Constellation expects softer sales and earnings in fiscal 2026, citing U.S. import tariffs and wine portfolio divestment.
This investment underscores Mondelēz’s ambition to become the top player in the chocolate industry by 2030.
European Investment Bank will finance half the cost of the facility, which is aimed at boosting local plant-based protein production. The plant will use Swedish-grown peas to reduce soy imports and support sustainable food systems.
The hub intends to protect consumers by ensuring the safety of new foods before they are sold and clarifying regulatory requirements for innovators and investors.
Israeli agritech firm moves forward with gene editing to meet growing food demands.