Atria is embarking on two capex projects drawn up to meet what the company says is growing demand for convenience food in Finland and Sweden.
The Finland-based manufacturer is investing in a domestic factory and one across the border in Sweden, the group said today (28 May).
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The larger investment is in Sweden, where Atria is spending around €7m ($8.1m) on a new production line for microwave meals at its plant in Järna, a town south of Stockholm.
In Finland, the company is investing around €1m on its pancake production in Nurmo in the west of the country.
“The investments will increase capacity, support growth and create opportunities for new products, pack sizes and product types,” Atria said in a statement.
A spokesperson for Atria’s Swedish business told Just Food the first products from the new line will be launched next year. Around ten full-time jobs are to be created through the investment, the spokesperson added.
Just Food has asked Atria’s Finnish business for further comment.
Without disclosing figures, the company said its pancakes sales increased by nearly 10% compared with the previous year.
Atria operates through three business divisions to serve particular markets: one each for Finland and Sweden, plus a third covering Denmark and Estonia.
In March, Atria acquired a 25% stake in Swedish convenience food producer Cookin Food Sweden. Atria CEO Kai Gyllström said at the time convenience food “is among the fastest‑growing product categories”, a sector in which the company is targeting “rapid growth”.
Last month, Atria reported a 7.1% rise in first-quarter net sales to €450.3m on the back of growth in Finland and Sweden. Sales from the Denmark and Estonia unit fell.
Last year, Atria generated net sales of €1.81bn, a rise of 3% on 2024. Profit stood at €43.6m, up from €43m a year earlier.
