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Focus: FMCG takes front-seat as Orkla changes CEO

Nordic group Orkla has replaced former CEO Åge Korsvold just two years after he took the helm. With reports of boardroom strife in the Norwe...

2012: M&A revival but caution hinders big deals

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A acti...

Orkla praised for Rieber deal despite high price

Orkla, the Norwegian conglomerate with interests in aluminium and finance as well as pizza and chocolate, wants to focus on consumer goods....

Orkla branded focus "on track", says CEO

Norwegian conglomerate Orkla has said plans to focus on brands are "on track" despite the unit delivering a drop in first-half profits today...

Latest Interviews

just-food interview part 2: Orkla eyes growth 14 Nov 2013

Katy Askew

With a stable of leading brands in the Nordics, Orkla is a regional powerhouse. However, a lack of focus has resulted in a sluggish performance from its food business for a number of years. CEO Age Korsvold intends to reverse this trend and has set out an ambitious plan that he believes will drive top-line growth and improved profitability. Katy Askew found out more.

The just-food interview: Orkla's transformation 13 Nov 2013

Katy Askew

Norwegian conglomerate Orkla has decided to focus on its consumer goods business and is selling off non-core assets that span sectors from energy to finance. The company hopes this new-found clarity will enable it to bring vibrancy to its leading regional food brands. In part one of the just-food interview, Katy Askew spoke to chief executive Age Korsvold to find out more about the strategy.

Latest News

Orkla pumps US$16m into Fredrikstad plant 20 Mar 2015

Hannah Abdulla

Orkla has announced a NOK130m investment in its Fredrikstad plant.

Orkla reports recovery of foods unit in Q4 5 Feb 2015

Hannah Abdulla

Norwegian conglomerate Orkla saw sales and profitability from Orkla Foods, its largest division, improve in the last three months of 2014 "after several weak quarters".

Orkla sells Russian confectionery business 1 Dec 2014

Katy Askew

Orkla has entered into an agreement to offload its Russian confectionery business to Slavyanka-Lyuks, a member of Russian confectionery group Slavyanka, for an undisclosed sum.

Orkla Q3 profits miss analyst forecasts 3 Nov 2014

Dean Best

Norway-based consumer goods group Orkla has reported higher third-quarter profits but earnings missed analyst forecasts amid pressure on the company's foods unit.

Orkla eyes Baltic boost with NP Foods buy 26 Aug 2014

Hannah Abdulla

Norway's Orkla has said it is hoping to boost its presence in the Baltic states with the acquisition of Latvia-based food manufacturer NP Foods Group.

Company research

Orkla Foods Romania SA in Packaged Food (Romania)

Orkla Foods Romania SA in Packaged Food (Romania)

Orkla Foods Romania based its expansion in Romania on a strategy of acquiring leading domestic players. This strategy was followed in establishing a presence in Romania, as well as moving into other u...

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Orkla Foods Romania SA in Packaged Food (Romania)

Orkla Foods Romania SA in Packaged Food (Romania)

Orkla Foods Romania based its expansion on the Romanian market on important acquisitions of main domestic players, which represented the source for entry on the Romanian market, divesting in other unr...

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Orkla Group in Packaged Food (World)

Orkla Group in Packaged Food (World)

In a global sense, Orkla has only a modest presence. However, regionally the company is a leader in a number of packaged food categories. Orkla’s recent acquisition of Rieber & Søn has given it a stro...

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