Corporate governance

In order to ensure and promote the understanding of the company, its operation and management by investors and cooperation partners, customers and society, the management of JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ is organized in compliance with The Corporate Governance Code developed by the Corporate Governance Advisory Board in December 2020: https://www.tm.gov.lv/lv/media/7299/download.

Shareholders' meeting

Supervisory board (Council)

Nils Ivars Feodorovs, Chairman of the Council

Born in 1957. Graduated as a zootechnician from the Latvian Academy of Agriculture. From 1999 to 2026, Chairman of the Board of AS “Siguldas ciltslietu un mālgīgās apseklošanas stacija”. In 2014, elected to the Council of SIA “Piensaimnieku laboratorija”. Elected to the Council in 2026 (current term of office expires on 23.04.2029). Owns 400 shares of the company.

Maija Beča, Deputy Chairman of the Council
Head of the Milk Quality Control Laboratory

Born in 1963. Graduated as a chemist from the Latvian State University, and received a Doctor of Agriculture degree in animal husbandry (Dr.agr.) from the Latvian University of Agriculture. JSC “Siguldas ciltslietu un mālgīgās apseklošanas stacija” has been operating since 2004. Elected to the council in 2026 (current term of office expires on 23.04.2029). Owns 3,066 shares of the company.

Baiba Mecauce, member of the council

Born in 1964. Graduated as a veterinarian from the Latvian Academy of Agriculture. Elected to the council in 2017 (current term of office expires on 23.04.2029). Owns 10,313 shares of the company.

Management board

Chairperson of the Board:

Līga Kubuliņa

Born in 1990. Has a Master of Agricultural Sciences degree in Agriculture. Has worked at JSC “Siguldas ciltslietu un mālgīgās apseklošanas stacija” since 2017. Elected to the Board in 2026 (current term of office expires on 23.04.2031). Does not own shares in the company.

Members of the Board:

Mārtiņš Zicmanis, Head of Transport and Economic Department

Born in 1991. Has a professional bachelor's degree in agriculture and a qualification as a pedigree zootechnician at the Latvian University of Agriculture. Has worked at JSC “Siguldas ciltslietu un mālgīgās apseklošanas stacija” since 2015. Elected to the Board in 2026 (current term of office expires on 23.04.2031). Does not own any shares in the company.

Valda Mālniece, Head of Finance and Accounting Department

Born in 1957. Studied at the Faculty of Architecture and Construction of the Riga Polytechnic Institute, and graduated as an accountant from the Latvian Republican Correspondence Agricultural Technical School. Since 1983, she has been working at JSC “Siguldas ciltslietu un mālgīksīs apsēklošanas stacija”. Since 1997, she has been a member of its Board (current term of office expires on 23.04.2031). Since 1996, she has been the Chief Accountant of SIA “Siguldas mālgīksīs apsēklošanas stacija”. Owns 14,260 shares in the company.

Stock holders

Shareholders holding more than 5 % of the voting shares:

Siguldas mākslīgās apsēklošanas stacija Ltd. (49,80 %)
Reg. no. 40003311954

Corporate governance