June 26th, 2007
Atria centralises its Baltic countries production in Estonia. Production plant in Lithuania will be closed
Atria Group centralises Atria Baltia's production operations in the Valga factory in Estonia. The operation of a production plant in Vilnius will be stopped and the factory closed at the latest on 31 August 2007.
Atria's operation in Lithuania has been unprofitable and the market share is too little (approximately 3%). In connection with closing the operations, 139 employees will be given notice in the Lithuanian factory. Production will continue no further than the end of August, and the orders made before the end of June will be delivered to customers as agreed. The factory real estate in Vilnius is in the property of Atria. Atria is searching for an opportunity to sell the real estate and the land area connected to it. The closing of the factory causes a one-time payment of approximately two million euro.
Atria Group Plc is a strongly internationalising food-processing company. Atria was Finland's largest meat processor in 2006 in terms of turnover and one of the industry's leading companies in the Nordic countries, Russia and the Baltic countries. The Atria Group´s turnover in 2006 was approximately EUR 1,103 million. The Atria Group employs approximately 6,500 people. The largest production companies within the Atria Group are Atria Finland Ltd, Atria Sverige AB, Sardus AB, OOO Pit-Product, AS Valga Lihatööstus and UAB Vilniaus Mesa. Listed on the Helsinki Stock Exchange, Atria Group Plcs roots go back to the year 1903, a time when its oldest owner cooperative was founded.
Matti Tikkakoski, President and CEO of Atria Group, tel. +358 50 2582 and
Juha Ruohola, Group Vice President, Atria Russia&Baltic Countries, tel. +358 400
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