Klaipėdos konditerija AB

In 2001 Invalda acquired the controlling interest of the candy manufacturer Klaipedos Konditerija AB for EUR 0.7 million. Four years later for an additional investment of EUR 0.6 million, Invalda's shareholding in the company was increased to 100 %.
The range of production of Klaipedos Konditerija included in excess of 50 types of confectionary products, the company's daily output - ten tons of different sorts of caramel, dragee and jelly candies. Klaipedos Konditerija production was exported to Latvia, Estonia, USA, Sweden and Japan. The production facilities of Klaipedos Konditerija were located in the centre of the port city, occupying an area of 52 ares on Turgaus Street. A thorough assessment of a long-term prospect suggested that any further development of production in the location was not expedient; besides, the premises used were obsolete and did not meet hygiene requirements. Therefore, Invalda passed the decision to move the production facilities of Klaipedos Konditerija to an industrial region, while the plot of land of 0.5 ha in area in the central part of the city was then acquired by Invalda Group where it launched the project for the construction of a complex total in excess of 2.000 square metre in area.
Late in 2006 all shares of AB Klaipedos Konditerija were sold to the largest in the Ukraine confectionary producer the Roshen corporation for EUR 2 million.