20 August 2013

Huhtamaki celebrates its 20th anniversary and expansion of production premises in Russia

New manufacturing space to produce paper and plastic packaging, as well as disposable tableware

Huhtamaki has today inaugurated an expansion of its production premises and a new molded fiber production line as part its 20th anniversary celebrations in Russia. In addition to Huhtamaki management the inauguration was attended by Igor Bryntsalov, Chairman of Moscow regional Duma, and Hannu Himanen, the Ambassador of Finland to the Russian Federation. The anniversary celebrations will be continued tomorrow, August 21, with a customer event.

Huhtamaki began manufacturing disposable tableware in Ivanteevka, close to Moscow, in 1993. Sales to Russia had begun already earlier and Huhtamaki had won the contract to supply the Moscow Olympics in 1980. In addition to disposable tableware and food packaging, Huhtamaki manufactures nowadays in Russia also egg packaging and cup carriers. Molded fiber packaging production was started in 2004.

“Russia is a very interesting market. We have had strong growth over the past few years and we plan to continue to grow together with our customers,” says CEO Jukka Moisio.

Including the newly inaugurated expansion of 1.500m2 , Huhtamaki now occupies a total of 5.500m2 of manufacturing space in Russia. Net sales in Russia in 2012 were approximately EUR 70 million. Huhtamaki has approximately 500 employees in Russia.

About Huhtamaki Oyj
Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2012 net sales totaling EUR 2.3 billion. Foodservice and consumer goods markets are served by approximately 14,400 people in 64 manufacturing units and several sales offices in 31 countries. The parent company, Huhtamäki Oyj, has its head office in Espoo, Finland and its share is quoted on NASDAQ OMX Helsinki Ltd.

Contact
Katariina Hietaranta, Head of Group Communications & IR
tel: +358 (0)10 686 7863

Source: Huhtamaki Oyj, press release, 2013-08-20.

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