The expansion of bakery and exploration of export markets
LATVIJAS MAIZNIEKS has started expanding of its production facility and intends to spend 987 000 euro on the project of new ciabatta production line. The bakery’s expansion has to be completed by the second quarter of 2018. A new ciabatta production line, which Latvijas Maiznieks plans to purchase for EUR 2.8, will be installed in the new premises.
Latvijas Maiznieks has also been busily exploring potential export markets and negotiating new business contracts in various countries, Daude said. At present, the company is participating one of Europe’s largest food industry fairs, Anuga, to meet with potential clients. “Export volumes are growing and the growth is expected to pick up in 2018 when we launch our new ciabatta line,” said Māris Daude, a head of Sales and Marketing department.