AUGA group

Corporate Details

ISIN(s):

LT0000127466 (+2 more)

LEI:

48510000P2S3LHJPX414

Country:

Lithuania

Address:

Konstitucijos pr. 21C, 08130 Vilnius

Website:

https://auga.lt/en/

Sector:

Consumer Staples

Industry:

Food Products

Description

AUGA group, AB, based in Lithuania and listed on Nasdaq Vilnius stock exchange, is the largest vertically-integrated organic food producer in Europe. The group of companies manages approx. 39,000 ha of organically certified arable land and employs over 1,200 people. AUGA develops a sustainable farming model, based on new technologies, specializing in crops, dairy cows, chicken and mushroom growing. Using proprietary and contracted manufacturing, the company produces a wide range of organic food products for the end consumer as well as organic commodities. With a mission to deliver organic food with no cost to nature AUGA is focused on the development and application of AgTech solutions for sustainable food production. Nearly a quarter of global greenhouse gas emissions are due to agricultural activities, but so far there have been no real technological solutions to reduce these emissions.