Vaasan & Vaasan logo
Search: Site Products
   
 
Frontpage / News / Archive / Vaasan & Vaasan Oy conquered Russia

24.05.2007
Vaasan & Vaasan Oy conquered Russia

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.

F
urther 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.

 


Latest news:
 
  © Vaasan & Vaasan Oy     Print version  |  To the top