FINLAND: Swedish plant to close as HKScan continues revamp
HKScan looking to improve efficiency across business
Finland-based meat products group HKScan has said a plant in Sweden will close as part of plans to restructure its manufacturing network in the country.
HKScan is going through a major restructuring programme across its operations, which take in Scandinavia, Poland and the Baltic states.
The company said today (4 March) it would "discontinue" operations at a site in the Swedish city of Örebro after deciding to move its production of skinless sausages further south to plant in Linköping.
The company is moving pig slaughtering and cutting from a facility in Skara to a slaughterhouse in Kristianstad - and to a site owned by meats firm Siljans Chark
The Linköping site will also take on beef cutting, while HKScan will sign a contract slaughtering agreement with local firm Skövde Slakteri.
Around 140 jobs will be lost at its facilities in Örebro and Skara. The company said around 50 posts will be added across its sites in Kristianstad and Linköping.
HKScan said the changes were set to be completed by the start of 2015. The revamp will cost EUR10.3m but the company hopes it lead to an improvement in profit worth EUR7m a year.
After the restructuring, HKScan's production in Sweden will be "centralised and integrated at four key locations" in Kristianstad, Linköping, Halmstad and Skara, the company said.
"We trust that these changes will ensure far better capacity utilisation, a competitive cost base and opportunities for profitable growth," Göran Holm, EVP of HKScan's consumer business in Scandinavia, said. "HKScan is strongly committed to developing and investing in the Swedish meat business and value chain."
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 ...
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...
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...
Growth in retail volume sales of ready meals in 2014 is expected to be up slightly on 2013, and will compare very favourably with the negative CAGR for the entire review period. While it should be not...
- Why Mars rice plan not just crop-ticking exercise
- Greencore's food-to-go focus paying dividends
- ConAgra Foods: what could happen next? - analysis
- Interview: Ritter sees growth potential in US, EU
- How Danone aims to meet its 2020 objectives
- Pinnacle to buy Boulder Brands in $975m deal
- Aryzta regional CEO steps down
- Maple Leaf Foods to cut over 400 jobs
- Hovis plans cuts amid anxiety over UK bread demand
- Nestle combats Thai seafood supply forced labour