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Comment: Danone, PepsiCo caught in Russia backlash

For US and European companies exporting products to Russia, the operating environment has been challenging to say the least. Recent comments...

Focus: Trade restrictions hitting Russian outlook

In a period of escalating international tensions, Russia is turning to the use of trade restrictions as a political weapon. This adds a laye...

Food industry faces structural challenge

Katy Askew | 14 Jan 2013

Last week, a number of the challenges facing food manufacturers and retailers were once again thrown into sharp relief. The industry continued to grapple with the cyclical difficulties of a down global economy and weak consumer sentiment. However, a number of structural issues that, in some respects, represent the greater threat are also becoming increasingly evident.

Firms tackle economic gloom

Sam Webb | 7 Nov 2011

There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories.

Latest Interviews

ANUGA 2013: HKScan focused on driving brands

Katy Askew | 11 Oct 2013

Scandinavian meat group HKScan plans to focus on product development and brand building in order to grow the proportion of sales it generates from added value products. Katy Askew spoke to Magnus Sjohlm, VP of business development, at this year's Anuga to find out more about the company's new-found focus on NPD.

CEO: "Low performance" HKScan's greatest challenge

Katy Askew | 26 Sep 2013

Scandinavian meat-to-convenience foods group HKScan has downgraded its operating profit forecast for 2013 today. While the company has delivered on the turnaround plan it unveiled last year, it said export pressures and a shift in its product mix would hit EBIT. Nevertheless, CEO Hannu Kottonen insists HKScan will continue to drive operational improvements in the coming 12 months.

Latest News

HKScan launches meat snack range in UK

Hannah Abdulla | 13 Nov 2015

Finnish meat processor HKScan has announced the launch of a range of meat snacks in the UK.

HKScan profit stable in 'challenging' environment 

Katy Askew | 4 Nov 2015

European meat group HKScan said that it made progress on its drive for profitable growth when it reported third-quarter operating profit “on a par” with last year. 

HKScan invests in EUR80m production facility

Katy Askew | 1 Oct 2015

HKScan is preparing to invest approximately EUR80m (US$89.1m) to construct a production facility in Rauma, Finland.

HKScan to replace Eura facility with new plant

Katy Askew | 5 Aug 2015

HKScan plans to build a new poultry production plant in western Finland and shut its existing facility in Eura, a town on that part of the country.

HKScan acquires half of Finnish slaughter firm

Hannah Abdulla | 2 Jul 2015

HKScan has announced the acquisition of a 50% share in meat slaughterhouse Paimon Teurastmo from owner Kaivon Liha Kaunismaa Oy.

Food industry results in brief: TreeHouse, Petra

Katy Askew | 11 May 2015

TreeHouse Foods first quarter sales surged – but the US food group cut its forecast for annual earnings. Inventure Foods revealed the devastating impact of the listeria recall. Meanwhile, Petra Foods commented on the slowdown in the Indonesian economy and weaker consumer sentiment. Here is just-food's weekly results round-up.

HKScan launches halal meat in UK

Hannah Abdulla | 28 Apr 2015

Nordic meat producer HKScan has introduced a range of halal chicken products in the UK market.

HKScan set for China, Hong Kong offices

Dean Best | 15 Apr 2015

Finland-based meat processor HKScan has outlined plans for sales offices in China and Hong Kong.

HKScan hails "excellent progress" in 2014

Katy Askew | 11 Feb 2015

HKScan, the European meat group, said it made "excellent progress" in its strategic transformation throughout 2014, a year of strengthening profits.

HKScan confirms scale of job cuts in Denmark

Dean Best | 28 Jan 2015

Finland-based meat processor HKScan has confirmed its latest restructuring measures in Denmark will lead to the loss of 88 jobs.

Food industry quotes of week: Unilever, Lifeway

Hannah Abdulla | 23 Jan 2015

Unilever revealed its 2014 results this week and revealed its food sales fell last year, prompting CEO Paul Polman to admitted the Flora and Becel maker had lagged the change in how consumers viewed spreads. Elsewhere, Lifeway Foods CEO, Julie Smolyansky, insisted the business is not for sale.

HKScan to export pork to China

Katy Askew | 19 Jan 2015

European meat group HKScan is preparing to start exporting pork to China following approval from Chinese regulators who inspected its Forssa production site in Finland last August.

Food industry quotes of week: Tesco, Chobani

Hannah Abdulla | 9 Jan 2015

This week, Chobani refuted claims its CEO Hamdi Ulukaya is being pushed out of his position. Elsewhere, Tesco outlined a new strategy expected to have a profound impact on the companies that supply the retailer. Findus acquired Nestle's Spanish frozen food business La Cocinera and HKScan announced it was axing 95 jobs across two of its sites in Denmark. Here is the week in quotes

HKScan sells Swedish slaughterhouse

Dean Best | 7 Jan 2015

Finland-based meat processor HKScan is continuing the wide-ranging efforts to reshape its business with the sale of Swedish slaughterhouse Bertil Erikssons Slakteri.

HKScan to axe up to 95 jobs in Denmark

Hannah Abdulla | 5 Jan 2015

Meat processor HKScan has announced plans to restructure two of its plants in Denmark - a move it expects to lead to up to 95 staff lose their jobs.

HKScan to sell egg unit as revamp continues

Dean Best | 19 Dec 2014

Finland-based meat processor HKScan is to offload an egg business in Estonia and the bulk of a hatchery unit in Finland, the latest moves to "simplify" its operations.

HKScan launches animal production advisory body

Hannah Abdulla | 6 Nov 2014

HKScan has announced it has taken up a 24% share in Svenska Kottforetagen AB, an industry organisation formed of a network of Swedish slaughtering company.

HKScan earnings decline slows

Katy Askew | 5 Nov 2014

HKScan, the Finnish meat processor, has slowed its earnings decline in the face of falling sales and pressure on pricing.

HKScan to invest EUR85m at two plants

Hannah Abdulla | 13 Oct 2014

HKScan has announced it is opening two European sites to boost production.

HKScan confirms job losses in Finland

Katy Askew | 1 Oct 2014

Finland-based meat group HKScan has finalised the cuts it will make to white-collar and managerial positions in its domestic market.

Disposal helps profits but HKScan sales down

Hannah Abdulla | 6 Aug 2014

The sale of HKScan's shares in a venture in Poland helped grow the Finland-based meat processor's first-half profits but the company saw revenues fall in the six months to the end of June.

HKScan restructuring to hit management jobs

Hannah Abdulla | 6 Aug 2014

HKScan has announced it is to make job cuts as it plans to restructure its domestic business.

HKScan cuts FY operating profit forecast

Dean Best | 16 Jun 2014

Weaker-than-expected demand has led Finland-based meat group HKScan to warn its underlying operating profit will not reach the level it had hoped in 2014.

HKScan Q1 marked by weak demand

Katy Askew | 7 May 2014

HKScan has booked a drop in first-quarter operating earnings as cost savings failed to offset weak demand and price pressure.

Latest blogs

Russia: "no plans" to lift food ban

Hannah Abdulla | 23 Jan 2015

Russia has insisted it has no plans to lift the EU ban on food imports, its deputy prime minister, Arkady Dvorkovich, told an audience at the World Economic Forum on Wednesday (21 January).

Brussels hits out at Russia's ongoing ban on EU pork imports

Dean Best | 27 Jun 2014

Moscow's decision to ban EU shipments of pork products entering Russia is "clearly disproportionate, discriminatory and not based on science", Brussels said today (30 June) as it detailed why it had asked the WTO to intervene.

Company research

HKScan Estonia AS in Packaged Food (Estonia)

HKScan Estonia AS in Packaged Food (Estonia)

As a further step in an ongoing process to clarify and streamline its legal structure, HKScan Oyj on 2 June 2014 merged its two Estonian subsidiaries, Rakvere Lihakombinaat AS and Tallegg AS, to form...

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Chilled Processed Food in Estonia

Chilled Processed Food in Estonia

Chilled processed meat and chilled fish/seafood remain hugely popular among Estonians. These product types, which are seen as a good source of protein and considered to healthier than canned/preserved...

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Frozen Processed Food in Estonia

Frozen Processed Food in Estonia

In recent years, the reputation of frozen processed food in terms of nutritional value and quality standards has improved in Estonia. At the same time, the trend towards busier lifestyles has strength...

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