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After Latvia regained its independence in the 1990s, Laima merged with both Uzvara and cookie, wafer, and cake manufacturer
Staburadze to become a single company under the Laima name.
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in
December 2006, the controlling owners decided to once again make the company private, taking it off the market on 13 July 2007. The parent company of Laima was acquired by
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The current company name was adopted in 1925 after a merger with two brothers
Eliyahu and Leonid Fromenchenko (also spelled Fromchenko). In 1933 Eliyahu Fromchenko founded
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233:. Despite the loss of Russian markets, the company maintained its major market position domestically following Latvia's independence in 1918.
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286:. Ownership of Laima is controlled by Nordic Food, owned by local businessman Daumants Vītols. After introducing Laima shares to the
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The company traces its origins to the 19th century when the
Theodor Riegert company was one of the largest confectioners in the
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in Latvia, with L.W. Goegginger (later renamed Uzvara) being the main producer of hard candies.
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365:"Pērn būtiski samazinājies "Laimas" un "Staburadzes" apgrozījums, bet pieaugusi peļņa"
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In 1937, the company was sold to the
Government of Latvia. During both the 1930s and
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The product in Laima's current range with the longest history is the chocolate candy
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that had swum over, presumably from the
Latvian mainland, to the Estonian island.
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Unlike similar regional producers of national brands, such as
Lithuania's
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447:"Orkla expands its Baltic operation by acquiring strong local brands"
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a 40 kg statue of a bear made of chocolate, to commemorate a
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As a publicity gesture, in 2007, Laima gave the inhabitants of
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The murder of the Jews in Latvia: 1941-1945 By
Bernhard Press
412:"Par 'Nordic Food' vienīgo īpašnieku kļuvis Daumants Vītols"
306:, the recipe for which has remained unchanged since 1937.
282:, Laima wasn't bought out by an international player like
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Images of Laima wrapper designs throughout the decades
317:. This is a classic meeting place for people in Riga.
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Daumants Vītols (majority shareholder of Nordic Food)
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629:Food and drink companies established in 1870
604:Food and drink companies of the Soviet Union
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342:List of bean-to-bar chocolate manufacturers
309:In Riga, one of the major landmarks is the
634:Companies nationalised by the Soviet Union
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367:. Kapitāls. 2012-11-23. Archived from
609:Manufacturing companies based in Riga
428:(in German). nov.ost.info. 2007-07-12
7:
477:"Latvia bears giant chocolate gift"
599:Food and drink companies of Latvia
426:"Laima verschwindet von der Börse"
14:
507:(in Latvian, Russian and English)
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624:1870 establishments in Europe
614:Companies established in 1870
475:Sheeter, Laura (2007-04-06).
16:Company based in Riga, Latvia
453:. 2014-09-15. Archived from
193:is the largest producer of
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584:Brand name confectionery
639:European chocolate bars
253:Soviet period in Latvia
255:, Laima was the main
213:and headquartered in
414:. Delfi. 2012-11-23.
619:Chocolate companies
288:Riga Stock Exchange
154:Number of employees
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201:. Its named after
298:Brand recognition
266:Corporate affairs
211:Latvian mythology
205:, the goddess of
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503:Official website
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385:. Archived from
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315:Freedom Monument
294:in August 2014.
227:Baltic Provinces
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141:681.9 Thousand
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59:Theodor Riegert
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495:External links
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389:on 2019-04-21.
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371:on 2013-02-19.
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324:island in the
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589:Soviet brands
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457:on 2016-03-08
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114:7.71 Million
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97:Confectionery
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481:. Retrieved
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459:. Retrieved
455:the original
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430:. Retrieved
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387:the original
383:"BNL viewer"
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369:the original
326:Gulf of Riga
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65:Headquarters
451:Orkla Group
313:, near the
311:Laima Clock
292:Orkla Group
284:Kraft Foods
274:, Sweden's
257:chocolatier
169:Orkla Group
38:Chocolatier
578:Categories
483:2008-02-02
479:. BBC News
461:2014-09-15
432:2008-02-02
348:References
330:brown bear
128:Net income
84:Key people
532:Companies
246:Ramat Gan
568:Business
336:See also
304:Serenāde
93:Products
34:Industry
518:Portals
276:Marabou
229:of the
221:History
175:Website
145:FY 2011
118:FY 2011
103:Revenue
55:Founder
44:Founded
556:Latvia
272:Karūna
242:Israel
199:Latvia
164:Parent
76:Latvia
50:(1870)
48:Latvia
322:Ruhnu
280:Freia
238:Elite
203:Laima
191:Laima
180:laima
20:Laima
544:Food
215:Riga
207:fate
70:Riga
244:at
240:in
209:in
197:in
182:.lv
158:620
139:LVL
112:LVL
580::
449:.
356:^
248:.
217:.
73:,
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435:.
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143:(
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116:(
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