Market announcement

AS PRFoods

LEI code

529900PFXFO2ZDCRNK93

Size of the entity

Medium group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

2792

Submission date and time

30.06.2010 09:14:24

Content of announcement in Estonian

Title

AS Premia Foods ja kindlustusselts Fennia sõlmisid kokkuleppe tulekahjuga seotud kahjude hüvitamiseks

Message

AS Premia Foods ja kindlustusselts Fennia sõlmisid kokkuleppe tulekahjuga
seotud kahjude hüvitamiseks 

28. juunil 2010.a. sõlmisid AS Premia Foods tütarettevõte Heimon Kala Oy ja
kindlustusselts Fennia kokkuleppe 20. mail 2010.a. Heimon Kala Oy Uusikaupunki
tootmisüksuses toimunud tulekahju tekitatud kahjude hüvitamiseks summas 2,9
miljonit eurot. 

Eelnimetatud summa katab otsese varakahju taastamisväärtuses summas 1,2
miljonit eurot ning ärikatkemis- ja tööjõukulude kindlustuse summas 1,7
miljonit eurot.  Kokkuleppest tulenevalt saab Heimon Kala Oy teises kvartalis
erakorralist tulu orienteeruvalt  2,2 miljonit eurot. 

Heimon Kala Oy Uusikaupunki tsehhi tootmishooned olid võetud rendile ning
ettevõttele kuulus vaid tootmiseks vajalik sisseseade. Uusikaupunkis valmisid 
suitsutatud kalatooteid peamiselt Soome turu tarbeks. AS-i Premia Foods peamine
kalatootmisüksus, kus toodetakse kalatooteid nii Soome kui Baltikumi turu
jaoks,  asub Eestis Saaremaal. 

Tulekahju mõju AS-i Premia Foods konsolideeritud majandustulemustele ei ole
oluline, kuna seoses tootmise ja müügiportfelli ümberkorraldamisega on hetkeks
taastatud ca 75 % tulekahjueelsetest müügimahtudest ning neljanda kvartali
alguseks jätkub müük eeldatavasti täiemahuliselt vastavalt plaanile. 


Lisainfo:

Andri Avila
CFO
AS Premia Foods
Tel: +372 6 033 800
E-post: [email protected]
http://www.premiafoods.eu

Content of announcement in English

Title

AS Premia Foods and insurance company Fennia signed an agreement to indemnify the damages of the fire

Message

AS Premia Foods and insurance company Fennia signed an agreement to indemnify
the damages of the fire 

On June 28th, 2010, Heimon Kala Oy, the subsidiary of AS Premia Foods and
insurance company Fennia signed the agreement about the reimbursement of the
damages caused by the fire in the production unit of Heimon Kala Oy in
Uusikaupunki on May 20th 2010 in the total amount of 2,9 million EUR. 

The above amount will cover all direct damages to the property and inventory in
the total amount of ca 1,2 million EUR and business interruption and labor cost
in the total amount of ca 1,7 million  EUR.  As the result of the transaction,
Heimon Kala Oy will have extraordinary income of approximately 2,2 million EUR
in the 2nd quarter 2010. 

Heimon Kala Oy operated in rented premises in Uusikaupunki, the equipment was
in the ownership of the company.  The production unit in Uusikaupunki produced
mainly smoked fish products for Finnish market.  The main fish production unit
of AS Premia Foods is located in Saaremaa, Estonia. 

The total effect of the fire on the consolidated financials and operations of
AS Premia Foods in not material.  Due to the changes made in the product
portfolio and production processes, the current sales volume is about 75% of
the pre-fire period and the full capacity is planned to be reached by the
beginning of 4th quarter 2010. 


Additional information:

Andri Avila
CFO
AS Premia Foods
Tel: +372 6 033 800
E-post: [email protected]
http://www.premiafoods.eu