Marketers in Sweden are targeting women with new product launches in the energy drink segment while organic and fair trade versions are also showing growing appeal in that market, claims Euromonitor International.
Swedish confectioners Cloetta and Leaf have sealed a €753m merger making it the largest confectionery company in Scandinavia, according to an analyst from Euromonitor.
Ongoing high prices for raw materials including cocoa, milk powder, sugar and wheat and a decline in contract manufacturing sees Swedish confectionery group Cloetta reporting second-quarter sales loss and falling first-half earnings.
The CIAA has invited the Swedish presidency to take part in the recently launched Round Table on Sustainable Production and Consumption (SPC); while Sweden has made food and the climate one of its priorities for agriculture over the next six months.
The EU's food regulator has chided Nestlé and Tetra Pak for what it
says are their misinterpretations of its preliminary advice about
the safety of using the chemical ITX (isopropylthioxanthone) in
food packaging.
As Nestlé recalls two million litres of baby milk in four European
countries due to a packaging problem, the company is attempting to
calm consumer fears that their children were in danger ofingesting
a printing chemical from drinking...
Dutch bakery ingredients firm CSM continues to focus on core
business, clearing the sale of its sugar confectionery unit Malaco
Leaf to investment companies Nordic Capital and CVC Capital
Partners.
Norwegian firm Orkla has closed in on a takeover deal for Finnish
snack firm Chips with a view to dominating established snack
industries in Scandinavia and rising markets in Russia, writes
Chris Mercer.
The world's number one caramel colour supplier DD Williamson is
driving deeper into the Nordic countries, signing a deal with
Swedish food distibutor Norfoods to build growth in the
increasingly mature caramel colour market.
Lithuanian flour and pasta manufacturer Malsena is aiming to
further develop its position as a multi-functional manufacturer
with plans to make a huge investment in the production of
value-added ingredients for the bakery sector.
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.
Ahold, the Dutch retail group, faces a serious setback in its
efforts to rebuild its financial credibility after its Nordic joint
venture partner Canica decided to sell its 20 per cent stake in the
Swedish ICA group - a stake which...
Cloetta Fazer Group, the Stockholm-listed Swedish-Finnish
confectionery group, says it is planning to tap into the huge
potential of the Poland market. According to CEO Karsten Slotte,
the company is set to play a role in the consolidation...
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.
Sweden's voluntary health claims code has approved a claim for a
cholesterol-lowering cheese made by dairy firm
Skanemejerier,reports Dominique Patton.
A new study conducted by the FDA says that acrylamide found in
fried and baked goods is unlikely to cause reproduction problems if
the general public consume it as part of the average daily diet -
but research is ongoing for its carcinogenic...
European research into the potential carcinogen acrylamide has
received a massive injection of cash to boost the biggest
international project to date on toxic substances formed when food
is heated.
Next month two subsidiaries of the Denmark based Foss Group - Foss
Electric and Foss Tecator, will be merged in an effort to maintain
future growth for the food analysis company.
ICA, the Swedish retail group, has changed its name and simplified
its structure in order to meet the challenges facing the
supermarket sector in the Nordic region. The fact that it has
dropped the name Ahold is no reflection on that...
Finnish group Atria is to become the first western company in the Lithuanian meat products market with the acquisition of a stake in local producer Saltuva.
Investigations into the levels of the carcinogenic PAH compounds in
margarines find that all are within recommended limits, challenging
earlier findings from a Swedish consumer organisation.
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.
Pommac, a carbonated soft drink well-known to drinkers in Sweden
and Finland, has been voted one of the brands to watch for 2003 by
fashion magazine Wallpaper - meaning that the rest of the world may
also get a taste of the drink...
In the first six weeks on sale in Sweden, the lactose-free milk
drink from Finland's Valio group has far exceeded even the
company's most optimistic expectations. Full year sales could be as
much as five times greater than...
Swedish company Ceba Foods launched a non-dairy alternative to milk
and soya drinks on the Spanish market this week. Oatly Organic is
free from lactose, milk protein and soya, and the company claims, a
more wholesome accompaniment...
Ahold has clarified the terms under which it would be obliged to
buy out its joint venture partners in Scandinavia and Central
America following a similar move in Argentina which took its toll
on the group's latest results.
Investment group 3i Group plc and the Swedish Industrial
Development Fund are making a first-stage investment totalling SEK
10 m (€1.06 million) in a microwave fast-food enterprise MicVac AB.
Revenues relating to the Scandinavian market for fresh organic
vegetables are forecast to double in the near future as consumer
demand for organic foods continues to rise in the region, according
to a new report from UK market...
US drinks giant Coca-Cola Company and Carlsberg, the Danish brewer,
agreed on Wednesday to split the Coca-Cola brand market between
them. Under the terms...
