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European Business News – Week ending September 10, 2010

 Breaking News
  • Younger British Consumers Turn Over a New Leaf on Tea New research from Mintel reveals that as many as 37% of British consumers aged 25-34 have drunk 5-6 different types of tea at home or in the workplace over the past month*, compared to just 3% of those aged 55+. Furthermore, Brits aged 25-34 are the most likely to drink every variety of tea tracked by [...]...
  • Irish Consumer Confidence Hits New High Consumer confidence in Ireland has hit its highest level since the recession and is now the fourth most confident country in Europe, according to the latest Nielsen Global Survey of Consumer Confidence and Spending Intentions. The Republic of Ireland’s Consumer Confidence Index score – which measures attitudes each quarter on topics including personal finances and job prospects [...]...
  • Fifth Acquisition For Frutarom in 2017 Frutarom Industries, one of the world’s 10 largest companies in the field of flavours and natural specialty fine ingredients, continues its momentum of acquisitions and the implementation of its rapid and profitable growth strategy by agreeing to purchase of 100% of the shares of the UK company Flavours and Essences (UK) Ltd (F&E) for approximately [...]...
  • Market-leading Food Contact Conference, Plastics & Paper in Contact with Food – 4-7 December, Berlin Over 200 experts from across the food contact industry will come together in Berlin, Germany from 4–7 December 2017 to attend Smithers Pira’s Plastics & Paper in Contact with Foodstuffs (P&P) –http://www.food-contact.com/plastics-paper. With the European Commission having recently published EU regulation 752/2017 amending EU Regulation 10/2011 on plastic materials and articles intended for food contact, all [...]...
  • Croxsons’ Stunning Black Bottle For 6 O’Clock Gin’s Limited Edition Debut Leading glass packaging company Croxsons has supplied Bristol based distiller, 6 O’Clock Gin, with a stunning black bottle for their first limited edition gin product – the Brunel Edition. Since Bramley & Gage’s partnership with Croxsons for the re-launch of their 6 O’Clock gin, the Brunel Edition is the first limited edition gin for 6 O’Clock [...]...
  • Carlsberg Group Remains on Course Carlsberg Group has announced organic and reported net revenue growth of 2% to DKr31.77 billion (€4.27 billion) for the first half of 2017 although group beer volumes fell organically by 3%, chiefly due to a decline in Russia. Operating profit was up 15% organically, with all three regions – Western Europe, Eastern Europe and Asia [...]...

European Business News – Week ending September 10, 2010

September 01
09:58 2010

The first signs that rising ingredient and other input costs for food manufacturers are starting to filter through to food retail prices were revealed in the UK during the week. According to the British Retail Consortium-Nielsen Price Index, food inflation is up to a 13-month high. However, it is still well below the double-digit food inflation of two years ago.

Paul Bulcke, chief executive of Nestle.

The vast scale and global reach, in both mature and emerging markets, and careful strategic planning, which have made Nestle the preeminent food producer in the world, have been clearly evident. In the past seven days, the behemoth’s French food service distribution company, Davigel Davifrais, was reported to be planning to invest Eur6m to construct a new 7,000 sq m warehouse at its site in Metz, while in Sri Lanka Nestle was further expanding its dairy operations, and in the US Nestle Purina PetCare was acquiring a dog snacks business.

Meanwhile, with Swiss precision, in Ukraine, Nestle was opening a new service centre to facilitate its continued expansion in the emerging markets of Central and Eastern Europe. The centre in the Ukrainian city of L’viv will provide financial and HR services support to more than 20 countries in the region such as Russia, Poland, Romania, Hungary and Bulgaria. It will be modeled on Nestle’s two other internal shared service centres that support the Latin American region and the Asia, Oceania, Middle East and South Africa region. The three centres are run by Nestle Business Services – an international unit under the Nestle umbrella that performs a standardised and cost-effective way of running financial and HR services.

Peter Lauritzen, chief executive of Arla Foods UK.

Arla Foods has announced that it will establish the world’s first zero carbon milk processing facility at Aston Clinton, Aylesbury, in southern England. The site, due to be operational in 2012, will also be the world’s first billion litre liquid milk dairy and will entail investment of over £150 million. Accounting for over a quarter of group sales, the UK is central to Arla Foods’ future development. Indeed, the UK is the Scandinavian dairy group’s single largest national market.

Although 2009 was a tough year for UK dairy processors, the market fundamentals remain sound and reflecting this confidence in the long-term outlook, capital investment projects worth over £330 million are currently ongoing or just recently completed within the industry.

Coca-Cola Hellenic, the largest bottler of Coca-Cola products based in Europe, has taken another step in its move to cut CO2 emissions by an average of 20% across all 80 of its bottling plants, with the opening of a new energy efficient factory in Northern Ireland. A feature of the €130 million facility, which employs 600 people, is a combined heat and power (CHP) system that will cut CO2 emissions at the plant by up to 66% while supplying excess clean electricity to the local power grid. The CHP plant is the fourth to be officially opened and another 11 are under development, as part of Coca-Cola Hellenic’s commitment to combating climate change.

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