News for the baking industry
Helsinki / FI. (fg) Fazer Group’s Experience Visitor Centre, which is known as an architectural landmark of Finland’s Vaarala area and a hotspot for international visitors, opened in October 2016. This November, a substantial part of the exhibition was renewed to provide an even more…
Minneapolis / MN. (cg) Cargill Company and Vattenfall partner with Windpark Hanze in the Netherlands, who will build a wind farm that is expected to reduce CO2 emissions by approximately 350,000 metric tons a year, which is equivalent to providing electricity for more…
Munich / DE. (bag) Germany’s BayWa AG is on track to achieve its highest earnings yet in its nearly 100 years of existence as a company. In the third quarter, BayWa increased its revenues to EUR 14.3 billion (Q1-3/2020: EUR 12.2 billion). Earnings before interest and tax (Ebit) jumped by…
Dublin / IE. (gg) Greencore Group PLC, a leading manufacturer of convenience food in the UK, issues its results for the year ended 24 September 2021. Performance Group Revenue up 4.8 percent to GBP 1,324.8 million, driven by a return to growth in food to go categories and solid growth in…
Stockholm / SE. (ica) Starting in this December, ICA’s highly automated warehouse in Brunna, Stockholm, is fully operational. ICA Group is the first in Sweden to open a warehouse with a highly automated solution for e-commerce food. E-commerce has grown rapidly in recent years…
Atlanta / GA. (fb) Cinnabon Inc., beside the brands «Auntie Anne’s», «Carvel», «Jamba», «McAlister’s Deli», «Moe’s Southwest Grill», «Schlotzky’s» and «Seattle’s Best Coffee» (in certain military bases and in certain international markets) a wholly owned subsidiary of Atlanta-based Focus Brands…
Leiden / NL. (coop) Europe’s Ingka Group (Ingka Holding B.V. and its controlled entities) reported total revenue of EUR 39.8 billion (EUR 37.4 billion FY-2020) in FY-2021 across its three business areas (Ikea Retail, Ingka Investments and Ingka Centres). Despite the challenges presented by the…
Solna / SE. (coop) Coop Sweden opens its second fully unmanned mini-branch in early December. Coop Butiker + Stormarknader opened the mini branch in Tystberga near Nyköping. The mini shop is used temporarily to support the renovation of the existing Coop shop in Tystberga and will…
Tampere / Fi. (kii) Kiilto Oy is the main supplier of cleaning and hygiene products for Raisio Group’s new plant manufacturing oat-based products. «Kiiltonians» have also assisted with the implementation and optimisation of the plant’s surface and CIP cleaning solutions, the company reports as follows. In August, Raisio Group…
Oslo / NO. (ok) At its digital Capital Markets Day event Norway’s Orkla ASA announced new main targets for organic growth, operating profit and sustainability. Active portfolio management – including acquisitions, disposals and partnerships – will play an important role for Orkla’s value…
