The Carlsberg Group achieved 12% operating profit growth to DKK 5.0bn for the first six months of 2010 and driven by increased sales and marketing investments the Group gained market
Tag "Russia"
Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration of $470m. The agreement follows the recent announcement of the
Roshen Confectionery Corporation will invest Eur3.2m towards the end of 2010 in new production lines as the first phase of a Eur8m modernisation programme at its caramel factory in Lithuania.
Roshen Confectionery Corporation has reported a 35% increase in sales to US$425m in the first half of 2010. Total confectionary output by the Ukrainian confectionery manufacturer was 184,000 tons, which
Warsaw-based Central European Distribution Corporation (CEDC), the world’s largest vodka producer with annual sales exceeding 270m litres, has decided not to pursue an acquisition of Nemiroff, the Ukrainian vodka producer.
Wimm-Bill-Dann Foods, the largest manufacturer of dairy products and a leading producer of juices and beverages in Russia and the CIS, has completed the placement of two bond issues on
Molson Coors Brewing Company, the North American beer group, has launched the Coors Light brand in Russia. Coors Light in 330 ml bottles will be available in supermarkets, grocery stores,
Nestle Rossiya is investing SFr60m (Eur45m) in the construction of a greenfield factory in the Vyazniki district of Vladimir region (some 300 kilometers east of Moscow) to produce a wide
In line with its international expansion strategy, Lantmannen Unibake, , which is one of Europe’s leading frozen bakery products suppliers, is acquiring a new fast food bakery from Hungarian milling
Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second largest manufacturer of dairy products and baby food. Established in