I 10.9 million EUR 0.28 million in profit. Euro loss: “Agrochema’s” results were determined by cheap seeds and grains

Agrochema belongs to UAB Achemos group.

Last year was marked by a dry and wetter spring in the sorghum sector, as well as a change in the buyer’s behavior both when buying tracks and selling grain. The biggest impact on the group’s sales was due to the fall in tree prices, lower purchase and sale prices, and less use of plant accessors in the market, Aurimas Lukoeviius, CEO of Agrochema, is quoted in the company’s announcement.

Despite the overall decrease in demand for agribusiness products, in 2023 Agrochemos moni grup sold 7% more than in 2022, exported 1.75 times more gr. The main export destinations were Africa, Indonesia, Saudi Arabia, Europe.

Companies in 2023 continued to invest in sustainable business solutions: solar power plants were installed in the divisions, which generate about 30% of the company’s electricity consumption, liquid fuel sales infrastructure and the first automatic fuel self-service column in Lithuania were invested. Last year, the company opened the first e-shop in Lithuania. for customers of the store, which sells consumer products intended for professional use.

In 2024, Agrochemos moni grup plans 424.3 million. EUR turnover. Estimated 2.4 million Euro investments.

Agrochema moni grup consists of 3 moni: UAB Agrochema, SIA Agrochema Latvia, Agrochema Eesti OU.

Kinink grows the harvest in the company’s 10 elevators and two grain buying areas. Agrochema products can be purchased in 9 branded stores in Lithuania and one in Latvia, as well as in electronic stores for buyers, gardeners and gardeners.

At the end of 2023, 372 employees worked in the group.