Fazer Group - food industry company news 
Quote, unquote: just-food’s week in words
26 March 2010
With spring in the air, food makers in Europe and the US seemed in buoyant mood this week. Finland’s Fazer Group claimed “more confidence” in 2010 and Switzerland's Orior insisted that the improved economic environment meant that the time is “right” to launch an IPO. In the US, Kroger and ConAgra Foods both suggested that the competitive environment and pressure on pricing was easing. Meanwhile, PepsiCo insisted that healthy products were profitable products as it unveiled plans for product reformulation.
On the money: Fazer CEO cautious on 2010
25 March 2010
The chief executive of Fazer Group today (25 March) issued a cautious forecast for 2010, with cost control to drive profits and tough trading conditions to weigh on the Finland-based baker and confectioner sales.
FINLAND: Cost focus boosts Fazer profits as sales slide
25 March 2010
Finland-based baker and confectioner Fazer Group booked a 2% rise in annual profits despite foreign exchange and the demerger from Cloetta weighing on sales.
Quote, unquote: just-food's week in words
4 September 2009
There is a truly cosmopolitan flavour to this week's 'week in words' with food execs from Mexico City to Moscow keen to voice their thoughts on some of the key issues affecting the industry. Grupo Bimbo, the Mexican bakery giant, has stood firm over claims of "deceitful" labelling, while Wimm-Bill-Dann, Russia's largest dairy firm, has sounded a warning on the outlook for the country's economy. Dairy prices are often a hot topic for many in the industry and this week was no exception, with France's Bongrain and New Zealand's Fonterra giving their prognosis of the market.
SWEDEN: Fazer candy unit plans delisting
12 January 2009
Fazer Konfektyr Service, the Swedish confectionery unit of Fazer Group, has announced that it will delist its shares from the Stockholm stock exchange.
SWEDEN: Cloetta Fazer seals name change
16 December 2008
Cloetta Fazer, the Nordic confectioner that is set to demerge, has announced the formal adoption of a change of name for part of the business.
SWEDEN: Cloetta Fazer in confectionery name change
26 November 2008
Cloetta Fazer has revealed that the confectionery side of its business will trade by the name Fazer Konfektyr Service following its split from Cloetta, announced earlier this year.
RUSSIA: Fazer Group to build Leningrad factory
29 September 2008
Fazer Group plans to construct a factory in the Leningrad region of Russia to produce fresh and frozen bakery products, the company has confirmed.
SWEDEN: Cloetta Fazer to change financial year
30 July 2008
Cloetta Fazer, the Nordic confectionery group set to split in two, has won Swedish government approval to change its financial year.
SWEDEN: Cloetta Fazer de-merger plans ratified
28 July 2008
Shareholders in Nordic confectionery firm Cloetta Fazer have approved plans to split the business in two.
RUSSIA: Fazer gets EBRD cash
2 July 2008
The European Bank for Reconstruction and Development (EBRD) has raised RUB3.5bn (US$150m) to finance the expansion of Fazer Group's bakery business in Russia.
SWEDEN/FINLAND: Cloetta Fazer to de-merge
16 June 2008
The strained relationship between the owners of Cloetta Fazer, the Nordic confectionery group, will come to an end after eight years when the company splits into two.
RUSSIA: Fazer chief bullish over Russian bakery
18 March 2008
Strong growth in Russia has driven the planned expansion of Fazer Group in the country, the president of the Finnish food firm told just-food today (18 March).
RUSSIA: Nestlé coy on Ruza but eyes Eastern expansion
30 October 2007
Nestlé has refused to be drawn on rumours that it is eyeing the acquisition of Russian confectioner Ruza.
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