Bulgaria's honey industry makes BGN 65 M annually

Nedyalka Mihova from Dobrich has won the "Beekeeper of the Year" award of the Dobrich agricultural fair. Bulgarian beekeepers make between BGN 60 M and BGN 65 M per year, according to data of the Bulgarian Beekeepers' ... More


40 Romanian companies in food industry in "Alimentaria 2012" Barcelona

Romania participates with 40 companies, reunited under the national flag, in this year's edition of "Alimentaria 2012" International Food and Beverage Fair, organized from March 26 to 29, 2012, in Barcelona (Spain). The ... More


2011 – a good year for Bulgarian vine growers and wine producers

On the 14th of February, according to old traditions, Bulgarians celebrate the day of St. Trifon. People refer to Saint Trifon as Trifon Zarezan, which means Triphon the Pruner. On this day farmers start pruning their vines and ... More


Greek food industry rediscovers local raw materials

Greek products and raw materials are gaining new fans, not only among local consumers, but also in the Greek food industry and in multinational companies. The new trend, as highlighted recently the newspaper Kathimerini, ... More


Bulgarian Winemakers Target Global Markets with DiVino.

Major Bulgarian winemakers will gather on November 19-20, 2011, for the first edition of DiVino.Taste – the new Bulgarian Wine Forum. The opening of DiVino.Taste will take place in the Grand Ballroom of the Central ... More


Slovenian Milk Company enters Macedonian Market

Ljubljanske mljekare founded a sister company Ljubljanske mljekare DOOEL Skoplje, which started operating in Wednesday, June 1, and the company was officially opened for business partners. Export is one of the most important ... More


Bulgaria is ready to export wine to Brazil, Japan, and Vietnam

Bulgaria is ready to export wine to Brazil, Japan, and Vietnam, Minister of Agriculture Miroslav Naydenov has said. According to the minister, the export of Bulgarian wines has grown by 10% in 2010 in comparison to 2009, as ... More


Cardico announced debt rescheduling deal

Cardico on Monday announced it has reached an agreement with its creditor banks over a restructuring of the company’s debt, totaling 69.9 million euros. Under the agreement, creditor banks will capitalize debt worth 9.8 ... More


Devin in search for Romanian acquisitions

Bulgarian water bottler Devin and its indirect owner, global private equity firm Advent International, do not rule out the possibility to acquire sector companies in Romania, executives said. Devin is looking to make a major ... More


Florina Bulgaria delays bond payment

Fruit juice maker Florina Bulgaria has again fallen behind with a payment on a EUR 7.2 million bond, said Piraeus Bank Bulgaria, the custodian on the issuance. Florina was due to pay interest plus a portion of the principal ... More


Wine sector yet to absorb EUR 10m

Having filed projects for just some EUR 12 million versus a total allocation of EUR 21 million for 2010, Bulgaria’s wine-growing sector will get extra time until July 1 to apply for government subsidies. Only EUR 6 million ... More


MIG in talks to sell bakery and candies business

Marfin Investment Group (MIG) on Monday confirmed press reports that the group was in talks with Olayan Group and Spyros Theodoropoulos to sell its bakery and sweets sector (former Chipita), after completion of a plan to split ... More


Croatiakontrola opens new 2 million Euros lab

Private food quality control company Croatiakontrola (Croatia control) has opened a new 15 million kunas (2 million Euros ) lab in Zagreb, the company announced yesterday (Mon). Prime Minister Jadranka Kosor, who opened the ... More


US Advent Intl gets majority in bottler Devin for BGN 3.06 p/s

US buyout firm Advent International said it has finalised the acquisition of a 79% stake in mineral water bottler Devin paying BGN 3.06 a share, the bottom end of an earlier agreed price range. After getting hold of the ... More


Coca Cola closes down production in Iasi

The local Coca Cola bottler, the largest player in the non alcoholic beverage market, informed that they were closing down Iasi factory with 75 employees, this being the third production unit they have abandoned in the past two ... More


Saffron, the Gold of the Greek Earth

The Organic Red Saffron, produced by the renowned Kozani Saffron Cooperative, in Northern Greece, is a certified organic product that is distinguished for its excellent quality which places it in the Coupe Class, the top quality ... More


Rozaje water for Saudi Arabia

Hajran Hot, the CEO of Rozaje-based bottling plant signed the contract on cooperation with Sejh Badr El Hasab, the representative of Saudi Arabia-based Ferida. Saudi Arabia is the exclusive importer of the Rozaje water to Arabian ... More


Dijamant gets Halal certificate

Belgrade Halal Ltd. granted its certificate to entire production line of oil, margarine and other product made by Dijamant, the leading oil mill in Serbia. The CEO of Zrenjanin-based Dijamant Zeljko Brozovic says the Halal ... More


Meat firm Mekom to build EUR 7m cogeneration unit

Bulgaria’s Silistra-based meat processor Mekom has started works on a biogas, electricity and steam production installation, executive director Stefan Raichev told Dnevnik, confirming reports by British publication ... More


Moldovan businessmen visit Antalya for business purpose

On February 2-6, a group of ten Moldovan businessmen will go on a business visit to Antalya. During this time the Moldovan businessmen will visit the 16th exhibition Anfas Food Product and participate in the international program ... More