Member of Parliament and member of the Parliamentary Committee on Agrarian and Land Policy Dmytro Solomchuk said that the issue of crop storage could not be resolved by building small vegetable storage facilities. According to him, the problem intensified in 2022 after the destruction or occupation of major storage facilities, particularly in the Kherson and…
The situation in Latvian agriculture is becoming more complicated with each passing year, primarily due to climatic conditions, says Juris Lazdins, Chairman of the Board of the farmers’ organisation Zemnieku saeima. “Folk beliefs and sayings no longer come true. After severe hailstorms, we used to say that lightning doesn’t strike the same tree twice –…
PRFoods is selling its Saaremaa-based Saare Kala Tootmine to Latvia’s Brivais Vilnis A/S, marking the exit of the listed Estonian food producer from local manufacturing. Its subsidiary Saaremere Kala AS will transfer its 100% stake in Saare Kala Tootmine, one of the Baltic States’ largest fish processors, to Brivais Vilnis. The sale follows PRFoods’ April…
It is a paradox that ultimately hurts the customer. Although the value-added tax (VAT) on food served in restaurants fell to a historically low 5%, prices not only failed to drop but were now rising by almost 10%. A new analysis by the Institute for Financial Policy at the Finance Ministry (IFP) suggests that the…
Whisky is now Poland’s fastest-growing alcohol export. Last year, 197 million zloty (EUR 46.3 million) worth of Polish whisky was exported, up from 40 million zloty in 2021, representing a fivefold increase. However, vodka remains Poland’s leading exported spirit, with foreign sales worth nearly 900 million zloty last year, according to a new report by…
While the leaves may still not have fully fallen from the trees, so far as festive food producers go, it is already Christmas, let alone Halloween. Preparations have already long been underway in the background – in the case of artisan chocolate makers Chocokoo, since summer. “As soon as Halloween is over, it’s only Christmas…
The international ice cream producer Froneri has signed an agreement to acquire the ice cream business of the dairy group Food Union in Europe, including its ice cream operations in Latvia, the company has announced. Specific financial details of the transaction have not been disclosed. The proposed deal – which is still subject to approval…