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.
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.
Unilever revealed its 2014 results this week and revealed its food sales fell last year, prompting CEO Paul Polman to admitted the Flora and Becel maker had lagged the change in how consumers viewed spreads. Elsewhere, Lifeway Foods CEO, Julie Smolyansky, insisted the business is not for sale.
European meat group HKScan is preparing to start exporting pork to China following approval from Chinese regulators who inspected its Forssa production site in Finland last August.
This week, Chobani refuted claims its CEO Hamdi Ulukaya is being pushed out of his position. Elsewhere, Tesco outlined a new strategy expected to have a profound impact on the companies that supply the retailer. Findus acquired Nestle's Spanish frozen food business La Cocinera and HKScan announced it was axing 95 jobs across two of its sites in Denmark. Here is the week in quotes
Finland-based meat processor HKScan is continuing the wide-ranging efforts to reshape its business with the sale of Swedish slaughterhouse Bertil Erikssons Slakteri.
Meat processor HKScan has announced plans to restructure two of its plants in Denmark - a move it expects to lead to up to 95 staff lose their jobs.
Finland-based meat processor HKScan is to offload an egg business in Estonia and the bulk of a hatchery unit in Finland, the latest moves to "simplify" its operations.
HKScan has announced it has taken up a 24% share in Svenska Kottforetagen AB, an industry organisation formed of a network of Swedish slaughtering company.
HKScan, the Finnish meat processor, has slowed its earnings decline in the face of falling sales and pressure on pricing.
HKScan has announced it is opening two European sites to boost production.
Finland-based meat group HKScan has finalised the cuts it will make to white-collar and managerial positions in its domestic market.
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.
HKScan Estonia AS in Packaged Food (Estonia)
As a further step in an ongoing process to clarify and streamline its legal structure, HKScan Oyj on 2 June 2014 merged its two Estonian subsidiaries, Rakvere Lihakombinaat AS and Tallegg AS, to form...
Chilled Processed Food in Estonia
Chilled processed meat and chilled fish/seafood remain hugely popular among Estonians. These product types, which are seen as a good source of protein and considered to healthier than canned/preserved...
Frozen Processed Food in Estonia
In recent years, the reputation of frozen processed food in terms of nutritional value and quality standards has improved in Estonia. At the same time, the trend towards busier lifestyles has strength...
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