A global recall of Kinder, a local recall of Strauss and the labeling of high-sugar products did not reduce the Israelis’ chocolate consumption this year. In fact, based on data from the first half, the forecast is that in 2022 the entire revenue of the chocolate industry will amount to about NIS 1.75 billion, an increase of about 2% compared to 2021 – according to data from the business information company Coface Bdi produced on the occasion of International Chocolate Day.
“At the end of April, there was a shock in the local chocolate market, due to the recall process that Strauss carried out for many chocolate products,” says Tehila Yanai, co-CEO of the business information company Coface Bdi. At an average rate of about 5%.
“In addition, the ongoing crisis in the global supply chain has made it difficult for importers in the market to meet demand, due to the shortcomings created by the recall process. Given all that said, it is expected that by 2022 there will be a moderate increase of 2% -3% in market revenues.”
It should be noted that Strauss Group is the largest company in the chocolate market, with a share of about 35% -40%. Other players are Premium, which markets the brands Ferrero Roche and Nutella, Moshe Sids and his son, which markets, among others, the Tim Tam brand, Diplomat Distributors, which markets Milka, Oreo and Tobelron, Leiman Schlissl, which markets Hershey, Topifi and Loaker, Carmit Confectionery Industries and Unilever Israel Food.
Shira Sapir
The golden parachute
Cyclamen Chen Horowitz Appointed to the Board of Directors of Microsoft Western Europe, which includes 14 countries. As part of the role, she will be responsible for Microsoft’s global distribution channels and will lead digital innovation and transformation processes. For the past two years, she has served as VP of Microsoft Israel, leading business activities with institutional customers and the SMB market (small and medium-sized customers).
Yoav Weiss Appointed Director of Israeli Operations at British Airlines Virgin Atlantic.
Yossi Cohen54, will serve as the CFO of Mekorot. Prior to that, he served as the CFO of the ONE Group Automation Company.
One Michael Appointed Deputy CEO and VP of Operations of Mia Dynamics Motors.
Michal Tidhar Appointed Marketing Director of Elevation, which specializes in internal organizational academies.
Yifat Shalit Appointed director of the income-producing properties department at Efi Capital Real Estate.
Tal Ben Best Appointed VP of Operations and Finance at the fintech startup Anchor. Prior to that, he served as a director of MasterCard’s new global digital payment platform, based in London.
Moshe Levy76, will head Hadassah International, the global and central arm of the Hadassah Women’s Organization and the medical and research centers.
Eyal Benvenisti55, has been appointed director of the Jerusalem Film and Television Project.
Eyal Benvenisti / Photo: Eyal Weiss
Brigadier General (Res.) Prof. Alon Domenis Appointed chairman of the ILAN association. He replaces Ehud Ratzabi, who has served as chairman for the past 16 years.
good news
Support surrogacy and adoption. The software company Cadence Design Systems will give a grant of NIS 50,000 to employees in surrogacy or adoption processes. In addition, the company will offer its 300 employees in Israel an extension of maternity leave (for a second parent) for an additional two weeks, beyond what is stipulated by law; Private health insurance at the expense of the company; And free helpline counseling services that are also available 24/7 to employees’ family members, including five free private counseling sessions.
Guy Poppy, Chairman of Aspen Group and Judoka Baruch Shmailov at the signing of the agreement at the company’s offices / Photo: Courtesy of Aspen Group
Sponsorship of judoka Baruch Shmailov. The income-producing real estate company Aspen Group will sponsor Olympic judoka Baruch Shmailov, who won the bronze medal in Tokyo and is ranked 5th in the world in his weight category. The sponsorship agreement is for two years, until the 2024 Paris Olympics. .