News for the baking industry
Zurich / CH. (bc) Barry Callebaut, the world´s leading manufacturer of high-quality cocoa and chocolate products, will enter the fast-growing Indian chocolate market by opening a sales office in Mumbai in September. The company will also inaugurate a new Chocolate Academy in India´s largest city in December, where Indian confectioners can enhance their chocolate skills through courses and practical workshops.
Madrid / ES. (ep) Ebro Puleva has reached an agreement to buy the German company Birkel Teigwaren GmbH, leader of the pasta sector in the country. The transaction is subject to approval by the German antitrust authorities.
Harare / ZW. (wib) President Robert Mugabe´s Zimbabwe is officially a socialist republic, predictably complete with a Politburo and worthless money. Currency traders quote Zimbabwean Dollar (ZWD) only with a black market exchange-rate: 300.000 ZWD for one USD – a depreciation of 30 per cent in the past week alone. Zimbabwe is a morality play, made hypnotic by its tragic ending.
