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Dairy

Economy

ΔΕΛΤΑ: Ανακηρύχθηκε COMPANY OF THE YEAR στα DAIRY AWARDS 2022

ΔΕΛΤΑ: Ανακηρύχθηκε COMPANY OF THE YEAR στα DAIRY AWARDS 2022 Με συνολικά 8 βραβεία: 1 Platinum, 5 Gold, 1 Silver και 1 Bronze Το κορυφαίο βραβείο «The Company of the Year» απονεμήθηκε στη ΔΕΛΤΑ, κατά τη φετινή τελετή του θεσμού «Dairy Awards 2022» της Boussias, επιβεβαιώνοντας, για άλλη μια φορά, την ηγετική της θέση στην […]

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English Edition

Kri Kri dairy expands its Asia presence with Greek Frozen Yogurt

Kri Kri dairy expands its Asia presence with Greek Frozen Yogurt Greek dairy industry Kri Kri has set course for other markets in Asia, after Korea where it is now growing dynamically, and Italy and the largest markets of Central Europe where its Greek Frozen Yogurt received a warm reception. Now, Kri Kri is charting […]

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English Edition

Market’s ‘shrinkflation’ tricks

Market’s ‘shrinkflation’ tricks A large Greek dairy company has plans ready for the packaging of its yogurt to contain 180 grams of product instead of the 200 gr it currently contains. Another Greek food company is planning to reduce the quantities in its frozen vegetable packs so that instead of a kilo of frozen okra, […]

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English Edition

Kri Kri dairy issues 6.5 million euro bond loan

Kri Kri dairy issues 6.5 million euro bond loan KRI-KRI Dairy Industry proceeded to issue a common bond loan, amounting to 6,500,000 euros, based on the decision of the Board of Directors of 17/8/2022. As announced by the company, the loan in question has a 5-year duration, without collateral, and was covered by Piraeus Bank […]

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English Edition

Dairy industries choose to expand to survive

Dairy industries choose to expand to survive Greece’s large dairy firms are tackling the new crisis the sector is facing through further growth, either in the dairy sector or in other food categories – or both. This is a two-level crisis, as on the one hand the production of the basic raw material (milk) has […]

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English Edition

Energy crisis hits the dairy industry hard

Energy crisis hits the dairy industry hard The energy crisis has also hit Greece’s dairy industry. The dairy industries face higher energy and packaging costs and dairy farmers face higher energy and animal feed costs. The crisis seems to have hit farmers most, who complain about their flocks being underfed. And many of them prefer […]

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English Edition

Hellenic Dairies acquired 49% of Cypriot dairy Kouroushis

Hellenic Dairies acquired 49% of Cypriot dairy Kouroushis The Thessalian Hellenic Dairies group of Sarantis brothers announced the signing of an agreement for its participation in the share capital of the historic “Kouroushis” dairy industry in Cyprus. The agreement includes the acquisition of 49% of the share capital of “Kouroushis”, with management rights and provision […]

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Kri Kri says profiteering continues in dairy industry

Kri Kri says profiteering continues in dairy industry Dairy company Kri Kri maintains its accusations of profiteering in the industry through unjustified price hikes in raw materials and packaging, partly through artificial shortages in the market. Asked on Monday about the complaints the company’s Hellenic Milk Institute submitted in early April regarding animal feed prices, […]

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Lifestyle

Legen… dairy

Legen… dairy I. Η νηστεία αλλιώς Τι δουλειά έχει το αμύγδαλο στο ποτήρι σου; Από πότε η καρύδα βρίσκει τον δρόμο της για ελληνικές συνταγές; Και γιατί αξίζει να απολαύσεις τον πρωινό σου καφέ με μερικές γουλιές… βρώμης; . Έπειτα από πλήρως εμπεριστατωμένες μελέτες (το συζητήσαμε μεταξύ μας) καταλήξαμε ότι το πιο δύσκολο κομμάτι της […]

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Complaints of profiteering

Complaints of profiteering Farmers and dairy industry-related entities are complaining of profiteering practices in the market through the creation of artificial shortages in various products and especially in cattle feed. The hikes recorded in the prices of corn and soya, reaching up to 100%, are not seen to be corresponding to the high cost of […]

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English Edition

ThesGala locked in protracted talks with potential investors

ThesGala locked in protracted talks with potential investors Thessaly dairy cooperative ThesGala is again courting an investor, the third within the last few years, as despite the streamlining agreement confirmed in early 2020, new debts have arisen and some checks have bounced. As of January 24, 2022, the cooperative is in temporary protection status from […]

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English Edition

FAGE posts slight increase in profit

FAGE posts slight increase in profit Dairy company FAGE saw profits increase slightly, as well as sales, both in value and in volume, in the first half of 2021. Sales reached $275.7 million, up from $260 million in the first half of 2020. Sales in the United States reached $147.93 million and in Europe $127.76 […]

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English Edition

Green light for dairy synergies

Green light for dairy synergies The Competition Commission has approved a deal that will effectively merge dairy companies Delta and Dodoni, creating a powerful regional player in the sector. A majority share in Dodoni will be acquired by CVC Capital Partners, a fund that already controls Vivartia, Delta’s parent company. Dodoni’s main product is feta […]

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English Edition

Delta sells MEVGAL stake

Delta sells MEVGAL stake Delta Dairy, a member of the Vivartia Group, on Thursday announced the sale and transfer of a 43.2% equity stake it held in MEVGAL SA to members of the Hatzakou family for 25.863 million euros. In an announcement, Delta said the selling price was 85% above the company’s book value recorded […]

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