Investment programme at DKK 1.6 billion
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- 04 October 2002
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Arla Foods’ Supervisory Board this week approved an investment programme of DKK 1,632 million for the coming year. Slightly below last year’s investment budget of DKK 1,732 million, the programme is primarily aimed at increasing capacity and processing.
55% of the programme will be channelled into capacity expansion and enhanced processing facilities while 14% is allocated to efficiency measures. Maintenance accounts for 12% and investments in quality and the environment account for 5% and 4% respectively.
At DKK 534 million, the Production Division received the main share of the new investments with Arla Foods Ingredients taking DKK 437 million. Investments of DKK 197 million and DKK 194 million are planned for the Sweden Division and Denmark Division respectively.
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.