Something went wrong with the connection!

Atria Planning €130 Million Investment Project to Increase Poultry Production in Finland

 Breaking News
  • ALDI announces €73 million Dublin expansion Spread the loveALDI has announced an ambitious plan to expand its store network in Dublin to include €73 million investment in 11 new stores in the city over the next...
  • Moy Park secures new supply deal with Getir Spread the loveLeading UK food company, Moy Park, has secured a supply deal with, Getir, which will see eight of its Moy Park branded fresh, coated and ready to eat...
  • Luminaries of Ireland’s whiskey industry honoured Spread the loveEight Irish whiskey industry figures who have made outstanding contributions to the sector were recognised at the recent Irish Whiskey Association’s Chairman’s Awards ceremony, at the Westin Hotel...
  • Nearly 10% of food goes to waste in the supply chain Spread the loveStock inefficiencies and inventory ‘black holes’ are exacerbating the supply chain crisis for food companies according to new research.  Nearly 10% of stock is lost – either through the 7.1% which is...
  • Bakkavor proposes closure of two UK sites Spread the loveBakkavor, the leading provider of fresh prepared food in the UK, is proposing to close two of its sites – Bakkavor Salads in Sutton Bridge, Lincolnshire, and Bakkavor...

Atria Planning €130 Million Investment Project to Increase Poultry Production in Finland

Atria Planning €130 Million Investment Project to Increase Poultry Production in Finland
October 18
16:37 2019
Spread the love

Atria, which is one of the leading meat and food companies in the Nordic countries, Russia and Estonia, is focusing on the growing its poultry segment and is starting to plan a major expansion in production. According to preliminary estimates, the value of the investment is approximately €130 million. The investment project includes the renovation of existing production facilities and the construction of new production facilities and lines at Atria’s Nurmo plant in Finland.

Consumption of poultry meat has been growing strongly in Finland for several years. Since the beginning of 2019, consumption has increased by about 4% in value. The planned investment project will strengthen Atria’s position as a market leader in poultry products.

“We will initiate the project planning based on preliminary studies. If implemented, the investment would be one of the largest single investment projects in Atria’s history. We have a strong belief in Finnish food production and the fact that the Finnish meat industry will succeed against international competition, as long as we have courage to invest in it,” says Juha Gröhn, chief executive of Atria.

The first step is to start the application process for regulatory approvals and to complete them as soon as possible. After the planning phase, the decision on the implementation will be made. The project is expected to be fully completed by the end of 2024 at the earliest.

Atria been listed on Nasdaq Helsinki since 1991 and its sales exceeded €1.44 billion in 2018.

Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

    Subscribe Here