16.09.2008
Vaasan & Vaasan Oy Releases its Corporate Social Responsibility Report 2007

Vaasan & Vaasan Oy has published its Corporate Social Responsibility Report for 2007. The report can be read on the Group’s website or by opening this link.

The consistent financial development of the company forms the foundations for responsible operations at Vaasan & Vaasan Oy. Continuous growth in profitability and the renewing of operations and products selections create a strong base for the successful development of the company's social responsibility and environmental efforts.

The bakery sector is the most labour-intensive area of the food industry. At Vaasan & Vaasan Oy, we bear our social responsibility by focusing on developing staff well-being and competence through small-team work and training.

One of the company's most significant environmental actions in 2007 was to replace fuel oil with liquefied gas at the Kuopio bakery. We also began to deliver biowaste from the Joutseno bake-off production unit into ethanol production.

For decades, Vaasan & Vaasan Oy has conducted research and development in grain and grain products, both independently and in partnerships with national and international universities and research institutes.

Vaasan & Vaasan Oy's fifth Social Responsibility Report covers social responsibility matters related to business in Finland in 2007. GRI (Global Reporting Initiative) guidelines have been used where applicable in this report.

Further information:
Kalle Tanhuanpää
CEO, the Vaasan & Vaasan Group
Tel. +358 204 46 2003
kalle.tanhuanpaa@vaasan.com        


The Vaasan & Vaasan Group is the largest bakery business in Finland and the Baltic region, the second largest crisp bread producer in the world and the second largest producer of bake-off products in the Nordic countries.

The Vaasan & Vaasan Group includes Vaasan & Vaasan Oy in Finland, AS Leibur in Estonia, A/S Hanzas Maiznicas in Latvia, UAB Vilniaus Duona in Lithuania, Nordic Bake Off AB in Sweden and Culinor AS in Norway. The Group's turnover for 2007 was EUR 363 million, generated by approximately 3,300 employees.