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PÕLVA AGRO OÜ

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PÕLVA AGRO OÜ current status

This company's branding has already reached 12,030 peopleand his is followed by 99 Storybook users.On average, the company has been rated 4.1 points.and commented 13 times.

's activity report 2022

Põlva Agro OÜ is located in Põlva county, Põlva parish. The main activities of Põlva Agro OÜ are milk production and crop farming, the main purpose of the latter is the production of silage and grain for livestock farming.

The general characterization of economic activity in 2022 is characterized primarily by a complex geopolitical situation in Europe due to the Russia-Ukraine war. This increased food prices and, among other things, the price of raw milk, especially in the first half of the year. The rise in the price of raw milk positively affected the turnover of Põlva Agro OÜ in 2022. Unfortunately, the prices of inputs also increased, especially those of energy carriers, thus reducing the expected profitability of the company. The sales revenue of Põlva Agro OÜ in 2022 was 11.1 million euros, which increased by 4.21 million euros compared to the previous year. In 2022, we sold 14,637 tons of milk. The commerciality was 98.4%. We got 38.2 kg of milk per cow per day. The sale of milk brought in 6.70 million euros, which is 1.75 million euros more than in 2021.

The number of cattle was 2270 animals by the end of the year, an increase of 21 animals compared to the previous year, including the number of cows was 1194 animals at the end of the year.

The total production of beef was 126.9 tons, which is 24 tons more compared to the previous year. 416 animals were sold for meat. The sale of beef is a side activity in dairy farms.

The company employed an average of 69 employees in 2022, labor costs were 1.98 million euros.

The balance sheet total of the company as of the end of 2022 was 21.64 million euros, which increased by 3.4 million euros compared to 2021. The company's short-term and long-term liabilities increased by 0.24 million euros.

Investments in 2022 were made in current investments in technology. Several construction and improvement works of buildings were also carried out. In general, the companies of the Agrone group have invested above the historical average level in recent years, and therefore the fixed assets are in good condition. As a result, there is no direct need to invest significantly in 2023, except for current improvements. A well-thought-out investment policy allows investments to be better planned over the years and to make larger capital investments in those years when the overall economy is in a better position and risks are smaller.

At the same time, there is no great pressure for investment in more complex years in terms of risks.

Green Program

Põlva Agro OÜ started the Green Program at the end of 2019. The first big step was to find out the largest component of its environmental impacts, the climate impact footprint, for which the most common international measure is the amount of greenhouse gas emissions from its economic activity, or the carbon footprint. For this purpose, a contract was concluded with a recognized partner in the field in the first half of 2020 as a result of the continuation, for mapping carbon emissions in Põlva Agro OÜ. To date, we have mapped the climate impact for the last 4 years and the company's management has a good understanding of where the main climate impacts of milk and grain production come from and what is their intensity per kg of production and what can be done to reduce it. If in 2019 the average climate impact intensity of Põlva Agro OÜ per 1 kg of milk was 1.05 kg of GHG carbon equivalent, then by 2022 our average climate impact intensity per kg of milk production had fallen by -16% to 0.88 kg of GHG carbon equivalent. If we compare ourselves with other European producers with similar cattle keeping conditions, the average GHG intensity indicator for competitors is 1.26-1.50 kg of GHG per 1 kg of milk production. Against this background, we are a company with a smaller average climate impact compared to European average producers. The total climate impact of Põlva Agro OÜ is 17,761 T of GHG carbon equivalent per year.

The main climate impacts of Põlva Agro OÜ are related to climate impact scope no. 1 - emissions generated in its own production activities. The second important source of climate impacts is purchased goods and materials, i.e. scope 3. The last important part of climate impacts is

Scope 2 - purchased and used energy.

The company's management has drawn up a sustainable management development plan for the company for the next 5 years, the content of which is to make production more efficient from an environmental point of view and investments to reduce the environmental footprint. Most of the company's further climate impact reduction action plan is related to the following activities:

Scope 1 - own production activities - Replacement of fossil machine and car fuels with environmentally friendly fuels (biomethane or HVO fuels) and maximum replacement of tractors in the field with trucks - Reduction of machine activities in the field and pulling together the load, which are helped by better digital support systems - We use more precision farming methods and machines in crop farming - Use of milk heat energy for heating rooms or use of biogas - Use of feeds with lower emissions in animal rations; also the use of feeds that reduce the formation of methane emissions from the animal's body

PÕLVA AGRO OÜ contacts

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The company's largest partners

EE- Estonia

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