SMA MEJERIER HARDT RAMT AF MALKEKRIGEN
Article Abstract:
Owing to the breakdown in the negotiations between the two major Danish dairy companies MD Foods and Kl ver Maelk, milk suppliers are losing considerable sums in a price war on cheese and butter. The paper estimates the losses on cheese at several hundreds of million DKr on an annual basis. Ove Jensen, head of the minor, independent dairy Endrup Mejeri, says the price on cheese has never been so low, and that MD Foods has tried to force minor dairies to merge with MD Foods for several years.
Comment:
Denmark: Milk suppliers lose considerable sums in price war on cheese & butter owing to failure in MD Foods & Klover Maelk talks
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
UK: MD FOODS PLC REPORTS PROFIT
Article Abstract:
For the second consecutive year, MD Foods plc, the British subsidiary of Danish MD Foods, reports a profit. For the fiscal 1998/99, the profit was DKr 91mn (USD 12mn). MD Foods plc is part of MD Foods International, which reports a DKr 71mn net profit for 1998/99, compared with a DKr 59mn loss in 1997/98. Turnover increased to nearly DKr 6bn from Dkr 4.6bn. Besides the UK operations, MD Foods International also includes companies in Korea, Argentina and Saudi-Arabia.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
DENMARK: MD FOODS ALLOWED TO RAISE PRICES
Article Abstract:
Konkurrenceradet, the Danish competition authority, states that the dairy group MD Foods is allowed to raise prices of several milk products by 3-8%, as there are alternative suppliers on the market. Forbrugerradet, the Danish consumer protection agency, had reported the case to the competition authority.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: DENMARK: MARKETING OF ORGANIC FOODS. DENMARK: MD FOODS TO CONTINUE SPONSORSHIP
- Abstracts: FUSIONSBOLGE PA VEJ I FORSIKRINGER DENMARK: DAMAGES TOTALLED DKR 3BN. DENMARK: CODAN TO DEVELOP E-COMMERCE
- Abstracts: VP, GM OF GENERAL MOTORS INDIA ELEVATED HYUNDAI'S CAR PLANT IN TN COMMISSIONED
- Abstracts: SAY IT WITH FLOWERS. THE DAYS OF BAD NEWS ARE OVER
- Abstracts: A SAFE BOTTOMLINE GROWING ALL ALONG --MAHINDRA & MAHINDRA