Vaasan Group

Type
Business expansion
Country
Estonia
Region
Eesti; Eesti; Põhja-Eesti
Location of affected unit(s)
Saue
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.8 - Manufacture of other food products
10.85 - Manufacture of prepared meals and dishes
100 jobs
Number of planned job creations
Job creation
Announcement Date
8 February 2013
Employment effect (start)
1 January 2013
Foreseen end date
31 May 2013

Description

Finnish company Vaasan Group has announced that they will open a new bake-off factory in Saue in Estonia this spring and recruit over 100 employees.

The company stated that as a result they will close their manufacturing facilities in Sweden and delocate their manufacturing to Estonia. The production in Saue will start gradually and full operating capacity is expected to be achieved in late spring 2014. The production of the new factory is sold across Nordic and Baltic countries.

Sources

  • 8 February 2013: Toostus-uudised

Citation

Eurofound (2013), Vaasan Group, Business expansion in Estonia, factsheet number 74927, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74927.