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Новости Латвийский мясной рынок Rīgas miesnieks increased turnover by 37% during one year time
Понедельник, 19 Ноября 2007 02:00

Rīgas miesnieks increased turnover by 37% during one year time


Latvian meat processor Rigas miesnieks said its turnover in ten months reached LVL 18.5 mln, an increase of 37% compared to Jan-Oct of 2006.

CEO of Rigas miesnieks Aldis Skutans said that introduction of new products into the market as well as successful and rather aggressive sales and marketing strategy largely contributed to turnover increase in the first ten months of the year.

In its turn export volumes of the company have slightly decreased this year. In Jan-Oct Rigas miesnieks exported 6 pct of the total production.

“Export was down because of lack of capacity, as we are not able to fully meet the demands of domestic market,” acknowledged Skutans.

Next year the company plans to boost production volumes 30 pct. “However it will occur only if several investment projects for boosting production capacity are carried out,” Skutans explains.

Last year meat the company earned a profit of LVL 1.02 mln at the turnover of LVL 16.866, up by 14 pct compared to 2005.

Rigas miesnieks is one of the biggest meat processing companies in Latvia. JSC Rigas miesnieks and its daughter company Tallat are owned by Finnish food giant HK Ruokatalo.


Baltic Business News

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