Nordic meat processor HKScan is reviewing its production operations in Finland with the potential loss of 211 jobs under what it says is a rationalisation programme to boost profits.

“Our goal is to significantly increase the flexibility and efficiency of our production, thereby strengthening our competitiveness and improving profitability,” Sami Sivuranta, HKScan’s executive vice president for operations, said in a statement today (25 June). 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The Helsinki-listed firm said it will “initiate statutory negotiations” covering production and logistics personnel in the Vantaa, Forssa, Mikkeli, Paimio and Outokumpu units”, although office jobs and managerial positions will not be affected. 

“Potential personnel effects and their allotment will be defined in more detail as the negotiations proceed,” HKScan said.

In January, HKScan appointed Mikko Forsell as chief financial officer before reporting widening losses for the first quarter related to the ramp-up of production at its Rauma poultry unit in Finland. Losses ballooned to EUR17.1m (US$19.9m) from EUR7m a year earlier.

See Also:

The company noted in its earnings statement for the quarter to 31 March released in May: “In the second half of the year, full attention will be given to improving our efficiency and financial performance related to the Rauma plant. In the long run, our Rauma unit will substantially improve our efficiency and competitiveness, contributing to our strategy implementation.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Today’s statement said the “cooperation negotiations do not concern the Rauma unit”.