Finnish food company Atria has penned a contract to start trading large volumes of pork with China, a milestone the meat processor’s CEO described as “historic”.
Finnish meat processor Atria plans to invest significantly in Lagerbergs to boost production and implement sweeping improvements to the company it acquired in April.
Finnish meat processor Atria plans to move into the Swedish poultry industry with the acquisition of Lagerberg – Sweden’s third-largest chicken supplier, according to Atria.
Finland’s Atria is pushing ahead with plans to reduce its cost base in the face of lower revenues that are mainly being generated due to lost meat trade with Russia, following European Union (EU) and Russian tit-for-tat sanctions over the Ukraine crisis.
A leading international meat processor announced today that it will “discontinue” its primary pork production in Russia and all other production operations in Moscow.
Major Finnish meat company Atria has signed a preliminary agreement to purchase meat slaughtering, meat cutting and meat procurement operations from another Finnish meat business.
Finnish group Atria is to become the first western company in the Lithuanian meat products market with the acquisition of a stake in local producer Saltuva.
