The turnover of the foods producer “Orkla Latvija” amplified by 9% in 2021, reaching 112.8 million euros. The firm’s profit in the calendar year less than assessment fell to € 2.3 million, in contrast to € 4.594 million in 2020.
The amount of taxes paid very last yr was € 20.2 million, 15% a lot more than in 2020.
The enterprise, recognised in Latvia for item brands such as “Laima”, “Spilva”, “Selga”, “Staburadze”, “Ādažu”, “Naturli” and other folks, very last year designed a file variety of 169 new products and solutions. and up to date for the domestic and overseas current market – in the categories of sweets and snacks, as well as different food items products.
“Orkla Latvija” ongoing to devote in the sustainable improvement of generation procedures in 2021, investing a whole of around 2 million euros.
“In spite of the problems we faced in 2021 – the additional impact of the Covid-19 pandemic and soaring useful resource selling prices – we have managed to achieve development in almost every route, the most important of which is developing a new , nicely accepted when featuring more healthy products and solutions and continuing to devote in sustainable manufacturing procedures. The Covid-19 pandemic and to some extent climbing resource prices have accelerated the transformation to more economical production procedures. and sustainable items, a more scrupulous choice of raw products and suppliers, a emphasis on furnishing a favorable doing work natural environment, as perfectly as advertising and marketing consumer need for much healthier and far more entire products and solutions and foods “, underlines Tom Didrichson, chairman of the board of “Orkla Latvija”.
Very last calendar year, “Orkla Lavija” elevated its export volumes by 3%, reaching a turnover of 28.1 million euros from the sale of merchandise in much more than 20 nations. The most important improve was the sale of “Laima” branded marshmallows in Israel (+ 64% as opposed to 2020) and Germany (+ 10%), as well as profits of the most popular product or service of “Laima” – bins of candies – of + 4% on typical in all markets, which is a very good indicator of improvement right after the gross sales results of this item were being noticeably affected by the Covid-19 pandemic. In 2021, the savory treats created by “Orkla Latvija” underneath the “Ādažu” and “Taffel” models attained great export final results, demonstrating gross sales advancement in Mongolia (+ 102% in comparison to 2020), Moldova (+ 70%) , Azerbaijan (+ 36%) and Israel (+ 24%).
Also in the reciprocal exports of the “Orkla” group, when goods are made in Latvian production vegetation for “Orkla” firms in other international locations, very last yr there was an raise in profits: Sweden (+ 59%), Estonia ( + 10%), Finland (+ 7%), Lithuania (+ 9%)).
With the opening of the new “Laimas” manufacturing plant in Ādaži in 2021, “Orkla Latvija” has officially concluded the firm’s most significant expense project to day. 20 million euros ended up invested in the generation of the new production plant, as nicely as in the even more progress of the “Laima” model about the past a few a long time.
Furthermore, in 2021 “Orkla Latvija” invested about 2 million euros in sustainable manufacturing procedures, introducing wider automation of output, selling power effectiveness, bettering the performing environment and infrastructure, as well as in the progress of new merchandise.
The enterprise has directed the significant investments of 2021 on three expense assignments in the new production plant “Laimas” with the purpose of growing the efficiency of manufacturing processes and strengthening the functioning ailments of the personnel of the output plant for a overall of in excess of 700 thousand euros.
Component of the financial commitment was used to increase electricity effectiveness in the present “Adažu” and “Spilva” production vegetation, assisting the firm to generate fewer CO2 emissions general. In the “Adaž” manufacturing plant, the drinking water heating procedure was enhanced for 20 thousand euros, when for 35 thousand euros the firm procured and put in a new unit (hydrocyclone) for the harvesting of potato starch for even more use.
In the “Spilva” production plant, on the other hand, a warmth restoration or restoration process was executed for an total of 76 thousand euros, which will make it attainable to reuse the heat created in the output processes for heating incredibly hot water and other processes, decreasing the yearly intake of strength resources of the “Spilva” plant by 4%.
In 2020, the business “Orkla Latvija” labored with a turnover of 104.26 million euros and a revenue of 4.594 million euros.
“Orkla Latvija” was registered in 2009 and its share capital is eight million euros. In Latvia, “Orkla” represents and develops “Laima”, “Selga”, “Staburadze”, “Ādažu Chipsi”, “Pedro”, “Spilva”, “Gutta”, “Latplanta” and other manufacturers. The corporation is portion of the Norwegian enterprise “Orkla”.
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