Industry Developments

Russian-based vodka producer Russian Standard has made an offer to Poland-based Central European Distribution Corp (CEDC) that could see it take a 32.99% stake in the business. CEDC... 2012-02-03

A report by Russian news channel RT has stated that local sparkling wine producer Abrau-Durso is planning to list on the Moscow Stock Exchange. According to the report, the firm will... 2012-02-02

After revealing that it expects its net income to have fallen by 21.6% in 2010 due to a challenging business environment, Slovenian retailer Mercator has announced that it intends to... 2012-02-01

UK-based biscuit company Burton's has announced plans to build sales of its Wagon Wheel brand in the Russian market. Speaking to the Financial Times the company's CEO Ben Clarke stated... 2012-01-30

Russian mass grocery retail (MGR) operator X5 Retail Group's recent financial showing is reflective of an increasingly challenging demand environment in the country. Although X5 reported... 2012-01-26

Danish food group Nowaco has announced the purchase of Slovakian ice cream producer Frost for an undisclosed price. The firm revealed that it will end production at Frost's factory... 2012-01-25

French canned and frozen food producer Bonduelle has agreed a deal to purchase the Russian and CIS assets of fellow French food producer CECAB for an undisclosed price. The deal includes... 2012-01-23

Turkey-based soft drink bottler Coca Cola Icecek has registered buoyant volume growth for its latest financial year, ending December 2011. Over the 12 month period Icecek registered... 2012-01-16

BMI View: In line with our bullish view on the Russian consumer and specifically Russian retail, local discount major Magnit has posted strong 2011 growth. We have previously highlighted... 2012-01-13

Polish retailer Jerónimo Martins continues to be buoyed by the success of its Polish discount division, with the firm recording total sales growth of 13% during 2011 to reach EUR9.8bn.... 2012-01-12