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Dairy farming
10:22 am, November 29, 2018
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The milk processing company JSC "Rīgas piena kombināts" plans to invest 4.4 million euros in the new technology line, according to information published on the website of the Office of Control of Purchasing.
The company plans to invest 3.6 million euros in the technological line, as well as 800,000 euros in dairies and fermented products.
The implementation of the investment projects is scheduled for 30 December 2019. It is financed by the Investment Transformation sub-measure of the European Investment Fund for Rural Development (EAFRD) under the measure "Investments in tangible badets".
Candidates for the purchase of production equipment can apply until 17 January 2019 at 17:00.
Last year, Riga piena kombināts achieved a turnover of 81,121 million euros, a decrease of 0.8% compared to the previous year, while the losses increased to 1,124 million euros.
"Rīgas piena kombināts" was registered in 1991. The largest owner of the company is Food Union Holding (CY) Public limited company. "Food union" includes "Rīgas piensaimnieks", as well as "Rīgas piena kombināts", "Valmieras piens", ice cream producer "Premia" in Estonia, the companies "Premier Is" and "Hjem Is" in Denmark, Isbjrn Is in Norway, "Alpin57Lux" "In Romania," Ingman Ice Cream "in Belarus The main shareholder of the group is Andrei Beshmeļnicki, a Russian businessman.
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