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Tag "Russia"

Strong performance for the Carlsberg Group and full-year earnings upgrade

    Strong performance for the Carlsberg Group and full-year earnings upgrade

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

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Danone to Dispose of Stake in Wimm-Bill-Dann Foods

    Danone to Dispose of Stake in Wimm-Bill-Dann Foods

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

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Roshen Investing €8m to Modernise Lithuanian Factory

    Roshen Investing €8m to Modernise Lithuanian Factory

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.

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First Half Sales Surge at Roshen Confectionery

    First Half Sales Surge at Roshen Confectionery

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

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CEDC Withdraws From Ukrainian Vodka Acquisition

    CEDC Withdraws From Ukrainian Vodka Acquisition

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.

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Wimm-Bill-Dann Foods Completes Bond Placement

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

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Molson Coors Enters Russian Beer Market With Coors Light

    Molson Coors Enters Russian Beer Market With Coors Light

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,

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Nestle Investing in Greenfield Factory in Russia

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

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Lantmannen Unibake Continues International Expansion With Hungarian Acquisition

    Lantmannen Unibake Continues International Expansion With Hungarian Acquisition

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

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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

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

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