By investing up to EUR 20 million over the next 3 years, the new Laima production facility will be built in Ādaži

After a careful investigation, the decision on the location of the new Laima production facility has been made in favour of Ādaži city.  The chosen location will provide Orkla Confectionery & Snacks Latvija with growth opportunities that correspond with the long-term strategic vision of the company’s development in Latvia in terms of production size, scale and capacity. The new production facility will be about 6500m2 large.

“I am happy to announce the next big step of our strategic plans of building a truly new, modern and multi-functional confectionery production facility in Latvia. The chosen location perfectly meets our needs in terms of infrastructure and investment level, size, logistics, sustainability, and most importantly – it doesn’t limit our future development for many years to come,” says Toms Didrihsons, Chairman of the Board of Orkla Confectionery & Snacks Latvija.

“The new Laima production facility will specialize in areas where we are strong and unique by developing the existing technological base. We will also invest in new technologies to meet the growing demand for innovative future products in local and regional markets. We will also continue to work closely with other Orkla companies to produce products upon their request and vice versa. Cooperation between Orkla’s facilities is natural and we believe that this cooperation will only make Laima even more stronger,” adds Toms Didrihsons.

The total investment in the new production facility and further development of Orkla Confectionery & Snacks Latvija will be up to EUR 20 million within a three-year period. This is one of the largest investments in food industry in Latvia and adds to more than EUR 16+ million already invested by Orkla in confectionery and snacks business over the last two years.

“After “Laima” production transfer from Miera street to Ādaži, historic Laima office building and Laima Chocolate museum at Miera Street will house its administrative functions. For current Laima production facility we will elaborate on future potential use of it, possibly, in partnership with Latvian real estate market,” adds Toms Didrihsons.

The new production facility will now move into its designing phase led by architecture and design firm “Valeinis and Stepe”. Since it is also a subject of approval from municipal authorities, this phase can take up to a year. It is planned to start the construction in the first half of 2018 and complete it in the first quarter of 2019 and be in full production at the new plant in end of 2019.