International Internet Magazine. Baltic States news & analytics
Saturday, 23.10.2021, 21:35
BPM Mezzanine Fund SICAV-SIF, SCA (BPM) invested in the buy-out of a well-known Latvian dairy company Smiltenes Piens in August 2019, as former owners of the company were looking forward to retire and Latvian entrepreneur Armands Kovaldiņš saw Smiltenes Piens with its well-known brands and quality leadership as an attractive target to be developed further and expand into export markets as well, informed BMP Mezznine Fund representative.
Keyword tags: Financial Services, Foodstuff, Funds, Good for Business, Industry, Investments, Latvia
Apollo Group opened Tallinn's first drive-through Kentucky Fried Chicken (KFC) fast food restaurant at 15a Mustakivi Street in the Lasnamae district on December 15th, cites LETA/BNS.
Balticovo egg producer has launched construction of a new production plans and will invest EUR 13 mln in it, LETA learned from the company, writes LETA.
The Vapiano chain of restaurants, owned by the leading Baltic entertainment company Apollo Group, is expanding to the Latvian market and will open its first restaurant in the state at the Origo shopping mall in Riga on Dec. 15, informed Appollo Group`s representative.
In the first 11 months of 2020, the sales volume of Karums cheese curd snacks in Latvia has increased by 7% compared to the corresponding period last year, the Food Union dairy group informed LETA.
Tallink Grupp, the owner of the Burger King franchise in the Baltic states, opened the first famous Burger King restaurant outside Estonia today, on Friday, 4 December 2020 in the Akropole shopping centre in Riga, informed the cpmpany in its press release.
The coronavirus pandemic may give rise to hidden protectionism in the export markets of Estonian food industries, it appears from a report by the Foresight Center of the parliament, writes LETA/BNS.