News for the baking industry
Copenhagen / DK. (das) In accordance with its strategic target of boosting growth in the core Ingredients business, Danisco A/S has signed an agreement for the acquisition of the shares in British emulsifiers producer Abitec Limited.
Riyadh / SA. (ac) Almarai Company, according to its statement the largest integrated dairy foods company in the world, announced its audited consolidated financial results for the year 2007. The company generated a consolidated net profit of 667,3 million SAR. Sales for the year amounted to 3.769,8 million SAR.
Berlin / DE. (igw) The supply situation on the world cereals market is more critical than at any time during the last 50 years. Worldwide cereal stocks have fallen to just under 15 percent of their capacity.
Berlin / DE. (bve) India will become an important market for the sale of foodstuffs. This was the view unanimously expressed by the experts who attended the discussions on the subject of «Export market India – current developments and the sales potential for the German food industry» during the IGW Forum in Berlin.
Berlin / DE. (igw) This days the Supervisory Board of the Central Marketing Company of German Agriculture agreed on a major re-organisation. There was unanimous approval for the management´s concept under its new General Manager.
Berlin / DE. (igw) The era of rock bottom food prices is over. In future consumers will also have to accustom themselves to rising food prices. The rates of increase will not match those of the past two years, a «stabilisation at a high level» can be expected.
Brno / CZ. (tfb) In the first March week the largest show of the food industry and related branches in new EU member countries will be staged. The complex of four fairs (Salima, MBK, Inteco, Vinex) will involve, by its broad scope, the whole food industry production, processing, business and gastronomy.
Hamburg / DE. (hmc) The bakery sector is being changed by globalisation and by the integration of markets. That makes it all the more important for the success of a company to get information on how to deal with present and future challenges.
Summer Hill / AU. (gc) Allied Mills has been successful in tendering for the supply of a range of bakery mixes to both Coles and Woolworths from 01 January 2008. These bakery mixes produced by Allied Mills are used in the production of in-store manufactured bread and cakes by these two icon Australian Retailers.
London / UK. (abf) Associated British Foods PLC (ABF) published its interim management statement about the period covered the 16 weeks to 05 January 2008. ABF said Christmas trading at the group´s budget fashion retailer was ahead of its expectations but reiterated its warning that reforms of the EU sugar regime will have a «large negative effect» on profits in the current year.
