News & Analysis on Food & Beverage Development & Technology
Wimm-Bill-Dann Foods, one of Russia's leading dairy and soft beverage companies, has announced a fall of 25.4 per cent in its net quarterly income due mainly to the rising price of milk and depreciation of equipment.
Sun Interbrew has confirmed that it is preparing to invest significantly in a number of its production facilities in Russia and that the programme will focus considerably on its Omsk facility in Siberia.
A better insight into how harmful food pathogens such as E.coli and Salmonella survive on fresh fruits and vegetables is the key to stemming the rising tide of human disease outbreaks linked to fresh produce.
In a close vote cranberry co-operative Ocean Spray on Tuesday snubbed a joint venture proposal from soft drinks giant PepsiCo, instead opting to continue as a farmer-owned co-op.
According to figures recently released by the Russian Economic Trade Development and Trade Ministry, food production is expected to grow by 7.2 per cent in 2004. Simon Pitman spoke to the Russian Ministry and found out that, although these figures...
Number one global xanthan gum supplier CP Kelco is on the auction block as majority stakeholder merchant bank Lehman Brothers opts to sell its slice in the leading hydrocolloid company, reports Lindsey Partos.
Kesko Food, part of the Finnish Kesko Group, and ICA Baltic AB, a company belonging to the Swedish ICA AB Group, have signed an agreement to set up a 50/50 joint venture for the Baltic food market.
Consolidation in the European salt industry continues as German firm K+S mounts discussions with Belgium's Solvay to buy its minority stake in Europe's largest salt producer, the European Salt Company (Esco).
Beleaguered British retailer Marks & Spencer has rejected an initial takeover bid from Philip Green, preferring instead to put its faith in a new management team. But the retail entrepreneur is thought unlikely to give up so easily, and M&S' future...
France's finance minister Nicolas Sarkozy has called on the country's leading food retail groups to cut their prices in return for a relaxation of some of the more restrictive legislation, in particular the rules governing store extensions. All of...
Heineken has reached an agreement with its Kazakhstani co-shareholders to increase its stake in Kazakhstan based Dinal LLP from 51 per cent to 97 per cent, in a move that aims to capitilise on a growing market.
Improving the quality and texture of beef for consumer tastebuds could lift sales for a US beef industry knocked lately by the BSE scare. In a recent link up, US agri-giant Cargill and life science firm MetaMorphix have completed the first whole...