Archives for November 13, 2003

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Nestlé makes move on Ukraine

Nestlé continues to pursue its strategy of getting a foothold in just about every food market in the world. The recent purchase of Ukrainian food processor Volyn Holding is the latest in a list of acquisitions designed to cement the company's place in...

Olive oil rules!

Measures to support the sustainable development of Europe's olive oil crops find their roots in reform to the EU's Common Agricultural Policy (CAP) cleared in June. The Commission is working on new rules to take this further with decoupling as the...

Salty issue

The UK government announced this week that food manufacturers could be forced to label food as 'high in salt' if they fail to make significant progress in reducing the amount in their products.

Hungary gets hypermarket investment

In a transaction that aims to provide Hungarian shoppers with a wider variety and cheaper prices, the European Bank for Reconstruction and Development and Raiffeisen Zentralbank Oesterreich have arranged a €160 million loan to finance expansion of...

Somerfield sales up

Kwik Save continues to weigh down the performance of UK retailer Somerfield, but second quarter and half yearly results reveal that the margins are closing. Will Kwik Save turn the corner or will it continue to hold Somerfield back?

Scottish safety

A revision of the guidelines on the investigation and control of outbreaks of foodborne disease in Scotland was agreed this week by the Scottish Executive Health Department and the Food Standards Agency Scotland.

Closures at National Starch

Higher raw material costs continue to eat into margins for National Starch, the starch ingredients arm of ICI, as third quarter figures bore out last month. It comes as no surprise this week that the company announced a 'redesign' of operations.