Foodstuff, Good for Business, Industry, Latvia

The company’s management said in its report that last year it continued the optimization process launched in previous years, introducing innovative technologies and absorbing EU funding.

The company's management indicated that the situation in the context of the Covid-19 pandemic is being constantly analyzed and that additional controls have been introduced this year for client assessment to avoid problems with debt collection. 

Puratos Latvia closed 2018 with a turnover of EUR 22.42 mln, up 3.1% from 2017, but its profit dropped 7.6% to EUR 869,578, according to Firmas.lv business information website.

Pure Food, founded in 1994, was renamed as Puratos Latvia in August 2012 after its owner, Peteris Zimants, sold the company to Belgium's Puratos Group NV, which is an international group of companies making ingredients for bakeries, patisseries and chocolateries.