Brief: Atria Makes Investment Of EUR 155 Million To Expand Poultry Production

Atria Oyj

21/10/2020 12:04

Oct 21 (Reuters) - Atria Oyj  ATRAV.HE :
    * ATRIA MAKES THE LARGEST INVESTMENT IN ITS HISTORY - €155
MILLION
TO EXPAND POULTRY PRODUCTION
    * INVESTMENT INCLUDES NEW SLAUGHTERING, CUTTING AND
PACKAGING
LINES
    * INVESTMENT WILL INCREASE POULTRY PRODUCTION CAPACITY BY
APPROXIMATELY 40%
    * NEW PLANT WILL HELP CO MEET GROWING CONSUMER DEMAND, AND
WILL
STRENGTHEN ATRIA'S POSITION AS MARKET LEADER FOR POULTRY
PRODUCTS IN FINLAND
    * NEW PLANT AND INCREASED CAPACITY WILL ENABLE ATRIA TO
INCREASE
ITS EXPORTS OF POULTRY PRODUCTS
    * PLANT WILL BEGIN AS SOON AS POSSIBLE WITH AN ESTIMATED
COMPLETION DATE OF 2024 AT EARLIEST
    * CONSTRUCTION WORK ON NEW PLANT WILL BEGIN AS SOON AS
POSSIBLE
AND IS EXPECTED TO BE FULLY COMPLETED BY 2024 AT EARLIEST

Source text for Eikon:  ID:nWkrbzrt8N 
Further company coverage:  ATRAV.HE 

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