The European Commission is to propose an increase in herring and salmon fishing quotas for 2018 as responsible management measures by Member States and the fishing industry look to be paying off.
An earnings decline across HKScan’s biggest Scandinavian markets saw the struggling Finland-based meat processor post a €20.8m pre-tax loss in its half-year results.
Finnish food company Atria has penned a contract to start trading large volumes of pork with China, a milestone the meat processor’s CEO described as “historic”.
African Swine Fever (ASF) poses a real threat to the meat markets of Central Europe and Asia, including China, according to Russia’s Agriculture Ministry and veterinary watchdog Rosselkhoznadzor.
Finnish meat processor HKScan has unveiled plans to modernise and expand the output capacity of its bacon plant in Swinoujscie, in Poland’s north-western region. The investment is estimated to be worth some €12m, the company said in a statement.
Finnish meat processor HKScan has posted a drop in operating income for the first quarter of 2016 as price competition, coupled with a pork surplus in Scandinavia, caused a dip in performance.
Poor performance in Denmark hit HKScan’s fourth quarter results, although it has defied the effects of the Russian meat ban, African Swine Fever and stiff competition to boost annual pre-tax profit.
Pig producers in Finland fear the spread of African swine fever (ASF) from Eastern Europe to the Scandinavian peninsula, according to a report by the European office of environmental protection agency Green Front.
The Finnish Food Safety Authority Evira is asking that no wild boar meat or food products made from boar should be brought into Finland from the Baltic countries or Poland.
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...
African swine fever (ASF) continues to hit pig farming in Estonia, Latvia and Lithuania, despite efforts by the authorities in those countries to contain the spread of the disease.
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.
Increasing consumer power in Russia is drawing food and beverage
manufacturers to set up base in the country - which, in turn, is
opening opportunities for ingredients suppliers to do more business
in the emerging market.
The completion of its nationwide distribution network and increased
investment in advertising helped brewer Baltic Beverages Holding to
shrug off a difficult first half for its Russian brewing business
and end the year with an increase...
Danish ingredients giant will shut down beverage flavour operations
in Sweden as tough competition bites and business is impacted by
growing consumer demand for health positioned drinks, reports
Lindsey Partos.
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.
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.
Latvian fruit and vegetable processing company Pure Food says that
it has reached an agreement with a major Chinese shopping chain to
supply its products there.
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.
Two of the leading Nordic food retail groups, Finland's Kesko and
Sweden's Axfood, announced good results last week, helped by growth
both at home and abroad.
A Swedish researcher has found that nitric oxide, naturally present
in the body's immune system, may play a positive role in protecting
against tuberculosis. A supplement of the amino acid arginine,
which is found in peanuts,...
