bbi-2022-05-Resource scarcity: scope of action and perspectives for bakeries
By Dr. Julien Huen, ttz Bremerhaven Resource scarcity is affecting nearly all sectors of the economy worldwide, with the baking
Tag: war in Ukraine
IPCO closes Moscow office
Based on the current developments of the war in Ukraine, IPCO has decided to initiate the process to exit the Russian market and did so as of September 1, 2022.
Manchester bakery faces GBP 250k energy bill increase
Robinson’s bakery, a family-run craft bakery from Failsworth, UK, faces an energy cost increase of GBP 250,000 per year.
Scottish Bakers urges government for support
Scotland’s bakery association, Scottish Bakers, tells the country’s politicians that the industry is “facing an existential threat” and asks the UK government for urgent action to support, and provide relief to the trade.
First grain shipment leaves Ukraine, needs buyer
The first ship carrying grain left the Ukrainian port of Odessa under the landmark agreement it signed with Russia in Istanbul on July 22.
Dr. Oetker maintains sales levels, anticipates ‘significant’ cost increases
Dr. Oetker companies achieved sales of around EUR 3.7 billion in the 2021 financial year, on par with the 2020 results, despite market disruptions caused by the global pandemic. The company achieved around 66% of its total sales outside of Germany.
Starbucks exits Russia after 15 years
Starbucks is closing its 130 licensed cafés in Russia after 15 years, the coffee giant announced. Its licensee Alshaya Group operates these shops, Reuters reported.
AAK to leave Russia
AAK announced its plan to make a ‘controlled exit’ from its operations and investments in Russia. In March, AAK temporarily froze deliveries to, and sales in, Russia.
Fazer sells its Russian subsidiary
Fazer agreed to sell its Russian business to Kolomensky Bakery and Confectionery Holding, for an undisclosed amount, according to Interfax.
Lebanon disburses funds to avert bread crisis
Lebanon’s government will disburse USD 15 million to temporarily resolve growing bread shortages in the country, according to information Reuters has obtained from the Economy Minister Amin Salam.
Matthews Cotswold Flour Launches ‘Bake for Ukraine’ Campaign
Matthews Cotswold Flour has launched a two-month-long project called ‘Bake For Ukraine’, offering its award-winning flours at half price as part of the charitable campaign to raise funds for the war-torn country.
Mondelez Ukraine factory is heavily damaged
The production plant Mondelez operates in Trostyanets, a town in eastern Ukraine, suffered “significant damage”, the company said. No employees were injured in the attack, according to the information currently available.
