Innovation including new nuts and chocolate products has contributed to a strong performance by the confectionery and snacks division of Norwegian-based business Orkla.
ConfectioneryNews.com presents an interactive map of the fastest growing and fastest falling chocolate markets in the world over the past five years complete with analysis from Euromonitor International.
Latvia’s largest confectionery producer, Laima, has announced plans to increase its export proportion from 40% to 52% over the next three years, with intentions to target new markets outside of Europe.
Belgian supplier Puratos says its undisclosed acquisition this week of 17-year-old Latvian fruit fillings firm, Pure Food, is about expansion into the central and eastern European and Nordic regions – and the supermarket channel - but its artisanal customer...
Ukrainian confectionery group, the Roshen Confectionary Corporation, has announced that is planning to invest €8m in the modernization of its caramel production facility in Lithuania.
Norwegian group Orkla said the purchase of Kalev Chocolate Factory by its subsidiary Felix Abba will bolster the group’s expansion efforts in Estonia and neighbouring countries.
Kalev Chocolate Factory led the Baltic chocolate and sugar confectionery market in the beginning of 2009, according to survey carried out by the market research company ACNielsen, writes the Baltic paper LETA.
Eastern European confectionery company Roshen has produced more
than 80,000 tonnes of confectionery in the year's first quarter,
taking $140 million (€104m) in sales and confirming its position as
a market leader in Ukraine's...
The Danish Brewery Group, Denmark's second largest beer maker, has
strengthened its position in the Baltic markets through the
acquisition of a controlling stake in Lacplesa Alus, Latvia's
number three brewer.
Icelandic-Lativian confectionery producer Laima has confirmed that
it is about to start caramel production in Uzbekistan in an attempt
to fend off increased competition once enlargement has taken place.