Archives for January 16, 2004

← 2004

Cargill enters European flavour scene

Competition in European flavours heated up this week as Cargill, the largest private company in the US, signed on the dotted line for UK flavours group The Duckworth Group (TDG).

Food industry voices concerns over accession

As the Commission this week earmarked a €6 million rural support package for accession states, Europe's food industry body has warned the Irish presidency that the legal and economic climate must be right to encourage the burgeoning food industry.

Hungarians happy to face accession challenge

While many of the central and eastern European countries due to join the EU in May have already begun raising concerns about the likely effect of opening up their borders to companies in the rest of the bloc, food producers in Hungary, it seems, see...

Hyparlo weathers French retail storm

Sluggish market conditions in France were weathered well by Hyparlo, the Carrefour franchise operator, in 2003. And a strong progression in Romania, helped by store openings there, gave an extra boost to results.

Estonia facing recycling dilemma

The Estonian Brewers' Association is concerned that a requirement to buy back empty beer cans for recycling could get out of hand once the country joins the EU in May. Trans-border purchases of beer, already very high, will increase substantially when...

Poor prospects for French dairy market

The chances of growth returning to the French dairy market in the medium term are extremely slim, according to a recent report from French market analysts Xerfi.

New lutein fortified formulations to market

A technology that allows the health ingredient lutein to be delivered to clear beverages has been given GRAS (Generally Recognized As Safe) status from the US Food and Drug Administration.

Asconi invests as wine business grows

Asconi, one of the largest eastern European producers of wines and spirits, is to buy new grape processing and winemaking equipment for its Puhoi winery to help it meet growing demand for its products.

Challenging year for Europe's food industry

With 10 new Member States set to join the European Union on 1 May, 2004 is likely to be an extremely challenging year for the bloc's food and drink producers, to say the least.

Dollar decline masks solid Delhaize performance

Delhaize, the Belgian retail group, yesterday reported sales of €18.8 billion for 2003, a 2.4 per cent increase on a like-for-like basis but 9.1 per cent lower than in 2002 in actual terms as a result of a sharp decline in the strength of the US...

Russian 'ravioli' revolution

Russia may be slowly adapting a number of western food and drink habits - the rise of the country's beer industry is evidence of that - but there is still plenty of life left in some of the country's more traditional food sectors.

BSE: FAO tells trading states to tighten controls

As the United States deals with the fallout from the first case of mad cow disease to hit the country, an international organisation warns countries to stay on the alert and buck up controls.