23.01.2020,
5499 Zeichen
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
Investment of EUR 2.6 million in France: The opening of a new development centre for fruit preparation in Mitry-Mory\nEUR 800,000 for the expansion of the Austrian research centre ARIC in Tulln\nNew Products/Company Information
Vienna -
* Annual R&D expenditures totalling around EUR 20 million
AGRANA, one of the leading food and industrial goods groups from Austria, is
increasing its focus on innovations and investing around EUR 3.4 million at two
R&D sites in France and Austria this year. The annual R&D expenditures of the
AGRANA Group amount to around EUR 20 million. AGRANA employs a total of
approximately 300 personnel in the area of research and development.
In a highly competitive environment, the strategic objective of AGRANA is to
differentiate itself from competitors by means of new product developments in
its fruit, starch and sugar business segments.
Fruit preparations: new development centre in France
For its fruit preparations business, AGRANA maintains 17 development centres
around the world which work on new formulations, special ingredients and raw
materials as well as new application areas for existing products. Five of these
so-called New Product Development Centres are located in Europe, namely in
Gleisdorf (Austria), Ostroleka (Poland), Serpukhov (Russia), Vinnytsia (Ukraine)
and in Mitry-Mory (France), where the development centre has recently been
upgraded for EUR 2.6 million, including the addition of 700 m2 of laboratory
space (see image).
"AGRANA is the global market leader in fruit preparations. That's why it is
important to be an innovator and not a market follower with me-too products. In
our role as a first mover in regional markets, we try to pick up on new
development trends as early as possible. We develop products in close
collaboration with our customers in order to reflect local market requirements
and these latest trends. Our global network of product developers enables us to
launch over 1,000 new fruit preparation products on the market every year",
explains AGRANA CEO Johann Marihart.
In response to specific regional demands and the latest nutritional trends, the
portfolio of fruit preparations ranges from top quality fruit purées and
inclusions for dairy products, ice creams and bakery products to the latest
solutions for plant-based spoonable and drinkable yoghurt products. In addition
to fruit preparations, AGRANA also offers brown flavours such as caramel, coffee
or vanilla as well as products with inclusions (e.g. chocolate balls).
EUR 800,000 invested in expansion of the AGRANA Research & Innovation Centre
(ARIC) in Tulln
The AGRANA Research & Innovation Centre (ARIC) in Tulln is the main research and
development subsidiary within the AGRANA Group. On an area of around 4,000 m2 at
ARIC, 85 employees work on research projects related to fruit, starch and sugar.
ARIC is currently undergoing expansion work, with the aim being to create a
further 300 m2 for research purposes by the end of the year. The investment
volume amounts to EUR 800,000.
In its fruit segment, AGRANA conducts research into the development of
innovative natural stabilisers for fruit preparations as well as processes for
sensitively handling fruit ingredients. The aim is to optimally maintain the
natural properties of the fruit.
In the starch segment, AGRANA works in accordance with its specialities strategy
on the development of special applications. Current focus areas related to food
starches, for example, include the development of organic and clean-label
products which have not been chemically modified. In the case of technical
starches, the focus is on the development of special starches, such as those for
use in tile adhesives or green glues as alternatives to synthetic adhesives, as
well as on compostable starch-based films.
In the sugar segment, the focal point of work ongoing is on the development of
new, environmentally-friendly and energy-saving processes and process steps in
the area of production as well as on maximising the efficiency of sugar beet
utilisation and the optimal exploitation of by-products, such as extracting
betaine.
About AGRANA
AGRANA adds value to agricultural commodities to produce top quality foodstuffs
and numerous industrial upstream products. Around 9,600 personnel working at 57
production facilities worldwide generate consolidated annual revenues of around
EUR 2.4 billion. The Group was founded in 1988, is the global leader in fruit
preparations and also a major producer of fruit juice concentrates in Europe as
well as being a key manufacturer of customised starch products and organic
ethanol in its Starch segment. AGRANA is also one of today's leading sugar
companies in Central and Eastern Europe.
This press release is available in German and English at www.agrana.com [http://
www.agrana.com/].
end of announcement euro adhoc
Pictures with Announcement:
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http://resources.euroadhoc.com/images/2118/5/10400481/Opening...
issuer: AGRANA Beteiligungs-AG
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
phone: +43-1-21137-0
FAX: +43-1-21137-12926
mail: info.ab@agrana.com
WWW: www.agrana.com
ISIN: AT000AGRANA3
indexes: WBI
stockmarkets: Frankfurt, Stuttgart, Wien, Berlin
language: English
Digital press kit:
http://www.ots.at/pressemappe/4/aom
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1.
Der Agrana-Kurs korreliert mit den Zuckernotierungen.
Hannes Haider, Investor Relations Agrana
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