Russia

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

Britain-based GlaxoSmithKline (GSK)'s popularity in India largely stems from its consumer products portfolio. GSK's Horlicks brand, which is a malted milk beverage, is the best-selling... 2012-01-31

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

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

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

Russia's leading meat producing and processing company Cherkizovo is expanding its pork business after launching three new farms having invested around US$130mn. Coming off a low base,... 2011-11-14

On August 17 2011, Carlsberg's Copenhagen-listed shares sold off 17% following a profit warning that saw it halve its year-end profit earnings guidance on the back of a worse than expected... 2011-11-10

Largely on the back of an expanded production capacity and the acquisition of Mosselprom, Russia's leading meat producing and processing company Cherkizovo has reported strong sales... 2011-11-01