Olam Food Ingredients (OFI) is looking for partners to scale efforts in tackling poor labour conditions – including child workers and miserable wages – in hazelnut communities in Turkey.
The sustainable plant-based edible oils and fats specialist will inaugurate its first Creative Studio in Istanbul in Q3, a dedicated workspace designed to accelerate customer innovation in the growing Middle East/North African markets, while adhering...
Kervan Group to invest in new equipment, expand operations and enhance its corporate governance standard with $ 7.5m loan from European development bank.
EBRD (the European Bank for Reconstruction and Development) and Esas Holding venture capital firm have acquired a majority stake in Korozo Ambalaj, in Turkey.
Turkish confectioner Ülker is aiming to become the leader in Egypt’s biscuit market and hopes to expand in the Middle East & North Africa, Central Asia, Russia and China through recent acquisitions.
Global ingredient producer ADM is pushing harder into the European starch and sweetener market, announcing the acquisition of major production facilities in Turkey and Bulgaria on Monday in the wake of changing EU sugar laws.
At the crossroads of east and west, Turkey offers huge promise but given the current political and economic situation, there are also challenges. FoodNavigator spoke to both Turkish and global companies at Food Ingredients in Istanbul this month to get...
UTZ Certified has begun a three-year initiative to develop a certified sustainable hazelnut supply in Turkey, which accounts for 70% of global production.
Turkish conglomerate Yildiz Holding has sold a 20% stake in its chocolate and biscuit business Ülker in a share offering as its Godiva business grows rapidly in international markets.
Barry Callebaut has opened its first chocolate factory in Turkey, while SunOpta has completed a organic and specialty cocoa processing facility in the Netherlands.
Ferrero has announced plans to build a new factory in Turkey in the province of Manisa to leverage its position in a confectionery market that has grown 120% since 2004, according to figures from Mintel.
Constantia has completed a deal to take over a Turkish flexible packaging outfit in a bid to boost growth in developing markets such as the Middle East, North Africa and parts of Eastern Europe.
Danish gum technologist Gumlink will team up with Turkish confectionery firm Yıldız in a new joint venture set to spear markets in Europe, Russia, Middle East and North Africa.
As prices for hazelnuts, two-thirds of which are sourced from
Turkey, slowly start to recover following global shortages,
pistachio production also shows signs of improvement following last
year's frosts.
The Balkans will be the setting for the Food Technology group show
2003 to take place in Istanbul, Turkey from 27 to 30 March 2003.
The exhibition will concurrently run three separate shows: Food
Technology, Food Ingredients &...
Cadbury Schweppes announced that it has agreed to acquire a 51 per
cent equity interest in Kent, the leading sugar confectionery
manufacturer in Turkey, in addition to a majority equity interest
in its distribution arm, Birlik.
