Baltic Export, EU – Baltic States, Foodstuff, Good for Business, Latvia, Markets and Companies

"The steepest and largest export growth was registered in the Finnish market," said the company’s marketing director Dana Ercina-Uzane.

Increase of exports to Finland rose 8.7 times, to Denmark - 2.3 times, and to Lithuania – 2.1 times.

The company’s representatives said that export growth has been related to improvements distribution processes, recognition of the company, as well as structural changes in Orkla companies in Europe.

The company reminded that Orkla Foods Latvija export markets are the US, the Czech Republic, Denmark, Estonia, Ireland, Canada, Russia, the UK, Lithuania, Norway, Slovakia, Finland, Ukraine, Germany, Sweden.

Orkla Foods Latvija generated EUR 29.909 million in turnover last year at a 22.6% growth from 2015, and its profit rose 34.6% to EUR 2.169 million.

Norwegian food group Orkla in August 2014 acquired Latvia's NP Foods group and later decided to merge Latvian food companies Laima, Staburadze, Latfood and NP Foods into one company called Orkla Confectionery&Snacks Latvija and also to merge Latvian companies Spilva and Gutta into another company, Orkla Foods Latvija.