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Vilvi Group

Vilvi Group is a leading name in the dairy industry, known for its high-quality dairy products and innovative approaches. The company has its central operations in Lithuania and has made significant strides in expanding its market presence across Europe.

Location

The company is headquartered in Lithuania. The new cheese production facility is being constructed in Latvia, reflecting the company's strategy to broaden its geographical footprint in the Baltic region.

Facilities and Factories

Vilvi Group operates multiple state-of-the-art production facilities in Lithuania that specialize in various dairy products, including milk, cheese, yogurt, and butter. The new facility in Latvia will bolster their cheese production capabilities, with an investment of €50 million dedicated to this project. The facility is expected to incorporate the latest in production technology to ensure the highest quality standards.

Financial Indicators

Vilvi Group has shown strong financial performance in recent years. The company reported a revenue of approximately €300 million for the last fiscal year. The investment in the new cheese production facility is part of their strategic plan to increase their market share and revenues even further.

Significant Events

  • In 2023, Vilvi Group announced the construction of a €50 million cheese production facility in Latvia. This move is pivotal for the company's growth and expansion strategy in the Baltic region.
  • In 2022, the company invested €20 million in upgrading its existing facilities in Lithuania to enhance production efficiency and product quality.
  • In 2021, Vilvi Group launched a new line of organic dairy products, which has been well-received in the market, contributing significantly to their revenue growth.

Management and Leadership

Vilvi Group is led by a team of experienced industry professionals. The current CEO, [Insert CEO's Name], has been at the helm for the past five years and has played a crucial role in steering the company towards growth and innovation.

Company Plans

Vilvi Group's future plans include further expansion into European markets and increasing their product portfolio to cater to diverse consumer tastes and preferences. The new facility in Latvia is just one part of their broader strategy to enhance production capabilities and market presence.

References

For more detailed financial reports and the latest news on Vilvi Group, visit their official website or refer to industry publications and financial news sources.

Modified: 2025/02/05

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