Finnish food group Raisio has added to its confectionery stable with the acquisition of Czech group Candy Plus. Raisio said the EUR20.5m deal would "complement" its UK confectionery operations, which the Fox's mint brand. The company ...
Tags: Raisio, acquisition, Candy Plus, food industry
Regulation No 547/2012 of 25 June 2012 implementing Directive 2009/125/EC of the European Parliament and of the Council with regard to ecodesign requirements for water pumps stipulates the minimum efficiency requirements for water pumps as ...
Tags: European, Parliament, Council, Requirements, Ecodesign
AGI reported that following the AIA commission's provisions, ILVA's blast furnace 1 was shut down on Saturday at 5:50 AM. The company said that the revamping procedures will take 18 months and the blast furnace will be restarted in the ...
Tags: blast furnace, oven batteries, coke oven
Kazakhstan Today reported that CAT oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, announced its results for the Q3 and the first 9 months of 2012. According to iStockAnalyst.com, the Company ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, iron ore price news
Reuters reported that Austrian fireproof materials maker RHI expects its fourth quarter results to weaken somewhat from the really fantastic levels it generated in the first three quarters as a steel sector slump hits home. Chief ...
Tags: steel houses, steel building, steel frame window, steel metal
Reuters reported that fresh from axing half of his management board this week, ThyssenKrupp chief executive Mr Heinrich Hiesinger is expected to ring in a new era at Germany's top steelmaker when he presents results on Tuesday. The CEO ...
Tags: steelmaker, steel companies, car parts, dependence on steel
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Belvedere Resources said its Hitura Nickel mine in Central Finland remained profitable in the third quarter despite slumping Nickel prices. Revenues for the quarter ended September 30 totaled EUR 6.82 million (CAD 8.49 million) versus EUR ...
Tags: ads by google, price for gold, nickel, iron ore price news
Business Line reported that Investindustrial, the Italian private equity fund, has signed a deal to buy a 37.5% stake in Aston Martin, joining Kuwait's Investment Dar, as the luxury car maker's major investor and seeing off competition from ...
Finnish group Raisio, which owns brands from Benecol butter to Honey Monster cereals, pointed to an improvement in its EBIT as it reported a second-quarter loss. The company today (14 August) posted a loss of EUR2.4m (US$2.9m) thanks to ...
Tags: butter, Honey Monster cereals, EBIT, sales
Finnish food group Raisio is to cut jobs in its domestic market as reshapes the business to lower costs and make it more efficient. The company said the streamlining would affect 56 staff. Raisio's domestic consumer foods business will ...
Tags: jobs, food group, food
Ovako will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs.Notices of redundancy are today being issued to 134 employees at Hofors.Another 70 positions will be eliminated through rationalisation at ...
Tags: Ovako, workforce, measures, reduce costs
At its Troisdorf location,Kuraray Europe GmbH is investing some EUR 20 million in a new production line for TROSIFOL films and a new warehouse.The construction of this fifth production line in Troisdorf will increase capacity in the ...
Tags: automotive film, Kuraray Europe, TROSIFOL, PVB film
Russian meat processor Cherkizovo has reported a jump in first-half earnings as profits from each of its three businesses increased. Net income was up 56% to RUB2.95bn (US$94.4m) for the period to the end of June. Operating income ...
Tags: Meat, meat processor, Net income, meat processing
Carl Zeiss,Philips and Samsung Ventures to be among guests at the Bordeaux convention. Giorgio Anania Invest in Photonics,the business partnering convention held in Bordeaux,France,has announced the names of three key speakers for ...
Tags: Photonics, key speaker, France, invest