Latest Insights

The rise of the 'professional shopper' in Greece 31 Jul 2017

Last week, Greece's Prime Minister, Alexis Tsipras, said the "worst" of the country's economic troubles were "clearly behind us". Two years ago, IRI's Panagiotis Boretos took to these pages to discuss how Greece's economic crisis was affecting consumer behaviour. Boretos takes the temperature of the market again.


Why better understanding of price vital to drive profits - column 29 Mar 2017

Food manufacturers operating across Europe, faced with differences in how sensitive different markets are to price, need to develop innovative pricing and promotional strategies to win, Dr Anthony Graham, IRI's executive vice president of international solutions and innovations, argues.


Greek crisis - The impact on shopper behaviour 28 Aug 2015

The economic turmoil in Greece has been one of the biggest business stories of the year. But what kind of effects has the crisis had on the ground? How have shoppers reacted? IRI's Panagiotis Boretos investigates.


In the spotlight: What Grexit could mean for the food industry 3 Jul 2015

This Sunday, Greece will decide whether to accept a proposal from its creditors following the breakdown of negotiations over its EU1.6bn debt repayment with the International Monetary Fund. If voters reject the proposal, Greece risks exiting Eurozone. Concerns over what this will mean for the food industry are rife and food manufacturers have started taking measures to prepare for the worst.


SIAL 2014: Fage targets Europe as US Greek yoghurt boom ends 22 Oct 2014

Greek dairy manufacturer Fage is eyeing growth in Europe as the Greek yoghurt craze in the US loses steam. Katy Askew caught up with the company at the SIAL exhibition in Paris to find out more.

Latest News

Unilever to offload Greek olive oil assets in strategic refocus 28 Sep 2017

Unilever plans to sell its olive oil assets in Greece as the company restructures its local product range to try to improve growth and profitability.


Greece's mandatory milk labelling plan creates industry opposition 13 Sep 2017

Greece's plan to make country-of-origin labelling on milk mandatory from 2018 has led to a backlash from some industry bodies.


EU states mull China legal fight over trademarks 11 Aug 2017

Greece has announced it and seven other EU member states may launch legal action over Beijing's refusal to ban China-registered trademarks of products falsely marketed as traditional EU-made foods.


Granarolo buys majority stake in Greece's Quality Brands International 5 May 2017

Italian agro-food group Granarolo has acquired a 50.01% stake in Greek dairy distributor Quality Brands International (QBI) for an undisclosed sum.


Greek flour firm Loulis Mills gets EBRD backing 16 Jan 2017

The European Bank for Reconstruction and Development is to provide EUR10m (US$10.6m) in long-term financing to Athens-listed Greek flour business Loulis Mills – the bank's first transaction in the agribusiness sector in Greece.


Food market news of the week - Plukon Food Group swoops for poultry peer Groupe Duc, Danone surprises on sales, could Weetabix be sold? 23 Dec 2016

Our M&A pages were busy this week, with Plukon Food Group swooping for poultry peer Groupe Duc, Lactalis moving again in an emerging market and Bunge adding a branded line to its business in Europe. Elsewhere, Danone surprised the market with a sales warning and there were threats of contamination of food on sale in Greece by a reputed group of anarchists.


Nestle, Unilever, Delta withdraw food in Greece after poisoning threat 21 Dec 2016

Unilever, Coca-Cola, Nestle and Delta decided to withdraw some of their products from supermarkets in Athens after threats of contamination were posted on a Greek website.


Creta Farms inks Spanish deal in Europe push 28 Nov 2016

Greek food group Creta Farms has inked a deal to develop new food products in Spain – and signed licensing and supply agreements to enter Bulgaria and Romania for the first time.


Greece plans to bring back origin labels on dairy 3 Oct 2016

Greece's rural development and food ministry has said it plans to re-introduce mandatory origin labelling for milk and dairy products sold in the country.


Fage to exit "highly unprofitable" milk business 6 Apr 2016

Fage, the Greek dairy company, is looking to sell its domestic liquid milk business, which the group described as "highly unprofitable".

Latest blogs

The sluggishness of FMCG in Europe laid bare 17 Aug 2016

An indication of how tough trading conditions are in much of Europe emerged today (17 August) with figures from Nielsen suggesting in the second quarter of the year the region's FMCG sector had grown at the slowest rate since 2008.


PZ Cussons shines light on doing business in Greece 21 Jul 2015

Food is a small part of the portfolio at PZ Cussons, the UK-based FMCG group better known for brands including Imperial Leather soap and Charles Worthington shampoo. However, the company is a major olive oil manufacturer in Greece and today (21 July) indicated how it is navigating the country's ailing economy.