Press release… FERRERO HAZELNUT COMPANY IS MAKING STRATEGIC INVESTMENTS IN SERBIA AND ITALY TO STRENGTHEN ITS SUPPLY CHAIN… Ferrero has made three significant investments to accelerate and strengthen its global hazelnut supply through a sustainable and diversified sourcing strategy. Marco Botta By strengthening its cooperation with Serbia, Ferrero has launched …
Read More »Concerns raise among producers of chocolate-hazelnut products, as prices soar!
Wholesale hazelnut prices have surged this harvest season due to frost damage in Türkiye, the world’s leading producer, where the crop yields are expected to shrink this year. Hazelnuts The last major frost-related event, before April, affecting crops in Türkiye, occurred in 2014. Following the frost this year, which took …
Read More »Turkish watchdog closes Ferrero hazelnut monopoly probe…
Türkiye’s competition watchdog has announced it was ending an investigation into Italian company Ferrero over charges that it was monopolizing the country’s hazelnut market. In a statement, the Competition Authority (RK) said the Nutella maker made commitments to resolve complaints from local hazelnut farmers that it was abusing its dominant …
Read More »TURKISH COMPETITION WATCHDOG OPENS A PROBE INTO ITALY’S FERRERO!
The Turkish competition authority opened an investigation into Ferrero and its subsidiaries, Türkiye’s top hazelnut purchaser, over findings that showed the Italian chocolate producer and confectionary giant has violated the country’s competition laws. A statement by the competition watchdog said that the preliminary investigation showed that Ferrero and its subsidiaries …
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THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
