FINN CRISP thin crisps and
crispbreads have already 50 % share in St. Petersburg and Moscow
Vaasan & Vaasan Oy's crispbreads and thin crisps pitch for market
leadership in Russia. Last year approximately 11 million consumer packages of
FINN CRISP were sold there. This is remarkable considering that the company has
operated in Russia only for six years. Export director Marina Korhonen mentions
that one of the biggest reasons of success has been the right timing. The Russian market has
stabilized in recent years, and with the right partner it has been possile to
grow fast. According to Mrs. Korhonen, crispbread market in Russia is
relatively small, but it is growing rapidly, about 10-15 % per year. The growth
is due to improvement in general living standard, and also the overall health
trend. It has reached
especially Russian women who have active lifestyle and are most urban and
educated. At the moment Russians eat only 100 g of crispbread yearly, whereas
Finns crunch 2 kg's and Swedes an immense amount of 3 kg's of crispbread
products per year. In Russia there are certainly new potential crispbread munchers as much as
there is room for higher per capita consumption.
FINN CRISP crispbreads and
thin crisps are sold almost to 50 countries all over the world. The biggest
export countries are Russia, Scandinavian countries, Germany, the Netherlands,
North America and Great Britain. All products are manufactured in Kotka, Finland.
Further information:
Export Director Marina Korhonen
Tel. +350 204 46 2127
E-mail: marina.korhonen@vaasan.com
www.vaasan.com
The Vaasan & Vaasan Group is the leading bakery business in Finland and the
Baltic region, and the second-largest Nordic operator in bake-off products. The
Group consists of Vaasan & Vaasan Oy in Finland, A/S Leibur in Estonia, A/S
Hanzas Maiznicas in Latvia, UAB Vilniaus Duona in Lithuania and Nordic Bake Off
AB in Sweden. Each Baltic subsidiary is the market leader in its own country,
while Nordic Bake Off AB is the second-largest producer of bake-off products in
Sweden.
The Group’s most popular domestic products include Finland's favourite
breads VAASAN RUISPALAT rye bites, VAASAN KOULUNÄKKI crisp bread and VAASAN
KOTIUUNIN bake-off products. Vaasan
& Vaasan is the second-largest crisp bread producer in the world. Outside
Finland, its crisp bread products are sold under the FINN CRISP brand.
In 2006 the Group had a turnover of approximately EUR 334 million and it
employed some 3,450 people.