The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.72 - Manufacture Of Rusks And Biscuits; Manufacture Of Preserved Pastry Goods And Cakes
65 jobs Number of planned job creations
Announcement Date
26 April 2017
Employment effect (start)
1 April 2016
Foreseen end date
1 March 2017
Description
Fazer is one of the largest companies in the Finnish food industry. In order to expand its share of the Nordic bakery sector, Fazer acquired the Domino, Jaffa and Fanipala (currently Fasupala) biscuit brands from US-based food, beverage and confectionery company Mondelez International in April 2016. One year later, in March 2017, Fazer decided to relocate the production of Jaffa biscuit from Poland back to Vantaa (Finland) where the first Jaffa biscuits were produced. Finns love Jaffa very much and the domestic is very important to Finns. Currently, Vantaa (Finland) biscuit factory employs about 65 employees.
Eurofound (2017), Fazer, Reshoring in Finland, factsheet number 126, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/126.
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