FDBusiness.com

Internal Investigation into HKScan’s Baltic Business

 Breaking News
  • Greene King Being Sold For £2.7 Billion CK Asset, which is one of the largest property developers in Hong Kong and an international investment group, has made a recommended £2.7 billion cash offer for Greene King, the UK’s leading integrated brewer and pub retailer operating over 2,700 pubs, restaurants and hotels across England, Wales and Scotland. Including debt, the enterprise value of [...]...
  • The Hershey Company Takes Minority Stake in Irish Snacking Brand The Hershey Company, the US-based food group, has made a minority investment in Fulfil Holdings, the owner of the snacking brand FULFIL. Headquartered in Dublin, Ireland, FULFIL has rapidly grown since its inception, now outselling many traditional chocolate snack bar brands in the UK and Ireland and named a top 50 consumer brand in Ireland. Brian [...]...
  • UK Restaurant Numbers Drop Again as Consumer Tastes Shift Britain’s restaurant numbers have fallen for the sixth quarter in a row, the new edition of the Market Growth Monitor from CGA and AlixPartners reveals. Independent operators have borne the brunt of the closures with group-owned restaurants proving more resilient despite some major brand failures. The quarterly survey of the country’s supply of licensed premises reports a 3.4% drop in [...]...
  • Molson Coors Commits to Reduce Plastics in Packaging Molson Coors in the UK and Ireland is removing the plastic packaging from its Carling and Coors Light brands, as part of new global packaging goals. The brewer will remove the plastic film wrap from large multipacks by the end of March 2020, replacing the plastic wrap with 100% recyclable fully enclosed carton board. By [...]...
  • Carlsberg Group Upgrades Full Year Operating Profit Outlook Carlsberg Group has delivered organic operating profit growth of 17.7% for the first half of 2019 with reported growth of 18.2% to DKr 5.17 billion (€693 million). Organic net revenue growth was 4.2% and on a reported basis net revenue rose by 6.5% to DKr32.99 (€4.42 billion). Operating margin improved by 160bp to 15.7%. Reported net [...]...

Internal Investigation into HKScan’s Baltic Business

Internal Investigation into HKScan’s Baltic Business
November 15
09:42 2016

Nordic meat group HKScan has initiated an internal investigation into its Baltic business. The investigation is being conducted to ensure that the principles of good corporate governance and HKScan’s Code of Conduct have been followed. The investigation is estimated to last a few weeks.

Some of the HKScan Baltics Management Team members have been relieved of their duties for the duration of the investigation. The current CMO of HKScan Corporation, Anne Mere, will assume the position of interim General Manager of HKScan’s Baltic business in addition to her existing duties. She reports to Jari Latvanen, the CEO of HKScan.

Anne Mere has a strong track record in the company. She has worked for HKScan for 13 years in several senior positions, including Executive Vice President (EVP) of HKScan’s Consumer Business in Finland and the Baltics and Managing Director of AS Rakvere Lihakombinaat, part of AS HKScan Estonia since 2014.

“It is important for us at HKScan that we always follow the principles of good governance and our Code of Conduct. We have initiated the investigation to ensure this,” says CEO Jari Latvanen. ”The continuity of our operations is guaranteed by an experienced team and the investigation will not affect our business.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements