Archives for August 10, 2015

← 2015

Retailers shouldn’t carry the blame for food waste, says BRC

By Nicholas Robinson

Food waste reduction by manufacturers and households needs to be the focus of attention since they are the biggest culprits, rather than supermarkets, the British Retail Consortium (BRC) director of food policy Andrew Opie has argued.

Saudi beats Egypt for top F&B market spot

By Eliot Beer

Saudi Arabia remains the most attractive food and beverage market ahead of Egypt, with food consumption growth of 7.6% this year, says a new BMI report.

Savola profits down 15%, more falls to come

By Eliot Beer

The Savola Group saw profits fall 15% in its second quarter, and warns full-year profits could be down 10%, because of oversupply of commodities and a larger retail sector.

Italian firm invests in Hungarian meat plant

By Jaroslaw Adamowski

Italian-owned pork and poultry meat processor Kometa 99 ZRt. has completed an investment estimated to be worth some 700m Hungarian Forint (HUF) (€2.3m) at its facility in Kaposvár, in Hungary’s south-western part. 

Qatar food inflation just 0.2%, says QNB

By Eliot Beer

Qatar will see food price inflation of 0.2% for the rest of this year, driven by falling global food prices, with prices rising again in the next two years, according to a new report.