LATRAPS | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
LATRAPS is an agricultural service cooperative society based in Latvia, recognized as a leader in the agricultural sector and one...
LATRAPS is an agricultural service cooperative society based in Latvia, recognized as a leader in the agricultural sector and one of the largest grain exporters in the Baltic region. It is fully owned by Latvian farmers and unites over 1220 members, focusing on the sale of agricultural raw materials and products grown by its members, as well as the pre-treatment of various crops.
Website
Headquarters
Jelgavas novads, Elejas pagasts
Size
51-200 employees
Industry
Farming
Specialities
Lauksaimniecība, Lauksaimniecības Tehnika, Graudu eksports, Sējumu apdrošināšana
🛍️ LATRAPS Product and Pricing News →
👔 LATRAPS CEO, Management and Leadership Team →
⚔️ LATRAPS Alternatives and Competitors →
💼 LATRAPS Hiring and Layoffs →
🤖 LATRAPS Developer, Integration and Automation News →
📈 LATRAPS Financials, Fundraising and Valuation News →
🛍️ LATRAPS Product and Pricing News
- LATRAPS plans to introduce a full-service liming service for farmers using HAWE DST 24 spreader and professional operators, starting February 26, 2025.
- LATRAPS is launching a 'Pea Digital Map' in Latvia this spring, inviting farmers to contribute their pea growing data and experiences.
- LATRAPS Tehnika plans to launch a full-service limestone offering using the HAWE DST 24 spreader and a professional equipment operator.
- LATRAPS is actively constructing the 'ASNS Ingredient' pea protein factory in Jelgava, with most buildings expected to be completed by the end of summer 2025.
- LATRAPS is hosting in-person agriculture seminars in five Latvian locations, including one on March 4 at Salas Tautas nams.
- LATRAPS experts, including Agricultural Knowledge and Innovation Manager Oskars Balodis and Agriculture Department Manager Girta Ozolas, discussed spring work planning, timely seed supply, and weed evaluation in the latest episode of 'LATRAPS Learning'.
- LATRAPS released the first episode of the new "LATRAPS Learning" season featuring discussions on fertilization and weed management with Agricultural Knowledge and Innovation Manager Oskars Balodis and Agriculture Department Manager Girta Ozola.
- On March 4, LATRAPS organized a spring seminar at Salas Tautas House.
👔 LATRAPS CEO, Management and Leadership Team
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Chief Executive Officer
[email protected] -
Chief Financial Officer, Board member[email protected]
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Chief Executive Officer[email protected]
⚔️ LATRAPS Alternatives and Competitors
- JR Farm |
- Aquamatica |
- Cerience
💼 LATRAPS Hiring and Layoffs
- Gundars Ruža is the financial director of LATRAPS.
🤖 LATRAPS Developer, Integration and Automation News
- LATRAPS leader Roberts Strīpnieks discussed improving agricultural insurance services with the German cooperative Vereinigte Hagelversicherung VVaG and the Latvian Minister of Agriculture.
📈 LATRAPS Financials, Fundraising and Valuation News
- On March 5, LATRAPS began trading its bonds on the Nasdaq Baltic First North market, marking it as the first Latvian agricultural company to be publicly traded.
- On March 5, LATRAPS announced its bond market debut with a symbolic bell ringing at Mežaparks Grand Stage, attended by the cooperative's management, farmers, and Agriculture Minister Armands Krauze.
- LATRAPS exceeded their bond issue target by 50%, raising over 12 million euros to fund a pea protein isolate factory in Latvia.
- LATRAPS Finance Manager Gundars Ruža shared their experience in releasing public bonds at the Capital Market Forum, where their bonds were recognized as highly demanded by Latvian investors in 2024.
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