Prodravka set for closures?
Prodravka, one of the leading food processors in the Central European region, has confirmed that it has conducted a market analysis which will lead to the closure of plants in accession countries.
Archives for February 12, 2004
Food industry hauled up over 'fresh' labels
The food industry had its knuckles wrapped again this week, this time by the UK's food watchdog that accused it of misleading the consumer when using the terms 'fresh?and 'natural?on food labels.
Continued growth for Russian food sector
Russia's food processing sector is still burgeoning, with a recently published report from the USDA's agricultural service indicating that in 2002 it grew an estimated 14 per cent to reach a total value of $25.9 billion. Although competition from...
Europe establishes animal disease centre
The European Parliament has voted to create a European Centre for Disease Prevention and Control (ECDC), following growing concern over animal disease epidemics. "Outbreaks like SARS in 2003 and bird flu this year have been a wake-up call," said David...
Australian consumer turns back on GM ingredients
The tide is turning down under with a new poll showing Australians are increasingly worried about genetically modified foods and the risk they could pose to human health and the environment.
Kandia, Excelent to seal merger
The Romanian chocolate sector looks set to become increasingly competitive as the third largest player, Kandia, prepares to finalise a merger with Excelent - a move that will create the leading producer on the market.
Fruit for a healthy valentine
Intitiatives by the food industry and governments to bring the five-a-day phenomenon to the consumer gained further credence this week with a new study showing fruit and vegetable consumption can cut 'bad?cholesterol.
Bi-Lo, Bruno's face the Ahold axe
At a time when most of its major international rivals are busy expanding their businesses in both new and existing markets, Dutch food retail group Ahold is continuing to sell off a number of business units in an attempt to revitalise flagging profits.
Baltic still dominant in 2003
Baltic Beverages Holding has revealed its full year 2003 and fourth quarter results, showing the company has continued to maintain its growth in the maturing beer market.
Scotland and Wales veto GM go-ahead
The UK government has been forced to postpone plans to give the green light for a GM crop after the devolved assembly of Wales and the Scottish Parliament refused to cooperate. The Welsh executive is vociferous in its support of organic farming, and...
Income rise but profit drops for Imperial Sugar
Plant closures and 'competitive pressures?saw profits slide for US sugar giant Imperial Sugar despite a rise in operating income for the first quarter. Global sugar surplus keeps the prices down and competition up.
NPD key to gain ground on 'obesity' market
Confirmation of growing opportunities for health and nutrition businesses that target the slimming and weight loss market comes from a new study that reveals the American consumer 'is open to help in dealing with obesity'.
Safeway takeover in the home straight
It was in January 2003 that Yorkshire-based food retailer Wm Morrison surprised the British supermarket sector with the announcement of a £2.9 billion takeover bid for larger rival Safeway. Now, more than a year later, the finishing line is finally...
Bakery struggling to find functional niche
The market for functional food products has grown steadily for several years now, focusing primarily on the dairy sector. But other sectors of the food industry, such as bakery and snacks, are beginning to see more functional products filtering...
Chill chain: French stores, consumers could do better
The majority of chilled food products sold in the French supermarket sector are kept at the optimal temperature, but there is still plenty of room for improvement compared to the rest of the chill chain.