Company briefs

  • 2013-10-03

Dairy conglomerate Food Union sold more than 3,600 tons of ice cream during the summer season (May-August), 4 percent more than planned and 21 percent more than last year, Nozare.lv was told by the company’s representative, Dmitrijs Dokins. Sixty-nine percent of Food Union ice cream was sold in Latvia; 31 percent was exported to Russia, Lithuania, Estonia and other countries. Demand grew for all brands. Ekselence and Pols were the main driving forces behind the company’s sales this summer. The company invested 900,000 lats (1.2 million euros) in improving its ice cream products this year. The company employs 800 persons, with revenue of around 70 million lats this year.

On Sept. 27, a cornerstone was laid for a new business class airplane maintenance complex at Tallinn Airport. It will be rented by business jet aviation company Panaviatic, reports Public Broadcasting. The heated hangar with space of over 5,000 m2 will accommodate 10 medium-sized business jets, along with one Boeing 737-sized plane. The maintenance complex will be built by the Tallinn Airport, with investment amounts of nearly 5 million euros. “There aren’t enough similar hangars in Europe, thus we won’t have to complain about a shortage of clients,” said Panaviatic council chairman Juri Pihl, adding that the complex will service clients in the radius of 3,000 km, mostly business jets. The company operates six Bombardier Learjet type planes currently but plans to expand the fleet.