Corporate governance

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 principles developed by the ‘Nasdaq Riga’ stock exchange.

Supervisory board

Inita Bedrīte, chairman of the supervisory board
Deputy manager of Production and Trade Department 

Born in 1959. Obtained an education in engineering chemistry – technology at Riga Polytechnic Institute. Has been working at JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ since 1987. Since 1997 is a vice chairman of the supervisory board, in 2007 elected chairman of the supervisory board (current term of office expires on 23.04.2023). Owns 1084 shares of the company. Since 1999 is a member of the management board of Siguldas mākslīgās apsēklošanas stacija Ltd.

Maija Beča, vice chairman of the supervisory board
Manager of Milk Quality Control Laboratory, quality manager

Born in 1963. At Latvian State University has acquired education in chemistry, at Latvian University of Agriculture – Doctor of Agriculture in cattle breeding. Has been working at JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ since 2004. From 2007 is a vice chairman of the supervisory board (the current term of office expires on 23.04.2023). Owns 3066 shares of the company. 

Baiba Mecauce, member of the supervisory board

Born in 1964. At Latvian Academy of Agriculture got an education in veterinary medicine. Elected to the supervisory board in 2017 (current term of office expires on 23.04.2023). Owns 10304 shares of the company. 

Guntis Mecaucis, member of the supervisory board

Born in 1964. At Latvian Academy of Agriculture got an education in veterinary medicine. Works as a sales manager at JSC ‘Dimela Veta Latvija’. Elected to the supervisory board in 2020 (current term of office expires on 23.04.2023). Owns 5448 shares of the company. 

Jānis Tūtāns, member of the supervisory board

Born in 1955. At Riga Electromechanical Technical School obtained an education of a technician-electrician. Elected to the supervisory board in 2020 (current term of office expires on 23.04.2023). Owns 1084 shares of the company.

Management board

Chairman of the management board:

Nils Ivars Feodorovs

Born in 1957. At the Latvian Academy of Agriculture got an education as zootechnician. In 1999 elected chairman of the management board of JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ (current term of office expires on 21.04.2021). In 2014 elected to the supervisory board of Piensaimnieku laboratorija Ltd.

Members of the management board:

Sarmīte Arcimoviča, manager of Production and Trade Department

Born in 1962. At the Latvian State University got an education as biologist, at the Latvian University of Agriculture – a qualification of labor protection specialist. Has been working at JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ since 1987, also fulfilling the duties of a labor protection specialist. Elected to the management board in 2009 (current term of office expires on 21.04.2021).

Valda Mālniece, manager of Finance and Accounting Department

Born in 1957. Studied at the Riga Polytechnic Institute, Faculty of Architecture and Construction. At the Latvian Republican Distance-Learning Agricultural Technical School acquired an education as accountant. Since 1983 has been working at JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’. Has been a member of the management board since 1997 (current term of office expires on 21.04.2021). Since 1996 is the chief accountant of Siguldas mākslīgās apsēklošanas stacija Ltd.

Stock holders

Shareholders holding more than 5 % of the voting shares:

Siguldas mākslīgās apsēklošanas stacija Ltd. (49,92 %) 
Reg. no. 40003311954

SCI AG (5,95 %)
Bartholomäus-Arnoldi-Str. 82, DE-61250 Usingen, Germany 

Oļegs Radčenko (5,18 %)

Corporate governance reports

Remuneration policy

Remuneration Policy for Members of the Management Board and the Supervisory Board

Forms

Akcionāru pilnvarojuma veidlapa / Form of power of attorney