Brussels / BE. (eu) Mariann Fischer Boel, Commissioner for Agriculture and Rural Development, announced that she will propose the total suspension of cereal import duties for the current marketing year unless market conditions justify their reintroduction before that date.
Dublin / IE. (iaws) The Irish IAWS Group PLC warns that food price inflation would impact on the trading environment for all food companies. However, it expressed confidence that its move into the huge US market would help it to continue delivering above average growth.
Bolton / UK. (wbl) Family run baker´s Warburtons has officially opened its new ten-million-GBP factory in Newport. The Bolton based company has created more than 200 jobs at its latest plant and has invested more money into expanding its product line.
Lakeland / FL. (pfi) Pepperidge Farm Inc. announced plans to invest in a new high capacity bread production line at its Lakeland (FL) bakery. An addition will be constructed to house the new line, bringing the total area of the plant to 320.000 square feet.
Minneapolis / MN. (gm) General Mills Inc. announces that its board of directors has elected Kendall J. Powell Chief Executive Officer of the company. Powell, age 53, joined the company in 1979 and was most recently President and Chief Operating Officer.
Helsinki / FI. (fg) Fazer Group has grown into a significant bakery company in Russia in ten years. Now also Fazer Amica offers taste sensations in St Petersburg, and its restaurant business has had a good start. The founder of the company Karl Fazer had great respect for Russian know-how.
Melbourne / AU. (khf / beu) Balfours is with own words Australia´s largest bakery. Based in Adelaide, South Australia, Balfours boasts three strategically located manufacturing plants, located in Dudley Park, Adelaide; Milperra, Sydney and Geelong in Victoria.
Manila / PH. (jfc) Jollibee Foods Corporation, operator of the Philippines largest fast food network, has acquired Chinese restaurant chain Hongzhuangyuan for 50,5 million USD.
Tel Aviv / IL. (im) Bakeries across Israel are threatening to stop the supply of common white and dark bread if controlled prices are not hiked by ten percent, following the sharp increase in flour prices due to the international shortage in wheat supply.
Sanaa / YE. (yt) A recent study by the Economy Faculty in Aden University indicated that 90 percent of shops in public markets sell fake commodities including all types of essential edibles, preserved foods, sweets, electrical goods, consumer commodities and cosmetics.