{"id":52319,"date":"2019-02-07T11:43:49","date_gmt":"2019-02-07T11:43:49","guid":{"rendered":"https:\/\/www.aurivo.ie\/?p=52319"},"modified":"2020-08-25T09:41:26","modified_gmt":"2020-08-25T09:41:26","slug":"2018-a-year-of-achievement-for-aurivo-co-op","status":"publish","type":"post","link":"https:\/\/preview.wileydesign.ie\/preview\/2018-a-year-of-achievement-for-aurivo-co-op\/","title":{"rendered":"2018 \u2013 a year of achievement for Aurivo Co-Op"},"content":{"rendered":"

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07<\/p>\n

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Feb, 2019<\/p>\n

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2018 \u2013 a year of achievement for Aurivo Co-Op<\/p>\n

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In a year marked by ongoing volatility in global dairy markets, which in turn impacted farmers right across the country, 2018 was a year of overall achievement and progress for Aurivo – the globally-focused Agribusiness, headquartered in the North West of Ireland.<\/p>\n

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Commenting, Aaron Forde, CEO of Aurivo said: \u201cBy and large 2018 was a challenging year for the Irish dairy sector – from volatile global markets to adverse weather conditions in Ireland. Against that backdrop however, with an eye to the future, Aurivo strove hard to ensure that it was a year of achievement for the Co-Op. As an innovative multi-purpose Co-Operative, we have a strong ambition to continue to grow a sustainable business that will not only create value for our members but ensure a certain future for our farms, our processes and our communities for generations to come. We look forward to an even more positive year ahead as we continue to expand our business and effectively continue to be one of the strongest member-owned organisations in the country.<\/em>\u201d<\/p>\n

Key achievements in 2018:<\/strong><\/p>\n

Strategy and investment<\/em>
– Aurivo\u2019s focus and achievements in 2018 were grounded by the Co-Op\u2019s Engage 2022 strategic growth plan, which in turn is underpinned by the Group\u2019s \u20ac48 million five-year capital investment programme that was announced in 2018. The ongoing investment programme, designed to enable innovative new product development and to further position the business to meet global demand and anticipated market growth in the years ahead, incorporates a range of projects across the Co-Op including the extensive \u20ac26m upgrade of the Diary Ingredients facility in Ballaghaderreen Co. Roscommon.<\/p>\n

Leadership<\/em>
– Working to deliver on the goals of Engage 2022, Aurivo saw changes to its leadership on its Executive Team with the senior appointments of Sheila Maloney to General Manager of Aurivo\u2019s Agribusiness and Marilyn Phillips to Group Head of HR. Stephen Blewitt in turn was appointed to lead Aurivo\u2019s Dairy Ingredients and Consumer Foods business.<\/p>\n

Supporting farmers<\/em>
– To assist our suppliers with the challenges they were facing in 2018, Aurivo launched the innovative MilkFlex Loan Scheme which offered dairy farmers, flexible, competitively-priced financing.
– With price volatility being a feature of 2017 also, it was gratifying to see that within the KPMG \/ Irish Farmers Journal Annual Milk Price Review announced last July that Aurivo has lead its neighbouring Co-Ops for four of the past five years on milk price.<\/p>\n

Product development<\/em>
– A good example of Aurivo\u2019s ongoing produce development and innovation was the launch in September of Connacht Gold M\u00d3R Milk, a fresh and nutrient-rich whole milk specifically formulated for children from 1-12 years.<\/p>\n

Recognition<\/em>
– Aurivo\u2019s achievements were recognised by a range of awards in 2018: <\/p>\n