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..