Dairy factory in Latvia.

We sell a dairy factory in Latvia.

Dairy products producer of milk last year, finished with 16. 6 million euro turnover, an increase of 5% over the previous year.

In contrast, profits increased by 22%, amounting to 820 thousand euros. The average salary in the company last year increased by 7%, amounting to 975 euros.

2016 invested 703,941 euros, including 58% invested in new fixed assets, and 42% - for the modernization of equipment and buildings, major repairs. the mozzarella cheese production line last year, the company invested 46 thousand euros, while the EAFRD project equipment purchased products for weighing and marking for a total of 51,400 euros. This EAFRD project in the spring will be put into operation quark desserts production equipment and resource management system Horizon. Another project is planned to purchase an automatic sealing bottle.

At present the company exports cheese to Moldova, Israel and the USA. For the United States to export frozen foods, such as cheese cake, but is still being adjusted. One of the biggest and most important investments this year is industrial wastewater pretreatment facility, which is expected to last until the end of this year - its cost will be about 300 to 400 thousand euros. The company employs a total of 130 employees last year in the form of taxes paid 1,186 million euros.