Europe / page 142

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Jan. 6, 2012

Olive Oil Prices in Spain Extend Historic Lows at Year-End

Falling prices, decreased production and poor sales have left Spain's olive oil sector in a state of disarray, though government is working to develop reparative initiatives.

Dec. 30, 2011

More Claims of 'Made in Italy' Labeling Lies

China is scrutinizing olive oil arriving from Italy while Spain raises fears of wider market manipulation in the wake of new claims of fraud involving Italian olive oil.

Dec. 28, 2011

Greeks Turn to Lower Quality Olive Oil During Crisis

During the current financial crisis, demand for first quality standardized olive oil has declined in Greece. The explanation relies in the cuts to wages and the limitation of household resources in general.

Nov. 3, 2011

'No Financial Difficulties' For Spanish Olive Oil Giant Hojiblanca, CEO Says

Hojiblanca plans to double its turnover to €1 billion in five years. Antonio Luque, former farmer and now Hojiblanca’s managing director, vowed to “keep on growing.”

Nov. 2, 2011

Gruppo Pieralisi Powers World's Largest Olive Oil Mill in Jaén

The mill is owned by the 1,673 members of the FAECA Cooperative and, with the 12 lines working around the clock, can process 2,500 tons of olive oil every day.

Oct. 26, 2011

Industry Group Reports Sharp Rise in Spanish Olive Oil Exports

Spain has doubled its olive oil exports in the last decade and now sends 60 percent of its production abroad, according to figures released by the trade association Interprofesional del Aceite de Oliva Español.

Oct. 24, 2011

Olive Oil Industry Groups Reject Proposals for CAP Reform

Proposals include limiting the subsidies large farms can receive, and allocating a fixed amount per hectare rather than according to the production history -- a change that would see France and Spain lose the most, according to reports.

Oct. 16, 2011

Olive Oil Giant Hojiblanca Expands into Livestock

Hojiblanca President, José Moreno, said the integration was "another step towards the consolidation of a major multisectorial agri-food cooperative which could take advantage of synergies."

Oct. 11, 2011

Olive Oil Imports Down in Australia, Way Up in Brazil

The world produced just over 3 million tons of olive oil in the 2010/11 harvest season, according to preliminary estimates released today in the International Olive Council's September Market Summary.

Oct. 10, 2011

Acesur's Gonzalo Guillén: Spain is "Exporting the Wrong Image"

In an interview with Spain's El Economista, Acesur CEO Gonzalo Guillén spoke frankly of Spain's olive oil image problem and his company's plans for international expansion.

Oct. 5, 2011

Andalusia Fines 17 Producers €2,500 for Inferior Olive Oil

The inquiry started last November after analyses of 24 batches of cheap olive oil on sale in Jaén and Córdoba found the contents of some were inferior to that shown on the label.

Sep. 29, 2011

European Commission OKs Payments for Six Months of Olive Oil Storage

The European Commission announced today that it will provide private storage aid enabling up to 100,000 tons of Spanish virgin olive oil to be stored for six months.

Sep. 28, 2011

Olive Council Deputy Director Urges Producers to Improve Quality

Olive oil producers need to adapt production to reflect the reality of worldwide demand – or face further losses, warns International Olive Council's deputy director Ammir Assabah.

Sep. 27, 2011

Olivar de Segura the Top 'Ecological' Olive Oil Producer in Spain

The co-op sold one million kilos of olive oil in 2010 making it the top-selling certified ecological producer, according to Andalusia's organic farming trade group.

Sep. 19, 2011

Virgin Olive Oil Prices Hit Trigger Level for European Aid

The average price for virgin olive oil is now so low in Spain that the European Commission has no choice but to subsidize storage until the market improves, the Spanish government and olive oil producers said today.

Sep. 18, 2011

Spanish Prosecutors Seek Nine Years in Jail for Three Accused of Olive Oil Fraud

Spanish prosecutors are seeking nine years jail and fines of 8,760 euros ($12,000) each for three Andalusian businessmen accused of olive oil fraud and deceptive advertising.

Sep. 6, 2011

Sales of Packaged Organic Olive Oil from Andalusia Sharply Higher

Sales of packaged organic olive oil from Andalusia grew nearly 30 percent in 2010, almost equaling that of the region's bulk olive oil sales.

Aug. 27, 2011

ExpoHuelma Under Way in Jaén, Spotlight on Olive Oil

The Jaén provincial government will have its own stand at the fair, which aims to promote the tourism, handicraft, livestock and agri-food industries.

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