Norfa Food Retailer Mulls Belarus Expansion

20 Jun 2011 • by Natalie Aster

Norfos mazmena that runs Norfa, one of the biggest food chains in Lithuania, says it is working on a plan to expand to neighbouring Belarus. Belarus is already the third foreign market after Moscow and Latvia on which Norfa has set its eyes. None of the latter, including two attempts in Russia, have been entered although some land leasing issues were being addressed at one point in Latvia.

Norfa would not release more information on the Belarus initiative but adds that it is also already looking at land availability there. The final decision on foreign expansion would be made during this year.

Norfos mazmena posted a 5% fall in turnover last year to LTL 1.26bn and is talking with caution about growth prospects in 2011. The chain counts 122 stores, 15 shops will be opened and renovated this year.

IN BRIEF

Volfas Engelman brewery expands capacity

Finnish Olvi-owned Volfas Engelman beverages maker has for LTL 1.6m acquired and installed four bright beer tanks for 50,000 litres each to be used for beer storage before bottling. The tanks were supplied by Lithuanian Astra.

Carlsberg quiet on new company plans

Danish Carlsberg Group set up a new company in Lithuania in April, Svyturys-Utenos alus Holding. As the Danish brewery's spokesman Jens Bekke explained to news2biz, "there is nothing unusual in setting up a company. Our policy is not to give further details on such matters." Svyturys-Utenos alus is the biggest brewery in the country with less than half of the total market.

The above news abstract has been taken from a bi-weekly newsletter to professionals doing business in Eastern Europe "news2biz – Food and Agriculture".

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