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Tag "Russia"

Irish pig meat exporters may finally have access again to Russian market

Much to the joy of Irish pig producers  the World Trade Organization (WTO)  has  declared the Russian import ban on live pigs, fresh pork and other pig products illegal. Russia

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Russia’s Accession to WTO Welcomed by European Food Manufacturers

    Russia’s Accession to WTO Welcomed by European Food Manufacturers

Following eighteen years of complex negotiations, Russia has become a member of the World Trade Organisation (WTO). This long-awaited moment marks the entry of the last remaining large non-WTO economy

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Destocking in Russia Impacts on Carlsberg’s Profits

    Destocking in Russia Impacts on Carlsberg’s Profits

Carlsberg Group has reported a 2.8% rise in revenue to DKr12.9 billon (Eur1.7 billion) but operating profit declined by 43% to DKr574 million for its first quarter as volumes falls in Russia,

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Russian Wine Company is Floated

    Russian Wine Company is Floated

Abrau Durso, the largest sparking wine producer in Russia, has been floated on the Russian stock exchange. The IPO is expected to raise $15 million for a 15% stake by

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Carlsberg to Delist Baltika

    Carlsberg to Delist Baltika

Baltika Breweries has filed an application to have its shares delisted from the Russian stock exchange as soon as possible. The delisting reflects Carlsberg Group’s aim to increase its ownership

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Carlsberg to Acquire Full Control of Baltika

    Carlsberg to Acquire Full Control of Baltika

Carlsberg Group intends acquiring the remaining 15% stake in its Russian subsidiary, Baltika Breweries, for up to DKr6.5 billion (Eur870 million). The move will involve a delisting of Baltika. The

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$400 Million Investment in Russian Grains and Dairy Farming

    $400 Million Investment in Russian Grains and Dairy Farming

Olam International, a leading global, integrated supply chain manager and processor of agricultural products and food ingredients, has formed a partnership with the Russian Dairy Company (RUSMOLCO) for the large

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Bonduelle Closes in on Russian Acquisition

    Bonduelle Closes in on Russian Acquisition

Bonduelle Group, the world leader in processed vegetables, has concluded negotiations regarding the acquisition of the agro-industrial and commercial assets of French co-operative CECAB in Russia and in the countries

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Arla Foods Moves into Cheese Production in Russia

    Arla Foods Moves into Cheese Production in Russia

Arla Foods has taken another significant strategic step into Russia by agreeing a joint venture for the production of yellow cheese with Molvest Group, the country’s third largest dairy company.

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World Grain Production Down But Recovering

    World Grain Production Down But Recovering

World grain production fell, exacerbating a global food situation already plagued by rising prices, according to new research published by the Worldwatch Institute. Despite record rice and maize yields around

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Kraft Foods to Invest $100 Million to Expand in Russia

    Kraft Foods to Invest $100 Million to Expand in Russia

Kraft Foods plans to invest $100 million to more than double the capacity of its coffee production plant at Gorelovo in the Leningrad region of Russia. Kraft Foods, which owns

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Nestle Expands Russian Coffee Factory

    Nestle Expands Russian Coffee Factory

Nestle has completed a SFr240 million (Eur195 million) expansion of its soluble coffee factory in Timashevsk, Russia. Located in the Krasnodar region, the site is Nestle’s largest soluble coffee factory

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Unilever Strengthens Russian Presence

    Unilever Strengthens Russian Presence

Unilever is expanding its presence in Russia and enhancing its personal care portfolio with the acquisition of 82% of Concern Kalina, the leading Russian beauty company. The transaction, which is

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Coca-Cola System to Invest $3 Billion in Russia

    Coca-Cola System to Invest $3 Billion in Russia

The Coca-Cola Company and its bottling partner, Coca-Cola Hellenic, have announced a new Russian investment programme of $3 billion over the next five years, commencing 2012. The announcement was made

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Nestle Invests SFr38 Million in Russian Pet Food Factory

    Nestle Invests SFr38 Million in Russian Pet Food Factory

Nestle will invest more than SFr38 million (Eur33m) to double pet food production at its Purina PetCare factory in Russia’s Kaluga region. The investment in the new manufacturing building at

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Declining Russian Beer Market Undermines Carlsberg’s Profits

    Declining Russian Beer Market Undermines Carlsberg’s Profits

The continuing decline in beer consumption in Russia, Carlsberg’s largest market, has impacted the Danish brewer’s financial performance in the first half ended June 30th 2011 and forced a review

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Strong First Half Sales Growth at Danone

    Strong First Half Sales Growth at Danone

Reflecting solid performances across all its business categories and geographical regions, Danone increased consolidated sales by16.3% to Eur9.73b in the first half of 2011 and trading operating income by 6.9%

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Cherkizovo Group Starts Meat Processing in Kalingrad Region

    Cherkizovo Group Starts Meat Processing in Kalingrad Region

Cherkizovo Group, one of Russia’s leading integrated and diversified meat producers, has commenced operations at the meat processing plant in the Kaliningrad region, which it acquired in 2010. The first

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Heineken Starts Amstel Brewing in Russia

    Heineken Starts Amstel Brewing in Russia

Heineken has commenced the brewing of its Amstel brand at its St Petersburg brewery in Russia. Heineken is reported to be aiming to capture a 1% share of the Russian

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Cargill Expands in Russia

    Cargill Expands in Russia

Cargill, the global food, agricultural, financial and industrial products and services group, has further expanded its presence in Russia by opening a new animal feed facility in Efremov. The facility has

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PepsiCo Europe Gets Greener

    PepsiCo Europe Gets Greener

PepsiCo’s Frito-Lay manufacturing facility in Azov, Russia, has been officially awarded LEED Silver by the US Green Building Council (USGBC). The manufacturing facility is the first site in PepsiCo’s European

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Moscow Brewing Company to Produce Kirin Beer

    Moscow Brewing Company to Produce Kirin Beer

Moscow Brewing Company has signed a 20-year deal with Kirin Holdings of Japan for the licensed production of Kirin Ichiban beer in Russia. The brand will be produced at the

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EBRD Acquires Stake in Russian Cake Manufacturer

  EBRD Acquires Stake in Russian Cake Manufacturer

The European Bank for Reconstruction and Development has invested Eur10m to acquire a minority stake in Hlebprom, a leading Russian

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SABMiller’s Lager Volumes Down in Europe

  SABMiller’s Lager Volumes Down in Europe

Global brewer SABMiller has reported that its lager volume in Europe declined by 3% in the 12 months to March

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Rusagro Seeks London Listing

  Rusagro Seeks London Listing

Moscow-based Rusagro, the Russian sugar, pork and agribusiness group, is seeking to raise $30m through an initial public offering of

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Restructuring at Atria

Finnish meat processor Atria is launching an efficiency improvement programme to achieve annual savings of approximately Eur4m at it production

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Agrana to Invest €27.6m to Expand Russian Fruit Preparation Plant

  Agrana to Invest €27.6m to Expand Russian Fruit Preparation Plant

Austrian group Agrana is to invest Eur27.6m to expand its Russian fruit preparation plant at Serpuchov over the next five

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Orkla Brands Merges Russian Confectionery Companies

  Orkla Brands Merges Russian Confectionery Companies

Norway-based Orkla Brands has decided to merge its Russian chocolate and confectionery companies – Krupskaya and SladCo – into one

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Challenging Year For Carlsberg

  Challenging Year For Carlsberg

Reflecting a highly challenging year in Russia, its largest market, Carlsberg increased net revenue by 1% to DKr60.05b (Eur8.0b) and

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Leadership Change at Wimm-Bill-Dann Foods

  Leadership Change at Wimm-Bill-Dann Foods

Tony Maher, chief executive of Wimm-Bill-Dann Foods, will leave the Russian dairy and food group on May 1st 2011. His

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Strong 2010 Performance by Danone Gives Confidence for 2011

  Strong 2010 Performance by Danone Gives Confidence for 2011

With all of its divisions and regions posting gains, global food and beverages group Danone achieved a 14.2% rise in

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Surge in Sales at PepsiCo

  Surge in Sales at PepsiCo

Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in

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PepsiCo Gains Russian Approval For Wimm-Bill-Dann Acquisition

  PepsiCo Gains Russian Approval For Wimm-Bill-Dann Acquisition

PepsiCo has received Russian regulatory clearance for its acquisition of 66% of Wimm-Bill-Dann Foods, Russia’s leading branded food and beverage

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Roshen’s Sales Jump by Almost a Third

  Roshen’s Sales Jump by Almost a Third

Sales at Roshen Confectionery, the Ukrainian confectionery manufacturer, surged by 32% to exceed $1b during 2010. Production volumes rose by

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Carlsberg Increases Stake in Belarus Brewery

  Carlsberg Increases Stake in Belarus Brewery

Baltic Beverages Holding, Carlsberg Group’s brewing business in Russia, Ukraine and the Baltic countries, has, through a series of transactions,

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Wimm-Bill-Dann Foods Continues Eastward Expansion

  Wimm-Bill-Dann Foods Continues Eastward Expansion

Wimm-Bill-Dann Foods, the largest manufacturer of dairy products and a leading producer of juices and beverages in Russia, is continuing

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Nestle Streamlines Russian Confectionery Business

  Nestle Streamlines Russian Confectionery Business

Nestle is reported to have sold its Altai Confectionery business in Russia to local private company Corminus Enterprises for an

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PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

  PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the

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Danone and Unimilk Finalise Merger

  Danone and Unimilk Finalise Merger

Danone and Unimilk have completed the merger of their fresh dairy products businesses in Russia and other CIS member countries.

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Milkiland Moves Closer to Public Listing to Fund Expansion

  Milkiland Moves Closer to Public Listing to Fund Expansion

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public

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Warsaw IPO For Milkiland

  Warsaw IPO For Milkiland

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise

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PepsiCo Continues to Invest Heavily in Emerging Markets

  PepsiCo Continues to Invest Heavily in Emerging Markets

Having recently unveiled plans to invest $140m to build its tenth plant in Russia as part of a $1b investment

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Danone Completes Russian Dairy Deal

  Danone Completes Russian Dairy Deal

Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group

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PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

  PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new

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Roshen Plans New $250 Million Russian Factory

  Roshen Plans New $250 Million Russian Factory

Roshen, the Ukrainian confectionery manufacturer, plans to invest $250m in building a new production complex near by Cosyrevka town in

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Campari Acquires Liqueur Brands From William Grant For €128 Million

  Campari Acquires Liqueur Brands From William Grant For €128 Million

Italian drinks producer Gruppo Campari is acquiring the Carolans, Frangelico and Irish Mist brands from William Grant & Sons, the

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Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

  Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

Nestle is creating a new service centre in Ukraine to facilitate its continued expansion in the emerging markets of Central

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Emerging Markets Drive Heinz

  Emerging Markets Drive Heinz

Emerging markets such as China, India, Indonesia, Latin America and Russia are expected to deliver at least 20% of Heinz’s

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Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

  Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian

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First Half Improvement at Wimm-Bill-Dann Foods

Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1%

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Nestle Opens Premium Chocolate Production Lines in Russia

  Nestle Opens Premium Chocolate Production Lines in Russia

To consolidate its operations in the Russian and Eurasia region, Nestle has opened two premium chocolate production lines. Creating 149

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Stronger Second Half Performance Drives Growth at Diageo

  Stronger Second Half Performance Drives Growth at Diageo

A stronger second half performance has helped global alcoholic drinks giant Diageo to increase reported operating profit by 6.5% to

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Efes Breweries Shows Improvement in Russia

  Efes Breweries Shows Improvement in Russia

Despite the continued adverse economic climate and the significant excise tax increase in Russia, one of its key markets, Efes

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Synergy Widens International Reach

  Synergy Widens International Reach

Synergy, one of the leading distilled spirits producers in Russia, has signed distribution agreements for exports of Beluga vodka to

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