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Tag "investment"

Interim Profits Jump at Ter Beke

The benefits of efficiency investments and continuous cost control have helped Ter Beke, the Belgian ready meals and processed meats manufacturer, to increase EBITDA by 22.2% to Eur19.6m in the

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Nestle Opens Premium Chocolate Production Lines in Russia

    Nestle Opens Premium Chocolate Production Lines in Russia

To consolidate its operations in the Russian and Eurasia region, Nestle has opened two premium chocolate production lines. Creating 149 new jobs, the two production lines, which were transferred from

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Strong Showing From Heineken

    Strong Showing From Heineken

Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending

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Dairy Farmers to Increase Stake in Arla Foods UK

    Dairy Farmers to Increase Stake in Arla Foods UK

Arla Foods Milk Partnership, the British farmers group which supplies milk to dairy processor Arla Foods UK, is considering increasing its investment in the dairy processor. A final decision will

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Aryzta Makes Strategic Investments in North America, Latin America and Asia

    Aryzta Makes Strategic Investments in North America, Latin America and Asia

International speciality bakery group Aryzta is acquiring Tim Horton’s 50% share in Maidstone Bakeries, a Canadian joint venture between Aryzta and Tim Horton, for C$475m (Eur349m). The Maidstone facility was

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Strong First Half From Nestle

    Strong First Half From Nestle

Benefiting from deeper penetration in emerging markets of the world, the continued success of its premium products in both developing and developed markets and extra marketing investment, Nestle has increased

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Resilient First Half From Greggs

    Resilient First Half From Greggs

Greggs, the UK’s largest retail baker, increased total group sales in the 26 weeks ended 3rd July 2010 by 2.9% to £321m as like-for-like sales advanced by 0.7%, in line

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VION Investment Programme Creates 250 New Jobs in Scotland

    VION Investment Programme Creates 250 New Jobs in Scotland

Netherlands-based VION, Europe’s largest fresh meat group, is creating an additional 250 jobs within its Scottish operations. A multi-million pound investment programme, together with the support and commitment of the

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Roshen Investing €8m to Modernise Lithuanian Factory

    Roshen Investing €8m to Modernise Lithuanian Factory

Roshen Confectionery Corporation will invest Eur3.2m towards the end of 2010 in new production lines as the first phase of a Eur8m modernisation programme at its caramel factory in Lithuania.

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Europastry Investing €20m in 2010 as Sales Set to Reach €385m

    Europastry Investing €20m in 2010 as Sales Set to Reach €385m

Europastry is investing Eur20m this year to expand its production and logistics capacity in Spain. The Spanish and international bakery group is spending Eur12m on a third production line for

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Nestle Waters Invests in Poland

    Nestle Waters Invests in Poland

Nestle Waters Poland has opened a state-of-the-art home and office delivery water bottling factory in Rzeniszow, in the southern part of Poland, close to Krakow. Costing more than Eur5m, the

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Moy Park Commences £10m Expansion

Having recently received planning permission, poultry processor Moy Park has commenced work on extending the capacity of its site at Ashbourne in Derbyshire, England, by 25%. The expansion and upgrading

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Food Processing in India Requires $30 Billion Investment

India will need approximately over $30b worth of investment to completely restructure its processing-food industry to substantially lift up the share of its processed food trade, which currently stands at

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Pfizer Strengthens Infant Food Manufacturing Capabilities in Asia With $100m Investment

Pfizer has invested $100m in the expansion of its Singapore Nutrition Plant, which manufactures nutritional products for infants and children. The expansion, which brings the total investment in the plant

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Innovation and Investment at Heart of UK Food and Drink Industry Success

    Innovation and Investment at Heart of UK Food and Drink Industry Success

An ongoing commitment to innovation and high-value production are key reasons why the UK’s food and drink industry has emerged from recession in better shape than many other manufacturing sectors,

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Royal FrieslandCampina to Focus on Creating Added Value

    Royal FrieslandCampina to Focus on Creating Added Value

Netherlands-based dairy multinational Royal FrieslandCampina, which operates production plants in 24 countries and markets its products in more than 100 countries, has unveiled its new strategic plans and priorities for

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Nestle Investing in Greenfield Factory in Russia

Nestle Rossiya is investing SFr60m (Eur45m) in the construction of a greenfield factory in the Vyazniki district of Vladimir region (some 300 kilometers east of Moscow) to produce a wide

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Lantmannen Unibake Continues UK Expansion

    Lantmannen Unibake Continues UK Expansion

International bakery group Lantmannen Unibake has completed the takeover of UK’s leading supplier of sweet and savoury pastries and specialty breads, Bakehouse, by acquiring the remaining shares in the company.

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AG Barr Sparkles as it Breaks £200 Million Sales Barrier

Having broken through the £200 million sales barrier and lifted profits by 20% while significantly outperforming the UK soft drinks market in its 2009 financial year, Glasgow-based AG Barr has

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£320 Million Capital Investment by UK Dairy Processors

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 £320 million

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Ardo UK Consolidates With £16 Million Development

Ardo UK is now prepared to meet the growing consumer demand for frozen foods while also improving cost competitiveness after consolidating its two UK operations into a single site at

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Arla Foods Invests For Growth

    Arla Foods Invests For Growth

Having been forced by the severe economic environment in 2009 to make cuts across its business, Arla Foods has substantially increased its investment budget for 2010 to DKr1.84 billion (Eur250

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