While most bakers fall under the Netherlands’ proposed Energy Cost Allowance (TEK), it arrives too late for artisan bakeries, which have taken the brunt of the abrupt energy cost increase and were forced to go out of business.
Russia said it would again uphold the agreement to guarantee the safe passage of the ships carrying grain from Ukraine. In a previous move, it had paused its participation in the deal for a few days.
Russia announced it would halt taking part in the Black Sea Grain initiative, a humanitarian agreement that supported the export of over 9 million tons.
CAOBISCO pointed out the impact the current energy crisis has on the sectors’ manufacturers and their ability to operate viably.
By Dr. Julien Huen, ttz Bremerhaven Resource scarcity is affecting nearly all sectors of the economy worldwide, with the baking…
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.
Robinson’s bakery, a family-run craft bakery from Failsworth, UK, faces an energy cost increase of GBP 250,000 per year.
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.
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 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.