Archive for the 'Business' Category

28 Jul

Punjab to initiate project on olive cultivation over 300 hectares

The Punjab government is all set to launch olive cultivation over 300 hectares under a ‘pilot project’ to ensure better remunerative returns to the farmers on one hand and towards a dedicated push for diversification of agriculture on the other. Reviewing the prospects of the olive plantation in a meeting, Punjab Chief Minister Parkash Singh […]

21 Jul

Unilever sells Bertolli olive oil to Grupo SOS for 630 million euros

International food manufacturer Unilever Plc. said it has sold its Bertolli olive oil and vinegar business to Grupo SOS for 630 million euros. Unilever said the transaction includes the sale of its Italian Maya, Dante and San Giorgio olive oil and seed oil businesses, and the factory at Inveruno, Italy. The company said it will […]

10 Jul

Unilever to sell Turkish Olive Oil business

Unilever Plc. said it has signed a definitive agreement to sell Komili, the olive oil brand that it owns in Turkey, for an undisclosed price to Ana Gida, part of the Anadolu Group and expects to close the deal in 2008. The international food manufacturer said the transaction is part of its announced plans to […]

03 Jul

Tunisia olive oil exports up 15 pct in Q1

Tunisia, the world’s fourth-largest olive oil producer, increased sales abroad by 15 percent to 89,300 tonnes over the first three months of the year, government data showed on Tuesday. Olive oil represents half the country’s farm exports which account for more than 10 percent of total exports. Tunisia sells 90 percent of its olive output […]

03 Jul

California closer to standards for olive oil

Would make state definitions conform to world standards Current California law does not define olive oil grades A bill to update California’s definitions of olive oil grades to conform to international standards is headed to a vote by the California Assembly. The Assembly Appropriations Committee voted Wednesday to approve Senate Bill 634, authored by Sen. […]