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Aloja Starkelsen plans to invest EUR 600,000 in development
BC, Riga, 26.09.2017.Print version
The Swedish-owned Latvian potato starch maker Aloja Starkelsen plans to invest EUR 600,000 in construction of a new warehouse and development of the territory, informs LETA, according to information published on the Internet website of the Procurement Supervision Bureau.
The investment plan should be completed by May 31, 2018. Bids are expected
until October 16, 2017.
The project will be co-financed by the European Agricultural Fund for Rural
Development (EAFRD).
As reported, Aloja Starkelsen
generated EUR 7.621 million in turnover in the past financial year from
September 1, 2015, to August 31, 2016, and increased its profit 20.8% to EUR
287,850, according to Firmas.lv business information website.
Founded in 1991, Aloja Starkelsen
is 97.93-percent owned by Swedish company Sveriges
Starkelseproducenter Forening.