Investment budget of DKK 1.7 billion
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- 08 October 2001
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On Tuesday, Arla Foods Supervisory Board approved an investment budget for the coming dairy year of DKK 1.732 billion. Last year the budget totalled DKK 1.678 billion.
The amount is primarily earmarked for expanding capacity and increased volumes of added value products, which account for 39% of next year’s investments.
Further rationalisation accounts for a further 23% while production plant and equipment account for 16 %. Investments in quality and in the environment amount to 6% and 5% respectively.
The Production Division accounts for the largest share, i.e. DKK 550 million, while investments in modern powder towers will amount to DKK 453 million. With DKK 244 million Sweden Division has the third largest investment allocation.
Arla Foods is an international dairy company owned by 9,700 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxembourg and the Netherlands. Arla Foods is one of the leading players in the international dairy arena with well-known brands like Arla®, Lurpak®, Puck® and Castello®. Arla Foods is focused on providing good dairy nourishment from sustainable farming and operations and is also the world's largest manufacturer of organic dairy products.