AUG1L Agrowill Group AB

AUGA group, AB announced confirmed results of feed technology testing – 32% lower methane emissions per litre of raw milk

AUGA group, AB announced confirmed results of feed technology testing – 32% lower methane emissions per litre of raw milk

AUGA Tech, UAB (hereinafter – the Company), an indirectly owned company of AUGA group, AB, is developing a specialised feed technology aimed at reducing methane emissions from cows' digestive processes. The Company has been testing the technology for the last 2 years. It has been shown that the technology enables an increase in the milk yield with no impact on the milk’s quality and a reduction of the methane emissions from cows' digestive processes by 32% per litre of raw milk. The test results were evaluated by scientists from the Veterinary Academy of the Lithuanian University of Health Sciences (hereinafter – LSMU VA) who confirmed their validity.

"According to the United Nations Food and Agriculture Organization, 14.5% of global emissions are due to livestock activities. Our own annual emissions calculations show that cattle digestion processes generate about 25% of all emissions at the companies the group owns. For that reason, 2 years ago we set out to tackle this problem and today we can proudly announce a significant achievement in the portfolio of technologies we are developing: we have proven that the prototype of the specialised feed technology works", says Kęstutis Juščius, the Chair of the Board of AUGA group, AB.

The Company carried out laboratory and feeding tests in collaboration with LSMU VA to assess the nutritional properties of the feed technology and its impact on cows' production of milk, the quality of the milk, and methane emissions per unit produced. The results of the testing were assessed by comparing the group of cows receiving the new feed with a group fed standard feed.

"According to the conclusion of the expert evaluation of the LSMU VA scientists, the results and conclusions of the Company's study are clear, well-founded and in line with the intended aim and objectives. The results of the tests show that the technology has big potential and could significantly contribute to reducing emissions in the agriculture sector. We are delighted with this partnership of business and science, which gives the technology credibility and makes it possible to envisage further steps in its future development," says Ramūnas Antanaitis, a professor at LSMU VA.

Kęstutis Juščius, Chair of the Board of AUGA group, AB, says, the specialised feed technology will prove to be a breakthrough in reducing emissions from livestock farming, not only at AUGA group, AB’s companies with farming activities, but in agriculture as a whole, as the plan is to commercialise the technology in the future.

"Since the test results have shown that the technology is effective at the prototype level, the next step is to develop it for production on a large scale. For that purpose, we are developing other innovations that will allow us to employ the technology in all of the group’s companies that have livestock activities. We will start implementation in 2024. And in the future, we also plan to commercialise the technology," says Kęstutis Juščius, the Chair of the Board of AUGA group, AB.

AUGA Tech, UAB is a company indirectly owned by AUGA group, AB, which develops and produces emission-reducing agricultural technologies. The company is developing biomethane infrastructure, the "AUGA M1" hybrid biomethane-electric tractor for professional use, and other agricultural machinery. In 2023, the Company has been testing the first production batch of tractors in preparation for mass production of them. The Company is also developing specialised feed technologies for reducing methane emissions from livestock.

Contacts:

Chair of the Board of AUGA group, AB

Kęstutis Juščius 



EN
29/11/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Agrowill Group AB

 PRESS RELEASE

Decisions of the Extraordinary General Meeting of Shareholders of AUGA...

Decisions of the Extraordinary General Meeting of Shareholders of AUGA group, AB, entity under restructuring which took place on 12th August 2025 The Extraordinary General Meeting of Shareholders of AUGA group, RAB (legal entity code 126264360, address: Konstitucijos ave. 21C, Vilnius; Company) took place on 12th August 2025, the shareholders attending the meeting held 151,504,494 shares, which entitled them to 151,504,494 votes (i.e. 64.80% of votes granted by all shares of the Company). The majority of shareholders participating in the meeting approved the updated draft restructuring pla...

 PRESS RELEASE

Restruktūrizuojamos AUGA group, AB neeilinio visuotinio akcininkų susi...

Restruktūrizuojamos AUGA group, AB neeilinio visuotinio akcininkų susirinkimo, įvykusio 2025 m. rugpjūčio 12 d., sprendimai 2025 m. rugpjūčio 12 d. įvyko AUGA group, RAB (juridinio asmens kodas 126264360, buveinės adresas: Konstitucijos pr. 21C, Vilnius; Bendrovė) neeilinis visuotinis akcininkų susirinkimas, kuriame dalyvavo akcininkai, kuriems priklauso 151 504 494 akcijų, kurios suteikia 151 504 494 balsų (t. y. 64,80% visų Bendrovės akcijų suteikiamų balsų). Susirinkime dalyvavusių akcininkų dauguma pritarė atnaujintam restruktūrizavimo plano projektui, kurį Bendrovė paskelbė 2025 m. ...

 PRESS RELEASE

Regarding the Supplementation of the Draft Resolutions and Submission ...

Regarding the Supplementation of the Draft Resolutions and Submission of the Voting Ballot for the Extraordinary General Meeting of Shareholders of AUGA group, AB under restructuring to be held on 12 August 2025 Pursuant to Article 25(4) of the Law on Companies of the Republic of Lithuania, we hereby inform you about the supplementation, on the initiative and decision of the Board of AUGA group, AB under restructuring (legal entity code 126264360, registered office at Konstitucijos Ave. 21C, Vilnius, hereinafter – the Company), of the draft resolutions proposed for the Extraordinary General...

 PRESS RELEASE

Dėl 2025 m. rugpjūčio 12 d. restruktūrizuojamos AUGA group, AB neeilin...

Dėl 2025 m. rugpjūčio 12 d. restruktūrizuojamos AUGA group, AB neeilinio visuotinio akcininkų susirinkimo siūlomų sprendimų projektų papildymo ir balsavimo biuletenio pateikimo Vadovaujantis Lietuvos Respublikos akcinių bendrovių įstatymo 25 str. 4 d. informuojame apie šaukiamo AUGA group, RAB (kodas 126264360, buveinės adresas Konstitucijos pr. 21C, Vilnius, toliau - Bendrovė) neeilinio visuotinio akcininkų susirinkimo (toliau – Susirinkimas) siūlomų sprendimų projektų papildymą AUGA group, AB valdybos iniciatyva ir sprendimu.   Pagrindinė informacija apie Susirinkimą: Susirinkimas vyk...

 PRESS RELEASE

Notice on the Annual General Meeting of Shareholders of the AUGA group...

Notice on the Annual General Meeting of Shareholders of the AUGA group, AB entity under restructuring on 29 August 2025 AUGA group, AB entity under restructuring (code 126264360, registered office at Konstitucijos pr. 21C, Vilnius, hereinafter referred to as the „Company“), by the initiative and decision of the Board, is convening an Annual General meeting of shareholders on August 29, 2025, at 10:00 a.m., hereinafter referred to as the “Meeting”. The Meeting will be held at the conference room at the business center QUADRUM NORTH, address Konstitucijos ave. 21C, Vilnius. The registration...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch