Tag Archives: Peter A. Ruzicka

Orkla welcomes new president and CEO, Jaan Ivar Semlitsch

(PRESS RELEASE) OSLO, 5-Jun-2019 — /EuropaWire/ — Orkla announces the appointment of Jaan Ivar Semlitsch (47) as new president and CEO. He will take up his new position by 1 December at the latest. Orkla Board Chairman Stein Erik Hagen … Read the full press release

Orkla makes the Corporate Knights Global 100 index for the first time

Orkla is included in the Corporate Knights Global 100 index of the world’s most sustainable companies, which was presented at the World Economic Forum in Davos on 23 January. OSLO, 23-Jan-2018 — /EuropaWire/ — The index is a ranking of … Read the full press release

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