HUNGARY: Danone invests in dessert production in Hungary
The Hungarian subsidiary of French dairy group Danone has opened a new dessert production line at its Budapest facility.
The company invested 625m forints (US$2.7m) in the new production line, which will begin making Danette Duett desserts and has an annual capacity of more than one million units.
Danone Hungary posted 2002 after-tax profit of 1.2bn forints on revenue of 19.97bn forints, reported the Hungarian News Digest.
French food company Groupe Danone, the subject of takeover speculation, has reported a rise in sales in the first half of 2005 to €6.437bn (US$7.8bn), compared with 6.257bn a year ago....
The French government is concerned by the possibility of a hostile takeover of dairy company Danone, and would defend French interests in that regard, said prime minister Dominique de Villepin, accord...
Dairy food group Danone has appointed group secretary general Philippe-Loïc Jacob and vice-president R&D Sven Thormahlen to the Groupe Danone executive committee, in a move designed to ensure that all...
French food group Danone said on Monday that it planned to sell its Amoy sauce business in Asia, an asset that wasn't part of the sale of its sauce business to H J Heinz, according to the Dow Jones ne...
Biscuit-maker Poult has acquired Brittany-based family firm Panier Tanguy to become France's second biggest biscuit producer in the sector behind Danone's LU and the leading manufacturer of retailers'...
Danone's French biscuit-making and cereal products arm, LU France, has signed a lease agreement with distribution facilities and services provider ProLogis to occupy two warehouses near Paris and Lyon...
HP Foods, maker of HP and Lea & Perrins sauces, has attracted at least three offers, valuing the company at up to £500m (US$906m), according to the Financial Times....
France's Groupe Danone and Japan's Yakult Honsha have today (Tuesday) announced plans for a joint venture in India....
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