Baltic Dairy Board development plans for year 2017

We inform that:

• In 2016, the company's turnover was 18.5 million EUR, while in 2017 it is planned to increase turnover by at least 50%;
• In 2016, the company has invested 240 thousand EUR in production installations that doubled the total protein production capacity;
• In 2017, it is planned to invest several tens of thousands EUR in modernization of the existing production equipment;
• Within 2-3 years it is planned to increase the number of employees up to 70;
• In 2017, it is planned to increase raw milk procurement up to 50%;
• In 2017, the company will start a new  lactose product production by the assistance of biotechnologies.

         Additional information:          Ilona Kazāka          Member of the board          Phone +371 28344991          e-mail: ilona@bdb.lv