Ferrero Group

2 results

Falling supply in hazelnuts following a severe frost 12 months ago has driven up the cost of hazelnut-based products in markets around the world.

The peaceful scene at the last harvest at ground zero of international hazelnut production – northeastern Turkey – belied a growing industry concern. (...)

Michele Ferrero, the late owner of the Italian confectioner that makes Nutella and other chocolate sweets. Photograph: STR/EPA

Michele Ferrero, Italy’s richest person and owner of the Ferrero Group, maker of Nutella spread and Kinder Surprise chocolate eggs, has died aged 89(...)