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Ceturtdiena 18.10.2018 | Name days: Rolanda, Rolands, Ronalds, Erlends
LatviaLatvia

Aldaris partially relocates production to neighbouring countries

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUConcentrating on the production of exclusive brands of beer, Aldaris’ production of plastic beer bottles will be relocated to Carlsberg subsidiaries in Lithuania and Estonia, says the company’s Chairman Veli Pekka Tennila.

Because of the decision to narrow the range of its products, Aldaris will lay off 59 workers. The company will allocate more than LVL 1 million on different support programmes and compensations for them.

“Even though workers can choose equal opportunity jobs in other companies, we will pay them compensations and provide different social benefits and training initiatives. The total planned budget for these programmes exceeds LVL 1 million,” – Tennila notes.

Head of the company’s trade union Inga Ozola admits – an agreement has been reached in regard to compensations that complies with the trade union’s requirements.

“Workers need to decide for themselves what they want to do, because they will be offered equal opportunity jobs in other companies. We had agreed with the management that the most important thing in this situation is to provide new jobs, social benefits and different training opportunities,” – Ozola said.

When discussing Aldaris’ business plan, the company’s head said that Aldaris will concentrate on the production of exclusive brands of beer and innovations – plastic beer bottle production. Plans also include the relocation of production to other countries.

“Production will be relocated to Lithuania and Estonia. Only the production of high quality and high VAT value beer brands will remain in Riga. Thanks to LVL 2.1 million worth of investments in Aldaris’ historic brewery, the company will have the most technologically advanced equipment in the Baltics. This means it will be possible to seek different creative solutions for the production of high quality beer brands in Riga. The exclusive beer brand sector in Latvia already holds 14% of the country’s beer market. We plan to increase this even more,” – Tennila says.

As noted in the company, contributions to the state budget will not change in the near future. An average of EUR 17 million per year. This is mostly due to the increase in corporate income tax contributions, which will be compensated by labour tax reduction.

Ref: 102.109.109.9127


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