Archives for January 15, 2004

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Confectionery set for strong global growth

Until recently, consumers with a sweet tooth have had little in the way of choice when it came to reconciling their desire for sweets and chocolate with the need to remain healthy.

Set back for GM maize decision

The European Commission has delayed the adoption of a proposal to authorise imports of a GM sweetcorn onto European lands, opting to bundle the issue with other GM points on the agenda of an upcoming Commission meeting later this month.

Sensus expands roots in South America

Dutch ingredients producer Sensus has significantly expanded its presence in the South American market through new agreements with distributors in Argentina and Chile.

Parmalat collapse felt in Hungary, Romania

The collapse of Italian dairy giant Parmalat -and revelations of massive and widespread fraud - has been felt throughout the world, not least because the Parma-based group was such an international player. In central and eastern Europe, Parmalat's two...

Russia imports more alcohol

Russia increased imports of alcoholic drinks by around 30 per cent in 2003 and is likely to lift imports by a further 20 per cent in 2004, according to the latest information from the National Alcohol Association.

Support for Lithuanian retailer

The European Bank for Reconstruction and Development has granted a €35 million loan to the Lithuanian retailer VP Market, one of the leading food retailers in the Baltic region with turnover of €650 million in 2002.

Profits soar for Cargill but BSE casts shadow on future earnings

Agri-giant and leading beef processor Cargill sees profits soar in the first half of fiscal 2004. But as the fallout from the first mad cow case in the US begins, pressure on current quarter figures steps up with jobs already lost. Rumours that the...

Scottish salmon safe to eat, says EU

The European Commission is satisfied that Scottish salmon is safe to eat, despite researchers in North America warning that the farmed variety sold in many supermarkets contains up to ten times more cancer causing chemicals than its wild counterpart,...

EU backs farmed salmon safety

The European Commission has rejected warnings about the safety of farmed salmon, saying that levels of harmful chemicals detected in a recent scientific study are within safe limits. EU officials contradicted the findings of US and Canadian...

EU25: value-added dairy to offer gains

As 10 countries prepare themselves for accession to the European Union in April, a new report reveals food manufacturers entering, and already present in, these countries might want to start pushing high value dairy products.

CEE dairies consolidate ahead of accession

The need for consolidation in the dairy market in central and eastern Europe is clear, especially when faced with the increased competition likely to be brought by accession to the European Union in May. But companies looking to increase their...

Ahold to reclaim bonus payments

Faced with a new shareholder revolt over the exact role the previous management team played in the widespread fraud at the company last year, Dutch retail group Ahold yesterday pledged that it would reclaim part of the bonuses paid to board members on...

Swiss help Canadians battle BSE

The Canadian Food Inspection Agency (CFIA) is using technology developed by Prionics, a Swiss-based company, as part of its ongoing BSE surveillance programme. The firm's Prionics-Check Western rapid BSE test was extensively used during the country's...