Tag Archives: Peter A. Ruzicka

Hydro to purchase Orkla’s 50% interest in Sapa

Orkla and Norsk Hydro (“Hydro”) have entered into an agreement whereby Hydro is to purchase Orkla’s 50% interest in Sapa. The sale is in line with Orkla’s strategy of being a leading branded consumer goods company.  OSLO, 11-Jul-2017 — /EuropaWire/ … Read the full press release

Orkla Q1-2016: operating profit increased by 13%

OSLO, 03-May-2016 — /EuropaWire/ — Orkla’s operating profit (EBIT adj.) increased in the first quarter of 2016 by 13%, to NOK 817 million. Branded Consumer Goods continued to deliver improved results. Pre-tax profit rose by 57%, to NOK 1,251 million, … Read the full press release

Orkla entered into agreement to sell OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC

Orkla has entered into an agreement to sell OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC, a member of the Russian confectionery group Slavyanka. OSLO, 2-12-2014 — /EuropaWire/ — Under the agreement, Orkla will divest 100 per cent of its shares … Read the full press release