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Sales of household chemicals and cosmetics in Hungary up in 2012
Sales of household chemicals and cosmetics products in Hungary reached HUF 313bn (€1.07bn) in 2012, which is HUF 13bn (€44.4m) more than in 2011, Nielsen reported. Sales were down 4% by volume dur...
Read MoreMercator posts loss in fiscal 2012
Slovenian grocer Mercator Group has reported flat revenue growth of EUR2.873 billion (USD3.692 billion) for the 2012 fiscal year. Mercator finished the year with a loss of EUR103.6 million (USD133...
Read MorePOLAND: Żabka plans further expansion
Grocery store operator Żabka Polska plans to spend zł.1.5 billion on expansion in the years 2013-2017. In 2013, the company will spend zł.200,000 on opening about 400 new stores. By 2017, it expects to incre...
Read MoreCZECH REPUBLIC: Tesco, the largest retail property owner
In December 2012, Tesco was the company that owned the largest retail area in the Czech Republic, according to estimates from Cushman & Wakefield. The British grocery retailer has been topping...
Read MoreTURKEY: Walmart Reportedly In Talks To Acquire Migros
Walmart is reportedly in talks to acquire a controlling stake in Migros Ticaret, Turkey’s biggest retailer by sales. Migros currently operates nearly 890 outlets across the country, and such a dea...
Read MoreLidl to invest EUR 100m in Greece
German discount retailer Lidl is to invest EUR100m (US$130.9m) in its Greek operations.A spokesperson for the group said despite the "unfavourable circumstances" in Greece, its Lidl Hellas op...
Read MoreRussia: Dixy Q3 profits climb
Russian retailer Dixy has booked an increase in profit in the third quarter of the year. Earnings in the three months to the end of September amounted to US$8.7m, a 7.2% increase on the prior ...
Read MoreNestle Opens First Movenpick Ice Cream Boutique In Russia
Ice cream lovers in Russia can indulge their passion at a new restaurant that includes their favourite frozen treat in every starter, main course and dessert on the menu. Nestlé’s first...
Read MoreNyet to Cigarettes and Beer Threatens Kiosks in Russia
In an attempt to stamp out smoking in the world’s second- biggest tobacco market, Russia this week submitted a law to parliament that would prohibit cigarette sales at the nation’s 175,000 kiosks and small s...
Read MoreAtlantic Group considers acquisition of certain companies in Serbia
Chairman of the Managing Board of Croatia's Atlantic Group Emil Tedeski stated Sunday that that company planned to make about EUR 5 million investments in Serbia in 2013, mainly in the modernizati...
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