Bread prices in Ukraine continue to rise every month, with forecasts suggesting that until the end of 2025, they will increase by 11-23%, depending on the type of product, Svitlana Cheremisina, Doctor of Sciences (Economics), Chief Researcher at the Agrarian Market and International Integration Department of the National Scientific Center “Institute of Agrarian Economics,” has…
The Cabinet of Ministers of Ukraine has refined the methodology for determining key food security indicators. The relevant resolution, “On Approval of the Methodology for Calculating Food Security Indicators,” was adopted during a Government meeting. The need for this document arises from the fact that the methodology for assessing key food security indicators, established by…
The beverage company A. Le Coq has signed an agreement to acquire shares in Varska Originaal, but mineral water production will continue in Varska. On September 15, A. Le Coq signed a purchase agreement to acquire all shares of Varska Originaal AS. Jaanus Vihandi, a member of A. Le Coq’s management board, said the company…
Estonia’s self-sufficiency in pork production is expected to fall from 72% to just 39% next year as a result of the recent African Swine Fever (ASF) outbreak. The gaps in store shelves will need to filled by imported meat for at least a couple of years. Ten years ago, during the first outbreak of ASF,…
Estonian pig farmers say they won’t abandon their work, even as mass culls and the worst African swine fever (ASF) outbreak in a decade threaten domestic pork supplies. More than 55,000 pigs – about one-fifth of the country’s domestic pig population – have already been destroyed. The hardest blow came in late August, when the…
Supermarkets told ERR that if VAT were lowered on food, they would pass on the savings to customers. The government has previously said retailers will pocket the difference themselves. Estonia’s VAT rate rose to 24% on July 1 and there are no exemptions on food products, unlike in many other European countries. A petition calling…
The Food Industry Association has written to the prime minister, saying stores are increasingly stocking cheaper foreign goods, disadvantaging domestic producers. The association told the prime minister and finance minister that there had been a 7% rise in foreign goods on supermarket shelves over the last year. “This means that a growing share of the…