January 29, 2015 3:35 PM ET

Beverages

Company Overview of Altia Oyj

Company Overview

Altia Plc operates as a wine and spirits company in the Nordic and Baltic countries. It operates through three segments: Brands, Trading, and Industrial Services. The company produces, delivers, markets, sells, imports, and exports alcoholic beverages. Its principal products include vodka, liqueur, whisky, wine, spirits, brandy, and cognac. The company offers its products under its own brands, such as Blossa, Chill Out, Explorer, Renault, Grönstedts, Koskenkorva, Jaloviina, O.P. Anderson, Xanté, and Skåne Akvavit; and partner brands consisting of Codorníu, Drostdy-Hof, Hardy’s, Jack Daniel’s, Morrison-Bowmore, Nederburg, Ravenswood, and Robert Mondavi. Its customers include alcohol retail mo...

Porkkalankatu 22 A

PO Box 350

Helsinki,  00101

Finland

Founded in 1888

1,074 Employees

Phone:

358 2070 13013

Key Executives for Altia Oyj

Chief Executive Officer
Chief Financial Officer
Age: 45
Senior Vice President of Partner Brands
Age: 49
Senior Vice President of Industrial Services and Supply Chain
Age: 56
Senior Vice President of Altia Brands
Age: 42
Compensation as of Fiscal Year 2014.

Altia Oyj Key Developments

Altia Oyj to Close Alcoholic Beverage Plant in Svendborg, Denmark in 2015

Altia Oyj has announced that its alcoholic beverage plant in Svendborg, Denmark, will be closed down in 2015 as the contract production at the plant ends. The statutory talks with the personnel on staff reductions will commence in January 2015. Earlier 2014, Altia relocated its wine and glogg production from Denmark to Rajamaki, Finland.

Altia Announces Launch of Koskenkorva Vodka in St. Petersburg

Altia Plc has announced the launch of Koskenkorva vodka in St. Petersburg during winter 2014. Nesco group will start distributing the Finnish well-known vodka brand in St. Petersburg in most main outlets, and later on in the whole territory of Russian Federation. Altia and Nesco are planning to introduce Koskenkorva Vodka to Russian consumers before the holiday season this year.

Liviko Eyes Altia

Altia Oyj is interesting AS Liviko as the Finnish Government is ready to divest the state's ownership. Janek Kalvi, Chief Executive Officer of Liviko said that the supervisory board will definitely analyze the possible acquisition.

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