FINLAND: Fazer Group to close two bakeries
Fazer pointed to falling bread sales in Finland
Finland's Fazer Group has decided to close two bakeries in its domestic market as it restructures amid falling bread consumption in the country.
Fazer said production at the sites in Hyvinkää and Ulvila would end by next September at the earliest. The closures will affect 146 staff.
The company said it had to revamp its network as consumption habits in Finland are changing.
"The need for the negotiations was a result of the challenging market situation. Bread consumption is declining in Finland and consumer behaviour has changed in a significant way. The share of bread baked in stores is growing and that of pre-packed bread is falling," the company said. "Salary and energy costs have continued to rise as well and it is not possible to fully transfer the cost effects into prices."
Confectionery in Sweden industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-2011, and forecast to 2016). The...
Synopsis Canadean's "SixContinents Catering Alliance: Foodservice - Company Profile & SWOT Report" contains in depth information and data about the company and its operations. The profile contains a c...
Confectionery comprises of chocolate, sugar confectionery, and gum. Cocoa and sugar are the raw materials for chocolate and latex is the raw material used for gum. Many new varieties of confectionery ...
- General Mills US "priority" categories gain share
- Interview part 2: BRF CFO Augusto Ribeiro
- The just-food interview: Doux CEO Arnaud Marion
- 2015 preview: A better deal for M&A sellers
- Cleaning up Tesco will have mixed supplier impact
- General Mills outlines "aggressive" NPD drive
- Kraft to reappraise business, says new CEO Cahill
- General Mills earnings drop one-third
- PepsiCo opens snacks plant in Saudi Arabia
- Bimbo to buy Saputo's bakery arm