NEWS IN BRIEF

Fazer expands in Finland with €40m production facility for plant-based products

By Flora Southey contact

- Last updated on GMT

(Image: Getty/Tatyana Berkovich)
(Image: Getty/Tatyana Berkovich)

Related tags: Finland, plant-based, Grain

Finnish food manufacturer Fazer has announced plans to build a €40m production plant for in Lahti, Finland. “We want to be a forerunner in value added grain-based products”, says CEO.

Fazer says it aims to break ground as soon as possible, with construction expected to continue until 2020. The investment will create 30 jobs in Lahti, located approximately 100km north of Helsinki.

According to CEO Christoph Vitzthum, plant-based products are a ”strategic growth” ​area for the firm: ”We want to be a forefunner in value added grain-based products and we are investing in the development of new production technologies and solutions,” ​he said in a statement.

”We now have at hand an innovation which we believe will create interest also outside Finland and the Nordic countries, even globally.”

The investment is part of a larger investment plan that will see Fazer further expand its presence in Northern Europe and into selected international markets.

The firm, which specialises in several food markets, including food services, bakery and confectionary has invested approximately €195m over the past three years.

Part of that sum was invested in ’Fazer Lifestyle Foods’, a plant-based meals and on-the-go food and drinks business launched in early 2017, in response to increased demand for healthy and plant-based foods.

Related news

Show more

Related products

show more

OATVITA, A RISING STAR IN THE PLANT-BASED MARKET

OATVITA, A RISING STAR IN THE PLANT-BASED MARKET

OATVITA, a Frulact company | 27-Jun-2022 | Product Brochure

OATVITA is focused on the development of plant-based concentrated liquid solutions for food and beverage industry. We offer innovative and tailor-made...

Power up the next energy drink solution.

Power up the next energy drink solution.

ADM | 27-Jun-2022 | Infographic

Energy drink consumers are always on the lookout for better ways to power their day. Whether that’s innovative formulations suited for active situations,...

Beverages with Benefits, from ADM

Beverages with Benefits, from ADM

ADM | 21-Jun-2022 | Product Brochure

Whether they are simply interested in supporting their overall health & wellness or are targeting a specific need state that’s important to them, consumers...

The Future of Healthy Snacking in Europe

The Future of Healthy Snacking in Europe

Glanbia Nutritionals | 16-Jun-2022 | Insight Guide

Our consumer study on healthy snacking in Europe reveals key insights into snacking motivations, the consumer landscape, and today’s top snacking trends—including...

Related suppliers

Follow us

Products

View more

Webinars