December 5, 2022

HKScan to streamline operating model of group functions in Finland

HKScan will streamline and better define the operating model of its group functions in Finland, the company announced.

In the new model, operational business will be more focused on HKScan's business units. As such, the division of work between the group functions and business units will be more defined.

The statutory negotiations on the matter, which was launched during HKScan's group operations at the beginning of November, have also been concluded. As a result of negotiations, six positions in the group functions in Finland were terminated and three positions were transferred to HKScan's Business Unit Finland.

In total, the negotiations concerned approximately 40 persons in the HKScan's group functions in Finland. The statutory negotiations did not concern the employees of HKScan Finland Oy and its subsidiaries or HKScan's business operations in Sweden, the Baltics, Denmark and Poland.

"We are working determinedly to improve the cost efficiency of our operations," said HKScan's interim chief executive officer Juha Ruohola. "With the change in our operating model and other efficiency actions, we aim to achieve total annual savings of approximately €3 million, which we expect to be realised after the first quarter of 2023."

- HKScan