- Valio
Infobox Company
name = Valio
type = Cooperative
genre = Fresh foods processor
foundation = 4 July 1905 (Valio Ltd. - 30 January 1992)
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location_city = Helsinki
location_country = Finland
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homepage = http://www.valio.fi/portal/page/portal/valiocom
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intl =Valio is one of the biggest companies in
Finland and mostly producesdairy product s such ascheese , powdered ingredients,butter ,yoghurt andmilk . Valio is Finland's biggest milk processor, producing 80% of Finland's milk. Valio translates to English as "elite".Valio Group's net turnover was 1.7 billion euros in 2007. Valio is the market leader in all key dairy product groups in Finland and a world class pioneer as the developer of functional foods. Valio Ltd is owned by 22 dairy cooperatives with about 10 900 milk farmers as members. Nowadays about 1000 products belong to Valio's product range.
Valio Ltd has 15 production plants in Finland, two in
Estonia and one cheese packaging facility inBelgium . Valio subsidiaries operate inRussia ,Sweden ,Belgium , the Baltic, USA and China. International operations account for one third of Valio net turnover.History
Valio was founded in 1905 by 17 co-operative dairies. The name of Valio was by that time "Voivienti-osuusliike Valio r.l". Their activity started in Hanko, and the most important buyer was
England .Valio's activities expanded from
butter to otherdairy product s in 1909, and by 1920's Valio's marketing in Finland was bigger than abroad.Artturi Ilmari Virtanen who received theNobel Prize in Chemistry was an employee of Valio. The prize was given for benefit which Virtanen's workteam brought with AIV-fodder.Valio sold its ice cream activity to overseas company
Nestlé in 2004. Nestlé also got the right to use the "Valiojäätelö" name for a long time.In 2005 the Valion Jäätelöbaari was opened in Kampin Keskus. The Ice cream bar in Kampin Keskus (Kamppi's shoppingcentre) was designed by Paola Suhonen.
In 2007 Valio invests approx. Mio € 27 in a factory near
Moscow for packaging of cheese and butter for the Russian market. The products are mostly imported from the mother company in Finland. The capacity of the plant will be 8,000 mt per year, 400 employees will work in the factory. The turn-over of Valio in Russia was Mio € 170 in2007 [ "Zuivelzicht" 9 Mai, 2007 ] .External links
* [http://www.valio.fi Official site]
Sources
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