Huhtamäki Oyj or simply Huhtamäki ( Fin. Huhtamäki Oyj ) is a Finnish company for the production of food packaging and disposable tableware. Presented in more than 30 countries. The company's shares are traded on the Helsinki Stock Exchange and are among the 25 most liquid securities that form Finland's key stock index OMX Helsinki 25 .
| Huhtamäki | |
|---|---|
 | |
| Type of | Joint-Stock Company |
| Exchange listing | HEX : HUH1V |
| Base | 1920 |
| Founders | Heikki Huhtamaki |
| Location |  Finland : Espoo |
| Industry | production of packaging materials for food |
| Products | plastic and paper packaging, disposable tableware |
| Turnover | ▲ 2,235.7 million € (2014) [1] |
| Operating profit | ▲ 174.9 million € (2014) [1] |
| Net profit | ▲ 141.2 million € (2014) [1] |
| Number of employees | ▼ 13.8 thousand (12.31.2014) [1] |
| Site | www.huhtamaki.com |
Content
History
Huhtamäki's history dates back to 1920, when 20-year-old Heikki Huhtamäki ( Fin. Heikki Huhtamäki ) took out a bank loan and opened a small candy factory in Kokkola . In the early 1930s, Huhtamäki absorbed several bakeries in Turku and subsequently produced a wide range of confectionery products . In 1940, Huhtamäki took over the pharmaceutical company Leiras, and in 1954 the manufacturer of liquors and other alcoholic beverages, the company Marli. In 1960, Huhtamäki acquired the Mensa factory in the city of Hämeenlinna , which specializes in the production of meat and fish semi-finished products. Mensa had a number of technological developments in the field of packaging and storage of food products, on this technological base a subsidiary Polarpak (later Polarcup) was formed, which specialized in the production of packaging. In 1970-1980 Huhtamäki has expanded its investment range to the point of expressing interest in assets in the metals and electronic components industries.
In the 1990s Huhtamäki has sold a significant portion of its previously acquired assets and has focused on food packaging. In 1999, Huhtamäki merged with the Dutch food packaging manufacturer Royal Packaging Industries Van Leer, changing its name to Huhtamäki Van Leer Oyj. But a year later, the assets of the Dutch side were separated into a separate structure of Van Leer Industrial and sold to the American company Greif Brothersille, after which Huhtamäki regained its former name. In April 2012, Huhtamäki took over the Chinese food packaging and disposable tableware manufacturer Josco, and in August of that year, the American manufacturer Winterfieldin. Over its 90-year history, the company has carried out more than 200 acquisitions and sales of various assets [2] .
Huhtamäki in Russia
Since 1994, in the city of Ivanteevka, Moscow Region , the plant and warehouse complex “Khukhtamaki S. N. G.” have been operating [3] . At the factory in Ivanteyevka, they make disposable dishes, food packaging and egg packaging. At the end of 2015, Khukhtamaki S. N. G. had more than 500 employees, the company is also the largest taxpayer in the city. [4] In June 2015, in the special economic zone " Alabuga " in Tatarstan , in the presence of and. about. Head of the Republic Rustam Minnikhanov , the production of Khukhtamaki Foodservice Alabuga was opened. As expected, the new production should cover growing demands from Huhtamäki customers developing their business in the Volga , Ural , Siberian Federal Districts, as well as in the Republic of Kazakhstan . [5] Huhtamäki is the industry leader in Russia, so as of 2014 the company covered more than 30% of the total volume of disposable products, [6] and with the launch of production in Tatarstan, this indicator has a tendency to increase. Part of the products on the Russian market are exported from Europe and vice versa, part of the products produced in Russia are sold on foreign markets.
Huhtamäki customers in Russia mainly work in two segments of the food industry:
- Foodservice - networks of fast-food restaurants , manufacturers of soft drinks, catering companies, coffee houses and cafeterias , etc. In this segment, regular customers are fast-food chains McDonald's , Burger King , KFC , manufacturers of drinks Coca-Cola , PepsiCo , Nestlé , trademarks operating in Starbucks , Coffee House , Shokoladnitsa , Tchibo , Paulig , et al. [7] Huhtamäki also holds a dominant position in the supply of coffee products at gas stations at large oil companies.
- Consumer Goods - production and distribution of dairy and fat products, as well as ice cream. Regular customers in this segment are Wimm-Bill-Dann , Piskarevsky Dairy , Valio , Lactalis , Nestlé , Unilever , Inmarko , Ice Berry and others. [7]
Criticism
In June 2015, the European Commission fined Huhtamäki € 15.5 million for a cartel deal with other market participants. [eight]
In the summer of 2014, workers at the Huhtamäki factory in Commerce , California, USA , dissatisfied with working conditions and salaries, and faced with companies reluctance to engage in dialogue, went on strike. This promotion was supported by workers at other Huhtamäki factories in the United States. Protesters also enlisted the support of North America's largest industrial union. In the summer and autumn of 2014, in several countries (Brazil, Poland, Turkey, Australia, Kenya, Finland), various trade union organizations held solidarity actions with Huhtamäki employees. [9] [10] [11] [12]
Notes
- ↑ 1 2 3 4 Huhtamäki Oyj Tilinpäätöstiedote 2014 (Fin.)
- ↑ Huhtamäki official website (inaccessible link) . Date of treatment July 9, 2015. Archived July 10, 2015.
- ↑ About Huhtamaki Russia (Ivanteevka )
- ↑ Electronic Ivanteevka: Khukhtamaki will expand production in Ivanteevka in 2016
- ↑ RBC: In Tatarstan, earned a "city of suppliers" for the "McDonald's".
- ↑ Business News: The production of plastic utensils has become more profitable due to devaluation.
- ↑ 1 2 Customers of Huhtamaki (Inaccessible link) . Date of treatment July 9, 2015. Archived July 10, 2015.
- ↑ Huhtamäki sai EU: lta yli 15 miljoonan euron sakot (fin.)
- ↑ Steelworkers picket Huhtamaki Waterville plant over contract talks
- ↑ Huhtamaki Workers Stand Up for Safe Working Conditions at California Paper Products Plant Archived July 11, 2015 to Wayback Machine
- ↑ Global union protests shake Huhtamaki
- ↑ Brazilian Unions Stand Up to Huhtamaki