News

Vegetarian Omega-3 ingredient approved by EU. Several European manufacturers have shown interest in the product by Croda Health Care, which is intended to make milk and yoghurt drinks, cereals and cereal bars even healthier.

Best Buy embarking on aggressive expansion in the UK. At present, they operate 1150 units in the USA, Puerto-Rico, Canada, China, Mexico and Turkey.

Südzucker joining contest for Ebro Puleva. Nordzucker from Germany and Tereos frm France have announced that they would be interested in buying the sugar division of the Spanish company.

More honey produced this year. 25,000 tonnes of honey is produced in Hungary annually, while revenues total HUF 12 billion. Export will most likely amount to 20,000 tonnes this year again.

Nettó supporting local farmers with PL milk. The milk with a 1.5 percent fat content will be available from August in the Nettó discount stores of Edeka, under the brand name „Ein Herz für Erzeuger” (A heart for farmers). 10 cents are to be paid to local organisations of farmers after each litre of milk sold by the chain.

EU encouraging production of organic food. An advertising campaign about the advantages of producing and consuming bio food has been launched by the EU Commission. The ads are targeted primarily at young people with the slogan „Bio food: good for nature and good for you” and intend to persuade them not only to consume but also to produce bio food.

Mars can buy Wrigley. The transaction has been approved by the European Commission, which means there is nothing to stop Mars from buying Wrigley for USD 23 billion. According to analysts, this deal is going to bring about major changes in the sector.

Subsidies still available for developing commerce. The deadline for submitting applications for GOP-2008-2.2.3. has been extended till 31. December by the competent authority.