About Zemaitijos Pienas

Company Description

Origin of one of the largest and most modern milk processing enterprises in Lithuania - ŽEMAITIJOS PIENA companies - starts in 1924. According to the legend, the Telšiai milk factory, which was founded by giant DŽIUGAS in the old town of Samogitia, built in the ancient countryside, in the ancient city of Telsiai, was, quite a century ago, quite large capacity: it produced butter, cottage cheese, cream and other dairy products.

Over the years and in consultation with the best European and US firms, focusing on the introduction of new technologies using Bactocath's world-leading membrane-based milk treatment technology, has expanded the range of products produced and improved their quality.

Year founded

1924

Served area

Europe

Headcount

1,300

Shareholder information

Shares outstanding

41,737,500

IPO

Oct. 13, 1997

Stock exchange(s)

Nasdaq Baltic

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