Canberra / AU. (gov) The federal government has given Australia´s livestock producers the green light to import grains, as local supplies plummet because of the ongoing drought.
Washington / DC. (ibt) The International Brotherhood of Teamsters (IBT) said it was teaming up with a baking company and an investment group in a bid to acquire Interstate Bakeries Corporation (IBC). Stating that its bid is aimed at «saving thousands of jobs at the bankrupt company», Teamsters said the partnership would bring financing from Yucaipa Companies, a holding company that has focused its activities on food retailing, and «operating prowess» from Bimbo Bakeries USA.
Parma / IT. (efsa) During 2005 the European Food Safety Authority (EFSA) received approximately 500 dossiers relating to nutrient substances added to food supplements and foods currently on the market in the European Union (EU).
Helsinki / FI. (fg) Fazer Group and the Tver bakery OAO Volzhky pekar made a decision in June about the initiation of strategic co-operation and Fazer purchasing the majority of the bakery´s share capital. During this autumn, however, Fazer and Volzhky pekar have both realized that neither party is at the moment prepared to carry out the planned deal.
Copenhagen / DK. (das) Danisco A/S is launching in Brazil a new range of unique sweeteners blends designed to replace sugar in bakery applications. Developing healthier, reduced or no added sugar, reduced calorie and fibre enriched baked goods is complicated because of the need to use a number of complex sugar reducing ingredients.
Philadelphia / PA. (bw) Tasty Baking Company, founded in 1914 and headquartered in Pennsylvania, is one of the United States´ leading bakers of snacks cakes, pies, cookies, and donuts with manufacturing facilities in Philadelphia and Oxford, Pennsylvania.
Weiden / DE. (owp) Satisfied faces at Modern Bakery Moscow: the some 180 exhibitors who took part in the 13th International Specialist Trade Exhibition for Bakery Equipment + Food Ingredients are now hard at work fulfilling their big haul of exhibition order business. Everything turned on bakery machinery, bakery and confectioner fittings and equipment, chocolate manufacturing machines, coffee processing, natural and functional foods at Expocentr Fairgrounds in Russia´s capital.
Northfield / IL. (kf) Kraft Foods Inc. reported strong third quarter revenue growth of 9,8 percent. Earnings per share excluding items affecting comparability declined as investments in growth initiatives and higher input costs, particularly dairy, more than offset the benefits of strong revenue growth, cost savings and share repurchases. The report in key points:
Madrid / ES. (ep) The turnover of the Ebro Puleva Group reached a level of 1.955 million in the first nine months of 2007 – 8,3 percent up on the same period of 2006. The Group also achieved growth in its operating figures, with a three percent growth in EBITDA to 215 million Euro, after investing 65 million Euro in advertising, 19 percent more than last year. The EBIT or Operating Profit was up 3,4 percent to 146 million Euro.
Leigh / UK. (fr) The fact that more and more excellent bakers are joining the ranks of FRITSCH customers is by no means mere coincidence. On the contrary, it is an indication of the high-quality these bakers have come to expect from the products of the German bakery systems manufacturer.