UK-based beverage can manufacturer, Rexam has opened its new can manufacturing plant in Finland.
Rexam's chief executive Graham Chipchase said the company is delighted to be able to take advantage of the new opportunities on offer in the region.
"We have seen a growing demand for beverage cans in Finland and the Baltic States, in particular the can's share of the pack mix for beer in Finland, which has grown from 10% to 60% over the past five years," Chipchase said.
The company's first plant in the country located in Mäntsälä, southern Finland, represents an investment of about £68m over three years as part of the company's current capital investment plans.
Around 100 local people would be provided employement.
On completion of a second line, scheduled for 2014, the plant will have a capacity of approximately 1.35bn 330ml and 500ml aluminum cans.
