ASPO GROUP'S LEIPURIN LTD EXPANDS OPERATIONS TO UKRAINE

2009-05-08T09:35:00 CET
ASPO PLC       PRESS RELEASE         May 8, 2009
 
Leipurin Ltd, part of Aspo Group, has expanded its operations to Ukraine, with a new unit being established in Kiev. Leipurin has also recently opened new offices in Novosibirsk and Kazan in Russia. 
  
"Leipurin is a growing and rapidly internationalizing Group. In addition to Russia, we now seek additional growth in Ukraine. Our objective is to achieve a significant position as a supplier in the bakery industry and as an important partner for the local foods industry," says Aki Ojanen, CEO of Aspo Plc.
 
"In Ukraine, too, we act as a partner for major bakery clients in both production and product development. We not only provide them with ingredients, machinery and equipment but also, according to our overall concept, develop the tastes and structures of customer products as well as competence related to production and product development. The ingredient manufacturing industry, which we already represent in the existing market areas, will receive a new growing market area through us in Ukraine," says Matti Väänänen, CEO of Leipurin Ltd.
 
Test bakeries as part of the Leipurin concept
 
In St. Petersburg, the test bakery of Leipurin is located in the facilities of the University of St. Petersburg and is a center for product development and training. In Russia, another test bakery is also being planned for Novosibirsk in Siberia.
 
The new test bakery in Warsaw, Poland, has also been launched as part of the project of introducing the Leipurin concept of consultative sales in the country.
 
"We are also planning the launch of test bakery operations in Kiev, where we are reviewing the opportunities for opening a test bakery in connection with the National Agricultural University of Ukraine," says Matti Väänänen.
 
 
Background:
 
Leipurin: Leipurin Ltd, part of Aspo Group, was founded on January 1, 2009, from the food sector of Kauko-Telko Ltd. Leipurin serves the bakery and food industry by supplying ingredients, production machinery and production lines, as well as related expertise. The company has operations in the Baltic Sea Region and CIS countries. Turnover in May-December 2008 totaled EUR 69 million. www.leipurin.com
 
Aspo is a conglomerate focused on sectors that require extensive b-to-b specialist knowledge. Aspo owns and develops the leading businesses in its sector, which include ESL Shipping, Leipurin, Telko and Kaukomarkkinat. The Group's operations are focused on the Baltic Sea region. www.aspo.com
 
Further information:
Aki Ojanen, CEO of Aspo Plc, tel. +358 9 7595 363, +358 400 106 592 
Matti Väänänen, Managing Director of Leipurin Ltd, tel. +358 9 521 2103
 
 
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