ORKLA

Orkla is a leading supplier of branded consumer goods and concept solutions to the grocery sector, out-of-home sector and bakeries with its main markets in the Nordics and the Baltics. The Group also holds good positions in selected product categories in Central Europe and India. The Branded Consumer Goods business comprises four business areas: Orkla Foods, Orkla Confectionery & Snacks, Orkla Home & Personal and Orkla Food Ingredients. Orkla also has operations organised under the Orkla Inv... estments business area, which consists of Hydro Power, real estate and financial assets, in addition to the Group’s investments in Sapa (JV) (50% interest) and Jotun (42.5% interest). Orkla ASA is listed on the Oslo Stock Exchange and is headquartered in Oslo. As of 31 December 2014, Orkla had approximately 13,000 employees. The Group’s turnover in 2014 totalled NOK 30 billion. Orkla Foods comprises Orkla’s ten food businesses in the Nordics, Baltics, Austria, the Czech Republic and India. The companies in this business area are Orkla Foods Norge, Orkla Foods Sverige, Orkla Foods Danmark, Orkla Foods Finland, Põltsamaa Felix in Estonia, Spilva in Latvia, Suslavicius-Felix in Lithuania, Felix in Austria, Vitana Group in the Czech Republic and MTR Foods in India. Cost synergies in connection with the integration of Rieber & Søn were realised as planned in 2014. Major redesign projects were also initiated to reduce the complexity of the manufacturing structure. To optimise and increase the efficiency of the sales function and make Orkla an even better partner for the retail trade, several companies reorganised their external sales force.More