Axed HKScan Baltic bosses Teet Soorm and Mati Tuvi have been detained by Estonian prosecutors, accused of “money laundering” and “harmful transactions”.
To expand and modernise its facilities, Latvian meat producer Putnu Fabrika Ķekava (PF Ķekava) plans to invest between €6 million and €7m in its next fiscal year, according to senior company representatives.
A string of European countries have called for targeted measures to alleviate the impact of Russia’s import ban on EU agricultural exports, including meat.
African Swine Fever (ASF) cases continue to be reported in eastern Europe, making it tough for an agreement to be reached between Moscow and Brussels on lifting trade controls.
Wild boars in Latvia that have managed to survive the African swine fever (ASF) and develop antibodies against it have been found in Latvia, raising hopes for the development of a vaccine against the disease.
The Baltic States and Poland are seeking more cash from the European Commission (EC) to help fight African swine fever (ASF), according to Kaspars Funts, a representative of Latvia’s Ministry of Agriculture.
The director general of the World Organisation of Animal Health (OIE) is “not confident” African Swine Fever (ASF) is being effectively controlled around the world, and has expressed concerns that with no treatment and no vaccine, there is a “very important...
The Russian trade embargo continues to hit Baltic food producers, although the worst forecasts of the impact on the region's meat industry have not come true.
The spread of African swine fever (ASF) in Eastern Europe countries has accelerated in recent weeks, with a number of new outbreaks reported in Latvia, Lithuania and Ukraine.
Lithuania plans to resume supplies of pork to Ukraine in the months ahead, according to a statement from the country’s officials. Supplies have been banned since last year, following a series of outbreaks of African swine fever (ASF) in the Baltic States.
Poland, Lithuania, Latvia and Estonia will not be able to resume supplies of pork to the Russian market for at least three years, according to Russian veterinary body Rosselkhoznadzor.
Latvia-based Food Union has agreed to buy the ice cream and frozen foods business of Estonia’s Premia Foods in a deal worth €27.1m, the company said on Monday.
Meat producers in Lithuania have reported heavy losses due to the continuing spread of African swine fever (ASF) and the sanctions on meat supplies to Russia.
A number of Latvian meat processors may close their businesses this year, due to the fact they will not be able to meet the EU’s new requirements on the quality of smoked meat products, according to reports from several meat companies.
African swine fever (ASF), which is continuing to spread across the territory of Russia and Belarus, may soon appear in the Baltic States, local veterinary services have predicted.
Horsemeat has again been discovered in beef by-products produced in Estonia, Latvia and Lithuania, with as much as 15% horsemeat found in some products. Previously, only traces of horse DNA had been detected in the region.
Belgian supplier Puratos says its undisclosed acquisition this week of 17-year-old Latvian fruit fillings firm, Pure Food, is about expansion into the central and eastern European and Nordic regions – and the supermarket channel - but its artisanal customer...
AB Enzymes has become the latest ingredient company to sign an agreement with Barentz which will now become its preferred distributor in Europe for its Baking and Food & Specialties divisions.
The Danish Brewery Group, Denmark's second largest beer maker, has
strengthened its position in the Baltic markets through the
acquisition of a controlling stake in Lacplesa Alus, Latvia's
number three brewer.
The Baltic States have received a boost to the export of animal
products to Russia after federal auditors acknowledged that around
150 companies had been given approval to export their products.
A number of the leading players from the bakery sectors in the
Baltic States have announced strong first half results in the past
week. The results for Latvia's Hanzas Maisnica, together with
Lithuanian players Vilniaus Duona...
Orkla Foods has signed a deal to acquire Spilva, one of Latvia's
leading food companies and a key supplier of processed vegetables
to the Baltic region.
Lithuanian grain producer Malsena says that its move towards
multi-functional food manufacturing has meant challenges finding
skilled staff to operate its new pasta line. In its quest the
company says that it will have to turn towards...
Icelandic-Lativian confectionery producer Laima has confirmed that
it is about to start caramel production in Uzbekistan in an attempt
to fend off increased competition once enlargement has taken place.
Difficulties in the meat export market and cheap imports have been
troubling Baltic meat processors, with Estonia's largest processor,
Rakvere Lihakombinaat, reporting that its profits have been halved
in the space of a year...
Fazer Maiznica Druva, the second largest bread maker in Latvia, has
refitted one of its production facilities in the city of Ogre, some
40 kilometres outside the capital Riga.
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.
Two of Scandinavia's leading retail groups announced last week that
they were to form a new joint venture in Latvia, Lithuania and
Estonia prior to those three countries joining the EU in May next
year.
