Tag Archives: coffee

The cost of a cup of tea is set to soar to an all-time high following production problems in Kenya, the UN warned.   Violence in the world’s largest exporter of black tea saw shipments drop by ten per cent after the riots which followed the disputed re-election of President...

The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007. Procter&Gamble Co. is planning to split off its Folgers coffee business into a free-standing company, the move follows months of speculation that Folgers would either be sold or spun off. 

Over the last years SIAL China has confirmed its position as the leading and most international trade show for professionals of the food and beverage industry in China, with an offer of 50% of domestic and 50% of international food products. For the 9th edition of the most international F&...

“Coffee produced in the shade” is becoming increasingly popular in the US. This kind of coffee bean is not grown in plantations, but in rain forests, under the trees. It not only helps in protecting rain forests, but also tastes better because of its more complex aromas compared to conventional...

Tea is being rediscovered by the consumers of the 21st century. The number of tea houses is rising dynamically, but tea is not yet getting the attention it deserves in other HoReCa segments. The main target group for tea houses is the under 30 age group. Sipping tea is much...

According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once or twice. The exklusive research was made in 3 big Hungarian city (Budapest, Gyor, Debrecen), 3×1000 people answered the questions....

American food company invested $100 million into construction in Russia.  The plant in Gorelovo will produce 5,000 tons of instant coffee a year. The new plant is located in close proximity to company’s existing packaging plant.

The specialist worked as head of sales at Borsodi Beer. From 1. January Zsolt Mihalyff is the sales director at Sara Lee’s retail division. The specialist is working in retail since 14 years, he saw life at Johnson& Johnson Kft, Nestlé Hungária Kft and Borsodi Beer.

The acquisition includes biscuit operations and assets in more than 20 countries, including 32 manufacturing facilities. Kraft said that the addition of Danone’s biscuit business will transform the company’s international business into a stronger contributor to revenue growth. Biscuits will also become the company’s largest global business, representing approximately 20%...

The Coca-Cola Company and Illycafè SpA have signed a letter of intent about establishing a joint venture for the production of premium quality ready-to-drink coffee. Global sales of RTD coffee amount to nearly USD 10 billion and show annual growth of 10,1 per cent.