Foodstuff, Good for Business, Investments, Latvia, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 01:56
Latvijas Maiznieks to buy ciabatta production line for EUR 3 mln
BC, Riga, 03.02.2016.Print version
Latvijas Maiznieks bread producer is set to purchase a ciabatta and white bread production line for EUR 2.98 million, informs LETA, according to information posted on the Procurement Monitoring Bureau's website.
Estonian company Sveba-Dahlen Baltic was chosen from three candidates to supply the production line to Latvijas Maiznieks.
The investment project will be implemented under a support program of the European Agricultural Fund for Rural Development (EAFRD).
Latvijas Maiznieks posted EUR 21.644 million in turnover and a profit of EUR 1.726 million for 2014.
Latvijas Maiznieks (until 2010 known as Maiznica Dinella) was established in 1991, and its key shareholder is Estonian company Maral Invest OU (90.57%).