Industry Developments

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

In a region characterised by weak economic outlooks and largely poor demographics, Romania still holds some potential if you are looking beyond Russia, Turkey and Poland in terms of... 2011-11-18

Our Europe country risk desk holds the view that Central and Eastern European economies are set to experience a marked slowdown going into 2012 as external demand languishes and the... 2011-11-16

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