Lango Keeps Increasing the Turnover – in year 2007 by 67%

The leading producer of ready-made and instant food products SIA Lango, has concluded the year 2007 with a turnover of 3 123 286 lats, which exceeds the respective period of the previous year by 67%. These results have been achieved by constant implementation of the strategies and objectives set forth by the company.

Chairperson of the Board of SIA Lango, Andrejs Fraimanis says: “This has been a successful year in development of Lango, and the actual operational results have exceeded the expected by 10%. We have achieved such results, owing thanks to the purposeful investments in creation of the manufacturing unit and in innovative production technologies. It allows making of a delicious, qualitative, and safe product, which is appreciated also by our consumers. In year 2008, we plan to continue our work on improvement of our product assortment, by adding new products and increasing the turnover by 45%.”

During year 2007, the company has invested 290 000 lats, including co-financing of structural funds of the European Union in amount of LVL 86 005.62 within framework of the project “Modernisation of production in accordance with safety requirements”, into equipment and progressive production technologies. It has allowed increasing the manufacturing capacity and offering safe products of unchanging good quality to our consumers. In year 2008, the company will proceed with investments in modern technologies and in increase of labour efficiency.

More about Lango:
Lango is the leading producer of ready-made and instant food products, it was established in year 1992 by the local entrepreneurs. Due to investments in amount of 2.3 million lats, the company has built a new production unit correspondent with the legislation and standards of the European Union, as well as has introduced innovative technologies, which allow for a longer sales period, by adding harmless preservatives. The company produces salads, pancakes, and sandwiches, which are positioned in the following groups – everyday product group and classical product group.

For additional information:
Jolanta Gaudieša
SIA “Lango”
Public Relations Specialist
Tel.: 7847262, mob.: 2 9219704
E-mail: jolanta.gaudiesa@lango.lv