June 18, 2018 10:00 AM ET

Food Products

Company Overview of Valio Ltd.

Company Overview

Valio Ltd. engages in the collection and processing of milk products in Finland and internationally. It provides a range of cheeses, including hard and semi-hard, processed, sliced, and grated cheeses for consumers and catering; fresh dairy products comprising yoghurts, quarks, creams, milks, juices and berry soups, cooking and snacking products, and lactose-free products; Gefilus, a functional product; milk and whey powders; butter products for consumers and food industry; and marmalades, jams, and fillings for food industry and foodservice sector. The company was founded in 1905 and is headquartered in Helsinki, Finland.

Meijeritie 6

Helsinki,  00370

Finland

Founded in 1905

4,298 Employees

Phone:

358 1038 1121

Fax:

358 9562 5068

Key Executives for Valio Ltd.

Chief Executive Officer
Age: 61
President and Member of Executive Board
Age: 70
Senior Vice President of Group Finance and Member of Executive Board
Senior Vice President of Research & Development and Member of Executive Board
Age: 59
Senior Vice President of Corporate Planning and Member of Executive Board
Compensation as of Fiscal Year 2017.

Valio Ltd. Key Developments

Valio China Establishes New Business Units of Retail and Food Service

Valio has established new retail and food service business units in China. Valio held an unveiling ceremony for its China head office in Shanghai. The newly established head office will focus on serving the Chinese market. Besides the Ingredient business units, Valio China has also established the new business units of Retail and Food Service. By carrying on the century-honoured Finnish heritage in innovation and high quality, Valio China will stand side-by-side with Chinese consumers to create a better life together. During the 30+ years since entering the Chinese market in 1986, Valio has witnessed the high-speed growth of the Chinese economy and has worked with partners to drive the improvement of China's dairy industry. Shanghai's favourable location, the capability of global resource allocation and the economic concentration of headquarters can help Valio build its global sales, marketing and service networks, and reinforce its overall competitiveness and influence both in the Chinese market and globally.

Valio Opens 170m Snack Manufacturing Plant in Finland

Valio has opened its new 170m snack manufacturing plant in Riihimäki, southern Finland. Covering a 53ha area, the company's new plant is equipped with modern and environmentally friendly technology to produce novel snack products. The new plant also combines Valio Riihimäki's 50-year tradition of yoghurt manufacturing with the most advanced technology. The new plant also combines Valio Riihimäki's 50-year tradition of yoghurt manufacturing with the most advanced technology. Valio began construction of the five-storey plant in 2014. The facility can annually produce 120 million kilos of snack products. The company explained that they have used an environment-friendly design for their plant, which focuses on minimising resource wastage and energy consumption. The inclusion of advanced technologies has also enabled the company to design new manufacturing processes in the plant to help deliver snack products that are both healthy and delicious. The company initially intends to export the majority of the products manufactured at the plant to countries such as Sweden and Denmark. The company will also roll out the products to other countries at a later stage. In the first phase, the plant will manufacture products such as the company's Valiojogurtti series.

The European Investment Bank Agrees to Lend Up to EUR 30 Million to Valio

The European Investment Bank (EIB) has agreed to lend up to EUR 30 million to Valio for its research, development and innovation investments related to nutrition, functionality and health impacts of dairy products. Furthermore, these investments aim to ensure better food security through innovative solutions for more efficient food production. This is the EIBs first loan to Valio and this financing will help to diversify the borrowers funding base and the extension of its maturity profile.

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