In the wake of Iceland's financial meltdown, food manufacturers in the country have found themselves struggling with higher input costs. However, exporters have also flourished due to the weak currency. Gerald O'Dwyer reports. |
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ICELAND: Lur Berri takes control of Alfesca - Article (20th October 2009) Shares in Icelandic seafood group Alfesca have been delisted following the successful conclusion of a takeover bid from a consortium of shareholders, led by Lur Berri. ICELAND: Bakkavor losses narrow on sales gain - Article (26th May 2009) Icelandic food group Bakkavör has posted narrowing first-quarter losses as sales rose over the three-month period, despite a tough trading environment. Crunching the numbers: Iceland’s food industry - Article (14th October 2008) Nowhere in the world can the impact of the credit crunch be more clearly seen than in Iceland, a nation on the brink of financial implosion. As the events of the last week unravel, Iceland has found itself struggling to avert the alarming possibility that the financial meltdown could spread to the “real” economy and Iceland’s food industry now has to face a crisis not of its own making. Katy Humphries reports. |
