Financial

BRF was boosted by a solid rise in volume sales of processed meat products

BRF curbs spend amid economic crisis

By Oscar Rousseau

One the world’s largest meatpackers, BRF, has cut its investment spend as its home country, Brazil, slowly recovers from a two-year economic recession.

Strike new trade deal to avoid 'crisis' akin to Russia's food ban, meat traders warn Brexit negotiators

Brexit: €500m loss for EU food traders

By Oscar Rousseau

EU-to-UK food sales have been hit by “significant losses”, due to sterling’s weakness against the euro, according to a meat trade body.

Prosecutors called the actions of Batista brothers Joesley and Wesley (pictured) 'illegal'

JBS Batista brothers charged with insider trading

By Oscar Rousseau

Joesley and Wesley Batistia, the billionaire brothers of scandal-rocked Brazilian meatpacker JBS, have been charged with insider trading by prosecutors who allege the duo pocketed over US$30m.

Croatian meat business boosts capacity with $13m investment

Croatian meat business boosts capacity with $13m investment

By Jaroslaw Adamowski

Croatian meat producer PPK karlovačka mesna industrija d.d has completed an investment worth HRK 95 million (€13m) which enabled it to expand output capacity at its Karlovac plant in north-western Croatia.

Taze Ay has received financial support from EBRD in the past

Halal sausage maker to quadruple production

By Oscar Rousseau

Turkmenistan halal meat producer Taze Ay plans to increase sausage production by 400% after securing a loan from a London bank investing in small and medium-sized enterprises (SMEs).