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Orkla Confectionery & Snacks Latvija invests more than EUR 300,000 in cookies and waffles plant

BC, Riga, 18.12.2018.Print version
Orkla Confectionery & Snacks Latvija food company has invested more than EUR 300,000 in its cookies and waffles plant in Riga, the company reported, reported LETA/BNS.

“We are constantly investing in improvement and development, creating a more competitive production environment,” said the company’s board chairman Toms Didrihsons, adding that automation minimized manufacturing risks and helps to deal with shortage of laborforce.

The cooloes and waffles plant in Riga employes 165 people. Last year the plant produced more than six tons of cookies and waffles.

As reported, consolidated sales of Orkla Confectionery & Snacks Latvija last year reached EUR 81.1 mln, or by EUR 3.3 mln or 4.3% more than in 2016, while the company’s consolidated profit reached EUR 3.1 mln.

Orkla Confectionery & Snacks Latvija is one of the leading producers of chocolate, confectionery and snacks in the Baltic states. Orkla Confectionery & Snacks Latvija’s portfolio includes the following brands - Laima, Selga, Staburadze, AdazuCipsi and Taffel.

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