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October 2009 Entries

First Page: Diageo strike ballot gets go-ahead

October 30 2009 - Diageo workers at three of its sites in Scotland have voted overwhelmingly to back a ballot on industrial action following the threat of closures.     Read more [FoodBizDaily]

First Page: Net profit jump for Portuguese retailer Jeronimo Martins

October 29 2009 - Jeronimo Martins, which is the second-largest retailer in Portugal and Poland's largest food retail company, described sales growth in Portugal and Poland as "remarkable" and its operating performance as "strong and consistent”.  Read more [FoodBizDaily]

First Page: Coca-Cola to expand distribution cooperation with leading Swedish brewery Spendrups

October 29 2009 - Coca-Cola and one of the largest Swedish breweries Spendrups are planning to strengthen its distribution cooperation for a better environment and improved efficiency. Read more [FoodBizDaily]

First Page: German Nordzucker takes control of Greencore’s share in Sugarpartners (Ireland)

October 28 2009 - The German sugar producer Nordzucker has announced it is expanding its activities in Ireland after acquiring Greencore Sugar Ltd’s 50% shareholding in Sugarpartners.  Read more [FoodBizDaily]

First Page: Coca-Cola looking for growth opportunities in Ukraine

October 28 2009 - Coca-Cola is planning a major acquisition in the soft drinks market of Ukraine, local analysts believe. The company does not satisfy with its current position in Ukraine (with only 5-6% market share), looking for further growth opportunities. Read more [FoodBizDaily]

First Page: Ferrero lost patent protection of Raffaello brand in Ukraine

October 28 2009 - Italian confectionery giant Ferrero has lost the patent protection of its Raffaello trademark in Ukraine. Yesterday the Ukrainian Arbitration Court refused to satisfy the claims of the company to the Russian rival Landrin to ban the use of Raffaello trademark images on its chocolate packages. Read more [FoodBizDaily]

First Page: Carlsberg may leave Russian market if excise tax is adopted

October 28 2009 - Danish brewery Carlsberg may leave the Russian market, in the case of beer excise tax increase by 200%, as proposed by the Ministry of Finance of Russia, sources in the company have told. Read more [FoodBizDaily]

First Page: Axfood launches new private label brand

October 27 2009 - Axfood is launching a new private label brand which it claims will be responsive to customer feedback and offer the same quality as market-leading brands but at a cut price.  Read more [FoodBizDaily]

First Page: The increasing importance of emerging markets to Nestlé's bottomline

October 27 2009 - Nestlé CEO Paul Bulcke, does not hesitate when asked what has changed in Nestlé’s business development in the wake of the most dramatic financial crisis and global economic slowdown. Read More [FoodBizDaily]

First Page: Are AB-InBev and PepsiCo on the path to a future merger ?

October 26 2009 - Besides being Coca-Cola competitors, AB-InBev Carlos Brito, and PepsiCo Indra Nooyi apply similar trade policies. An agreement between PepsiCo and Anheuser-Busch lit a warning light at Coca-Cola. Read more [FoodBizDaily]

First Page: Irish Industry wants urgent action to tackle decline in exports

October 23 2009 - Urgent government action is needed to introduce a state-backed export credit insurance scheme for the Irish food sector following a significant fall in exports, said Food and Drink Industry Ireland (FDII).   Read more [FoodBizDaily]

First Page: Dairy recovery for Danone in Q3

October 23 2009 - French food group Danone said it has significantly accelerated volume growth in its dairy sector in Q3 following a programme of consumer prices cuts, new products and intensified advertising. Read more [FoodBizDaily]

First Page: Finnish Valio to launch yogurt line in Russia

October 23 2009 - One of the largest European dairy producers Finnish Valio has confirmed that it will launch a new line of a drinking low-fat yogurt under the brand Valio in December this year on the capacities of "Galaxy"  dairy processing plant in the city of Gatchina, Leningrad region. Read more [FoodBizDaily]

First Page: Brazilian companies close almost U$1 billion in sales at Anuga 09

October 22 2009 - The Brazilian participation at the Anuga International Food Fair in Germany yielded U$970 million in revenue. Sales expectations should take place within the next 12 months, according to information released by the Brazilian Export Promotion and Investment (Apex). Read more [FoodBizDaily]

First Page: Axfood to change and limit its purchases of palm oil for the Group's private label products

October 22 2009 - Axfood  has decided to change and limit its purchases of palm oil for the Group's private label products, in a measure intended to help protect rain forests in Southeast Asia. Read more [FoodBizDaily]

First Page: The Hershey Company announces third quarter sales of $1.4 billion

October 22 2009 - The Hershey Company today announced sales and earnings for the third quarter ended October 4, 2009. Consolidated net sales were $1,484,118,000 compared with $1,489,609,000 for the third quarter of 2008. Read more [FoodBizDaily]

First Page: Tough times for apple producers in Brazil

October 22 2009 - Apple producers are living one of its worst years in Brazil. The industry is experiencing a significant drop in exports and low prices in the domestic market during off-season. Read more [FoodBizDaily]

First Page: United Spirits gathers over US$ 320 million by selling shares to investors (India)

October 21, 2009 – United Spirits Limited, a subsidiary of UB Group, today said that the company has raised more than US$ 320 million by selling shares to investors.The company has sold 17.68 million equity shares through qualified institutional placement (QIP).  Read more [FoodBizDaily.com]

First Page: Acquisition of Mexican Femsa can open the door to the Brazilian high end market

October 21 2009 - Just over a year after Belgian-Brazilian InBev took control of Anheuser-Busch, owner of Budweiser, the global beer market is about to witness an important merger involving Femsa -Fomento Económico Mexicano- the largest beverage company in Latin America. Read more [FoodBIzDaily]

First Page: Brazilian meat coops join forces to compete with BRF Foods and Marfrig

October 21 2009 - A group of five coops who represent chicken and pork producers in the Brazilian states of Santa Catarina and Paraná is negotiating its merger through a holding company to market products in Brazil and abroad. Read more [FoodBizDaily] 

First Page: Coca-Cola reports unit case volume growth of 37% in India, 15% in China and 3% in Brazil

October 20 2009 - According to  quarterly financial results released today, the company experienced strong unit case volume growth in emergent markets, with  37% increase in India, 15% in China and 3% in Brazil. Read more [FoodBizDaily]

First Page: Carrefour looking for franchise partner in Russia

October 20 2009 - Europe's largest retailer Carrefour is abandoning Russia, but keeping plans to open its stores on the retail space of some Russian companies. Read more [FoodBizDaily]

First Page: Agro Dutch Industries restructuring its business in India

October 20, 2009 – Agro Dutch Industries Limited, the largest integrated mushroom company in the world, has said that the company has decided to restructure its business in India. Read more [FoodBizDaily]

First Page: Nestlé moves to strengthen position in Russian baby food market

October 19 2009 - Nestlé baby food sales in Russia are steadily increasing making the company one of the largest players in the Russian baby food market. According to local media last year the company was able to increase its Russian baby food sales by more than 60% up to $195 million over the previous year. Read more [FoodBizDaily]

First Page: Tariff system overhaul gives Australian dairy companies a better chance to compete in the US and Europe

October 19 2009 - Minister for Agriculture, Fisheries and Forestry Tony Burke today announced the Government had overhauled the system for allocating the United States and European Union dairy tariff rate quotas. Read more [FoodBizDaily]

First Page: Kraft plans to double Russian confectionery sales in 2009

October 16 2009 - The U.S. company Kraft Foods is looking forward to double its confectionery sales in Russia by the end of the year as well as to continue its investments in expansion in the local market, according to Kraft Russia CEO David Steer. Read more [FoodBizDaily]

First Page: EU trade deal with Korea could unlock a €19bn market

October 16 2009 - EU food and drink manufacturers are expected to reap the benefits of a deal between the European Union and Korea, estimated to be worth up to €19 billion in new trade.   Read more [FoodBizDaily]

First Page: India’s food processing industry will grow 30-40% in next 10 years: Ernst & Young

October 16, 2009 – India’s food processing industry will grow 30% to 40% in the next ten years as the global economy beginning to perk-up, India's food processing industry is expected to benefit from this and grow to around $260-billion from the present $200-billion in the next 6-years, according to Ernst and Young. Read more [FoodBizDaily]

First Page: Carrefour lost competition to Auchan in Russia

October 16 2009 - The Europe's largest retailer Carrefour has officially confirmed that it will sell its Russian business. The French retailer, which has recently opened two hypermarkets in Russia explained its decision as “ the lack of prospects for the Russian market leadership in the short and medium term”. Read more [FoodBizDaily]

First Page: Uniq slows its food sales slump

October 15 2009  -The European chilled convenience food group Uniq said its sales falls have slowed in the third quarter, partly due to restructuring its desserts business Read more [FoodBizDaily]

First Page: AMBEV to invest U$83 million in Northeast Brazil

October 15 2009 - Ambev is about to invest R$144 million in its Equatorial plant expansion in São Luis city and the construction of a new Direct Distribution Center (CDD) in Maranhão state, Brazil. Read more [FoodBizDaily]

First Page: Premier Foods’ brands boost Q3 volumes

October 15 2009 - UK food producer, Premier Foods, has reported strong branded sales in the last quarter, with Hovis leading the way  Read more [FoodBizDaily]

First Page: Kraft Foods to launch new coffee line in Ukraine

October 15 2009 - Kraft Foods is planning to launch a new line of packaging coffee in the Ukrainian city of Trostyanets (Sumy region), according to official sources in the company. Read more [FoodBizDaily]

First Page: Key financial advisor in Kraft bid for Cadbury dies

October 15 2009 - Bruce Wasserstein, chairman and CEO of Lazard, the company advising Kraft on its takeover plans for Cadbury, has died at the age of 61. Wasserstein was part of the Lazard team advising Kraft on the $16.7 billion proposal for Cadbury.  Read more [FoodBizDaily]

First Page: Cremonini will be making hamburgers for McDonald's in Russia

October 15 2009 - One of the largest European food and meat producers Italian Cremonini has confirmed that its planning  to invest more than 90 million euros in the construction of hamburgers plant in the Odintsovo region (Moscow) Read more [FoodBizDaily]

First Page: EU may grant 'Geographical Indication (GI)' protection for Darjeeling tea

October 15, 2009 – Darjeeling Tea, which is widely and universally acknowledged to be the finest tea because its flavor is so unique that it cannot be replicated, may be granted by the European Union a unique status that will ensure that no individual or an enterprise is granted its patent. Read more [FoodBizDaily]

First Page: Tesco chief says no margin for inefficiency in current market

October 14 2009 - Tesco chief executive, Sir Terry Leahy, has revealed how his own experiences of recession in Britain in the early 1990s, and in Asia after his appointment in 1997, has shaped Tesco's response to this latest economic crisis. Read more [FoodBizDaily] 

First Page: FSSA India to investigate Hindustan Unilever on malted beverage ‘Kissan Amaze’ false claims

October 14, 2009 – Food Safety and Standards Authority of India will soon investigate a claim that has advertised in the TV commercials by the country’s major food giant Hindustan Unilever Limited. Read more [FoodBizDaily]

First Page: Danone ad for probiotic drink banned over health claims

October 14 2009 - A TV advert for Actimel that said the drink was “scientifically proven” to help children’s natural defences can no longer be broadcast after the UK’s advertising watchdog said it was misleading. Read more [FoodBizDaily]

First Page: Italian fruit imports exceeded exports for the first time

October 14 2009 - Despite the fact that Italy remains the largest fruits producer in Europe, this year for the first time in the country's history the volume of fruit imports will exceed its exports, Italian media reports. Read more [FoodBizDaily]

First Page: ANIB Takes Brazilian Cookies to ANUGA

October 14 2009 - In search of opportunities in the European market, the Brazilian Association of Manufacturers of Biscuits (ANIB ) participated at the Anuga fair that ends today, in Cologne, Germany. Read more [FoodBizDaily]

First Page: M&S to take food shopping online to boost sales

October 14 2009 - Marks & Spencer is planning to set up an online food shopping service to meet customer demand, according to reports. The retail giant has apparently hesitated over taking food online because of the huge costs of setting up the distribution network. Read more [FoodBizDaily]

First Page: Russian watchdog suspects Danone, Wimm-Bill-Dann, Ehrmann and Campina involved in price fixing

October 14 2009 - The Russian Federal Antimonopoly Service (FAS) will examine today a recent case against four dairy majors, including Danone, Wimm-Bill-Dann, Ehrmann and Campina accused in the creation of a cartel in the Russian dairy market. Read More [FoodBizDaily]

First Page: India claims Pusa Basmati 1121 rice absolutely safe for consumption

October 14, 2009 – Denying the Iranian claim that the Pusa Basmati 1121 rice grains are genetically modified and are contaminated with heavy metals levels causing ill health are erroneous, Indian Council of Agricultural Research (ICAR) today said that the claim is incorrect and misleading. Read more [FoodBizDaily]

First Page: Iraq Imports Brazilian Canned Tuna for the First Time

October 13 2009 - Last week at the port of Itajaí (Santa Catarina - Brazil), Gomes da Costa Cannery initiated the loading of the very first batch of fish sold to Iraq by a Brazilian company. Read more [FoodBizDaily]

First Page: Kraft backs Lazard for Cadbury bid despite illness

October 13 2009 - Kraft is to continue with Lazard as its chief financial advisor in its takeover plans for Cadbury, despite the illness of its chief executive Bruce Wasserstein, according to reports.  Read more [FoodBizDaily]

First Page: UK food sales growth slows

October 123 2009 - The growth in food sales in the UK has slowed further on a like-for-like basis from September 2008, largely reflecting lower food price inflation, according to figures from BRC-KPMG.  Read more [FoodBizDaily]

First Page: Lithuania to resume milk and dairy exports to Russia

October 13 2009 - Lithuania will resume exports of milk and dairy products to Russia in the coming days, sources in the Lithuanian government have told. Read more [FoodBizDaily]

First Page: Supreme Court refuses relief to Pepsico India for labor hazards

October 13, 2009 – It’s a major set back for Pepsico (India) Holdings Private Limited as the Supreme Court of India has refused relief to the company which has sought police protection to one of its units in Maharashtra. Read more [FoodBizDaily]

First Page: Diageo to expand presence in Russia

October 13 2009 - British drinks giant Diageo is steadily expanding its presence in Russia, local media reports. According to recent market research the proportion of Diageo whiskey on the markets of the largest Russian cities is currently 55,3% (only retail sales), while gin - 31%, liquor -  36,9% , and premium vodka - 6,6%. Read more [FoodBizDaily]

First Page: Asian Human Rights Commission blames Monsanto, opposes trial of GM corn in India

October 13, 2009 – Asian Human Rights Commission (AHRC), a United Nations recognized human rights organization based in Hong Kong, has asked the central Indian state Madhya Pradesh government to stop the open air trial of genetically modified corn in Jabalpur.  Read more [FoodBizDaily]

First Page: Brazil launches program to regulate organic products in 2010

October 12 2009 - Starting next year, all Brazilian organic products (except those sold directly by farmers) must have the Seal of the Brazilian System of Organic Conformity Assessment (Sisorg) -which identifies organic products. Read more [FoodBizDaily]

First Page: PepsiCo to focus more on cheaper products

October 12 2009 - PepsiCo CEO Indra Nooyi predicts that "the era of parsimony" currently seen "among consumers in Western Europe" will continue next year despite the crisis in these markets being partially compensated by demand from emerging countries. Read more [FoodBizDaily]

First Page: Surya Food enters retail selling through Indian oil outlets

October 12, 2009 – Surya Food and Agro Ltd (SFAL), India’s leading biscuits manufacturers, has entered into an agreement with the Indian Oil Corporation (IOC) to distribute its food products through IOC’s 17000 outlets across the country.  Read more [FoodBizDaily]

First Page: Deloitte under spotlight over Bakkavor stake

Ocotober 12 2009 - The accountancy firm Deloitte has come under scrutiny in Iceland over its advisory role in the sale of a major stake in Bakkavor, which is one of the UK's biggest supermarket suppliers. Read more [FoodBizDaily]

First Page: Russia to start turkey exports to Arab countries

October 12 2009 - According to the first vice-prime minister of Russia Viktor Zubkov, the Russian producers have already agreed all the terms of future turkey supplies to Arab countries. "Turkey is in great demand in Middle East, offering big opportunities for Russia," – Zubkov added. Read more [FoodBizDaily] 

First Page: Kraft bid said to hinge on Cadbury update

October 12 2009 - Cadbury's trading update next week will be critical to its defence against a takeover approach from Kraft, as industry analysts cast doubts over its ability to achieve full-year sales targets, reports claim.  Read more [FoodBizDaily]

First Page: Efes Breweries announces reorganization of brewing business in Russia

October 12 2009 - Brewery giant Efes Breweries has confirmed that its starting the reorganization of its brewing business in Russia, planning to combine the operations of its JSC "Moscow-Efes Brewery" with Ufa (Bashkiria Republic) and Rostov-on-Don breweries. Read more [FoodBizDaily]

First Page: EID Parry acquires 76% stake in Sadashiva Sugars (India)

October 12, 2009 – The major sugar company in India EID Parry (India) Limited under Southern Indian state Tamil Nadu based USD 3.14 billion Murugappa Group has acquired 76% stake in the Kamataka based Sadashiva Sugars Lmited having capacity of 2500 tons per day and a 15.5.MW Co-generation Plant. Read more [FoodBizDaily]  

First Page: Acquisition of Somerfield stores helps Co-op boost profits and beat rivals (UK)

October 12 2009 - Britain’s fifth-largest retailer, The Co-operative Group, has announced a strong half-year performance as profits rose 17 per cent to £229 million.  The announcement follows its acquisition of 400 Somerfield stores in February, although it has already sold 200 to meet competition rules, according to a report published at timesonline.co.uk.  Read more [FoodBizDaily]

First Page: Korea's Pulmuone Holdings acquires Monterey Gourmet Foods for $45.8 million

October 9 2009 -- Monterey Gourmet Foods, Inc. has entered into a definitive merger agreement with Pulmuone U.S.A., Inc. to be acquired through a cash tender offer, followed by a merger with and into a subsidiary of Pulmuone, for a price of $2.70 per share in cash. Read full article [FoodBizDaily]

First Page: Kraft Foods plans to combine cookies and chocolate business in Russia

October 9 2009 - Kraft Foods is planning to significantly expand its cookies and chocolate businesses in Russia in the coming years starting with the renaming of its popular sponge-biscuit brand "Prichuda" in “Alpen Gold Chocolife». Read full article [FoodBizDaily]

First Page: Finnish Paulig to invest 20 million euros in Russian coffee market

October 9 2009 - The largest Finnish coffee producer Paulig has officially confirmed that it’s started the construction of its first roaster plant in Russia, in the city of Tver. The total investments in the project will amount to 20 million euros while the construction will be completed by 2011. Read full article [FoodBizDaily]

First Page: India’s onion export price likely to hike soon

October 8, 2009 – India’s major onion producing states like Andhra Pradesh, Karnataka and Maharashtra have have forced National Agricultural Marketing Federation (Nafed) to hike onion’s Minimum Export Price (MEP) to a record US$300 per ton for October. Read full article [FoodBizDaily] 

First Page: Nestle Ukraine to save on costs by purchasing local raw materials

October 8 2009 - Nestle Ukraine is planning to increase the share of raw materials (ingredients) buying in Ukraine for the production of its branded products, according to the official representatives of Nestle Ukraine and Moldova Public Relations Division. Read full article [FoodBizDaily]

First Page: BJ’s Wholesale Club reports sales of $928.0 million in September 2009

October 8 2009 - BJ’s Wholesale Club, Inc.  today reported that sales for September 2009 increased by 4.1% to $928.0 million from $891.1 million in September 2008. Read full article [FoodBizDaily.com]

First Page: Largest Russian retailer X5 Group to acquire Paterson in record deal

October 8 2009 - The largest Russian retail group X5 has officially confirmed it planning to buy one of its local competitors Paterson chain comprising about 80 supermarkets.  Read full article [FoodBizDaily]

First Page: India’s exclusive food items import rises 34.5%

October 8, 2009 – India’s total import of exclusive food items including alcoholic beverages, edible oil and vegetables rose 34.5% during the first four months of the current fiscal despite a 32.5% dip in the overall import of merchandise goods. Read full article [FoodBizDaily]

First Page: Nestle to invest 240 million Swiss francs in Russian coffee and ice-cream operations

October 7 2009 - Nestle Russia has officially confirmed that it’s starting preparing the documentations for the construction of new facilities of its one of the largest production site in Russia "Nestle-Kuban plant. Read full article [FoodBizDaily]

First Page: Tetra Pack to reduce sales volumes in Russia this year

October 7 2009 - One of the world’s largest food packaging producers Swedish Tetra Pack this year is planning to reduce its sales volumes in Russia by 2%-3% - up to 6-6,1 billion packages, according to "Tetra Pack” Russia CEO Igor Akimov.  Read full article [FoodBizDaily]

First Page: KS Oils (India) plans to invest US$ 76 million in Indonesia

October 7, 2009 – KS Oils Limited, a leading edible oil manufacture in India, has decided to invest around US$ 76 million in Indonesia through its wholly owned Subsidiary at Singapore K S Natural Resources Pte. Limited (KSNR) for the Palm Oil plantations. Read full article [FoodBizDaily]

First Page: Pernod Ricard sells top seller label "Almaden" to Miolo winery in Brazil

October 7 2009 - One of the most traditional wine brands in Brazil, Almaden, was sold yesterday by the French spirits and beverage group Pernod Ricard to Miolo winery. The deal, whose value was not disclosed, also includes the factory in Santana do Livramento (RS) and the company vineyard, the largest cultivated area in Latin America. Read full article [FoodBizDaily]

First Page: India’s PM urges state governments to come forward to develop food processing industry

October 6, 2009 – India’s Prime Minister Dr. Manmohan Singh has called for the rationalization and simplification of tax structure for the food processing industry. He complimented all the stakeholders in this industry for ensuring a healthy 14.7% growth for the sector during the financial year 2008-09. Read full article [FoodBizDaily]

First Page: Kraft loses court battle against Coca-Cola over the use of the word "fresh" (Brazil)

October 6 2009 - Kraft Foods Brazil suffered another defeat in the legal battle trying to prevent Coca-Cola to use of the word "fresh" in their products. The target of the multinational food industry is the 'Aquarius Fresh' soft drink that is been target by The Federal Public Ministry in another court action. Read full article [FoodBizDaily]

First Page: Heineken to stop Russian Ural lines

October 6 2009 - The world’s largest breweries continue to stop its production in Russia due to the necessity of costs reduction. Yesterday the Dutch brewing giant Heineken announced the termination of its beer production at the "Ivan Taranov Breweries” plant in the Orenburg region. Read full article [FoodBizDaily]

First Page: Fomento Económico Mexicano SAB (Femsa) in merger talks with SABMiller PLC and Heineken NV

October 6 2009 - Femsa, one of the largest beverage companies in Latin America is negotiating a merger of its beer operations with a larger competitor in a deal that could reach U$9 billion and would continue the global trend of breweries consolidation. Read full article [FoodBizDaily]

First Page: Pepsi struggling to keep up with Coca-Cola expansion in Georgian market

October 6 2009 - Coca-Cola is continuing its active expansion of  the Georgian soft drink market. Since the beginning of the year the market share of the famous  U.S. company has increased by 5%, so far exceeding more than 43%. Read full article [FoodBizDaily]

First Page: Carrefour to present Russian expansion plan

October 5 2009 - French Carrefour, the world's second largest retail group is planning to present its final expansion plan of the Russian market by the end of this autumn, according to Carrefour Russia CEO Jacobo Kayer. Read full article [FoodBizDaily]

First Page: Carlsberg hurt by new retrictions on beers sales in Russia

October 05 2009 - Carlsberg’s shares, the largest brewer in Russia, lost ground at the Copenhagen Stock Exchange negotiations, affected by the proposal of the Ministry of Industry and Commerce to ban Russian beer sales in kiosks and outdoor retail outlets. Read full article [FoodBizDaily]

First Page: Kraft Foods to open long-awaited confectionery factory in Russia

October 5 2009 - Kraft Foods has officially confirmed that it will launch its new long-awaited confectionery factory in the city of Sobinka (Vladimir region) on the 14th of October. The new plant will be mainly specializing in the production of biscuits under the brand names "Jubileenoe", "Barney", "Utrenney", "Prichuda” and «Shokobarokko». Read full article [FoodBizDaily]

First Page: India & USA firm signs agreement to promote Indian Black Tiger Shrimps

October 5, 2009 – The Marine Products Export Development Authority (MPEDA) under the Ministry of Commerce and Industry, Government of India, has signed an agreement for promotion of Indian Black Tiger Shrimp including the Co-Branding Agreement with SYSCO (USA). Read full article [FoodBizDaily]

First Page: Parle Products targets 25% share in Indian snack food market

October 2, 2009 – Parle Products Private Limited, India's leading manufacturer of biscuits and confectionery for almost 80 years, is making a strategy to achieve 25% market share in the Indian snack food market.  Read full article [FoodBizDaily]

First Page: EU Supreme Court grants olive oil traders the right to “purchase and storage” oil to avoid sinking prices

October 2 2009 - The EU Supreme Court has decided that olive oil market traders can set a privately funded system for product “purchase and storage” in order to avoid sinking prices, but where competition is not violated. Read full article [FoodBizDaily]

First Page: Russia remains the largest market for Californian almonds in Eastern Europe

October 2 2009 - Despite the economic crisis and a significant decline in food imports to Russia, the imports of Californian almond to the country decreased by only 2% during the last fiscal year (ended in September).   Read full article [FoodBizDaily]

First Page: India’s coffee exports drop by 24%

October 2, 2009 – India’s coffee exports has declined by 24% during January-September, 2009, according to Coffee Board of India data published yesterday.   Read full article [FoodBizDaily]

First Page: Brazil fighting barriers against pork meat exports. Seeking to triple export volume by 2015

October 2 2009 - Brazil could triple pork meat exports by 2015 if sanitary barriers against domestic products were gradually dismantled.  Exports this year reached U$1.2 billion. The estimated total sales for 2015 is 1.920 million tons, leading Brazil to seize 35% of the world’s market, a significant jump from the current 11%. Read full article [FoodBizDaily]

First Page: Ukraine milk exports to the European Union may be at risk

October 2 2009 - The European experts have completed the inspections of the largest Ukrainian milk processors hoping to start milk exports to the EU. The official results of the tests will be announced in a few weeks, but it is clear that the Ukrainian companies can not expect a positive response from the EU. Read full article [FoodBizDaily]

First Page: No official confirmation from Iran for ban on Indian rice

October 2, 2009 – Denying the reports Iran had banned an Indian basmati rice variety after finding it contaminated All India Rice Exporters Association (AIREA) said that the shipments are still continuing.   Read full article [FoodBiDaily]

First Page: Brazilian supermarket sales up 4.12% in August

October 1 2009 - In August 2009 sales of the segment grew 4.12% over the same month in 2008, according to the National Sales Index, released monthly by the Brazilian Supermarket Association (Abras) . Compared to July 2009 there was a slight increase of 0.80%. Read full article [FoodBizDaily]

First Page: Russia to avoid dependence on meat imports

October 01 2009 - The Russian Government will reduce quotas on meat imports to the country in 2010, sources in the Ministry of Agriculture have told. The Russian meat producers are gradually increasing their proportion in the market, hoping to increase its market share to 82% by 2012 their from the current 68%. Read full article [FoodBizDaily]

First Page: India approves US$ 45 million for food processing industries

October 1, 2009 – The Government of India has today approved US$ 45 million for several schemes such as Research and Development in Processed Food Sector, Setting up and Up gradation of Quality Control, Food Testing Laboratories among others. Read full article [FoodBizDaily]

First Page: Italy to start exporting apples to Russia

October 01 2009 - One of the largest Italian fruit exporters associations FROM has confirmed that it’s planning to export more than 25,000 tonnes of apples to the Russian market by the end of the year.    Read full article [FoodBizDaily] 

First Page: Unilever starts tea origin certification program in Brazil

October 01 2009 -World demand for tea is growing at a faster pace than its supply this year. But consumers, particularly in Europe, United States and Japan want to make sure that by drinking their cup of tea they are not helping to destroy the environment. Read full article [FoodBizDaily]

First Page: Delhi government announced excise policy for 2009-10 on liquor

October 1, 2009 – The State Government of Delhi yesterday has announced Excise Policy for 2009-10 on alcoholic beverages. The decision was taken by a Delhi cabinet meeting chaired by Chief Minister Mrs. Sheila Dikshit which approved the Excise Policy for 2009-10. Read full article [FoodBizDaily]

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