Home » Business » Turnover and exports have grown, the greatest financial investment project has been completed, reviews ‘Orkla Latvija’

Turnover and exports have grown, the greatest financial investment project has been completed, reviews ‘Orkla Latvija’

1 of the major food stuff producers in Latvia “Orkla Latvija’s turnover elevated by 9% in 2021, achieving 112.8 million euros. Last calendar year, the enterprise greater its export quantity by 3%, achieving a turnover of 28.1 million euros from selling products and solutions in additional than 20 nations around the world.

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The income of “Orkla Latvija” in the year less than review was 2.3 million euros, although the quantity of taxes paid out reached 20.2 million euros (15% extra than in 2020).

The company has made a whole report of 169 new and current products and solutions for the domestic and international industry in the types of sweets and treats, as effectively as numerous foodstuff products. Its brands are “Lime“,”Cushion“, “Back”, “Spindle“,” Adažu “,” Naturli “and so forth.

“Regardless of the troubles we confronted in 2021 – the impression of the Covid-19 pandemic and growing resource charges – we have managed to attain growth in nearly each individual direction, the most essential of which is developing a new, properly recognized and at the exact same time giving much healthier goods and continuing to make investments in sustainable production processes The Covid-19 pandemic and in some feeling also the boost in useful resource selling prices has accelerated the transformation toward additional successful and sustainable manufacturing procedures, a far more scrupulous selection of raw supplies and suppliers, concentrate on furnishing a favorable doing work environment, as properly as on endorsing buyer demand from customers for more healthy and far more finish products and meals “, is described by the chairman of the board of” Orkla Latvija “, Toms Didrichsons.

Previous 12 months, “Orkla Lavija” amplified its export volumes by 3%. The most important improve was the sale of “Laima” model marshmallows in Israel (+ 64% in comparison to 2020) and Germany (+ 10%), as perfectly as gross sales of the most effective-selling “Laima” product – packing containers of sweets – by + 4% on typical in all markets. In accordance to the corporation, this is a superior consequence after a considerable drop during the pandemic.

In 2021 the savory snacks produced by “Orkla Latvija” beneath the makes “Ādažu” and “Taffel” experienced superb export success, exhibiting an enhance in product sales in Mongolia (+ 102% in comparison to 2020), Moldova (+ 70%) , Azerbaijan (+ 36%) and Israel (+ 24%).

There was also an improve in product sales in mutual export of the “Orkla” group, which produces items in Latvian producing plants for “Orkla” corporations in other international locations: for Sweden (+ 59%), for Estonia (+ 10%), for Finland (+ 7%), for Lithuania (+ 9%).

In 2021, “Orkla Latvija” ongoing operate on the implementation of the sustainability technique of the “Orkla” group in all 5 spots defined in the Sustainability System: environmental security extraction of sustainable uncooked products nourishment and properly-being safe items consider treatment of people today and modern society. The most major development has been achieved in the course of getting sustainable raw components and safe and sound merchandise.

With the opening of the new “Laimas” output plant in Ādaži in 2021, “Orkla Latvija” has officially concluded the company’s major financial investment job to day. In the construction of the new manufacturing plant, as very well as in the even more enhancement of the “Laima” manufacturer, 20 million euros have been invested in the previous three many years.

Also, in 2021 “Orkla Latvija” invested above two million euros in sustainable output processes, introducing wider automation of manufacturing, promoting electrical power effectiveness, bettering the performing environment and infrastructure, as perfectly as in the advancement of new products. In 2021, the corporation directed its significant investments to 3 expenditure initiatives in the new “Laimas” production plant with the goal of expanding the efficiency of creation processes and increasing the doing the job situations of the personnel of the production plant for a overall of over 700 thousand euros.

Element of the expense was employed to improve electrical power effectiveness in the present “Adažu” and “Spilvas” generation crops, assisting the organization to create fewer CO2 I will start In the “Adaž” generation plant the h2o heating course of action has been enhanced for 20 thousand euros, though for 35 thousand euros the firm has ordered and installed a new gadget (hydrocyclone) for the harvesting of potato starch for even further use. In the “Spilva” generation plant, on the other hand, a heat recovery or restoration procedure was implemented for an quantity of 76 thousand euros, which will make it achievable to reuse the warmth created in the manufacturing processes for heating hot h2o and other processes, minimizing the annual intake of strength assets of the “Spilva” plant by 4%.

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