Baltic agribusiness major Akola Group has announced a €13 million (US$15.3 million) investment program for its poultry business during the 2025–2026 financial year, reinforcing its long-term growth strategy and operational resilience.
The investment will be implemented across Vilniaus Paukštynas and Kaišiadorių Paukštynas in Lithuania, and Kekava Foods in Latvia. The program focuses on four strategic pillars: production modernization, expansion of incubation capacity, enhanced biosecurity, and environmental and energy-efficiency solutions.
Strong Financial and Production Performance
In the 2024–2025 financial year, Akola Group’s poultry business in Lithuania and Latvia generated €325 million in sales revenue, with gross profit reaching €69 million. During the same period, the group produced over 120,000 tonnes of live-weight poultry meat and sold 108,000 tonnes, reflecting improved scale and operational efficiency.
“We consistently invest in our fully vertically integrated ‘from field to fork’ value chain to ensure sustainable growth and operational reliability,” said Andrius Pranckevičius, Deputy Chairman of the Board of Akola Group responsible for poultry business development.
Major Upgrades at Vilniaus Paukštynas
One of the largest projects is underway at Vilniaus Paukštynas, where the fresh meat plant is being modernized with AI-based carcass preparation technologies. These upgrades aim to enhance production quality, food safety, traceability, and compliance with animal welfare standards.
The group is also continuing investments in odor control and air purification technologies. Over the past 18 months, more than €2.6 million has already been invested in these solutions, with further improvements planned under the current investment program.
Additionally, the incubation facility at Vilniaus Paukštynas will be renovated, enabling a more consistent hatching process and supporting annual production of up to 45 million day-old chicks.
Biosecurity and Cost Efficiency in Focus
“With the increasing frequency of avian disease outbreaks in Europe, strengthening biosecurity has become a necessary preventive measure,” said Mažvydas Šileika, Deputy CEO for Finance and Investments at Akola Group.
“In Lithuania alone, we plan to invest around €9 million in modernization, capacity expansion, and environmental protection projects to ensure long-term competitiveness.”
During the first three months of the 2025–2026 financial year, poultry production volumes remained stable across the group. Bird health indicators were strong, with no disease outbreaks reported, and feed utilization efficiency remained high. Broiler production performed particularly well in Latvia and remained stable in Lithuania.
Favorable Market Conditions Support Growth
Market conditions have remained supportive, with poultry prices staying stable at historically high levels. Early grain procurement helped lower feed costs, improving cost control and profitability. As a result, the group recorded a 15% increase in revenue and an almost 19% rise in gross profit compared to the same period last year.
Group-Wide Investments Continue
Beyond poultry, Akola Group plans total investments of €43 million across its businesses during the 2025–2026 financial year.
AB Akola Group is one of the largest agribusiness and food production groups in the Baltics, employing over 5,000 people. Its portfolio includes companies such as Kauno Grūdai, Linas Agro, Vilniaus Paukštynas, Kaišiadorių Paukštynas, and Dotnuva Baltic, among others.
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