Baltic Export, Foodstuff, Good for Business, Investments, Latvia, Markets and Companies

Orkla Foods Latvija representatives said that the company’s plant has started work on installation of the new production line. „The new production line will use bottles of a new design. The work on the installation will be completed this year and the new line can be launched in December,” said the company’s marketing director Dana Ercina-Uzane.

The new equipment will produce salad dressing and mayonnaise in new design plastic bottles. The products will be sold in Latvia, Estonia, Lithuania and Finland.

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 percent growth from 2015, and its profit rose 34.6 percent 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.