Premia Foods is set to end a three-year new-issue drought on the Nasdaq OMX Tallinn bourse with an initial public offering. Premia chairman Kuldar Leis says the company has sent all the necessary documentation to the financial market authorities and so could list as early as this month. Electricity company Eesti Energia could follow soon after by floating a 33% stake in June.
Premia is the largest producer of frozen foods in the Baltic states, with a product range that spans frozen pizzas, fruit and vegetables, fish and ice cream. It is the result of a multiple merger in January 2009 that created...
