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HKScan, Qinglian Food to Create JV to Export Finnish Pork Products to China
Mar 2, 2018Nordic food company HKScan has agreed to form a joint venture (JV) with Zhejiang Qinglian Food to sell Finnish pork products to Chinese consumers. HKScan is looking to establish a new presence on the Chinese market by launching products ...
Tags: Pork Products, pork
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European Meat Company Hkscan Group Soon to Commence The Exports of Finnish Pork to China
Jan 21, 2015European meat company HKScan Group will soon commence the exports of Finnish pork to China. The firm's pork slaughtering facility at Forssa in Finland is expected to receive export certification from the Chinese food authorities, who ...
Tags: Pork, meat company, Agriculture
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HkScan Group Announced Plans to Restructure Its Production Capacity in Denmark
Jan 7, 2015Meat company HKScan Group has announced plans to restructure its production capacity in Denmark in a bid to streamline its operational footprint. The actions will enable the company to improve operational efficiency and will help create a ...
Tags: deboning capacity, Agriculture
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HKScan Has Announced Plans to Invest in New Production Facilities
Oct 15, 2014Finland-based meat specialist HKScan has announced plans to invest in new production facilities in western Finland and Rakvere, Estonia. The proposed facility in western Finland will see an investment ranging from €35-65m, while the ...
Tags: HKScan, Operations, Food
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HKScan Has Signed a Deal to Sell Its 50% Stake in Saturn Nordic Holding to Danish Crown
Mar 4, 2014Finland-based HKScan has signed a deal to sell its 50% stake in Saturn Nordic Holding to Danish Crown, which holds the remaining 50% holding in the firm. As per the agreed terms, the company will receive €180m in cash as well as a ...
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HKScan Opens Its Expanded Tabasalu Facility
Sep 25, 2013HKScan, a Finnish manufacturer of meat foods and products, has opened its expanded Tabasalu facility, which will handle slaughter, cutting, deboning and processing of poultry meat operations for the Baltic region. Starting from 2014, the ...
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Finnish Manufacturer of Meat Foods and Products Hkscan Is Set to Lay off 123 Workers
Mar 11, 2013Finnish manufacturer of meat foods and products HKScan is set to lay off 123 workers at its operations in the country as part of its restructuring plan. Of all the jobs, 49 jobs will be eliminated through permanent layoffs while the ...
Tags: meat foods, HKScan, workers
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HKScan Books an Increase in Profits in 2012
Feb 19, 2013Finland-based meat group HKScan booked an increase in profits in 2012 but said the group's performance last year was "below expectations". Earnings amounted to EUR16.4m (US$21.8m), a 34.4% increase on the prior-year period. Operating ...
Tags: meat group, HKScan, profits
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HKScan Has Said Its Plans to Cut up to 295 Jobs
Jan 8, 2013Finland-based meat group HKScan has said its plans to cut up to 295 jobs as part of efforts to streamline its subsidiaries in its home country will not affect production. The firm this morning (7 January) said it will begin labour ...
Tags: Finland, meat group, HKScan, jobs
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HKScan Plans to Cut up to 295 Jobs as Part of Efforts to Streamline Its Subsidiaries
Jan 8, 2013Finland-based meat group HKScan plans to cut up to 295 jobs as part of efforts to streamline its subsidiaries in its home country under a cost savings programme announced last week. The company last week revealed its HK Ruokatalo Oy ...
Tags: HKS, cost savings programme, company news, meat
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HKScan Has Streamlined Its Subsidiaries in Its Home Country
Jan 5, 2013Finland-based meat group HKScan has streamlined its subsidiaries in its home country as part of a cost savings programme. HKScan said today (2 January) that HK Ruokatalo Oy has become a wholly owned subsidiary of HKScan Corp. The ...
Tags: HKScan, cost savings programme, meat, company news
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HKScan Has Booked an Increase in Third-Quarter Profit and Reaffirmed Full-Year Guidance
Nov 7, 2012Finnish meat firm HKScan has booked an increase in third-quarter profit and reaffirmed its full-year guidance. In the three months to the end of September, the company earned EUR6.9m (US$8.8m), a 23.2% increase on the prior year period. ...
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HKScan Has Reported Widening Half-Year Losses and Reiterated Its Warning
Aug 13, 2012Finnish meat firm HKScan has reported widening half-year losses and reiterated its warning that annual EBIT will fall this year. In the six months to the end of June, net losses amounted to EUR5.1m (US$6.3m) compared to a net loss of ...
Tags: HKScan, meat, will fall, poultry slaughtering, meat raw material
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Justin King This Week Welcomed Moves From Its UK Retail Rivals to Invest
May 15, 2012Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits. Also in the UK, the Government ...