Finland Reverses Confectionery Tax Hike
Recently, Finland’s Ministry of Finance made a pivotal decision to retract plans to increase value-added tax (VAT) on confectionery products. This reversal has been enthusiastically...
Tag : confectionery
Lindt & Sprüngli Indicates Major Price Increases Ahead
Lindt & Sprüngli is set to implement double-digit price increases in 2025, building on last year’s 6.3% hike initiated by the premium chocolate maker. During...
Spain’s Aperitivos Snack Purchases Local Competitor La Gaviota
Spain-based snacks producer Aperitivos Snack has recently acquired La Gaviota Alimentación, a fellow player within the snacks category. This strategic acquisition, centered in the Canary...
FDA Suggests New Front-of-Package Nutrition Labels for Packaged Foods
The US Food and Drug Administration (FDA) has introduced a proposal to require a front-of-pack nutrition label for most packaged foods. This initiative aims to...
Salmon Excels Amid Decline in UK Food and Drink Exports Due to Alcohol Slump
A decline in whisky shipments has negatively impacted the UK’s food and drink exports during the first nine months of the year, according to industry...
Mondelez to Renew Investment in Chocolate Production in Poland
Mondelez International is investing nearly 74 million zlotys ($18 million) to enhance its chocolate production capabilities at a plant in Skarbimierz, Poland. This significant investment...
Consumers May Be Misled by Food Labels: ECA Audit Report
European consumers face increasing risks of being misled by a growing array of “confusing” and “misleading” food labels, asserts the European Court of Auditors (ECA)....
German Chocolate Producer GuborWithdraws Bond Offer
German chocolate manufacturer Gubor Schokoladen has decided to cancel its plan to issue a corporate bond valued at €60 million ($64 million). This decision results...
Toms Group Centralizes Chocolate Manufacturing in Denmark
Toms Group, Denmark’s premier confectionery manufacturer, is undergoing a significant operational shift by reducing its presence in the Danish market while simultaneously expanding its Polish...
Saccharin Confirmed Safe: ADI Threshold Raised Following EFSA Review
The acceptable daily intake (ADI) of saccharin will increase from 5mg/kg of body weight to 9mg/kg, as established by a new scientific opinion from EFSA....