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  • Ambitious Enterprise Cross-Border Rail Strategic Development Plan Launched Translink and Iarnród Éireann have launched an ambitious new strategic development plan for the Cross-border Enterprise Rail Service between Belfast and Dublin. Called ‘Better Connecting Dublin and Belfast’, the strategy sets out a road map of how both companies jointly plan to further enhance the service on this important north/south rail corridor. The plan launched by [...]...
  • More Milk Needed to Cover Demand in 2030 – New Technologies Will Help Between now and 2030 worldwide demand growth for milk and milk products will be three times the level of current US milk production. This was one of the main findings of the latest publication, from the IFCN – the Dairy Research Network – discussed at the 19th IFCN Dairy Conference, held at Teagasc, Moorepark, Cork. Today, [...]...
  • IDA Reports Strong First Half IDA Ireland, the inward investment agency of the Irish Government, has reported a very strong first half of 2018. IDA expects that investments approved in the first half will lead to the creation of over 11,300 jobs as companies roll out their plans over the coming months and years. This compares with 11,000 over the [...]...
  • Building and Construction Output Increased by 7.4% in 1st Quarter 2018 According to the latest CSO figures, the volume of output in building and construction increased by 7.4% in the first quarter of 2018 when compared with the preceding period. This reflects increases of 5.6%, 5.5% and 1.1% respectively in the volume of residential building work, non-residential building work and civil engineering work. The change in the [...]...
  • Housing Market Failing Younger Generations, Says First Woman President of IPAV The current housing market is failing our younger generations, according to Ella Dunphy (pictured) of DNG, who recently became the first woman President of IPAV, the Institute of Professional Auctioneers & Valuers. She was speaking at the organisation’s AGM and annual conference at the Lyrath Estate Hotel, Kilkenny. “It’s a market where those with the greatest [...]...

T-Systems Signs Major Deal With SABMiller

  T-Systems Signs Major Deal With SABMiller

As part of a strategic review of its global infrastructure, SABMiller has awarded T-Systems the contract to provide its global backbone and European network. New network capabilities to be introduced by T-Systems will increase the volume of traffic that is supported on available bandwidth while reducing total cost of ownership.
“At SABMiller we are globally integrating […]

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Denny Bros Introduces Wraptac – The New Print Your Own Multi-page Label

  Denny Bros Introduces Wraptac – The New Print Your Own Multi-page Label

With much more space than a conventional label and suitable for most container types, Wraptac from Denny Bros Ltd lets you print as many or as few labels as you need!
The space comes from one of Wraptac’s core features – it is several times longer than the original label you might be using but wraps […]

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No Lessons Learnt From Horsemeat?

A number of recent news stories have highlighted ongoing issues with food mislabelling and fraud. Recent testing commissioned by West Yorkshire Councils highlighted an alarming number of instances of mislabelled food products, and this week has seen further reports of more than 1200 tonnes of fake food seized as part of an Interpol-Europol investigation.
The Europol […]

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Strong Progress By Bakkavor

  Strong Progress By Bakkavor

Bakkavor has once again outperformed the UK fresh prepared food market with revenue growth of 4% to £1.649 billion for 2013. Adjusted EBITDA improved by 1% to £111.6 million, however, EBITDA margin slipped from7.0% to 6.8%.
The food group’s margin was impacted by raw material inflation, although partly offset by the efficiencies generated from further growth […]

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Disappointing First Year Results at Mondelez International

  Disappointing First Year Results at Mondelez International

Mondelez International has reported its first annual financial results since being separated from Kraft Foods’ North American grocery business in October 2012. The global snacking and beverages group increased net revenue by 0.8% to $35.3 billion and operating income by 9.2% to $4.0 billion in 2013, while operating income margin was 11.2%. Organic net revenues […]

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Kellogg Announces Global Commitment to Fully Traceable Sourcing Of Palm Oil

  Kellogg Announces Global Commitment to Fully Traceable Sourcing Of Palm Oil

Kellogg Company has announced a global commitment to work with palm oil suppliers to source fully traceable palm oil, produced in a manner that is environmentally responsible, socially beneficial, and economically viable. To do so, Kellogg is working through its supply chain – from suppliers to processors to growers – to ensure that the palm […]

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PepsiCo Achieves 2013 Financial Targets

  PepsiCo Achieves 2013 Financial Targets

PepsiCo has reported a 1.4% increase in net revenue to $66.4 billion and a 9.2% improvement in net income to $6.8 billion for 2013. Organic revenue grew 4% primarily reflecting effective net pricing. Structural changes, principally the refranchising of certain beverage operations, negatively impacted reported net revenue performance by 1 percentage point and foreign exchange […]

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Latest Product Innovations From ASPEN at Foodex 2014

  Latest Product Innovations From ASPEN at Foodex 2014

In specialist food processing environments practicality is as important as maintaining the necessary hygienic conditions. Inappropriate working conditions directly affect the daily operations in food and drink processing, which develops health and safety problems that can stop operations in their tracks and lead to processing delays.
Recently, ASPEN by Canal Engineering Ltd has been working with […]

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New Hygienic Rooms For Fresh Food Processing

  New Hygienic Rooms For Fresh Food Processing

When maintaining a hygienic environment there are many elements to be considered by a contractor before any construction can begin. One of the main elements in the food processing industry is the flooring. Having an inappropriate flooring installed in a processing room that is in use and cleaned down on a daily basis can lead […]

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Taste Ireland Sign Distribution Deal With Australian Retail Giant Coles

Irish entrepreneur Eamon Eastwood has secured a major coup for his Taste Ireland business, signing a deal with Autralian retail giant Coles to stock Irish products in 600 stores.
Coles supermarkets will have a new dedicated Irish section selling Tayto crisps, Barry’s Tea, Club Orange and other favourites.
The contract will represent retail turnover of more than […]

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Food Safety and UV-Cured Printing Inks : RadTech Europe is a Key Information Provider for Brand Owners and Retailers

There is much to be said in favour of radiation-curing inks, as world-leading manufacturers of packaging print equipment – and their users — have already discovered. Because UV inks and their EB equivalents cure faster, work throughput is much faster than with traditional print drying tunnels. Just as importantly, UV inks deliver high-quality, crisp, graphics […]

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Weidenhammer Deal for A&R Carton Lund and Flextrus is Called Off

A planned acquisition deal between AR Packaging Group and Weidenhammer Packaging Group has been called off.
In November 2013, the Weidenhammer Packaging Group (WPG) and the AR Packaging Group (AR) agreed in a joint Letter of Intent that WPG would purchase the two businesses A&R Carton Lund and Flextrus.
The AR Packaging Group recently informed WPG that, […]

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Business Angel Food Syndicate Invests €700k in Elivar

Sports nutrition company Elivar has raised €700,000 from multiple sources, including the HBAN Food Syndicate, Enterprise Ireland and other private investors.
Elivar develops a range of sports nutrition products, specifically formulated and tailored for the over-35 age group.
On the back of this investment, Elivar will create 10 new jobs by the end of 2014. The positions […]

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Puratos Introduces Topfil, Fruit Fillings with Wild Berries

With the new Topfil range of fruit fillings, Puratos introduces the superior taste of wild berries to its bakery, patisserie and chocolate customers. The Topfil range includes up to 60% of wild fruit sourced directly from the Baltic forests.
Consumer tests have shown that consumers are more willing to purchase products that contain wild berries rather […]

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Heineken Increases Irish Market Share

  Heineken Increases Irish Market Share

Despite a decline in the overall Irish beer market during 2013, Heineken Ireland has made market share gains and continues to extend its leadership of the lager segment. Covering both the Republic of Ireland and Northern Ireland, Heineken Ireland employs 544 people and maintained its revenue at €477 million in 2013, driven by robust company […]

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Solid Results From Cosun

  Solid Results From Cosun

Agri-industrial co-operative Royal Cosun has achieved a strong financial result for 2013 with almost all business groups reporting higher turnover. This was due to higher selling prices, organic growth and a number of smaller acquisitions. Group turnover passed the €2 billion mark for the first time in 2013.
At €2.2 billion, consolidated turnover was 11% higher […]

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Further Expansion By Proseal

  Further Expansion By Proseal

Food industry heat sealing specialist Proseal has opened a new factory in the UK. Formed by directors Steve Malone and Robbie Hargreaves in 1998, Proseal has not only become the leading manufacturer of tray sealing machinery to all the main food producers in the UK, but is now recognised as a major force internationally, having […]

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Challenging Year For Heineken

  Challenging Year For Heineken

Heineken has posted a 1.3% increase in 2013 group revenue to €21.3 billion, despite a 2.7% decline in group beer volumes. Group operating profit (beia) increased 2.8% and grew 0.6% organically to €3.192 billion, and group operating margin expanded by 20 basis points from 14.8% to 15.0%. Net profit (beia) of €1.59 million was 2% […]

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Grupo Bimbo Expands European Presence

  Grupo Bimbo Expands European Presence

Mexico-based Grupo Bimbo has agreed to acquire Canada Bread, one of the leading manufacturers and marketers of bakery products, including sliced bread, buns, bagels, English muffins and tortillas in Canada, frozen bread in North America and specialty bakery goods in the United Kingdom.
The transaction, valued at C$1.83 billion (Eur1.22 billion), advances Grupo Bimbo’s global growth […]

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Nestlé Focuses on Skin Health

  Nestlé Focuses on Skin Health

Nestlé’s board of directors has approved a broader strategic long-term orientation for the company, building on Nestlé’s historic strength as a science-based nutrition, health and wellness company. The recent creation of Nestlé Health Science and the Nestlé Institute of Health Sciences reinforced this strategic direction and focus on helping consumers lead a healthier life through […]

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Robot Uptake Increases by 60% in Food and Drink Sectors

  Robot Uptake Increases by 60% in Food and Drink Sectors

UK robot sales figures for 2013 from the British Automation and Robot Association (BARA) reveal a 60% increase in robot uptake within the food sector, compared to 2000 results.
With an install base of 2,685,000 products worldwide, FANUC Robotics’ Managing Director Chris Sumner comments: “Our hope is that robots will improve the competitive edge of firms […]

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Nestlé Reports Full Year Organic Growth of 4.6% But Net Profits Slip

  Nestlé Reports Full Year Organic Growth of 4.6% But Net Profits Slip

Nestlé has reported a 2.7% rise in sales to SFr 92.2 billion (Eur75.4 billion) for 2013, impacted by negative foreign exchange of 3.7%. Organic growth was 4.6%, comprising 3.1% real internal growth and 1.5% pricing. Acquisitions, net of divestitures, added 1.8% to sales.
Net profit at SFr10.0 billion was down slightly due to the costs of […]

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Steam Expertise From Bürkert Reduces Costs in Pet Food Production

As with human food, the production standards laid down for pet foods are rigorous, requiring manufacturers to ensure that production processes are carefully controlled in order to deliver a consistent, high quality product. A large part of achieving this is dependent on the cooking process, which involves the controlled use of steam – an area […]

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Premier Foods Buys Ngwane’s Flour Milling Operation in Swaziland

UK-based Premier Foods has taken over the wheat and flour milling operation of Swaziland-based Ngwane Group for ZAR100m.
The Swaziland Competition Commission (SCC) has approved the transaction, subject to certain conditions.
The acquisition is part of the company’s efforts to foray into food manufacturing sector throughout Africa.
Premier Foods CEO Wayne Levendale said, “We are happy that the […]

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Candy Plus Boosts Raisio Profits

Finland-based food group Raisio have reported higher annual profits, helped by improved sales from confectionery arm Candy Plus.
Raisio’s net profit more than doubled from EUR12m (US$16.4m) in 2012 to EUR26.2m in 2013. Its bottom line in 2012 had been hit by a spike in financial expenses.
The company upped its operating profit despite lower sales. Net […]

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Strong Performances From Sainsburys, Waitrose & Discounters

  Strong Performances From Sainsburys, Waitrose & Discounters

The latest UK grocery share figures from Kantar Worldpanel, for the 12 weeks ending 2 February 2014, show increased market share for Sainsbury’s, Waitrose and the discounters despite the overall grocery market growing at its slowest rate since 2005.
Fraser McKevitt, retail analyst at Kantar Worldpanel, explains: “Grocery market growth slipped slightly to 2.4%, indicating that […]

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Danone Increases Stake in China’s Leading Dairy Group

  Danone Increases Stake in China’s Leading Dairy Group

Danone is raising its stake from 4.0% to 9.9% in Mengniu, China’s leading dairy company, for an investment of €486 million. The transaction makes Danone the second largest shareholder in Mengniu, and follows on from agreements signed on May 20, 2013 with Mengniu and with COFCO, China’s largest state-owned food company.
In parallel, COFCO, Danone and […]

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Invensys Updates Advanced Process Control Software

  Invensys Updates Advanced Process Control Software

Invensys, a leading supplier of state-of-the-art industrial software, systems and control equipment to the world’s major industries, has unveiled a new version of its SimSci® advanced process control software. To be released this spring, SimSci APC 2014 will enable customers to shorten their plant testing and commissioning schedules, as well as improve plant operations and […]

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Bread Innovators Focus on Wholegrain and Fiber Claims

  Bread Innovators Focus on Wholegrain and Fiber Claims

Tracked bread launch numbers have generally continued to rise globally and within that products using health claims of some kind made up over 42% of the total in 2013. This does vary regionally, however, rising to over 75% in the US and Australia and 70% in Latin America; but falling to less than 30% in […]

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Nestlé Reduces its Stake in L’Oréal

  Nestlé Reduces its Stake in L’Oréal

The boards of Nestlé and L’Oréal have approved a strategic transaction for both companies under which L’Oréal will buy 48.5 million of its own shares (8% of its share capital) from Nestlé. This buyback will be financed partially through the disposal by L’Oréal to Nestlé of its 50% stake in Swiss dermatology pharmaceuticals company Galderma […]

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