EFA News - European Food Agency
4,648 news found
MeatsBanco BPM finances Inalca with €40 M for sustainable projects
"To invest more in renewables, accelerating the transition from biogas to biomethane"
Banco BPM recently completed a financing transaction for a total of 40 million Euros in favor of Inalca (Cremonini Group), leader in Italy and one of the major European players in the beef sector. The... more
Economy and financeQuaestio Solutions Funds - DeA Global REITs at the start
Focus on the real estate of the future: logistics, light industry and data centers
DeA Capital Real Estate Germany announces the launch of Quaestio Solutions Funds - DeA Global REITs, an FCP-UCITS fund managed in collaboration with Quaestio Capital Sgr. In two weeks from the authorization... more
PeopleDe' Longhi, the CEO leaves
Massimo Garavaglia abandons "for personal reasons"
The CEO of De 'Longhi, Massimo Garavaglia, will leave the post "for personal reasons", as announced in a press release from the group. The resignation will be effective from 31 August next and the company... more
AgrifoodThe progression of food farming is thanks to neuroscience
Supported by Importaco that has launched a line with natural probiotics obtained through nuts
"To predict the success of a product it is increasingly essential to start from the emotional reactions it arouses in the consumer". States Teresa Cercós Fortea, general manager of quality, environment... more
Catering and hospitalityBurger King Italy, Lazzaroni leaves to go to Briatore's Crazy Pizza
His post is taken over by Belgian CEO, Kevin Derycke
Change of leadership in Burger King Restaurants Italy, subsidiary of the Qsrp holding company: Kevin Derycke, CEO of Burger Brands Belgium, also part of the QRSP Group with the Quick and Burger King brands... more
DistributionGoodman Italy builds the Novate Logistics Centre
It covers an area where food & beverage sales are 12,3 billion euros nearby Milan
"Milan is the right city for the growth of these business models, both in terms of structure and in terms of appeal and ferment of demand". As said by Stefano Fierro, country manager of Goodman Italy,... more
BeverageThe bubble tea phenomenon has begun
Frankly’s crowdfunding campaign, the first Italian bubble tea chain, has recorded a +148%
Bubble tea has won investors over. The proof comes from the equity crowdfunfing campaign organized by Frankly, the first Italian bubble tea chain: in less then a month, the campaign went into overfunding... more
IndustryPeroni: Bari’s factory is increasingly sustainable
7000 sqf field of solar panels will allow to reduce Co2 emissions
Peroni Beer, in track with its goal of reaching zero emissions by 2030, has signed a deal with Absolicon, society specialized in technology supplies for the transition from fossil fuels, to build a 7000... more
Packaging and logisticsCpr System (packaging), 2021 in exponential growth
The group almost made 100 million euros in revenue. Branch kicked off in Spain
In 2021 the revenue data of Cpr System, cooperative group leader in production and recycling of plastic in Italy, have seen an increase of 20% of the consolidated revenue of the group that nearly hits... more
Packaging and logisticsReepack to americans of Pro Mach
The Bergamo-based Company is leader in automatization systems and industrial packaging
Pro Mach Italy 2 srl, brand controlled by the American multinational Pro Mach leader in the industrial sector of packaging, has acquired by the holding RPK s.r.l. – through a congent operation by M&A t... more
Economy and financeHyle Capital aquires Guaresi’s agricultural machinery
Third investment of the ‘Finance for Food one’ fund
Hyle Capital Partners, through its ‘Finance for Food One’ fund, has acquired the entire company that is Guaresi Spa, Italian excellence leader in the agricultural machinery sector.Founded in 1932 in Pil... more
IndustryFerrero: $214.4 million to expand its chocolate plant in Illinois
The new facility will be dedicated to the production of Kinder Bueno
Ferrero announced a $ 214.4 million investment to expand its chocolate processing and manufacturing facility in Bloomington, Illinois through its subsidiary Ferrero North America. The new facility will... more
NewsMcDonald's: $ 1.3B agreement with the French tax authorities
To settle a tax dispute and avoid a lengthy trial
McDonald's agreed to pay around $ 1.3 billion in fines and back taxes to settle a tax dispute in France and avoid a lengthy trial. The details of the deal will be discussed in a court hearing, the Wall... more
Ice creamTonitto 1939 (gelato), 2022 starts off good
Growth record compared to 2019. The export reaches Africa for the first time
Good results for Tonitto 1939 in the five months of 2022. Despite the post-pandemic difficulty, the price increases of the raw materials and the burst of the Russian-Ukrainian war, the Ligurian brand,... more
CoffeeRoasteries: Moak conquers Mokafè
The Sicilian brand buys out Piedmont
The Sicilian brand Moak has acquired the Piedmontese roastery Mokafè, with the goal of solidifying its leaderships in the market of the HoReCa secotr of northern Italy. The action unifies two long-established... more
Import-exportGermany: DHL price are increasing, especially in the US
The increase of flight, labor and shipping prices are affecting the situation
E-commerce: at the moment the increase doesn’t seem to be affecting the recipient. But for how long will this go on for?The multinational of logistic DHL will increase its fares for the shipping of packages f... more
WinesChianti: the promotion takes off again in Asia
Tour in South Korea and Vietnam
After the United States’ May promotional tour, the Consortium of Chianti Wine finally restarts travelling in Asia for an initiative reserved for professionals, local papers and importers.The tour stops w... more
Economy and financePolo del Gusto (Illy) takes over Rococo Chocolates
The brand and 3 london shops were acquired through Prestat
Polo del Gusto, a subholding from Illy’s group dedicated to food businesses other than coffee, has announced the acquisition of a third chocolate society, after Domori and Prestat: it’s the long-established Roc... more
Fairs‘True’ Made in Italy featured at Fancy Food in New York
Initiatives from Coldiretti and Filiera Italiana finalized to counteract Italian sounding
Against fake Made in Italy worldwide, Coldiretti and Filiera Italiana took action together at Ice-Agenzia in the most important fair event dedicated to culinary specialties, ‘Summer Fancy Food 2022’, tha... more
PeopleBiogas: Gattoni Vice-president of the European association
"Three-year decisive for the production goal of 35 billion cubic meters of biomethane"
The President of the CIB - Italian Biogas Consortium, Piero Gattoni , has been appointed Vice President of the board of EBA, the European biogas association. The appointment comes after the association's... more
Cheese and dairy productsSaputo reported strong growth numbers
"We expect a meaningful earnings improvement in fiscal 2023"
Saputo Inc. reported on 9 of June its financial results for the fourth quarter and fiscal year ended on March 31, 2022. The Canadian cheese giant, owner of Bologna football Club in Italy, reported 4Q revenues... more
Catering and hospitalityMcDonald’s Russia becomes ‘Tasty and that’s it’ (Vkusno i Tocka)
Exclusive: the images of the reopening of the long-established restaurant
New name (‘Tasty and that’s it’, which in Russian translates to ‘Vkusno i Tocka’), new logo and most importantly new owner for the 850 McDonald’s restaurants in Russia, after the decision from the America... more
News‘Urbani Tartufi’ celebrates 170 years
Olga Urbani: ‘We have revolutionized the market by bringing the preciousness of earth’s black gold all throughout the world’
This year the Umbria region based company ‘Urbani Tartufi’ celebrates an important milestone: 170 years in which the early days of the long-established company are celebrated. The truffle preservation com... more
Fairs'Ci Gusta' participates in the British Franchise Exhibition
The formats of Made in Italy casual dining on show from the 17th to the 18th of June
'Ci Gusta' will be present at the British & International Franchise Exhibition which will be held at Olympia London from the 17th to the 18th June. The concept and format of 'Ci gusta' have been examined... more
MeatsAmadori aims to a 1,7 billion revenue in medium term
As to the result of 1,36 billion in 2021 (10,5% more than the previous year)
Amadori has ended its reporting period 2021, with a revenue of 1,36 billion and an increase of 130 million more than the previous year. Ebitda was equal to 86 million, the net worth to 296 million, investments... more
Meats"With veal it's even better"
The European promotion campaign created by Assocarni and Sbk is underway
Veal has always been one of the favorite ingredients of Italian consumers and also in 2022 it will be the protagonist of the European promotion campaign co-financed by the European Union - 2019/2021 and... more
IndustryQinhai Food invests in research and development with Centric Plm
Objective: to build a digital platform for the development and management of plant products
Qinhai (Shanghai) Food Co., Ltd., a plant-based food company, has chosen to adopt Centric Software's Product Lifecycle Management (PLM) system. The latter provides innovative business solutions for planning,... more
NewsEuropean Commission authorizes two new geographical indications
They are lentils from Onano (Italy) and Hohenloher Birnenbrand (a German distillate)
This week the Commission approved two new Protected Geographical Indications (PGI): the Italian "Lenticchia di Onano" was added to the existing list of 1579 agricultural and food products, while the German... more
Import-exportBrazil export to EU records highest quarterly value in more than 25 years
Thanks to the strong demand and high prices of food and energy raw materials
In the first quarter of 2022, exports to Italy increased by 27.1%, for a total of 1.1 billion dollars more
Economy and financePrivate equity: investments in retail in Italy are growing
In 2021 operations for 557 million. Resca (Confimprese): "Synergistic relationship between finance and retail"
After two years of pandemic, in which the number of private equity and venture capital operations in retail has suffered a setback, going from 33 deals in 2019 to 19 in 2020 (-42%), 2021 has started running... more
IndustryThe Italian Bts Biogas consolidates its presence on the French market
The construction of two new plants in Brittany and Upper France is planned
Bts Biogas, active in the development and construction of biogas and biomethane plants, strengthens its presence in the French market with the construction of two new biogas plants in Brittany and Upper... more
Economy and financeGrowing market for plant proteins (including 3D printed)
Spanish startup Cocuus has raised €2.5 million in a funding round
Spanish startup Cocuus has raised €2.5 million in a pre-series A funding round to boost its production of plant-based protein foods. The round was led by Big Idea Ventures, the global alternative protein f... more
SustainabilityBat Italia is the first "sustainable" legal direction
It has successfully undergone the 4cLega Esg Accreditation process
Bat Italia's legal department is the first to undergo 4cLegal's ESG Accreditation process and to be accredited as sustainable, while others are currently being validated. Accreditation, in fact, is issued... more
Economy and financeUnifrutti, revenues of $ 720 million (+ 2%) in 2021
Agreement for the acquisition of the Abu Dhabi Adq
The Unifrutti Group, a global producer and distributor of fruit and other fresh products, recorded a total turnover of 720 million dollars for the year 2021, up 2% compared to the pro forma 2020 turnover,... more
Economy and financeHigh Quality Food debuts on the stock exchange
The group specialized in b2b food distribution is listed on the Egm list of Piazza Affari
High Quality Food, an Italian group active in the agro-industrial sector for the distribution of high quality food products to foodservice, has received from Borsa Italiana the notice of admission to trading... more
Economy and financeIfad, the first historic bond for rural development
Issue of bonds for 100 million dollars in collaboration with the Swedish Folksam
The International Fund for Agricultural Development (IFAD) today announced its first sustainable development bond issue in partnership with Folksam, Sweden's leading insurance and pension fund management... more
NewsBlocking of ports: the agreement between Russia and Ukraine arrives
Nearly two hundred million kilograms of corn for animal feed released, destined for Italy
The agreement on a corridor for the passage of ships loaded with cereals from Odessa also unlocks almost two hundred million kilos of corn for animal feed destined for Italy which are still in Ukrainian... more
HealthWorld Food Safety Day: #EUChooseSafeFood is back
The campaign promoted by EFSA, in collaboration with the Ministry of Health
Objective: to encourage citizens to reflect critically on their daily food choices. more
ForeignProjections: cereal production in Romania drops by 5%
On the other hand, that of sunflower and rapeseed will rise
According to the most recent forecasts of the European Commission, Romania could produce 1.4 million tons of cereals less this year than the previous year. Romanian production of wheat, corn and barley... more
Catering and hospitalityMichelin, the first guide of Estonia presented
First Baltic country to receive this recognition
Michelin has announced the first guide to Estonia, making it the first Baltic country to receive this recognition. The guide pointed to 31 restaurants, two of which were awarded a "Star". These are Noa... more
Economy and financeWine, positive first four months for Brunello
Almost sold out for 2016, 60% of 2017 production already on the market
First four months in good health for Brunello di Montalcino, with the 2 vintages making its debut on the market (Riserva 2016 and 2017) protagonists of excellent performances. This was revealed by the... more
NewsPaluani crisis: rescue offer from Sperlari
The bankruptcy court will analyze it in the June 10 hearing
Sperlari's offer for the rescue of the Paluani confirmed. The Veronese confectionery group controlled by the Campedelli family has filed with the Court of Verona the proposal received from the Cremonese... more
IndustryBasf strengthens its offer in digital farming
Acquired the Horta company after a long-term partnership
Basf announces the acquisition of Horta Srl, an Italian company specializing in digital solutions for agriculture, starting from May 30th. Founded in 2008 as a spin-off of the Catholic University of the... more
Economy and financeCrich biscuits, new growth, development and sustainability plans
From UniCredit, Bnl and Sace, credit lines amounting to 22 million euros to finance the projects
UniCredit and Bnl Bnp Paribas support the growth plans of the Nuova Industria Biscotti Crich with new credit lines for a total of 22 million euros. The credit lines thus structured, assisted by Sace through... more
ForeignImport: Ivory Coast suspends duties on wheat
The customs tax froze for three months
To counter the rise in the prices of basic necessities, the Ivorian government has adopted an exemption from customs duties on wheat imports. This was announced by the government spokesman, Amadou Coulibaly,... more
Cheese and dairy productsArla invests in the production of powdered milk
The company spent 190 million euros for the expansion of the Pronsfeld dairy (Germany)
Arla has officially inaugurated the new production facility in Pronsfeld, Germany. The expansion appears to be the company's largest investment in the dairy sector to date. In fact, 190 million euros were... more
FishRosso di Mazara goes online
The promotional video dedicated to foreign markets has been published/ Video
Rosso di Mazara, a family company that has almost a century of shipping history, has made public the new promotional video on its website and on the connected social channels. Under the guidance of the... more
Catering and hospitalityJulius Meinl in Italy supports the Dadi Home social inclusion project
The new B&B managed by people with disabilities has been inaugurated in Padua
Dadi Home was born from a project of the Vite Vere Down Cooperative, which has been involved for years in welcoming and including children with disabilities and Down syndrome. The new accommodation facility... more
IndustryDSM acquires Firmenich from Switzerland
A giant of nutrition and perfumes with two offices is born
Dutch chemical manufacturer Dsm has reached agreement to acquire Swiss flavor and fragrance manufacturer Firmenich and to sell its plastics engineering division, in order to become a major player in fast-growing... more
ForeignIndia: economy driven by food and logistics
Comgest focus on Varun Beverage and Adani Ports
India continues to experience high inflation, with the CPI at 7.0% in March compared to 6.1% in February. The sharp rise in global commodity prices is likely to keep inflation above the Reserve Bank of... more