and exported

Year 2015

The Rokiškis and Kretinga elevators are acquired.

Additional grain storage capacity of 250,000 tonnes built

Year 2017

The KLASCO grain terminal becomes operational. Grain capacity - 130,000 tonnes

Year 2018

The Chinese market opens. Exports of grain - more than 500,000 tonnes per year

Year 2019

Acquisition of group elevators. 1,370,000 tonnes of grain are purchased

Year 2020

1,500,000 tonnes of grains are purchased. 1,000,000 tonnes exported by Lithuanian railways. KLASCO's operational capacity is increased to 190,000 tonnes.

Year 2021