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The turnover of "Spilva" and "Gutta" owner Orkla Foods Latvia last year was 31.517 million euros, an increase of 5, 4% compared to the previous year, while the profit 2% – up to 2.304 million euros, according to information provided by Firmas.lv.
According to the management report of the company, the company continued to sell its products last year both abroad and abroad. Unchanged most of the realization company has won products sold in Latvia. In total, the company 's business figure last year was high at 22.8 million euros, down 2.5% from the previous year. in 2016. The company continued to develop its existing export markets, where the total business turnover grew by 33.7% last year, reaching 8.7 million euros. euros.
The company's management stresses that, in order to focus on specialized categories and strengthen the competitiveness of the company, production plants "Orkla " in Estonia have been closed to Latvia in Mayonnaise and Salad The production of sauces for the Estonian and Finnish markets, as well as the Lithuanian plant at " Orkla Food Latvija", was transferred to the Lithuanian market for mustard , vinaigrette, mayonnaise and tomatoes. The production of juice, nectar and Gutta juice has been transferred to Estonia, while the production of water and non-alcoholic beverages will be continued at the Valdlauca site
. ) funds. " Orkla Food Latvia" in the Babīte Spilve region has completed the installation of a new production line, on which the company plans to produce salad dressings and mayonnaise in new flasks for the Latvian and export markets. The company has invested 122,000 euros in the range and development of new packaging. The total investment of the company amounted to 1.18 million euros in 2017.
Orkla Foods Latvia had already launched in 2016 an ambitious project of structural change in all production plants of Orkla Foods in the Baltic countries. The main objective of the project was to make the specialized factories to make them more efficient in the production of certain product groups. As part of this project, the Orkla Foods Latvia production unit in the Babites region specializes in the production of sauces and mayonnaise, becoming a producer of these products not only for the Latvian but also Estonian, Lithuanian markets. and Finnish
. Latvia's business turnover stood at 29.909 million euros in 2016, 22.6% more than a year ago, while the profit of the Company grew by 34.6% to 2.169 million euros.
"acquired NP concern in August 2014 Foods ", while in October he decided to combine "NP Foods ", JSC "Laima ", AS" Staburadze "and JSC Latfood" in a company named Orkla Confectionery and Latvia Snacks, but Spilva Ltd and Gutta were merged into a company called " Orkla Foods Latvia. "
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