1. Internationalisation of the food industry in the Baltic Region Tapani Yrjölä Pellervo Economic Research Institute PTT YEMCo Meeting, Gothenburg Nov 24, 2007

2. Outline PTT Internationalisation M&A’s Forecasts

3. Pellervo Economic Research Institute PTT Non-profit economic research institute Est. 1979 Owners: –Central Union of Agricultural Producers and Forest Owners –Finn COOP Pellervo –Commercial cooperatives Budget: 1,8 M€ (2007) 20-22 employees

4. Pellervo Economic Research Institute PTT Research focus: –General economics Public sector Regional development Entrepreneurship and cooperative enterprises –Agricultural and food economics Viability of Finnish agriculture Competitiveness of Finnish food industry –Forestry economics

5. PTTongoing agrifood research projects Changes in management on Finnish farms Agricultural trade agreements (TRADEAG) Financial risks on Finnish farms Anticipation of future political operational environment of agriculture (MAPTEN)

6. PTTongoing agrifood research projects Effects of choices of technology on costs on cattle farms (TEKNOTILA) Effects of the removal of milk quotas on EU and Finnish Dairy market Regional bioenergy potential (BIOREG) Ex post evaluation of the rural development scheme 2000-2006 The effects of the market changes on food industry

7. Distribution of food expenditure in Finland Source: Statistics Finland

8. Distribution of food expenditure Source: Statistics offices

9. Value of food exports Source: Statistics offices

10. Food exports vs. food expenditure Source: Statistics offices

11. Source: Annual reports

15. Companies involved in M&A’s Source: Annual reports, D&B

16. Pig meat exports, Finland

17. Pig meat exports, Sweden

18. Pig meat exports, Denmark

19. Pig meat exports, Netherlands