Nobia

The transfer will involve a one-time cost of approximately €6 million, of which €1 million is non-cash, which will be recognized in Nobia’s second-quarter 2025 results. The transfer to Ølgod is expected to be completed during 2025 and generate annual efficiencies of approximately €4 million.

“While maintaining a Nordic-based production footprint, this move is aimed at strengthening Nobia’s long-term presence and competitiveness in the Finnish kitchen market. The relocation leverages economies of scale and other advantages provided by Nobia’s Nordic supply chain network, including an improved product portfolio,” says Kristoffer Ljungfelt, President and CEO of Nobia.