Fazer Adjusts Operations at Vantaa Bakery

Total Page：16

File Type：pdf, Size：1020Kb

Fazer adjusts operations at Vantaa bakery The collaboration negotiations at Fazer’s Vantaa bakery has ended. Fazer will make structural and operational changes at the Vantaa bakery, due to a need to adjust operations to the changing market situation and secure the competitiveness of the bakery business in the future as well. The changes will lead to the discontinuation of 40 positions. ʻThe market situation continues to be even more challenging than predicted, and there has been a significant change in consumer behaviour. We must constantly develop our operations to be able to secure our future competitiveness’, says Managing Director of Fazer Bakery Finland Markus Hellström. Bread consumption is declining in Finland. Out of total consumption, the share of bakeoff goods is growing and the share of pre-packed bakery products is declining. The share of import has grown significantly. Production volumes have gone down at the Vantaa bakery and, consequently, there is less work in the bakery. Fazer will make structural and operational changes to adjust operations at the Vantaa bakery. The changes will lead to the discontinuation of 40 positions. In connection to this, 16 persons have announced their will to retirement. Initially, Fazer had estimated a need to terminate 45 work assignments, at the most. The collaboration negotiations concerned 270 employees. ʻWe will support those whom the termination of employment affect. We want to further their chances of finding new employment, even at the moment Fazer has open positions in its bakeries and in the other companies in the Group. We will also liaise with the local employment administrations’, says Markus Hellström. Fazer’s bakeries are located in Vantaa, Järvenpää, Lahti, Lappeenranta and Oulu. In addition, Fazer has 43 in-store bakery shops where bakers bake bread every day. Over ninety-five per cent of Fazer’s bakery products sold in Finland is produced in Finland. Fazer employs 6,300 people in Finland, of whom 1,500 work for Fazer Bakery. Contacts from the media: Vice President, Communications Leena Majamäki, Fazer Group, tel.: +358 40 585 1585 Emails are in the form firstname.lastname(at)fazer.com Fazer Group Fazer is an international family-owned company offering quality bakery, confectionery, biscuit and grain products as well as food and café services. Fazer operates in eight countries and exports to more than 40 countries. Fazer’s mission is to create taste sensations. The company’s success, ever since its establishment in 1891, has been based on the best product and service quality, beloved brands, the passion of its skilful people and the company’s responsible ways of working. The goal is to share the taste of good life every day. Fazer Group’s net sales in 2014 amounted to more than 1.6 billion euros and the company has over 15,000 employees. Fazer’s operations comply with ethical principles that are based on the Group’s values and the UN Global Compact..

Copy Link

Recommended publications

Fazer Group's Annual Review 2019
Fazer Group’s Annual Review 2019 Contents Year in brief � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 3 Core goal 1 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 37 A company on the move � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 4 Core goal 2 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 39 Key figures 2019, continuing operations � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �7 Core goal 3 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �41 Highlights in 2019 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 8 Core goal 4: � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 44 For people � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 46 For businesses � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
[Show full text]
Yearbook 07-08 1.Indb
85 Finnish Yearbook of Population Research 43 (2007–2008), pp. 85–114 Economy, Ethnicity and International Migration. The Comparison of Finland, Hungary and Russia1 ANNIKA FORSANDER, Ph.D., Director of immigration affairs City of Helsinki, Finland PERTTU SALMENHAARA, L.Soc.Sc., Ph.D. Student, University of Helsinki ATTILA MELEGH, Ph.D., Senior researcher Demographic Research Instititute, Hungarian Central Statistical Ofﬁ ce ELENA KONDRATEVA, Ph.D., Researcher, Siberian Center for Applied Research in Economics, Russian Academy of Sciences Abstract The focus of this paper is to compare present migration situation, history, economy and migration regulation in an European Union country (Finland), and, an EU accessing country (Hungary) and a major non - EU country (Russia). Our material and methods base on literature survey, policy analysis and analysis of the existing statistics and legislation. The results show that even in the era of globalisation that is often claimed to erode states’ regulatory power over the ﬂ ows of capital and people, some regulatory power still exists. Instead of developing their policies in accordance with the largely self-regulating migration process, according to our data, the countries sought to regain political control through reproducing economic, ethnic and national hierarchies. Keywords: Hungary, Russia, Finland, international migration, social structure, the economy, embeddeddness, migration policy Introduction The focus of this paper is to compare present migration situation, history, economy and migration regulation in an European Union country (Finland), and, at the time of analy- sis, an EU accessing country (Hungary) and a major non - EU country (Russia). 1 This paper is a revised version of a working paper with the same title (Melegh et al, 2004).
[Show full text]
Transnational Finnish Mobilities: Proceedings of Finnforum XI
Johanna Leinonen and Auvo Kostiainen (Eds.) Johanna Leinonen and Auvo Kostiainen This volume is based on a selection of papers presented at Johanna Leinonen and Auvo Kostiainen (Eds.) the conference FinnForum XI: Transnational Finnish Mobili- ties, held in Turku, Finland, in 2016. The twelve chapters dis- cuss two key issues of our time, mobility and transnational- ism, from the perspective of Finnish migration. The volume is divided into four sections. Part I, Mobile Pasts, Finland and Beyond, brings forth how Finland’s past – often imagined TRANSNATIONAL as more sedentary than today’s mobile world – was molded by various short and long-distance mobilities that occurred FINNISH MOBILITIES: both voluntarily and involuntarily. In Part II, Transnational Influences across the Atlantic, the focus is on sociocultural PROCEEDINGS OF transnationalism of Finnish migrants in the early 20th cen- tury United States. Taken together, Parts I and II show how FINNFORUM XI mobility and transnationalism are not unique features of our FINNISH MOBILITIES TRANSNATIONAL time, as scholars tend to portray them. Even before modern communication technologies and modes of transportation, migrants moved back and forth and nurtured transnational ties in various ways. Part III, Making of Contemporary Finn- ish America, examines how Finnishness is understood and maintained in North America today, focusing on the con- cepts of symbolic ethnicity and virtual villages. Part IV, Con- temporary Finnish Mobilities, centers on Finns’ present-day emigration patterns, repatriation experiences, and citizen- ship practices, illustrating how, globally speaking, Finns are privileged in their ability to be mobile and exercise transna- tionalism. Not only is the ability to move spread very uneven- ly, so is the capability to upkeep transnational connections, be they sociocultural, economic, political, or purely symbol- ic.
[Show full text]
Quick and Easy Testing for a Finnish Confectionary
CASE STUDY Quick and easy testing for a Finnish Confectinary Fazer Group, one of the largest Finnish food busy times of the year, Easter and Christmas, they may corporations, was started in 1891 by Karl Fazer, run up to five production shifts. For the Easter holiday, the son of Swiss furriers who decided to become a they make special pastel colored candies and begin confectioner. The now famous blue and gold wrapper their preparation in December of the previous year. covering Fazer™ milk chocolate first appeared in 1922. Preparation for the Christmas holidays begins in August Today, the company employs 10,000 people in Finland, when they determine how the package design will be Sweden, Denmark, Norway, the UK, and Russia with changed for the holiday season. Development for a new three factories in Finland. Chocolate is manufactured in candy takes one and a half years primarily because their Vantaa, sugar confections in Lappeenranta, and gum standard procedures, require that they must periodically and pastilles in Karikkila. check a candy’s freshness up to its intended expiration date. In addition, when various types of candies are In 1993, Fazer acquired the Chymos factory in packaged together, the moisture balance of each candy Lappeenranta which used to manufacture jam, liqueur, is monitored relative to the others in the mix. New and baby food. With 12 production lines and about products are usually introduced at the beginning of the 300 people, they produce candies over three shifts. At year, in the spring, or in the autumn. Inside the factory, they maintain a large room containing Prior to obtaining the Gallery instrument, they used liquid flavorings and colors.
[Show full text]
Sanoma Magazines
SanomaWSOY SanomaWSOY | ANNUAL REPORT ANNUAL REPORT 2004 ANNUAL REPORT 2004 The Report of the Board of Directors, detailed fi nancial statements, and associated material are published separately. Annual Report material can be ordered from Investor Relations & Group Communications via email (ir@sanomawsoy.fi ) or phone (+358 105 19 5062), and all information can be consulted at www.sanomawsoy.fi . SanomaWSOY Corporation, P.O.Box 1229, FI-00101 Helsinki, Finland. Tel. +358 105 1999, fax +358 105 19 5068, www.sanomawsoy.fi Lönnberg F.G. by: Printed Incognito Design: 552800_sw_ar_2004_kannet.indd2800_sw_ar_2004_kannet.indd 1 33.3.2005.3.2005 115:17:485:17:48 Contents 2 SanomaWSOY in brief 4 Mission, vision, values, objectives 6 Management review 8 Key fi gures 2004 10 Key events in 2004 12 Market development 14 Sanoma Magazines 20 Sanoma 24 WSOY 28 SWelcom 32 Rautakirja 36 Environment 38 Personnel 40 Corporate governance 44 Board of Directors 46 Management Group Financials 1 Key indicators 5 Board of Directors’ Report 12 Financial Statements 41 Shares and shareholders 48 Auditors’ report 49 IFRS reporting 50 Investing in SanomaWSOY SanomaWSOY » Contents 1 552800_Sanoma_VSK_FI_EN.indd2800_Sanoma_VSK_FI_EN.indd 1 77.3.2005.3.2005 112:16:512:16:51 SanomaWSOY Group • Chairman & CEO Jaakko Rauramo SanomaWSOY is the leading media group in the Nordic region operating • President & COO Hannu Syrjänen in 20 European countries. The Group comprises fi ve divisions. Sanoma • Net sales € 2 493.0 million Magazines is one of the fi ve largest magazine publishers in Europe, • Operating profi t € 239.5 million Sanoma is Finland’s leading newspaper publisher, WSOY is Finland’s largest book publisher and a signifi cant European educational publisher, SWelcom focuses on electronic media, and Rautakirja is the market leader in press distribution and specialized retailing.
[Show full text]
Fazer 2020: Strong Performance in Challenging Operating Environment
Press release Free for publishing 11 February 2021 at 7:30 am EET FAZER 2020: STRONG PERFORMANCE IN CHALLENGING OPERATING ENVIRONMENT Financial information in this press release is derived from the Fazer Group’s consolidated financial statements, which are prepared in accordance with the International Financial Reporting Standards (IFRS). The financial information in this media release is unaudited. The 2020 financial statements will be published in week 15. JANUARY-DECEMBER 2020 HIGHLIGHTS • Group net sales for continuing operations remained stable at last year’s level, 1,101.2 M€ (1,097.0) • EBITDA for continuing operations improved and totalled 117.4 M€ (111.2), 10.7% (10.1%) of net sales • Operating profit (EBIT) for continuing operations reached 51.9 M€ (49.1), 4.7% of net sales (4.5%) • The Group’s reported result for the period of 440.4 M€ includes a gain of 414.3 M€ from the sale of Fazer Food Services in January 2020 as well as the Fazer Food Services’ result for the period of January 2020 • The Group’s reported cash flow from operating activities amounted to 152.4 M€ (144.8) Key figures Continuing operations* 1-12/2020 1-12/2019 Change% Group net sales, M€ 1,101.2 1,097.0 0.4% Operating profit before depreciation and amortisation (EBITDA), M€ 117.4 111.2 5.6% EBITDA, % 10.7% 10.1% Operating profit (EBIT), M€ 51.9 49.1 5.8% Operating profit (EBIT), % 4.7% 4.5% Profit before taxes, M€ 41.8 51.6 -19.0% Profit for the period, M€ 32.6 38.9 -16.4% Nr.
[Show full text]
Superbrands Finland 16 Market Fazer Group Operates in Nine Countries
hired Russian professionals to work at his facil- Finnish bread market in 1966; at ity. He also had a hands-on approach to his the time toasters were a desired business as he himself worked in the factory wedding gift for young couples. from dawn to dusk every day. Fazer’s roots in the restaurant busi- The demand for Fazer products increased ness started in the days of the first café along with the product offering and opera- in 1891. The company started operations in tions. In September, 1897, Karl Fazer opened the restaurant business by running Restaurant industrial-scale production facilities in Kalastajatorppa in Helsinki in the 1930s. Fazer Helsinki. This paved the way for export and added catering services to the restaurant oper- already in the 19th century the company start- ations and Fazer Catering was set up in 1976. ed exporting marmalade and chocolate con- The company was renamed Amica in 1988, fectionery. The packaging proudly displayed a representing the service-oriented and friendly Market personnel are essential for growing market ‘Made in Finland’ label. staff and student restaurants. In 1993 Amica Fazer Group operates in nine countries. Its shares for the bread segment in the Baltic Exceptional taste and quality of the prod- acquired a major personnel restaurant chain home market is the entire Baltic region with Sea area. ucts were of ultimate importance to Karl Fazer. and later the two companies merged, making approx. 140 million consumers. The Group Candyking is the market leader and a fore- He also paid great attention to the wrappings, Amica the market leader in Finland.
[Show full text]
Fazer Plans Increasing Efficiency of Bakery Network in Finland
Apr 28, 2014 11:39 UTC Fazer plans increasing efficiency of bakery network in Finland Fazer has made an assessment of options to increase the efficiency of its bakery network to secure the company’s competitiveness in a changing operational environment. Fazer is considering measures to centralise the production of bakery products and, consequently, the possible closure of its Hyvinkää and Ulvila bakeries. Fazer will start collaboration negotiations which will affect 146 persons in total. Fazer is prepared to support those affected by the possible termination of employment. ʻThe market situation is challenging and consumer behaviour has changed in a significant way. We must enhance the efficiency of our operations to secure our future competitiveness,ʼ says Markus Hellström, Managing Director of Fazer Bakery Finland. Bread consumption is declining in Finland. The share of bread baked in stores is growing and that of pre-packed bread is falling. Increasing the efficiency of operations must be continued also because salary and energy costs have continued to rise and it is not possible to fully transfer the cost effects into prices. Fazer has considered different options to improve the efficiency of its bakery network. One outcome is that operations in the Hyvinkää and Ulvila bakeries may be discontinued. Fazer will start collaboration negotiations with the entire personnel of the Hyvinkää and Ulvila bakeries, affecting 146 employees in total, of which 73 in Hyvinkää and 73 in Ulvila. Fazer supports personnel in change Fazer will support those whose employment may be terminated. ʻWe want to further the employees’ possibilities of re-employment. We will liaise with the local employment administrations and with companies which need new employees, ʼ says Markus Hellström.
[Show full text]
Opportunity Identification Template
Finnish Food Offering: Confectionery Chocolate Oat SINCE EMPLOYEES SIZE HEADQUARTER www.goodiochocolate.com 2015 < 10 Small Helsinki Goodio was created on the principles of sustainability, well-being, and transparency. It's a vision to bring Nordic-inspired flavors to a chocolate brand for the global consumer. "We prize organic, nutritious ingredients, and fuse them with unique flavors, such as wild blueberry and sea buckthorn to give you a delicious one-of-a-kind treat. All our bars are made with raw cacao, which is high in antioxidants and classified as a superfood." Our chocolate is minimally processed to keep the ingredients as close to their natural state as possible. From Helsinki with love, Goodio chocolate is handmade with care. PRODUCTS 1. Chocolate SPECIALITY Raw, vegan, hand-crafted chocolate, oat chocolate Oat SINCE EMPLOYEES SIZE HEADQUARTER www.fazer.com 1891 14 000+ Large Helsinki Fazer was established in 1891 by Karl Fazer, a son of a Swiss family. Today, Fazer Group has grown into a 1.7 billion EUR international multi-business company which continues to be fully family-owned. Fazer's production is divided into four major areas: • Fazer Confectionery • Fazer Lifestyle Foods • Fazer Retail • Fazer Bakeries • Fazer Mills Today, all Fazer’s confectionary products are made in Finland and there are factories dotted around the country with chocolate production in Vantaa, sugar confectionery in Lappeenranta, and gum and pastilles in Karkkila. The most famous product among Fazer´s confectionery products is the Fazer Blue milk chocolate. Fazer exports to 50+ countries around the world (incl. Korea, Japan, China, HK, Taiwan).
[Show full text]
Seinäjoki University of Applied Science THESIS ABSTRACT Faculty
Seinäjoki University of applied science THESIS ABSTRACT Faculty: Business school Degree programmer: Degree programmer in International business Author: Xu Guanyu Title of thesis: Finnish food brand in Chinese market Supervisor: Miia koski Year: 2011 Number of pages: 71 Number of appendices:0 The purpose of the thesis is the Finnish food brand in Chinese market. The whole thesis will be divided into five chapters. The study area focuses on the Finnish food brand in Chinese market, elaborates the Finnish food brand in China, its possibility, predominance, problems, position and process. This thesis will based on analysis of different companies‘ cases, combine international marketing, international operation theoretical with the real cases; to elaborate the possibility of Finnish food industry and brand enter into Chinese marketing. The Whole thesis focuses on the Finnish food brand in Chinese market, then extended to real situation for the Finnish food brand to China. After analysis and study of Finnish brands cases, compare the advantages and disadvantages of Finnish brands for marketing; provide suggestion for entering into Chinese market method to Finnish food brand. Keyword: Finnish food brand, Chinese food market, process into Chinese market 1 Content 1. Introduction.......................................................................................................................... 5 1.1 Goal of thesis .............................................................................................................. 6 1.2 Structure
[Show full text]
Karl Fazer Milk Chocolate Once Again Finland's Most Valued Brand
Karl Fazer Milk Chocolate once again Finland’s most valued brand Karl Fazer Milk Chocolate has once again received first place in Finland’s most valued brands survey. Fazer itself placed third in the survey. Markkinointi & Mainonta magazine and Taloustutkimus run the survey every year. The survey studied how much value Finns place on 998 different brands. The 2015 top ten most valued Finnish brands are: 1. Karl Fazer Milk Chocolate 2. Fiskars 3. Fazer 4. The Hyvää Suomesta label (the Swan Flag) 5. Lego 6. Arabia 7. Iittala 8. Moccamaster 9. Abloy 10. Joutsenmerkki (Swan Label or Nordic Ecolabel) Finnish delicacies Karl Fazer Milk Chocolate is made at Fazer’s chocolate factory in Vantaa, Finland. Over 95% of Fazer’s confectionery and bakery products sold in Finland are made in Finland. Fazer has 6,500 employees in Finland. All of Fazer’s confectionery factories and its biscuit factory are in Finland: Vantaa (chocolate products and biscuits), Lappeenranta (confectionery) and Karkkila (xylitol products). Fazer has five bakeries around Finland in addition to over 40 local Fazer in-store bakeries. Fazer also has four bakery shops that sell fresh bread. Fazer has its own mill in Lahti. Fazer has over 600 restaurants and catering service locations in Finland. They include staff and student cafeterias and catering services for schools, daycare centres and care facilities. Fazer has seven Fazer Cafés in Finland in addition to the company’s birthplace, the Karl Fazer Café on Kluuvikatu in Helsinki. Further information Liisa Eerola, Director, Confectionery Communications & Group Partnerships, Fazer Group, tel. +358 44 710 8860 Fazer Group Fazer is an international family-owned company offering quality bakery, confectionery, biscuit and grain products as well as food and café services.
[Show full text]
Fazer Group's Annual Review 2019
Fazer Group’s Annual Review 2019 Contents Year in brief � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 3 Core goal 1 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 37 A company on the move � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 4 Core goal 2 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 39 Key figures 2019, continuing operations � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �7 Core goal 3 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �41 Highlights in 2019 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 8 Core goal 4: � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 44 For people � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 46 For businesses � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
[Show full text]