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Eastern European Markets

PRESS RELEASE
April the 21st, 2013

Altia combines its production in the Baltics

Finnish Altia has decided to combine the production of alcoholic beverages of “Jaunalko” SIA to its bottling plant in Tabasalu, Estonia as of September, 2013 in order to have one united production unit in the Baltics. The decision to combine the production of the Latvian and Estonian brands into one is also in line with Altia’s overall strategy to achieve cost efficiency.

Production unit in Tabasalu is one of the biggest producers of alcoholic beverages in Estonia with solid experience and knowledge to meet consumer preferences, up to date equipment and Altia ERP system. The plant produces well-known brands for both domestic and export markets.’

Altia’s common goal is to achieve cost leadership in production, logistics and sourcing within its operating area. In addition to the specialization of the plants, cost-effectiveness is also sought by combining operations.

Altia, the leading alcohol beverage company in the Nordic and Baltic countries, acquired majority interest of SIA Jaunalko in September, 2012. The number of employees is 26.

www.altiacorporation.com


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