The collapse of the Black Sea grain could deal re-ignite food price volatility in Europe and plunge food consumers in dependent countries into food shortages, it has been warned.
CSM Ingredients has unveiled a 'novel' approach to sustainability in its ‘Thrive for Impact’ plan. The overall aim is to be what CEO Aldo Uva describes as ‘net positive’. But what does this mean? We caught up with the chief executive to ask...
Popchips has unveiled a new look and two new flavors - Fiery Buffalo and Fully Loaded – that it says will help the ‘popped, never fried’ brand showcase its strong taste and ‘crave-worthy’ credentials. It has also ditched some brand extensions to focus...
The Swiss food giant is restarting some of its operations in Ukraine in order to support the delivery of essential food and beverages to those who remain in the country.
Fresh warnings that conflict in Ukraine represents a threat to global food security land as European markets brace for spiking food prices and Unilever shares details on its response.
As Russia barrels down on Ukraine, multinationals like Grupo Bimbo, Nestle and Mondelez are closing operations citing safety concerns, and the already-stressed global wheat supply will get stretched to its limit.
The snack giant has broken ground for a state-of-the-art salty snacks plant in Novosibirsk, Russia’s third most populous city, which is situated in the southwestern part of Siberia.
The Federation of European Union Manufacturers and Suppliers of Ingredients to the Bakery, Confectionery and Patisserie Industries (FEDIMA) has signed a cooperative agreement with Russia’s Food Ingredients Producers Union (FIPU) to exchange information...
The wheat price has risen dramatically due to deteriorating crop prospects in EU and Russia caused by a prolonged, dry summer, forecast to send up the cost of the household staple.
tna has opened TNA Eurasia in Moscow to support food manufacturers in Russia, the Baltics and the wider region of CIS (Commonwealth of Independent States).
International bakery and confectionery business Fazer Group has announced it is to expand its operations with a new factory in Russia and the acquisition of an artisanal bakery in Finland.
Instant hot cereal is rising in Russia as urban consumers seek healthy, convenient options, but beware - indulgence remains top of mind, says an analyst from Canadean.
Unfavourable weather conditions in the Asia, Brazil and the US, coupled with increased political tension in the Black Sea region have led to a steep increase in world food prices, says the FAO.
Crown Food Europe, a business unit of Crown Holdings, has partnered with the Bonduelle Group, canned vegetables, to install a metal packaging production line at the company’s Novotitarovskaia plant in Krasnodar Krai, Russia.
International food packager and processor tna has appointed former HBTS employee Ekaterina Krakovskaya as regional sales manager for Russia, Commonwealth of Independent States and the Baltics.
Dutch bakery ingredients supplier Zeelandia has established a joint venture with importer East West Services to expand its presence on the Russian and Kazakhstani markets.
The SPI (The Plastics Industry Trade Association) has welcomed legislation put forward in the Senate this month that will make it easier for US companies to do business with Russia.
Finnish bakery and confectionery firm Fazer has identified potential in Russia for its bakery arm and hopes to foster growth by developing premium health products.
Economic downturn and a drop in demand have led to masterbatch producers ‘cutting back activity’ and seeking ‘wider markets’ such as Russia and Ukraine, a plastics market research consultancy has found.
Increasing disposable income and growing food expenditure are helping to creating an opening for foreign investment in the Russian food processing sector, according to a US government report.
Two leading paper and board manufacturers have sealed loan agreements worth €250m from the European Investment Bank (EIB) to upgrade facilities and productions at plants in Eastern Europe.
The Eastern European flexible packaging market is set for 'impressive' growth over the next 10 years, with Russian sector growth nearly in double figures.
Canadian-based packaging firm Technopac International has secured distribution rights to North, Central and South America and Russia for a high speed bread packaging machine it say can improve productivity by 60% and significantly reduce waste.
The European Bank (EBRD) has bought a €10m stake in Russian cake and biscuit producer Hlebprom, a partnership that will have financial as well as strategic benefits for the bakery manufacturer, said the bank.
The “record” attendance numbers at this year’s Modern Bakery Moscow trade fair reflects a growing demand for bakery technologies and products in Russia, according to event organiser Ost-West-Partner.
Co-ordinated EU-wide action is needed urgently to end food price volatility induced by market speculation, warns the European Flour Milling Association after wheat prices reached a 23-month high yesterday.
It’s too early to predict the impact of huge rises in wheat prices on European flour products such as bread and biscuits, according to the National Association of British & Irish Millers.
Kerry Ingredients and Flavours is expecting to see considerable growth in its business in Russia over the next five years, as a result of both its global customers investing in the country and its own investment efforts.
Specialty bread and pastry manufacturers need to focus on strong customer relations if they wish to succeed in the expanding Russian market, says a market insider.
New high-margin opportunities for bakers continue to open up in Russia as the economy flourishes, fuelling consumer purchasing power and raising demand for western-style breads and confections.
Higher food prices have led to larger areas planted with cereals in Russia and Ukraine, which is expected to result in higher agricultural output this year, according to the UN’s Food and Agriculture Organization.
“Food is a weapon – don’t waste it.” This message, which featured on a Second World War poster issued by the US Office of War Information in 1943, is a lesson from history we would do well to heed.
Cereal producer Kellogg has acquired the Russia-based United Bakers
Group as part of plans to expand its global footprint, the company
announced yesterday.
Canadian packaging and label firm CCL Industries is expanding into
Russia and neighbouring markets through a new company jointly owned
by Russian entrepreneur Ilgar Mamedov.
Despite uncertainty regarding European grain production, three
countries of the Commonwealth of Independent States (CIS) are
becoming increasingly vital suppliers to the world market.
Finnish group Raisio is to build a new oatmeal plant in Russia, in
a move designed to strengthen its position in the nation's fast
expanding food production market.
Barry Callebaut has begun construction of a new state-of-the-art
chocolate factory in Russia, which should help the chocolate giant
better target the central and eastern European market.
