RATIONALISATION OF HK RUOKATALO?S RAW MATERIAL SUPPLIES PROCEEDS
HK Ruokatalo Group Oyj RELEASE 13 October 2006, at 00:15pm
RATIONALISATION OF HK RUOKATALOS RAW MATERIAL SUPPLIES PROCEEDS
The Finnish Competition Authority has approved subcontracting
agreement signed by HK Ruokatalos procurement company LSO Foods Oy
and Järvi-Suomen Portti cooperative in September. Portti discontinues
its supplying of pork and beef and outsources animal procurement and
associated services to LSO Foods.
For LSO Foods, the subcontracting agreement will translate into a
marked increase in supply volumes. The arrangement greatly improves
procurement efficiency through larger volume and by removing overlaps
in the supply organisations.
The aim is to start the subcontracting as soon as possible. The
agreement applies solely to the animal procurement in Finland.
HK Ruokatalo Group Oyj
Kai Seikku
CEO
Further information is available from:
- CEO Kai Seikku and CFO Matti Perkonoja at HK Ruokatalo Group Oyj.
Please leave any messages for them to call with Katja Backman on +358
10 570 2428
- managing director Tero Hemmilä, LSO Foods Oy, tel: +358 10 570 4300
and +358 400 522 012
DISTRIBUTION:
Helsinki Exchanges
Internet: www.hk-ruokatalo.fi