ŽIA valda is a Lithuanian

investment company An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under th ...

pursuing projects of higher profit margin, usually, by establishing and consistently developing a new business unit, by consolidating companies of one business sector into one larger company or by acquiring a business which has growth potential but requires substantial reorganization. Businesses which achieve a certain degree of development concentrate their efforts into attracting public or institutional capital by selling a portion of their shares on IPO or private placement markets. The company manages and develops businesses operating in the sectors of

aviation Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' include fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air aircraft such as h ...

services,

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...

, financial mediation,

agriculture Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created ...

, services for businesses and real estate. The majority of the company's income comes from management fees,

dividends A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex ...

and revenue from part sales of businesses. To this day, assets after

loans In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt ( ...

owned by the company both directly and through its affiliates, related or associated companies are valued at nearly 120 million

euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...

History

ŽIA valda was founded in 1997. In 2002, the company become an investment holding company. At the same year, ŽIA valda acquired Žvilgsnis iš arčiau, a credit management and debt recovery company in

Lithuania Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, P ...

and the

Baltic States The Baltic states or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern co ...

with a 30% share of the market. 2003: founding of Agrovaldymo grupė (now Agrowill Group). Today, it's the largest

agricultural Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created f ...

company in Lithuania, controlling 17 producers and processors of agricultural produce. 2004: founding of Žemės vystymo fondas (main operations – acquisition and lease of land for farming purposes) which is involved in consolidation of farming land and lease of it to farmers and Agrowill Group. 2005: privatization of Lithuanian Airlines. Total area of premises owned by ŽIA Valda reached 30,000 square metres; area of owned land in

Vilnius Vilnius ( , ) is the capital of and List of cities in Lithuania#Cities, largest city in Lithuania and the List of cities in the Baltic states by population, most-populous city in the Baltic states. The city's estimated January 2025 population w ...

City – 27 hectares. Beginning of a private housing development project in Gulbinai settlement with a total area of more than 20 hectares (sold in 2006). Beginning of Kabantys sodai ("Hanging Gardens") project constructions on the edge of Vilnius centre. 2006: ranked second among a 1000 most rapidly developing Lithuanian businesses. Sale of controlling interest in Žvilgsnis iš arčiau (67% of shares were bought by an

Iceland Iceland is a Nordic countries, Nordic island country between the Atlantic Ocean, North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is culturally and politically linked with Europe and is the regi ...

ic capital company operating in over 25 countries, Creditinfo Group Ltd). Reorganization of Lithuanian Airlines, privatized a year ago, into a group of 3 businesses: flyLAL - Lithuanian Airlines, flyLAL Group Services (today known as

Avia Solutions Group Avia Solutions Group is a Lithuanian-owned ACMI (aircraft, crew, maintenance, and insurance) provider and holding company. Established in 2010 in Vilnius, it moved its headquarters to Dublin, Ireland in 2023, and has additional offices around th ...

) and VA reals; in total the group unites 9 companies. Design and construction of infrastructure purpose objects in Vilnius International Airport: 3 hangars for

aircraft An aircraft ( aircraft) is a vehicle that is able to flight, fly by gaining support from the Atmosphere of Earth, air. It counters the force of gravity by using either Buoyancy, static lift or the Lift (force), dynamic lift of an airfoil, or, i ...

repairs, private passenger terminal and office buildings. 2007: acquisition of 100% interest in '' Valstiečių laikraštis''. Founding of UAB "Statinio interjeras"; field of operations – contracting, finish and general construction works. 2008: ŽIA valda launched a 48 m LTL worth share issue; bought out by an Icelandic capital company SX investments and a Lithuanian capital company Amber capital partners. Due to the arrival of new shareholders, the company forms a Board; Board's work regulation approved.

Subsidiary company A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

Finhill, registered a year ago, is issued with Category B broker licence which allows the company provision of finance related services. Agrowill Group was listed on the Vilnius Stock Exchange, becoming the first successful initial public offering for ŽIA valda. Within 3 months share value increases by 30% whereas average OMX index slumped by almost 30%. At the same year in its meeting in strategic committee, the Lithuanian government endorses that AB flyLAL Group passenger terminal under construction in the place of the current premises owned by UAB VA reals is of strategic importance to Lithuania. The decision marks the beginning of the process to obtain a construction permit. The terminal is expected to be completed by November 2009. Agrowill Group approves plans for active growth and intends to make around 10 acquisitions and increase the area of farming land and its revenue by several times. To achieve its targets, ŽIA valda increases the number of its

shares In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Sha ...

by 40% and issues additional shares.

ŽIA valda group of companies

* Agrowill Group *

*Raigesta *VA Reals *ŽIA Valda

References

External links

Official siteHistory of the company
{{DEFAULTSORT:Zia Valda Investment companies of Lithuania Companies based in Vilnius 1997 establishments in Lithuania Holding companies established in 1997 Financial services companies established in 1997 Holding companies of Lithuania