{"id":14554,"date":"2017-07-03T00:00:00","date_gmt":"2017-07-02T21:00:00","guid":{"rendered":"https:\/\/www.invaldainvl.com\/group-company-press-releases\/litagra-uab-is-splitting-up-and-changing-the-management\/"},"modified":"2017-07-03T00:00:00","modified_gmt":"2017-07-02T21:00:00","slug":"litagra-uab-is-splitting-up-and-changing-the-management","status":"publish","type":"post","link":"https:\/\/www.invaldainvl.com\/en\/group-company-press-releases\/litagra-uab-is-splitting-up-and-changing-the-management\/","title":{"rendered":"Litagra UAB is splitting up and changing the management"},"content":{"rendered":"<p>      One of the largest Lithuanian agricultural companies Litagra, UAB was split into two companies: LP Grup\u0117, UAB, which takes over the grain elevator rent and trade business, and Litagra, UAB which controls the feed production and agricultural production business.<\/p>\n<p>  &bdquo;The reorganization is necessary to close the deal with the Achema Group, which purchases the grain elevator rent and trade business&ldquo; &ndash; says Gintaras Kateiva, the Chairman of the Board of Litagra, UAB.<\/p>\n<p>  The Head of the Litagra, UAB will be Mindaugas Barei&scaron;is, who was the Finance director of the group. Litagra, UAB will manage the feed production company Joni&scaron;kio gr\u016bdai, UAB and agricultural production business controlling company Litagros \u017eem\u0117s \u016bkio centras.<\/p>\n<p>  The head of the LP Grup\u0117, UAB will be Adomas Grigaitis, who is also the Managing director of Litagros Prekyba, AB. The company will own elevator rent and trade business which is being sold to the Achema Group.<\/p>\n<p>  The current Managing director of Litagra, UAB Aidas Mackevi\u010dius will continue the cooperation with Litagra and will also coordinate the completion of the deal with the Achema Group.<br \/>  &nbsp;<br \/>  <strong>About Litagra<\/strong><br \/>  The Litagra Group consists of companies active in the fields of trade in agricultural products and feed, livestock, dairy, fertilizers and plant protection products. The group owns Litagros Prekyba AB (with subsidiary Litagra SIA), Joni&scaron;kio Gr\u016bdai UAB, Litagros \u017dem\u0117s \u016akio Centras \u017d\u016aB, and other companies. According to the preliminary data of the fiscal year ended 30 June, consolidated revenue of Litagra amounted to EUR 165 million (in the previous fiscal year the audited revenue was EUR 155 million). It is expected to get higher net profit than in 2015-2016 fiscal year.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the largest Lithuanian agricultural companies Litagra, UAB was split into two companies: LP Grup\u0117, UAB, which takes over the grain elevator rent and trade business, and Litagra, UAB..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[6],"class_list":["post-14554","post","type-post","status-publish","format-standard","hentry","category-group-company-press-releases","tag-imported"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Litagra UAB is splitting up and changing the management - Invalda INVL<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.invaldainvl.com\/group-company-press-releases\/litagra-uab-is-splitting-up-and-changing-the-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litagra UAB is splitting up and changing the management - 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