Growing through international expansion, chewing gum giant Wm.
Wrigley Jr has closed on a €215 million deal to acquire the Joyco
gum and confectionery businesses from Agrolimen, a privately-held
Spanish food conglomerate. The acquisition...
Russian white sugar production from imported raw beet is reported
to be down by 23 per cent for the start of the year, as the sector
struggles against diminished supplies of raw materials and high
stocks of unsold processed sugar....
Quality is an issue that has plagued many food processors in Russia
over the years. But one company, Kraft Foods, claims that its
operations there - where it is a leading player in confectionery
and coffee - have witnessed tremendous...
The Russian sugar industry has suffered under the weight of poor
logistics, erratic raw supplies and a lack of financing. We spoke
to a leading industry analysts to find out how the industry is
facing up to these challenges and what...
German confectionery company Alfred Ritter has confirmed that it is
to build a €25 million factory in the Moscow region which will be
used to make the company's well known brand of Ritter Sport
A large proportion of Russian sugar processors have experienced
recession over the last year - so says a survey of leading industry
figures. However, the abolition of import taxes on imported raw
sugar might make things easier in...
German confectionery manufacturer Alfred Ritter is readying to open
up two new production lines in a 50/50 joint-financed project with
Russian company Odintsovo Confectionery. The $20 million investment
will see Ritter Sport brand...
Danone is on the verge of buying the Chocks & Roll business of
Spain's Chupa Chups, one of its last remaining foreign units.
Evidence that Danone is still determined to pursue its expansion in
Russia despite failing to buy...
Two years after the Russian authorities imposed massive import
duties on confectionery products in a bid to keep out cheap imports
from Ukraine, that country's biggest sweet maker Roshen is about to
take Russia by storm with...