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Danone to invest in Russian dairy farms
French food group Danone will co-finance the construction of new dairy farms in Russia, partnering local firm Damate, with the aim of securing long-term milk supplies in the fast-growing market, the companie...
Read MoreNestlé investing in Russia and “zero waste”
Swiss food concern Nestlé has opened a brand new Russian factory and the company is aiming to have all its factories operate at a “zero waste” level by 2020. Nestlé’s newest factory, a 60 million euro invest...
Read MoreSarantis Group closes its production facilities in Romania
Sarantis Group closes its production facilities in Romania and transfers all relevant production to Greece. The production of face and body cream products Elmiplant, Bioten, Kolastyna will be transferred to ...
Read MoreTesco online still expanding in Czech Republic
The coverage of Tesco's online shopping service in the Czech Republic continues to grow, CEE Retail reports. The service has launched in four new regions since the start of fiscal 2013. As a result, the onli...
Read MoreCROATIA: Agrokor eyes London IPO
Croatian grocery operator Agrokor is planning an initial public offering (IPO) on the London Stock Exchange within the next two years, The Financial Times reports. Funds raised may be used to finance acquisi...
Read MoreCarrefour Poland opens Lukoil petrol station stores
Carrefour Poland has partnered Lukoil in opening two franchised stores in petro stations. Carrefour deployed a store concept tailored to the needs of gas station shoppers. The store’s assortment includes dai...
Read MoreHUNGARY: Cigarette sales down a massive 39% in July
The National Tax and Customs Office (NAV) released statistics showing that the purchase of cigarettes has declined dramatically since the National Tobacco Shop scheme went into effect. The figures show t...
Read MoreFerrero opens €90M plant in Turkey
Ferrero has opened a €90 million plant in the province of Manisa in Turkey, which will manufacture Kinder and Nutella products and employ 200 people. While the site has an initial production capacity of ...
Read MoreTURKEY: Migros reports robust H1 growth
Turkish grocery retailer Migros Ticaret has reported sales revenue of TRL3.3 billion (USD1.74 billion) for the first half of 2013, an increase of 10.1% in comparison to the same period last year. Gross profi...
Read MoreMigros Ticaret introduces self-checkouts in Turkey
Migros Ticaret has begun installing self-checkout terminals in its stores. So far six stores have been equipped with NCR machines. The Turkey-based retailer’s aim is to equip a further 100 outlets as soon as...
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