Nestlé reduces presence in Russia
In response to political pressure, Nestlé said it was not making a profit in Russia, and announced it was suspending all sales of non-essential brands such as KitKat and Nesquik, among others.
Tag: war in Ukraine
Czech bakers anticipate bread prices to grow
The Association of Bakers and Confectioners in the Czech Republic said that an increase in the price of bread should be expected this year, due to rising costs of raw materials and energy, as well as concerns about the Ukrainian workforce. However, they expect no shortage of bread.
Grupo Bimbo stops business in Russia
Grupo Bimbo announced it is suspending sales of its Bimbo brand and halting new investments in Russia. The company continues to monitor and assess the situation as circumstances evolve.
Cargill, ADM to scale back business in Russia
Cargill Inc and Archer-Daniels-Midland (ADM) announced they would back business Russia, but would continue to operate “essential” food facilities there.
Mill Industry Association Zitounija decries flour export ban
As the government of Serbia decided to ban the export of flour, wheat, corn and oil, the Mill Industry Association, Zitounija, spoke against the measure. In total, Serbia planted wheat on an estimated area of 600,000 Ha last year.
Association of German Plant Bakeries lobbies for uninterrupted energy supply
The Association of German Plant Bakeries called for bakeries to be prioritized in the event of bottlenecks in energy supply, in a letter sent to the ministries of the federal states responsible for energy issues.
War in Ukraine: industry bracing for impact
Russia’s invasion of Ukraine, ongoing since February 24, is threatening the food supply in Europe, Africa and Asia. Ukrainian farmers have been forced to leave their fields as millions of people seek refuge.
Nestle reopens factories in Ukraine
Nestle announced it reopened its factories and warehouses in central and western Ukraine, to ensure the supply of essential food and drink in the country as the war continues into its second week.
AAK temporarily halts business in Russia
AAK has decided to temporarily halt deliveries to, and sales in, Russia. The country makes up for around 3% of AAK’s volumes (metric tons).
Messe Düsseldorf suspends business in Russia
As a consequence of the disturbing ongoing events affecting Ukraine, the Supervisory Board of Messe Düsseldorf has decided to suspend the group’s business activities in Russia until further notice.
Modern Bakery Moscow is postponed
In light of the current attacks in Urkaine, Messe Frankfurt Russia announced the decision to postpone Modern Bakery Moscow, which was originally set for the end of March, to a later date in June.
