Region
Douwe Egberts closes Hungarian factory
According to Origo.hu news portal, by the end of the year Douwe Egberts Zrt Hungary will cease production in Budapest and will let go 184 employees due to the parent company – DE Master Blenders 1753 – reali...
Read MoreMondelez will spend $110 million on new snack factory
Mondelez International Inc. plans to spend $110 million on a new factory in Russia, navigating an increasingly tense geopolitical climate. The company’s Russian unit will build the plant in the Novosibirsk r...
Read MoreDelhaize Group exits Bosnia & Herzegovina
Belgian retailer Delhaize Group has signed an agreement with Tropic Group to divest all its 39 Bosnian & Herzegovinian stores. Tropic Group is an entrepreneurial organisation founded by established retai...
Read MoreAB Inbev closes a third Russian brewery
Anheuser-Busch InBev, the world's largest brewer, is to shut its third Russian plant in less than two years as increased regulation hurts sales. Russia has toughened regulation of alcohol sales in order to c...
Read MoreRussian retailer X5 sells Ukrainian stores
Russian retailer X5 Retail Group has agreed to sell its stores in Ukraine to local rival Varus for an estimated $5-10 million, Ukrainian newspaper Capital reported. X5 is the first Russian company to pull ou...
Read MoreAhold buys out Czech SPAR business
Ahold has entered into an agreement to acquire SPAR (Austria)’s business in the Czech Republic for a value of CZK5.25 billion (USD262 million). The acquisition will be funded from existing cash resources and...
Read MoreCzech online matters for Metro Group
Vy & Makro (You & Makro) is the new name for Metro Group’s Makro Cash & Carry chain in the Czech Republic. Under the new branding Metro Cash & Carry intends to improve its individual relation...
Read MoreE-commerce accounts for 3% of Hungary’s retail sales in 2013
Online trade now accounts for more than 3% of retail sales in Hungary, according to market researcher GfK Hungária: Retail sales, excluding sales of vehicles and vehicle fuel, reached HUF 7 trillion in Hunga...
Read MoreKaufland follows Lidl into Serbian market
Media reports in Germany have stated that hypermarket chain Kaufland is preparing to expand its operations into the Serbian market. Kaufland, owned by Germany's third-richest person, Dieter Schwarz, is i...
Read MoreFerrero to establish hazelnut production centre in Serbia
Family-owned Italian chocolate maker Ferrero has agreed to buy 1,000 hectares of land from the Serbian Government to develop what it calls its "centre for hazelnut product" in Europe. Serbia's Minister o...
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