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Pieno žvaigždės is fourth-largest
dairy product Dairy products or milk products are food products made from (or containing) milk. The most common dairy animals are cow, water buffalo, goat, nanny goat, and Sheep, ewe. Dairy products include common grocery store food around the world such as y ...
s 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 ...
., uniting
Mažeikiai Mažeikiai (; Samogitian: ''Mažeikē''; ; ) is a city in northwestern Lithuania, on the Venta River. It has a population of around 32,000, making it the eighth largest city in Lithuania and eighteenth largest city in the Baltic States. Th ...
dairy,
Kaunas Kaunas (; ) is the second-largest city in Lithuania after Vilnius, the fourth largest List of cities in the Baltic states by population, city in the Baltic States and an important centre of Lithuanian economic, academic, and cultural life. Kaun ...
dairy,
Pasvalys Pasvalys () is a city in Panevėžys County, Lithuania, located near the bank of the Svalia River. History In 1557, the Treaty of Pasvalys was signed in the town, which provoked Ivan IV of Russia to start the Livonian War. Pasvalys has mineral ...
creamery and company "Panevėžio pienas". Pieno žvaigždės is listed in the
NASDAQ OMX Vilnius The Nasdaq Vilnius is a stock exchange established in 1993 (''Vilnius Stock Exchange'', ''VSE'') and currently operated by Nasdaq, Inc.. Shares are listed on a Nasdaq Baltic stock exchange together with stocks from Latvia and Estonia. OMX Viln ...
under the ticker symbol PZV1L. The company president is Aleksandr Smagin. In 2014, due to sanctions on Russia, the company stopped its exports to
Kaliningrad Kaliningrad,. known as Königsberg; ; . until 1946, is the largest city and administrative centre of Kaliningrad Oblast, an Enclave and exclave, exclave of Russia between Lithuania and Poland ( west of the bulk of Russia), located on the Prego ...
. Since 2015, the company has started exporting its products to
Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...
.


History

In 1998, company was founded after the merger of the companies " Mažeikių pieninė" (founded in 1926) and " Pasvalio sūrai" (founded in 1948). In 2000, the company " Kauno pienas" (founded in 1936) joined, in 2004 – Panevėžio pienas" (founded in 1942).


See also

* Žemaitijos pienas *
Rokiškio sūris Rokiškio sūris is one of the largest dairy products company in Lithuania and the largest cheese producer in the Baltic states. Rokiškio sūris is listed in the NASDAQ OMX Vilnius under the ticker symbol RSU1L. In 2014, due to sanctions on Ru ...


References


External links


Official website

Official website
Dairy products companies of Lithuania Companies listed on Nasdaq Vilnius {{Lithuania-company-stub