NEWS & PRESS ARTICLES
Irish Food Tech Firm Odenberg Sold for Up to €57.5m PDF Print E-mail

Wednesday, 15th December 2010 (Source: The Irish Times)

THE OWNERS of Dublin-based food technology company Odenberg have agreed to sell the business for up to €57.5 million to a listed group in Norway called Tomra Systems.

Read more: The Irish Times

 
Minister Connick delivers quotas worth €223 million for Irish fishermen in 2011 PDF Print E-mail

Wednesday, 15th December 2010 (Source: Press Release, Department of Agriculture, Fisheries and Food)

Mr. Sean Connick, T.D. Minister of State at the Department of Agriculture, Fisheries and Food welcomed the agreement reached after two days of talks in Brussels on 2011 quotas for the Irish fishing fleet. The final agreement will deliver whitefish quotas worth some €116 million, including the protection of Ireland’s €54 million prawn fishery.

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Irish Co-Ops Reject EU Labelling Move PDF Print E-mail

Tuesday, 14th December 2010 (Source: Press Release, Irish Exporters Association)

 

Ireland's Co-Ops have strongly condemned EU Commission proposals for compulsory country of origin labelling for dairy products. The Irish Co-operative Organisation Society Limited (ICOS) was reacting today to the publication of a Commission "Quality Package", which contains proposals on Marketing Standards, one of which introduces a legal basis for compulsory place of farming labeling.

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EU Ombudsman Critical of EC for Failure to Ban Brazilian Beef PDF Print E-mail

Tuesday, 14th December 2010 (Source: Seán McCárthaigh, The Irish Examiner)

THE EU’s public service watchdog has criticised the European Commission over its delay in banning beef imports into the EU from Brazil, despite having evidence that it posed a risk.

Read more: The Irish Examiner

 
Beef Boom Delivers Some Festive Cheer PDF Print E-mail

Tuesday, 14th December 2010 (Source: Declan O'Brien, The Irish Independent)

Beef farmers secured a pre-Christmas bonus this week as tighter cattle numbers and stronger demand for stock drove prices.

Read more: The Irish Independent

 
Tesco Regains Market Share as Morrisons Slips PDF Print E-mail

Friday, 10th December 2010 (Source: Zoe Wood, The Guardian)

Tesco has stopped the rot in its UK business with the supermarket group reporting its first market share gain in six months as extra clubcard vouchers and "guerrilla" promotions on non-food ranges such as toys and clothing helped it to outflank rival Morrisons.

Read more: The Guardian

 
Smith Highlights The Importance of the French Market to Ireland's Food and Drink Industry PDF Print E-mail

Friday, 10th December 2010 (Source: Press Release,The Department of Agriculture, Fisheries & Food)

Brendan Smith TD, Minister for Agriculture, Fisheries and Food, highlighted the importance of the French market to Ireland’s food and drink industry today at a Bord Bia trade reception in the Embassy of Ireland in Paris.

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Agribusiness Will Play its Part PDF Print E-mail

Thursday, 9th December 2010 (Source: Stephen Cadogan, The Irish Examiner)

THERE was little to reveal in the Budget, with €2.1bn in current spending cuts, €1.8bn in capital spending reductions and €1.4bn in increased taxation already announced beforehand.

Read more: The Irish Examiner

 
Research and Development Supports ‘Missing Link’ in Food Exports Chain PDF Print E-mail

Thursday, 9th December 2010 (Source: Joe Dermody, The Irish Examiner)

RESEARCH and development supports are the missing link in the chain to promote Irish food exports, claims the Irish Co-operative Organisation Society.

Read more: The Irish Examiner

 
Sweet Tooth Boost for Lir PDF Print E-mail

Thursday, 9th December 2010 (Source: Niamh Hennessey, The Irish Examiner)

LUXURY chocolate maker Lir saw the appetite for their products rise last year as pre-tax profits increased from €129,410 to €178,836 in the year to the April 30, 2010

Read more: The Irish Examiner

 
Coca-Cola's Irish profits fall by 78% PDF Print E-mail

Thursday, 9th December 2010 (Source: Gordon Deegen, The Irish Times)

THE MAIN Irish arm of Coca-Cola saw profits fall by 78 per cent to €953,000 last year, with €11.6 million in restructuring charges partly to blame.

Read more: The Irish Times

 
Yoghurt and the Functional Food Revolution PDF Print E-mail

Tuesday, 7th December 2010 (Source: BBC.co.uk)

In half a century, the humble yoghurt has gone from hippy health food to mass market phenomenon, triggered a functional food revolution and become a multi-billion pound industry.

Read more: BBC.co.uk

 
Tesco Q3 Sales Rise 7.2% PDF Print E-mail

Tuesday, 7th December 2010 (Source: The Irish Times)

Tesco, the world's third largest retailer, said overseas markets drove a 7.2 per cent rise in third-quarter sales and it was seeing a pick-up in demand in its main British market heading into peak Christmas trading.

Read more: The Irish Times

 
40 jobs due in €50m expansion by Danone PDF Print E-mail

Monday, 6th December 2010 (Source: Brian O' Mahony, The Irish Examiner)

UP to 40 jobs are to be created by Danone Baby Nutrition’s global network following a €50m add-on investment at one of its Irish businesses.

Read more: The Irish Examiner

 
Premier Foods Confirms Talks PDF Print E-mail

Friday, 3rd December 2010 (Source: The Irish Times)

Britain's largest food producer Premier Foods said today it was in advanced talks with two potential suitors regarding the sale of its meat-free business, including Quorn.

Read more: The Irish Times

 
Kraft Launches Charm Offensive PDF Print E-mail

Thursday, 2nd December 2010 (Source: Zoe Wood, The Guardian)

Kraft's image was battered by its takeover of Cadbury; now it's trying to do something about it.

Read more: The Guardian

 
Britvic to Restructure Irish Business PDF Print E-mail

Thursday, 2nd December 2010 (Source: RTE)

Britvic has said it is planning to restructure its Irish business, as the continuing economic weakness has affected sales and profits.

Read more: RTE.ie

 
National Competitiveness Council says no strong appetite in Ireland to tackle high costs in sheltered sectors PDF Print E-mail

Wednesday. 1st December 2010 (Source: Michael Hennigan, Finfacts.ie)

The National Competitiveness Council says in its latest report that there is not a strong appetite in Ireland to tackle high costs in sheltered sectors. It also calls for an independent fiscal council to be established along the lines of the UK’s Office of Budget Responsibility.

Read more: finfacts.ie

 
Currency Markets Up-Date PDF Print E-mail

Wednesday 30th November 2010 (Source: Niall Haughey, Blue FX Markets)

Spreads on French 10-year government bonds widened during the European morning, on the back of a rumour that a credit ratings egency might put triple-A rated France on credit watch negative.

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