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Poland: Nestle announces PLN 100m investments in 2012

  Nestle, the global food company, plans to invest over PLN 100m (approx. €24 million euro) in its Polish operations in the course of this year, in a programme that combines technological upgrades a...

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Rewe Group acquires 12 stores in Russia

Rewe Group acquires 12 stores in Russia

  German grocer Rewe Group has received the approval from the Russian competition authorities to acquire 12 City stores from Turkey-based Enka Group. The outlets in the greater metropolitan area of ...

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StarBev sold to Molson Coors Brewing Company

StarBev sold to Molson Coors Brewing Company

Molson Coors Brewing Company has signed a definitive agreement with StarBev, owned by funds advised by CVC Capital Partners Limited and StarBev management, to acquire StarBev for 2.65 billion euro. Headq...

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Tesco to consider GBP2 billion investment

Tesco to consider GBP2 billion investment

  UK-based Tesco is thought to be looking to invest up to GBP2 billion (USD3.1 billion) in overhauling its UK operation, according to the Sunday Express. A Tesco spokesperson said: "The money will g...

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Delhaize Group launches virtual shopping wall in Brussels

Delhaize Group launches virtual shopping wall in Brussels

  Belgian grocer Delhaize Group has piloted a ‘virtual supermarket’ in the central train station in Brussels, according to a local media report. The installation consists of four panels that feature...

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The leading Hungarian pasta producer is building a new mill

The leading Hungarian pasta producer is building a new mill

  Gyermelyi – the leading Hungarian pasta producer, one of the few real success stories in the Hungarian food industry, in Hungarian ownership – is investing 2 billion HUF (6,7 million euro) to buil...

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Tesco Hungary: 705,2 billion HUF turnover in 2011

Tesco Hungary: 705,2 billion HUF turnover in 2011

  Tesco Hungary’s preliminary report about its financial year 2011-12 show that it has raised its turnover by almost 6 per cent last year. The gross income was 705,2 billion HUF (2,35 billion euro)....

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Croatia ranked bottom for economic growth

Croatia ranked bottom for economic growth

Croatia and Slovenia were ranked bottom out of 11 central and eastern European countries with regards to economic growth for 2011, reported website Tportal. Croatia recorded 0.2 per cent economic growth last...

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Croatia: New Kaufmann shopping centre

Croatia: New Kaufmann shopping centre

The Linz-based retail group Kaufmann have opened their third shopping centre in Croatia. City Center one in eastern Zagreb was a complete project and has helped to further extend the company's market leading...

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Management Board of Mercator Submitted Statement of Resignation

Management Board of Mercator Submitted Statement of Resignation

The Management Board of Mercator, consisting of 5 members: Žiga Debeljak, Vera Aljančič Falež, Melita Kolbezen, Stanka Čurović and Peter Zavrl, has submitted its statement of resignation to the President of ...

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