Economy and finance
259 news found
Economy and financeLongino & Cardenal's net result negative in 1H20
Strong impact of Covid-19 on the company specialized in the distribution of high-end food
The Board of Directors of Longino & Cardenal, a company active in the research, selection and distribution of high-end food for national and international high-end catering, approved the Consolidated Financial... more
IndustryDried fruit market: the leaders are optimistic
The INC survey shows an industry ready to restart
The survey conducted by the "International Nuts and Dried Fruit Council" shows that the dried fruit market is strong and ready to accept new production challenges. A few months after the peak of the health... more
Catering and hospitalityFood & Beverage after the pandemic
A research conducted by Coqtail Milano and Augusto Contract
What will be the new trends in the world of catering in 2021 after the pandemic? This is the question that "Coqtail Milano", the first community on Italian mixology specialized in researching trends in... more
Economy and finance"R Factor", Forum of the Economy of Romagna
Among the speeches there will be that of Joseph Stiglitz
Back with the fourth edition, "R Factor", the forum of the economy of Romagna, to be held in "Cesena Fiera", on October 16th. The event will see the participation of companies, institutions, trade associations,... more
CoffeeDe' Longhi Group: growing in the high-teens in the third quarter
Higher digits than the estimates made at the end of the first half
The De 'Longhi Group, one of the players in the small household appliance sector dedicated to the world of coffee, cooking, air conditioning and home care, estimates strong growth in sales in the high-teens... more
DistributionToo Good To Go celebrates one year in Rome
150 thousand meals saved and 375 tons of CO2 saved
The app against food waste "Too Good To Go" celebrates a year of activity in Rome, with over 150,000 meals saved and 650 participating stores. Numbers that show great enthusiasm on the part of the citizens... more
Beverage"Recycle me again": new Coca Cola slogan for a circular economy
The bottle with 50% recycled plastic
"Recycle me again" is the new Coca Cola slogan, printed on the labels of the new bottles of the company. A packaging made with 50% recycled plastic (rPET), a sign of the Group's commitment to support... more
Economy and finance"Poty": Hexagro's technology for growing healthy and sustainable food
You can save up to 90% of water and also sow on the terrace of the house
The new agricultural technology of the startup Hexagro, born in Milan in 2017, is collecting more and more awards and is expanding in several countries around the world. The idea behind the project is... more
ForeignNorth Korea: 60% of the population risks starvation
David Beasley, head of WFP asks for funding to tackle the North Korean food crisis
Strict containment measures due to Covid-19 and a sharp decline in funding, bring the economy already abundantly at risk of North Korea to its knees. Now more than ever, the food crisis afflicts a large... more
Cheese and dairy productsNewlat, semester to be framed, also thanks to Centrale del Latte
President Mastrolia: "We aim for new acquisitions"
Newlat Food, the Italian dairy group chaired by Angelo Mastrolia, has approved the Half-Year Financial Report as at 30 June 2020. Aggregate revenues are equal to Euro 255.4 million, up 5.5% compared to... more
Economy and financeListed food parades on the Milan Stock Exchange
Nourished the patrol of companies participating in the Italian Equity Week
Record numbers for this fourth edition of Borsa Italiana's Italian Equity Week, which began today and until 18 September, for the first time in an entirely digital format, covering two weeks of meetings... more
Cheese and dairy productsBergader continues to grow in Italy
Soft cheese market share in large-scale distribution exceeds 16%
2020 represented a year of rise in Italy for Bergader, a German company specializing in dairy products that arrived in Italy since 1902. Bergader, which literally means "mountain vein", continues to invest... more
Cheese and dairy productsArla delivers strong results as cooperative steers through global pandemic
Throughout the first half of 2020 the milk price to farmer owners remained stable at a competitive level
In the first half year Arla’s global branded sales volumes grew an unprecedented 10.4 per cent and the cooperative delivered a strong and competitive performance price. more
Economy and financeFondo Agroalimentare Italiano holds €M 55 final close
Sponsored by Unigrains, the Fund accompanies the development of Italian agri-food SMEs
Fondo Agroalimentare Italiano held its final close with commitments of €M 55. Sponsored by French based holding Unigrains, the Fund’s subscribers include French, Italian and Swiss institutional investors and... more
Economy and financeNewlat Food’s institutional offering successfully closed
Offering Price fixed at Euro 5.80 per Share
Newlat Food Spa announces the successful closure of the offering period of the Shares under Newlat’s institutional offering aimed at creating the free float and listing the Shares on the Mercato Telematico A... more
Economy and financeCampari Group has reached an agreement to sell Villa ‘Les Cèdres’
The sale price of the Villa in Cap Ferrat amounts to €200 million, of which Campari Group will retain €80 million
Campari Group has reached a preliminary agreement for the sale of the real estate property ‘Villa Les Cèdres’, located in Saint-Jean Cap-Ferrat, France. The Villa had entered Campari Group’s perimeter within... more
Economy and financeTIP Acquires a stake of Elica owned by Whirlpool
The companies maintain completely unchanged the commercial relations in place for many years
Tamburi Investment Partners S.p.A., independent and diversified investment & merchant bank listed on the STAR segment of Borsa Italiana has reached today an agreement with Whirlpool EMEA S.p.A. for the... more
Economy and financeUnilever: Half-year results show consistent growth led by emerging markets
Underlying sales grew 3.3% with volume 1.2% and price 2.1%
Today, Unilever announced its results for the first half of 2019, which show underlying sales growth of 3.3%, led by our emerging market business which grew 6.2%. more
Economy and financeRiverside Acquires Galvanina, Italian Producer of Premium Mineral Water and Organic Soft Drinks
The Rimini based company is known for its healthy, high-quality, pure organic, “Made in Italy"
The Riverside Company, a Us global private equity firm, has acquired the mayority stake in La Galvanina Spa, a fourth generation, family-owned, Italian Rimini based producer of premium private label and... more
Economy and financeNomad Foods (Findus), revenue increased 15% in 1Q
The Company is reiterating 2019 guidance of approximately €420 to €430 million Adjusted EBITDA
A combination of acquisitions and price increases helped European frozen food giant Nomad Foods, the owner of Europe's Iglo, Findus and Birds Eye brands, realize a bigger first quarter in 2019.The... more
Economy and financeUnilever announced its results for the first quarter of 2019
First quarter results show solid growth led by emerging markets
Today, Unilever announced its results for the first quarter of 2019, which show underlying sales growth of 3.1%, led by our emerging market business which grew 5.0%. more
Economy and financeGreen Arrow SGR buys majority of Labware
The Company is active in the production of integrated systems for the point of sales in the foodservice and retail business
Green Arrow Capital SGR Private Equity Team finalized the acquisition of the majority of LABWARE, an Italian company based in Civitanova M. (Macerata- Italy), which has been active for over 20 years in... more
Economy and financeCargill, third-quarter profit rise thanks to cost efficiencies
Net earnings were $566 million (+14%), revenues decreased 4% to $26.9 billion
Cargill today reported results for the fiscal 2019 third quarter and first nine months ended Feb. 28, 2019. Key measures include net earnings on a U.S. GAAP basis for the quarter were $566 million, a 14... more
Economy and financeStarbucks invests $100m in new fund to support food start-ups
Valor Siren Ventures will be managed by Valor Equity Partners
Starbucks is committing $100 million to a new investment fund, Valor Siren Ventures, which will partner with companies that are developing technologies, products and solutions in the food and retail space.... more
Economy and financeAutogrill: 2018 results; confirmed revenue growth
The highlights /Attachment
The Board of Directors of Autogrill SpA has reviewed and approved the consolidated results at 31 December 2018, including the consolidated Non Financial Information Declaration 2018The BoD approves consolidated... more
Economy and financeJAB plans to list unit of coffee brands
The deal concerns Acorn Holdings (Keurig, Dr Pepper, Peet's Coffee and JDE)
Family Reimanns owned JAB Holding Co, which has several coffee and restaurant brands is planning to list the business that owns Keurig, Dr Pepper, Peet's Coffee and JDE coffee brands, according to... more
Economy and financeArla delivers turn-around after tough start to 2018
The transformation programme Calcium delivered cost-savings far beyond targets for the year
After a difficult first quarter, Arla came out of 2018 with improved sales and brand share as the company’s performance grew stronger throughout the year. more
Economy and financeArdian invests in Celli, the Italian leader in beverage solutions
The Rimini based company generated a turnover of €110 million in 2018.
Ardian, a world-leading private investment house, signed a binding agreement for the acquisition of 100% of Celli S.p.A., the leading Italian beverage solutions company, which is currently owned by Consilium... more
Economy and financePaolo Zannoni appointed as president of Autogrill
BoD examines and approves preliminary data 2018 /Attachment
The Board of Directors of Autogrill SpA, convened today, appointed by co-optation Paolo Zannoni as Director of the Company, in place of the deceased Gilberto Benetton, also appointing him as Chairman.The... more
Economy and financeInvestindustrial acquires Italcanditi
The target is the leading Italian supplier of fruit-based ingredients for the food and dairy industries
An investment subsidiary of Investindustrial VI L.P. (“Investindustrial”), has signed an agreement to become the majority partner of Italcanditi Spa. The Goffi family, the current sole owner of Italcanditi, rem... more