Zemaitijos Pienas AB
VVSE:ZMP1L2.82
EUR
+0.02
(+0.71%)
ISIN
LT0000121865
Return %
Stock
S&P 500
1Y
2.17
14.20
3Y
60.23
81.12
5Y
56.67
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
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EUR
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in mil. unless spec.Company Description
- CEO
- Robertas Pazemeckas
- Full Time Employees
- 1,478
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Telsiai Lithuania
- IPO Date
- Oct 13, 1997
- Website
- zpienas.lt
- Similar Companies
- Business
- Zemaitijos Pienas AB is a Lithuania-based dairy processing company engaged in the manufacturing, processing, marketing, and distribution of a wide range of milk, cheese, and value-added dairy products. Founded in 1924 and headquartered in Telsiai, Lithuania, the company operates an integrated processing and distribution infrastructure that supplies retail consumers, foodservice operators, and industrial food manufacturers across the Baltic states, the wider European Union, North America, the Middle East, and Asia. The company offers a comprehensive portfolio of dairy products categorized by product line and application, comprising: hard and aged cheeses, including its signature long-matured hard cheese sold under the DZIUGAS brand, as well as semi-hard, Gouda, and Tilsit-style cheeses; fresh dairy beverages and cultured products, including pasteurized milk, kefir, buttermilk, cultured sour milk, and sour cream sold under the Zemaitijos and Zemaitijos Senoviskas brands; curd and portioned snack products, including traditional cottage cheese, flavored curd desserts, and chocolate-glazed curd bars under the Magija brand; peelable cheese sticks and portioned snack cheeses marketed under the PIK-NIK brand; smoked, melted, and processed cheese varieties marketed under the Rambynas brand; butter and dairy fats, comprising sweet cream butter, clarified butter ghee, and blended dairy spreads; industrial dried dairy ingredients, including sweet whey powder, demineralized whey powder, milk permeate powder, and skimmed milk powder used in confectionery, bakery, and food processing applications; and dairy desserts, including ice cream and frozen novelties. Additionally, the company manages branded retail operations and tasting venues through its Dziugas House (Dziugo Namai) boutique network. Zemaitijos Pienas AB conducts its industrial operations through facilities in Telsiai and operates regional subsidiaries, including AB Silutes Rambynas, which specializes in cheese manufacturing. In recent operational developments, the company has implemented capital investment programs focused on upgrading production automation, expanding whey processing capabilities for specialized nutritional powders, and enhancing sustainability through the installation of industrial solar power systems and heat recovery infrastructure. Furthermore, the company has expanded its product portfolio with the introduction of new functional, lactose-free, and high-protein dairy options, extended its PIK-NIK snack line with new flavors and packaging formats, and broadened its international distribution partnerships to increase penetration across target export markets in Western Europe, the Americas, and Asia.