Foodstuff

International Internet Magazine. Baltic States news & analytics Tuesday, 09.03.2021, 05:54

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BPM Mezzanine Fund invested in Latvian dairy company Smiltenes Piens

BPM Mezzanine Fund invested in Latvian dairy company Smiltenes Piens

16.12.2020

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



KFC opens 1st drive-through restaurant in Tallinn

KFC opens 1st drive-through restaurant in Tallinn

16.12.2020

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 to invest EUR 13 mln in production plant

Balticovo egg producer to invest EUR 13 mln in production plant

10.12.2020

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.


Estonia's Vapiano to open new restaurant in Riga next week

Estonia's Vapiano to open new restaurant in Riga next week

09.12.2020

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.

7% rise in sales volumes of Karums cheese curd snacks in Latvia

7% rise in sales volumes of Karums cheese curd snacks in Latvia

07.12.2020

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.


07.12.2020

First Burger King restaurant in Latvia opened in Akropole

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.

23.11.2020

Estonia's Foresight Center: Coronavirus pandemic may jeopardize food industries' export

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.

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