business continuity

Royal Duyvis Wiener agrees refinancing for its cocoa and chocolate processing business

Dutch-based cocoa and chocolate processing company Royal Duyvis Wiener has confirmed it has reached an agreement on refinancing the business to ensure its future stability in the wake of challenging market conditions, reports Neill Barston

Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability

Volpak unveils latest remote factory acceptance testing systems

An advanced live remote factory acceptance testing system has been unveiled by Barcelona-based Volpak, which has been developed following a spike in demand for remote assistance tools for equipment including within the confectionery and bakery sector.

Business news, Cocoa & chocolate, New products, Packaging, Processing, Sustainability

Lindt & Sprüngli records dip in performance amid coronavirus, despite strong start to 2020

The Swiss-based Lindt & Sprüngli confectionery group has stated that despite a promising start to the year, its sales for 2020 are anticipated to be down between 5-7% due to trading conditions amid the coronavirus pandemic.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability

Fritsch’s social media campaign supports bakery sector amid key challenges

German-based bakery group Fritsch has offered a response to the coronavirus crisis with its #SaveOurBakers social media campaign, highlight the major challenges faced by small and medium-sized bakeries.

Business news, Ingredients, New products, Sustainability

Mondelēz withdraws 2020 forecast yet reports quarterly improvement

Mondelēz International has reported a first quarter 2.6% rise in net revenues to $6.7 billion, though has withdrawn its forecast for the remainder of 2020 amid coronavirus-affected markets around the world.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability