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Wednesday, 17.04.2024, 00:05
Food Union invests more than EUR 15 mln in ice cream production over past 6 years
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| Photo: foodunion.lv |
"Ice cream production is one of two main businesses of Food Union, Latvia's leading dairy
company, and it has invested more than EUR 15 million in ice cream production
during the past six years," said Razinska.
She added that, in terms of ice cream sales, 2017 has been a successful year to Food Union. "In the first ten months of the year, we sold as much ice cream as in the entire 2016," she added
.
Food Union represents such ice cream brands as Ekselence, Pols, Karums, Tio, Nu and
Karlsons, and is the leader on Latvia's ice cream market, with a market share
of over 50%.
This year, Food Union has
introduced ten new ice creams, expanding the Ekselence, Karums, Pols and
Klasika ice cream lines, said Razinska.
Food Union Group's total turnover in 2016 amounted to EUR 247 million.
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