Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, businessman Darius Zubas and investment fund Fixed Yield Invest Fund are the biggest land owners in Lithuania, the delfi.lt news website reports on Monday.
Didžiausi žemvaldžiai

Karbauskis owns 22,000-24,000 hectares of lands via his Agrokoncernas business group and as a farmer, the authors of the survey say.

Zubas owns 7,400 hectares of land via Linas Agro Group, and Lithuanian investment fund Fixed Yield Ivest Fund owns 6,400 hectares of land.

Austria's Agroforst GmbH is the owners of 5,000 hectares and comes in fourth, followed by businessman Kestutis Juscius with 4,300 hectares.

Delfi.lt produced the ranking in cooperation with the Reitingai magazine and used data from the Center of Registers, the companies' financial reports, property declarations released by the Tax Inspectorate, figures published by the media, and also comments of businessmen and agriculture experts.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Ignitis Group plans to delist its subsidiaries from Nasdaq Vilnius

Lithuania's state-owned energy group Ignitis Grupe (former Lietuvos Energija ) is planning to...

Norwegians press exporters to cut prices amid weakening krone

The weakening of Norway 's krone against the euro has not yet hit Lithuanian exports to the...

Lithuanian Post's board refuse to stay on after ministry orders halt to sale of buildings

Independent members of the management board of Lietuvos Pastas ( Lithuanian Post ) have refused to...

Lithuanian gears up for reconstruction of Via Baltica's section until Polish border

Lithuania's Road Administration is getting ready for the 300 million euro worth reconstruction of...

SAI Global to open Centre of Excellence in Vilnius

A multinational leading provider of integrated risk management solutions, assurance and property...