Nerida Kelton’s second term as World Packaging Organization (WPO) Vice President of Sustainability & Save Food was confirmed at the beginning of 2024. “We have so many resources available now and there are so many more to come!” she commented on the organization’s work and upcoming projects.
The fifth installment of the Austrian Bakery Days took place on April 20 and 21, 2024, held at and around the backaldrin headquarters. On both days, backaldrin’s customers and partners could learn about the baking ingredients manufacturer’s current and traditional products. Around 4,000 international trade visitors came from all parts of the world.
Grupo Bimbo reports strong performance across most regions in the three months ending on March 31, 2024. During this time, the company’s gross margin expanded 90 basis points to 52.0%, due to lower raw material costs across every region, which was offset by higher labor costs.
Grupo Bimbo appointed Rafael Pamias as CEO, starting from May 1, 2024. The bakery also created the Executive Chair position, which will be held by previous CEO, Daniel Servitje. The Executive Chair will focus on strategic decision-making. The CEO will report directly to the Executive Chair and will be responsible for running the company.
The European Union is set to fine Oreo maker Mondelez for blocking sales across borders, according to a Financial Times report, which cites people familiar with the developments. The fine, possibly in the millions of Euros, could be announced as soon as next month, the financial publication says.