RUSSIA: DANISCO CULTOR TO TARGET MARKET
Article Abstract:
Danisco Cultor is to increase the targetting of the Russian market, and will increase the number of employees at its office in Moscow. By now, the office has 15 employees. Deputy director Frederik Gelj-Hansen, Danisco Cultor, says the company's turnover on the Russian market might increase to more than DKr 1bn (USD 130mn) within the next few years. He expects growth rates exceeding 10% in the next few years.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
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DENMARK: DANISCO CULTOR TO SET UP DAIRY CENTER
Article Abstract:
Danisco Cultor is to set up a modern, high-technological dairy centre in Brabrand, near Arhus. The investment totals DKr30mn (US$4.1mn). The center is to produce ingredients to the dairy industry. The dairy center is scheduled to be completed next summer, according to Danisco Cultor director Leif Kjaergaard. By setting up the dairy center Danisco Cultor will challenge the leading company in the world in the production of dairy cultures and enzymes to the global dairy industry i.e. Chr. Hansen A/S. The project also signals Danisco Cultor's aim to make major investments in the area for ingreadients to the dairy industry. Leif Kjaergaard says the company has the broadest range of ingredients to make it successful when competing in the dairy sector. The new dairy center will also be used to produce new dairy products in cooperation with global diary groups.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
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DENMARK: DANISCO HAS LAUNCHED VENTURE FUND
Article Abstract:
The Danish food group Danisco has launched a venture capital fund, Danisco Venture, with the aim of making investments in promising ingredient producers, most likely biotechnological firms. The fund's capital totals DKr 500mn (USD 60mn). Danisco Venture is now looking for its first investment objects. Leif Kjaergaard, head of the company, expects at least one investment before the end of 2001. Danisco Venture aims at becoming an active partner in the companies.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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