Archives for February 25, 2005

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Romania, Bulgaria edge closer to accession

Romania and Bulgaria are set to sign EU membership treaties within the next two months while Ukraine steps ever closer to the bloc, offering hope to food producers and retailers seeking new, potentially lucrative markets. But quality is still the main...

US equity firm snaps up Degussa's fruit system business

Flavours and texturants firm Degussa will shrug off its fruit preparation business to an American equity company in a sale that prepares the ground for a total divesture of its remaining food ingredients unit.

Drinks groups step up investments

Italian spirit maker Campari has today confirmed that it is increasing its stake in US unit Skyy Spirits, while earlier in the week it was the turn of brewer SABMiller to increase its stake in Italy's Peroni group, writes Chris Jones.

Agency consolidation shown to improve food safety

US food safety procedures could be improved if the system was consolidated suggested a report published on Wednesday by the Government Accountability Office (GAO), but it failed to define possible cost savings.

Russian confectioner lifted by Green Week participation

United Confectioners, Europe's biggest confectionery holding group which unites Russia's 15 leading producers, saw its 2005 order book swell after its recent participation in Berlin's Green Week exhibition, with exports likely to grow by 20 per cent...

WBD merges beverage businesses to cut costs

Russia's leading dairy and juice producer Wimm-Bill-Dann has announced it will merge its juice and water businesses as part of a restructuring plan devised to stop rising transport and raw materials costs from damaging profits, reports Chris Mercer.

Israel to impose trans fat labels?

Opportunities continue to open up for trans fat alternatives as Israel communicates plans to become the world's third country to impose labelling rules on artery-clogging trans fats.

Finn Crisp revamp targets trendy snackers

Finnish crispbread specialist, Vaasan & Vaasan, has revamped the image of its flagship Finn Crisp brand to take advantage of a growing market for high fibre and wholegrain snacks in Russia and lure increasingly health-conscious consumers across...

SA targets US wine market, US focuses on Europe

South African winemakers are keen to capitalise on growing interest in their wines from US consumers - and on the predicted growth in the market there. Their US counterparts, meanwhile, continue to focus on Europe, where sales have grown strongly...

Russian snack growth attracts Finnish group

Finnish crispbread specialist Vaasan & Vaasan has revamped the image of its flagship Finn Crisp brand to take advantage of a growing market for high fibre and wholegrain snacks in Russia and lure increasingly health-conscious consumers across Eastern...

ADM upgrades cocoa processing in Brazil

Major food commodity processor and ingredients supplier Archer Daniels Midland (ADM) will expand cocoa operations in Brazil to match expansion of current product lines, the firm said this week.