HKFoods is building a stronger foundation for the future competitiveness of its business and improving profitability by streamlining its operations. HKFoods has decided to transfer Paimion Teurastamo Oy’s operations to the external service provider Liha Hietanen Oy in Sastamala from 31 March 2025, after which the Paimio-based production unit will be closed. The Paimio unit slaughters cattle and sows.

Through the efficiency plan, HKFoods aims to achieve annual savings of around EUR one (1) million, which will start to accrue from Q2/2025. Overall, these savings are expected to be realised in the course of 2026.

Paimion Teurastamo Oy employs 21 people and HKFoods is seeking to provide employment for them in other units of the company. The statutory negotiations on this matter were ended by mutual agreement between the employer and the staff on 4 March 2025.  

Neither HKFoods Finland Ltd nor HKFoods Plc were involved in the statutory negotiations.

Improving operational efficiency creates a stronger basis for the future competitiveness

The decision now taken is based on the decline in the number of cattle in Finland over the last few years. Especially the number of dairy farms, and thus the number of dairy cows, has fallen significantly. This trend is expected to continue in the future and has already affected the cost competitiveness, operational efficiency and costs of HKFoods’ cattle slaughtering in Finland.

“At HKFoods, we want to strengthen the production potential of domestic beef by creating the conditions for continued production in the future. We also aim to improve the efficiency of the pork production chain in terms of sow slaughter. With this decision, we are safeguarding the cost-efficiency and competitiveness of our food chain and enabling Finnish food production to remain viable as international competition intensifies," says HKFoods’ CEO Juha Ruohola, “Maintaining domestic food production in our own country is in the interest of all Finns. Our own food production creates food security through security of supply.”

 

More information:

Juha Ruohola, CEO, tel. +358 400 647 160
HKFoods Media Service Desk: communications@hkfoods.com

 

With 110 years of experience, we at HKFoods make life tastier – today and tomorrow. With nearly 3,000 professionals, we make responsible and locally produced food to meet consumers’ varied food moments. Our well-known brands in Finland are HK®, Kariniemen® and Via®. We are developing a more climate-friendly way of producing food. HKFoods a publicly listed company, and in 2024, our net sales totalled EUR 1 billion. www.hkfoods.com