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Skanska has secured a contract for the development of Fazer’s roughly €400m ($467m) chocolate manufacturing unit in Lahti, Finland.
The mission goals to reinforce Fazer’s manufacturing capabilities with superior expertise and automation.
Skanska’s contract is price €89m and can be included in its Nordic order bookings for the third quarter of 2025.
The development of the manufacturing unit, situated within the Pippo industrial space, is ready to start within the coming months, with operations anticipated to start out in 2028.
Fazer famous that the manufacturing of candies can even partially proceed in Vantaa.
The brand new facility will span roughly 33,300m² and combine Fazer’s chocolate experience with automated manufacturing traces and applied sciences to provide new varieties of merchandise.
It is going to be carbon dioxide emissions-free whereas the environment friendly use of uncooked supplies will considerably minimise manufacturing waste.
Fazer Group president and CEO Christoph Vitzthum stated: “The funding of roughly €400m is the biggest in Fazer’s historical past and it’s also important from a Finnish meals trade perspective.
“The brand new manufacturing unit will assist each our home in addition to worldwide progress and demonstrates our sturdy perception within the competitiveness of Finnish meals manufacturing additionally within the worldwide markets.”
Fazer’s funding is supported by Enterprise Finland’s industrial funding assist programme.
Fazer has accomplished a real-estate transaction with the Metropolis of Lahti to facilitate the development part, which can make use of a whole lot of pros, totalling over 500,000 working hours.
The funding can be financed by means of long-term debt, with a inexperienced finance framework permitting for the issuance of inexperienced monetary devices.
Fazer’s new mission is anticipated to contribute to Finnish meals exports, with the corporate already accounting for 15% of those exports.
Lately, Skanska secured two new contracts within the US and Sweden: a rail hyperlink building and a multisports facility growth, respectively.
“Skanska wins contract to construct Fazer’s $467m chocolate manufacturing unit in Finland” was initially created and revealed by World Development Community, a GlobalData owned model.
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