All news articles for November 2017

HKScan was praised by prosecutors for cooperating with Estonian police during the investigation

‘Money laundering’ claim hits HKScan

By Oscar Rousseau

Axed HKScan Baltic bosses Teet Soorm and Mati Tuvi have been detained by Estonian prosecutors, accused of “money laundering” and “harmful transactions”.

Phil Hogan, commissioner for agriculture, called the announcement a 'significant step change' in CAP reform

‘Fear’ and concern raised as EU reforms CAP

By Oscar Rousseau

Farm groups have issued a mixed response to the European Commission’s plan to reform the Common Agricultural Policy (CAP) by giving member states more powers.

Hormel's capture of Columbus Manufacturing is its third takeover of 2017

News in Brief

Hormel completes $850m takeover

By Oscar Rousseau

Hormel Foods has clinched its acquisition of deli meats producer Columbus Manufacturing for US$850m.

Expansion is firmly on the cards for the Croatian pork processor, following the capital injection

Croatian meat processor to invest €5.2m to upgrade plant

By Jaroslaw Adamowski

Croatian meat processor Gavrilović d.o.o. has obtained an investment grant of about HRK19.66 million (€2.6m) from the country’s government to finance a number of investments at its plant in Petrinja, Croatia.