Huhtamaki invests to grow its foodservice business in Eastern Europe
(Thomson Reuters ONE) -
HUHTAMÄKI OYJ PRESS RELEASE 3.3.2017 AT 12:00
Huhtamaki invests to grow its foodservice business in Eastern Europe
Huhtamaki will set up a greenfield paper cup manufacturing unit in Kiev,
Ukraine. With local manufacturing Huhtamaki will be able to better serve both
its local and global customers, and help them grow. Huhtamaki has been present
in Ukraine since 2002 and is currently serving the market by importing products
mainly from its manufacturing units in Poland. The new unit will manufacture a
full range of paper cups for cold and hot drinks. Manufacturing operations are
expected to begin during 2018 and the unit is expected to employ app. 50
employees. The unit will become part of the Foodservice Europe-Asia-Oceania
business segment.
"Despite the recent political and economic turbulence, the foodservice market in
Ukraine is growing and the country has an important role in many of our global
key customers' growth plans. In addition, Ukraine has an extensive transport
infrastructure and is well placed to service the neighboring countries," says
Eric Le Lay, Executive Vice President, Foodservice Europe-Asia-Oceania.
For further information, please contact:
Media: Katariina Hietaranta, Head of Group Communications & IR, tel.
+358 10 686 7863
Investors: Kaisa Uurasmaa, Investor Relations, tel. +358 10 686 7815
HUHTAMÄKI OYJ
Group Communications
Huhtamaki is a global specialist in packaging for food and drink. With our
network of 74 manufacturing units and additional 24 sales only offices in
altogether 34 countries, we're well placed to support our customers' growth
wherever they operate. Mastering three distinctive packaging technologies,
approximately 17,000 employees develop and make packaging that helps great
products reach more people, more easily. In 2016 our net sales totaled EUR 2.9
billion. The Group has its head office in Espoo, Finland and the parent company
Huhtamäki Oyj is listed on Nasdaq Helsinki Ltd. Additional information is
available at www.huhtamaki.com.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Huhtamäki Oyj via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 03.03.2017 - 11:00 Uhr
Sprache: Deutsch
News-ID 527937
Anzahl Zeichen: 2648
contact information:
Town:
Espoo
Kategorie:
Business News
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