Nestlé performance in Europe surprises analysts
Nestlé’s sales for the nine months to the end of September rose 7.3% to reach CHF60.89bn (€49.24bn), slightly short of expectations, but its positive European performance blindsided analysts.
Archives for October 19, 2011
Kraft shares €9m fine for German cappuccino cartel activity
Coffee roasting firms Kraft and Krüger have been hit by fines totaling €9m for allegedly fixing instant cappuccino coffee prices in Germany, activity that the nation's federal competition agency said most likely meant higher consumer prices.
Berlin Packaging gets behind groundbreaking eco bottle
A novel environmentally-friendly bottle that cuts plastic use by more than two thirds and has a 100% recyclable and compostable mould-fibre shell is set to shake up the beverage and personal care markets, claimed Berlin Packaging.
Crown braves bad weather and tough macroeconomic conditions
Multinational food and beverage metal packaging firm Crown Holdings has braved bad weather and tough economic conditions in Europe and the US to grow third quarter (Q3) net sales by 10 per cent compared with the same period in 2010.
EFSA begins BPA report review
The European Food Safety Authority (EFSA) has announced it is to launch a review on two reports which led to the banning of bisphenol-A (BPA) in France.