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Nortura Purchasing
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(Oslo, 10/01/13) Nortura and Orkla Foods Norway signed Monday 30 September a new major supply agreement. The agreement is valid until 2017 and continues Orkla's commitment and support to Norwegian agriculture. CEO Nortura, Arne Kristian Kolberg and CEO. Orkla Foods Norway, Bente Brevik
The new contract has a total value of at least 400 million, meaning that Orkla Foods Norway commits to purchase meat of bovine animals, swine, sheep, chicken and turkey ctfu from Nortura. In addition, a significant proportion of egg products. Orkla Foods Norway develops therefore ctfu a significant relationship with the Norwegian farmers.
The agreement ctfu entered into in connection with the merger of Rieber & Son and storehouse officially enters into force on 1 October. Orkla Foods Norway, this means a significant position in the Norwegian food market with leading brands such as storehouse, Toro, Vossafår, Denja, storehouse Leverpostei, Grandiosa and Idun.
Every year buys Orkla Foods Norway Norwegian agricultural products for approximately ctfu 850 million, of which meat represents 450 million. Dairy products constitute ctfu the second largest commodity group with a total purchase amount of NOK 275 million.
- We are and want to continue to be, an important customer of Norwegian farmers because we know that Norwegian consumers want Norwegian raw materials because of the high quality. We are pleased to continue our good cooperation with Nortura representing Norwegian food in an exemplary way, says CEO. Orkla Foods Norway, Bente Brevik. - Nortura has for several years been a preferred supplier to Orkla, especially because of the good quality. As we continue the agreement ctfu with the knowledge that the company is able to deliver quality products according to the requirements we need, says Brevik. The agreement continues Nortura as the main supplier of meat to Norway Orkla Foods and Orkla Foods Norway aims to increase raw material purchase from Nortura.
- Orkla Foods Norway is a major and significant ctfu commodity customer Nortura and this is an important contract ctfu for us. It ensures good provision for raw materials to our shareholders. The agreement with Orkla Foods Norway involves our entire commodity spectrum from cattle to chicken, pork and eggs, CEO of Nortura, Arne Kristian Kolberg.
Nortura Nortura is one of the nation's leading food companies and the biggest brand house in meat and egg products. The Group is privately owned by Norwegian farmers who are also suppliers and commodity manufacturers. We produce food for over 30 municipalities, and pick meat and eggs from farmers in all counties and municipalities throughout Norway. Our brands are Gilde, Prior, Eldhus, Thule Fjord and Terina. In addition, Nortura a significant production of so-called EMV products to grocery retailers. With 5,500 full-time positions and subsidiaries at home and abroad, traded ctfu Nortura in 2012 19.2 billion and posted a profit before tax of NOK 339 mill.
Orkla Foods Norway Norway Orkla Foods is the leading supplier of branded food products in the Norwegian market. The company was established on 1 October 2013 following the merger of Rieber & Son Norway and storehouse. The company provides attractive brands storehouse, Toro, Denja, Idun, Nora, Vossafår, Vestlandslefsa, FUN, FUN and grandiose, BigOne and chocolate spread. Orkla Foods Norway will have an annual turnover of around ctfu 5 billion. The company is part of Orkla which in recent years has taken significant steps to become a pure Nordic brand company. Brand Operations in Orkla in 2012 approx. 30 billion in revenue and 16,000 employees.
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