HKScan mulls poultry investment in Finland
Leading Nordic meat producer looks to capitalize on Finland’s growing poultry meat demand
HKScan is considering investments in its poultry operations in Finland.
The company is looking to invest EUR35 million to 65 million (US$44 million to 82 million) in western Finland, and two options are under consideration.
The company is considering whether to renovate and expand its existing Eura facility, or whether to build a new plant in a different location in the region. The Eura site is Finland’s largest production plant specializing in poultry and produces the company’s Kariniemen brand.
The company wants to modernize its chicken slaughtering, cutting and production processes in Finland, and says that by investing in state-of-the-art technology it will be able to develop new products in response to changing consumer preferences, as well as significantly improve productivity and efficiency.
The planning stage is scheduled to run through summer 2015. This latest announcement comes on the back of investments made recently in Estonia and Denmark.