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 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.
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).
Two major poultry businesses have agreed to work together in a new joint venture to provide chicken, turkey and duck to the UK retail and foodservice market.
Ukraine’s grain and poultry giant MHP has submitted an application to Poland’s competition watchdog UOKiK to obtain the body’s approval for its plan to take over Polish poultry meat producer and processor KZD Exdrob.
In the first six months of this year, Polish meat processor ZM Henryk Kania managed to increase its sales by 15% to a total of PLN 684.7 million (€159.4m) despite the increasing wage growth pressure that has forced a number of local meat industry players...
More must be done to halt significantly rising energy costs that have become a burden for business, the Australian Meat Industry Council (AMIC) has said.
