Latest Insights

Raisio interim CEO Jarmo Puputti eyes growth and the top job - interview 16 May 2017

Finland-based Raisio – the company behind brands including Elovena cereal and the cholesterol-targeted Benecol – has had an eventful year, including the departure of long-time chief executive Matti Rihko. Four months on from Rihko’s resignation, Raisio has yet to appoint a replacement. One of Rihko’s colleagues, Jarmo Puputti, was handed the job on an interim basis and he is attempting to get sales and profits growing again after a year of declines. Puputti speaks to Dean Best about Raisio’s performance in the early months of 2017, his plans for growth and his bid to take the top job permanently.

SIAL 2014: Valio hopes to overcome Russian woes 10 Nov 2014

Valio is facing some significant challenges. The Finland-based dairy group is grappling with the closure of the Russian border as well as the decline in industrial markets for dairy ingredients. However, the company is also working to identify new growth avenues, such as its lactose-free technology. Katy Askew spoke to Kari Finska, SVP of Russia and eastern markets for Valio, to find out more.

M&A Watch: Why Raisio should sell to private equity 14 Aug 2014

Raisio, the Finland-based group behind brands including Benecol, Honey Monster cereals and Fox's confectionery, has, in recent years, tried to grow via M&A. However, Stefan Kirk of M&A advisors Glenboden questions the company's strategy and believes it should be sold to a private-equity firm to unlock value.

ANUGA 2013: Interview: HKScan focused on driving brands 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.

Interview: "Low performance" HKScan's greatest challenge - CEO 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

Industrial dispute sees workers walk out at HKScan facility 15 Jun 2018

Nordic meat processor HKScan has become embroiled in an industrial dispute, with 34 employees at one of its Finnish facilities downing tools.

Finland's Apetit invests to meet demand for vegetable-based foods 15 Jun 2018

Apetit plans to invest EUR9.7m (US$11.2m) in a new production plant as the Finland-based food firm seeks to take advantage of growing demand for vegetable-based products.

HKScan invests in pig plant in Sweden as part of China export push 4 Jun 2018

Nordic meat processor HKScan is investing almost EUR7m (US$8.2m) in its Kristianstad pig slaughterhouse in Sweden. 

Raisio revises 2018 sales forecast 4 May 2018

Finland-based manufacturer Raisio has today (4 May) issued a change to its forecast for annual sales from its continuing operations.

Finland's Raisio lowers annual sales guidance 26 Apr 2018

Finland-based food group Raisio has lowered its guidance for 2018 net sales due to what it says were ''developments'' in the early part of the year.

Finland's Apetit elects Harri Eela as chairman with other changes at the board level 16 Apr 2018

Finland-based vegetable foods producer Apetit has elected Harri Eela as chairman of the company and announced a change in its board of directors.

Fazer unveils sales growth target 11 Apr 2018

Finnish food company Fazer Group has outlined a new strategy which will take it up until 2022.

Raisio gives update on job cuts 23 Mar 2018

Finland-based food group Raisio has announced an "interim decision" in its talks with staff over job cuts.

Apetit sets out growth strategy to double profits by 2020 1 Mar 2018

Apetit set out its stall today (1 March ) to build on last year's profit growth as the Finland-based company seeks to cement its position as the country's leading brand in vegetable food products.

Apetit installs Tero Heikkinen as permanent CFO 1 Mar 2018

Apetit has officially installed Tero Heikkinen as chief financial officer of the Finland-based vegetable food products group, three months after assuming the role in an acting capacity.