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Land purchase restrictions damaging to markets

Apr 07, 2014
From wire reports, VILNIUS

Proposed restrictions on the purchase of agricultural land will affect three Lithuanian-owned companies, whose shares are listed on the Vilnius NASDAQ OMX stock exchange, and will cause detriment to minor shareholders of the companies, reports ELTA. And not only Linas Agro Group, Invalda LT and Agrowill Group will face expansion difficulties, but also KTG Agrar, which invests in agriculture in Lithuania but is listed on German stock exchange. "By listing on the exchange the companies ...

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