Sweden

Caramels & toffees and medicated confectionery driving growth in Swedish confectionery market

Unlikely drivers in the Swedish confectionery market

By Oliver Nieburg

Chocolate still rules the roost in Sweden, but two improbable sub-segments are set to help the sugar confectionery category grow faster in the next five years, according to market analysts Canadean.

Cloetta sealed a $960 merger with Leaf International last year

Cloetta feels pinch in several EU markets

By Oliver Nieburg

Sweden’s leading confectioner Cloetta has posted falling profits in the third quarter (Q3) as it struggled in several EU markets and was hit by higher raw material prices and restructuring costs from its Leaf merger.

Fazer to focus on Poland

Fazer to focus on Poland

Cloetta Fazer Group, the Stockholm-listed Swedish-Finnish
confectionery group, says it is planning to tap into the huge
potential of the Poland market. According to CEO Karsten Slotte,
the company is set to play a role in the consolidation...

Baltic biscuit wars

Baltic biscuit wars

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.

Cloetta Fazer unfazed

Cloetta Fazer unfazed

Tough economic conditions have taken their toll on Scandinavian
confectionery group Cloetta Fazer. A contraction in the Swedish
market has resulted in a drop in profit for the third quarter of
2003, which the company has attributed...

The Finnish product

The Finnish product

Arca Systems has won a long-term contract with Valio, the biggest
dairy in Finland, to supply new combination crates for dairy
products at a value of €2.2 million over a five year period.