Archives for December 12, 2003

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CEE food retail flourishes

The economic transformation of Russia and the CEE region is still being led by the retail sector, according to a market report. For the food retail sector, growth has been driven by the emergence of big supermarket and hypermarket chains which have...

Blood pressure drops with DMV ingredient

A milk ingredient made by Dutch ingredients business DMV International can effectively reduce blood pressure in hypertensive patients, the company reported this week.

Reduced gum stocks push prices up

Early depletion of African gum stocks have driven up global prices of gum acacia. US company TIC gums this week passed the price rise of gum arabic on to the market.

Czech brewers eye Poland

Czech brewers, backed by the Czech Association of Small Independent Breweries (CSMNP), are readying to increase their presence in the significant Polish beer market. The move is the first big drive on to the market in 10 years and follows the Polish...

Scotch producers bridle at stamp threat

UK Chancellor Gordon Brown's attempts to clamp down on tax evasion have 'dismayed' one of the country's biggest manufacturing sectors - the Scotch whisky industry.

S&P downgrades WBD

Following its failure to attract investment from French food giant Danone, Russian dairy and juice producer Wimm-Bill-Dann has had its Standard & Poor's rating downgraded from stable to negative. S&P said it had made the move because of the company's...

Leaf to expand into Russia

Finland's leading confectionery company, Leaf, has said that it is to build a factory in St. Petersburg, Russia, for the production of functional pastilles and lollipops.

Cargill makes Russian move

International food processor Cargill is set to construct a $50 million malt plant in Tula Oblast, Russia. Company spokeswoman Irina Kalygina told the Russian Vedomosti newspaper that the corporation is looking into the possibility of constructing the...

UK's Sherlock detects illegal imports

The saga of an illegal red dye saga in the UK continues this week with the country's food agency boasting the powers of its 'detective work' in thwarting imports of the illegal spice.

Tapping into steady emulsifiers market

Leading Japanese emulsifier supplier Riken Vitamin is set to boost production at its subsidiary in Malaysia with the opening of a new plant this week. High hopes to increase market share.

Meat group targets 'grey' consumers

Consumers aged 50-64 are among the most affluent in Europe, and while the food industry has been relatively slow to see the potential of targeting this age group, a few companies have now begun to roll out products designed for the so-called 'grey'...

Byrne update on enlargement

Speaking in Brussels earlier this week, European Commissioner for Health and Consumer Protection David Byrne announced the latest development on issues relating to food safety within an enlarged EU.