For US and European companies exporting products to Russia, the operating environment has been challenging to say the least. Recent comments...
In a period of escalating international tensions, Russia is turning to the use of trade restrictions as a political weapon. This adds a laye...
Last week, a number of the challenges facing food manufacturers and retailers were once again thrown into sharp relief. The industry continued to grapple with the cyclical difficulties of a down global economy and weak consumer sentiment. However, a number of structural issues that, in some respects, represent the greater threat are also becoming increasingly evident.
There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories.
Scandinavian meat group HKScan plans to focus on product development and brand building in order to grow the proportion of sales it generates from added value products. Katy Askew spoke to Magnus Sjohlm, VP of business development, at this year's Anuga to find out more about the company's new-found focus on NPD.
Scandinavian meat-to-convenience foods group HKScan has downgraded its operating profit forecast for 2013 today. While the company has delivered on the turnaround plan it unveiled last year, it said export pressures and a shift in its product mix would hit EBIT. Nevertheless, CEO Hannu Kottonen insists HKScan will continue to drive operational improvements in the coming 12 months.
Meat processor HKScan today (8 February) announced plans for job cuts and a review of the group's operating model to "improve profitability and competitiveness" after a "weak" performance led to a sharp drop in operating profit for 2016.
Finnish meat processor HKScan is expanding in the domestic beef market through the acquisition of full ownership of Paimion Teurastamo.
HKScan is looking to streamline operations at two of its Finnish plants, Forossa and Outokumpu, in a move that will lead to job cuts.
Meat processor HKScan has said it now expects a sharper decline in 2016 operating profit than previously suggested.
HKScan, the Finland-based meat processor, has started an internal investigation into its operations in the Baltic states.
HKScan, the Nordic meat group, today (2 November) revealed its sales dropped during the first nine months of the year, pointing to a "disappointing" performance from its largest market, Sweden, and lower revenue in Finland and the Baltics.
European meat group HKScan has lowered its full-year profit forecast on weaker sales and higher costs.
HKScan, the Finnish meat group, has announced the appointment of Jari Latvanen as its new chief executive.
HKScan, the Finland-based meat products supplier, plans to expand a bacon factory in Poland.
HKScan, the Finland-based meat processor, today (4 May) posted lower first-quarter sales and profits on the back of price pressure in its domestic pork market and higher beef costs in Sweden.
HKScan, the Finland-based meat group, today (10 February) reported a fall in sales and earnings in the fourth quarter of 2015 but forecast its operating profit would grow this year.
HKScan has confirmed its CEO and president, Hannu Kottonen, will leave the Finland-based meat group.
This week, in the US, Campbell Soup Co. announced it would back proposed plans for blanket GMO labelling in the country, while General Mills announced its second acquisition in recent weeks, this time of meat snacks firm Epic Provisions. The industry also reacted to the release of the new Dietary Guidelines for Americans. Elsewhere, Ukraine hit back on a product embargo enforced by Russia, Danish Crown said jobs could be lost in the UK and we spoke to Urban Fresh Foods about its sale to Lotus Bakeries.
Finnish meat group HKScan is selling off its slaughterhouse businesses in Sweden in order to focus on core activities in the market and finalise its joint venture with Svenska Köttföretagen.
Finnish meat processor HKScan has announced the launch of a range of meat snacks in the UK.
European meat group HKScan said that it made progress on its drive for profitable growth when it reported third-quarter operating profit “on a par” with last year.
HKScan is preparing to invest approximately EUR80m (US$89.1m) to construct a production facility in Rauma, Finland.
HKScan plans to build a new poultry production plant in western Finland and shut its existing facility in Eura, a town on that part of the country.
HKScan has announced the acquisition of a 50% share in meat slaughterhouse Paimon Teurastmo from owner Kaivon Liha Kaunismaa Oy.
TreeHouse Foods first quarter sales surged – but the US food group cut its forecast for annual earnings. Inventure Foods revealed the devastating impact of the listeria recall. Meanwhile, Petra Foods commented on the slowdown in the Indonesian economy and weaker consumer sentiment. Here is just-food's weekly results round-up.
Nordic meat producer HKScan has introduced a range of halal chicken products in the UK market.
Finland-based meat processor HKScan has outlined plans for sales offices in China and Hong Kong.
HKScan, the European meat group, said it made "excellent progress" in its strategic transformation throughout 2014, a year of strengthening profits.
Finland-based meat processor HKScan has confirmed its latest restructuring measures in Denmark will lead to the loss of 88 jobs.
Russia has insisted it has no plans to lift the EU ban on food imports, its deputy prime minister, Arkady Dvorkovich, told an audience at the World Economic Forum on Wednesday (21 January).
Moscow's decision to ban EU shipments of pork products entering Russia is "clearly disproportionate, discriminatory and not based on science", Brussels said today (30 June) as it detailed why it had asked the WTO to intervene.
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