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NORDIC: VALIO TO TAKE PART IN CONSOLIDATION

Article Abstract:

The Finnish dairy company Valio has to take part in the future consolidation of the European dairy market, says Matti Kavetvuo, head of the company, in an interview with the paper. He says a merger with the Danish company MD Foods is possibly a more urgent alternative than a merger with Swedish Arla, as MD Foods is more export-oriented than Arla. However, at the moment, the Finnish competition legislation would not allow such a merger, as Valio's dominating position on the Finnish market would be even more strengthened. Matti Kavetvuo expects the Finnish legislation has to be eased, otherwise Valio will remain a local player and not able to compete with the European dairy giants.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
Dairy Products, Dairy Product Manufacturing, Valio Finnish Co-Operative Dairies Association

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Finland: Danish real estate investments

Article Abstract:

Ejendomsinvest, Danish property investment broker, enters the Finnish market. The company sees the Finnish market as interesting because of the expanding economy, low inflation and the long term contracts that often run for up to 15 years. The company now offer investments in a property of 9600 square metres in Espoo, Helsinki to a price of DKr112mn(US$13mn).

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Land Subdivision and Land Development, Subdividers & Developers, Subdividers and Developers

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