Mondelēz has started construction on a $15m R&D center in Poland as part of the company’s plan to create a global integrated supply chain and Research, Development & Quality (RDQ) network in Europe.
ConfectioneryNews.com presents an interactive map of the fastest growing and fastest falling chocolate markets in the world over the past five years complete with analysis from Euromonitor International.
Finnish firm Fazer has announced a strategic partnership with media company Rovio Entertainment to make Angry Birds branded confectionery as it aims to grow in international markets.
Newly de-merged Finnish confectionery company Fazer Konfektyr has announced plans to expand into Sweden while underlining its environmentally friendly credentials.
Barry Callebaut has highlighted Russia as a key target market in
Eastern Europe following the opening yesterday of its new chocolate
factory near Moscow.
Cloetta Fazer, Scandinavia's biggest confectionery company, has
revealed growth in the Nordic region despite decreased earnings due
to increasing price pressures.
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.
Benecol maker Raisio will use profits from its recent chemicals
unit sale to embark on a new strategy designed to position it as a
leading producer of plant-based foods and ingredients.
Latvian fruit and vegetable processing company Pure Food says that
it has reached an agreement with a major Chinese shopping chain to
supply its products there.
Following its takeover last year, leading Baltic State biscuit
maker Kalev Johvi Tootmine is to stop making its Maiasmokk brand of
biscuits because of excess market competition.
Finland's leading confectionery company, Leaf, has said that it is
to build a factory in St. Petersburg, Russia, for the production of
functional pastilles and lollipops.
A good third quarter sales performance in Finland helped Nordic
confectionery group Cloetta Fazer to a 33 per cent increase in
pre-tax profits for the period.
