Impact of Confectionery Tax on Lahti’s New Chocolate Factory by Fazer

Fazer is raising concerns over the government’s decision to increase the VAT rate on sweets, which will affect delicacy products differently from other food items. This move is seen as distorting competition in the market and conflicting with the EU’s principle of neutrality. In a press release, Group CEO Christoph Vitzthum expressed uncertainty about how this decision will impact Fazer’s business and potential investments, such as a new chocolate factory in Lahti.

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By Samantha Johnson

As a content writer at newsnmio.com, I craft engaging and informative articles that aim to captivate readers and provide them with valuable insights. With a background in journalism and a passion for storytelling, I thoroughly enjoy delving into diverse topics, conducting research, and producing compelling content that resonates with our audience. From breaking news pieces to in-depth features, I strive to deliver content that is both accurate and engaging, constantly seeking to bring fresh perspectives to our readers. Collaborating with a talented team of editors and journalists, I am committed to maintaining the high standards of journalism upheld by our publication.

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