Vladivostok / RU. (it) Vladkhleb, the largest bakery in Russia´s Primorye Territory, is marking up the price of its most popular brand Podolsky by 0,80 RUB. The decision was made during a session of the company´s board of directors this week.
Thomasville / GA. (ffi) The board of directors of Flowers Foods Inc. announced a quarterly dividend of 0,15 USD per share, or 0,60 USD per share on an annualized basis.
Bolton / UK. (wbl) Family-owned baker Warburtons is to invest 45 million GBP (57 million EUR) in a new plant on the outskirts of Bristol. The «super-bakery», to be built on a twelve acre site at the Western Approach Distribution Park, will create 450 new jobs.
Denver / CO. (vri) Vicorp Restaurants Inc., operator of Village Inn and Bakers Square restaurants, and its parent company VI Acquisition Corporation, announced the appointment of Hazem Ouf as president and CEO.
Detmold / DE. (agf) The Association of Cereal Research organized the 59. Starch Convention in Germany. 202 participants from Austria, Belgium, Denmark, Egypt, France, Great Britain, India, Italy, Korea, Lithuania, Poland, Russia, Sweden, The Netherlands, Turkey, Uganda, USA and Germany visited this international well known congress.
Detmold / DE. (agf) The Association of Cereal Research organised its 4. European Bioethanol Technology Meeting in Detmold. 210 participants of Austria, Belgium, Denmark, Finland, France, Great Britain, Italy, Lithuania, Norway, Poland , Russia, Sweden, Switzerland, The Netherlands, USA and Germany visited this Meeting.
Paarl / ZA. (pfg) South African Pioneer Foods published its «Unaudited interim report for the six months ended 31 March 2008». Headline earnings increased by ten percent to 222 million ZAR (South African Rand) on the back of a 25,0 percent growth in revenue to seven billion ZAR for the six months ended 31 March.
Chicago / IL. (sl) Sara Lee Corporation announced that it has appointed Margaret M. Foran to executive vice president, general counsel and corporate secretary, effective June 30.
Chicago / IL. (bw) Fitch Ratings Ltd. has published a report that identifies leading financial stress indicators in the United States food and restaurants sectors. The report reviews several companies that have struggled financially and have, at some point, either filed for bankruptcy protection or become «fallen angels».
Dublin / IE. (iaws) The Irish IAWS Group PLC issues its first third quarter Interim Management Statement in accordance with the reporting requirements of the Transparency Regulations 2007. IAWS is an international Lifestyle Food and Agri company with operations in Europe and North America.