Orkla Foods Romania acquires Ardealul
Ardealul reported about NOK 83 million (EUR 10 million) in net revenues in 2004 and employs nearly 200 people. "The acquisition is in line with Orkla's long-term strategy for growth in the region," says Knut Johannessen, managing director of Orkla Foods International. "Ardealul is a well-run business in an interesting sector for Orkla," says Aliz Kosza, Chief Executive Officer of Orkla Foods Romania. Ardealul was established in the Romanian market in 1994, as a brand and as a company. The company has a modern production technology. All the facilities and conditions meet the