Most of the 2,6 billion will remain in Sweden where Europe's largest cottage cheese factory is currently being built. Photo: Fredrik Persson/TT

Arla expands into the EU and Asia

The Swedish-Danish diary cooperative Arla is investing SEK 2,6 billion on expanding their markets in both Europe and Asia. The money will go to improve factories in ten different countries, and to build a new cottage cheese factory in Sweden, news agency TT reports.

Most of the 2,6 billion will remain in Sweden where Europe's largest cottage cheese factory is currently being built.

"We've seen an increased demand of cottage cheese and we're at capacity, so we're building a new factory," says Jörgen Greve, product director at Arla in Sweden.

The single largest investment will end up in Denmark where a lactose-free factory is being built. The factory will produce lactose-free products for growing markets such as the Middle-East and Asia.

Late last year Arla presented a savings package that meant that 360 Swedes lost their jobs, this number has been renegotiated down to 250 since.

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