Panda (Finnish company)

Finnish confectionery company
Panda Oy
Company typeOsakeyhtiö
IndustryConfectionery processing
Founded1920 (1920)
Headquarters,
Area served
Worldwide
ProductsConfectionery
Revenue51.345 million (2012)[1]
OwnerOrkla Group
Number of employees
272 (2012)[1]
ParentFelix Abba
Websitepandalicorice.com

Panda Oy is a Finnish confectionery company based in Vaajakoski, Jyväskylä. The company was founded in 1920 by SOK (Suomen Osuuskauppojen Keskuskunta).[2] Panda is known for its liquorice and chocolate products, with both categories having been produced at its main Vaajakoski facility for several decades.

In 2005, the company was sold to Felix Abba, which is part of the Norwegian Orkla Group.[3]

History

The early stages

SOK founded Panda in 1920. The name then was simply SOK's confectionery factory. In 1929, it moved to an extension built next to the margarine factory. In the early years, the product selection consisted only of hard candies and marmalade. The production of chocolate began in the new building, and liquorice began to be produced in the following decade.[4][5][6]

During the war years, the product selection was reduced, and at the end of 1942, only carrot marmalade was available, but during the shortage, even this went like hot stones. After the war, regulation made confectionery production difficult, but in the 1950s, even this became easier and the industry began to grow rapidly.[4][5][6]

Rebranding as Panda

In 1952, the company printed a figure of a panda on the wrappers of chocolate bars. They became so popular that the factory changed its name to Panda in the 1960s.[6]

Products

Panda produces diverse range of confectionery products, with a particular emphasis on liquorice and chocolate. The iconic Panda black liquorice has been manufactured in Finland since 1927 and remains a market leader domestically and in key export markets.[7] This classic liquorice is known for its soft texture and simple, natural ingredients: traditionally molasses, wheat flour, liquorice extract, and aniseed oil, produced using methods that have changed little since the company's early days.[8]

Alongside its liquorice, Panda also produces an extensive assortment of chocolates. The Juhlapöydän konvehdit (Celebration Table Pralines) box, introduced in 1967, has become a staple of Finnish festive traditions and remains among the country's most popular chocolate assortments, particularly during the Christmas season.[9] The chocolate range includes classic milk, dark, and white chocolate bars, alongside filled chocolates in a variety of flavors such as toffee, mint, and pineapple.[10]

Panda's factory site in Vaajakoski.

References

  1. ^ a b "Panda Ab Oy". Taloussanomat (in Finnish). Sanoma News. Archived from the original on October 6, 2013. Retrieved October 5, 2013.
  2. ^ "Panda teki maailman pisimmän lakun". yle.fi (in Finnish). Yle. November 9, 2010. Retrieved October 5, 2013.
  3. ^ Vehmanen, Jukka (May 27, 2005). "Felix Abba haukkasi nopeasti kasvaneen Pandan omistukseensa". Turun Sanomat (in Finnish). TS-Yhtymä. Retrieved October 5, 2013.
  4. ^ a b "Panda Suklaatehdas SOK Vaajakoski". VAKKA-arkistotietokanta. Arkistolaitos. Archived from the original on 2013-12-31. Retrieved 2013-02-22.
  5. ^ a b "Historia". Panda Oy. Retrieved 2013-02-22.
  6. ^ a b c "Suomalaiset ihastuivat pandoihin jo 50-luvulla – Makeistehdas sai nimensä pandakääreestä". Kaleva (in Finnish). Retrieved 2025-12-02.
  7. ^ "Suussasulavia herkkuja makeannälkään". kskauppakamari.fi. Retrieved 2025-12-02.
  8. ^ "Miten makeisemme valmistetaan?". Panda (in Finnish). Retrieved 2025-12-02.
  9. ^ Ojala, Karoliina (2024-12-31). "Myydyimmät karkit vuonna 2024: Tästä pussista tuli hitti". Ilta-Sanomat (in Finnish). Retrieved 2025-12-02.
  10. ^ "Pandan joulun herkulliset uutuudet ja rakastetut klassikot". Mynewsdesk (in Finnish). 2024-09-30. Retrieved 2025-12-02.

Media related to Panda (company) at Wikimedia Commons


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