Rakvere meat plant sees profits soar, set to expand production

Aug 09, 2006
From wire reports

TALLINN - Rakvere Lihakombinaat (Rakvere Meat Factory), the Baltics' largest meat processor with production facilities in all three countries, announced this week that first-half 2006 earnings totaled 81.3 million kroons (5.2 million euros), up 72 percent year-on-year. The group's six-month turnover totaled 802.9 million kroons, an increase of nearly 13 percent year-on-year. Out of that, 511 million kroons came on the Estonian market, 152 million kroons from Latvia, 92 million from Lithuania and ...

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