Russian authorities are set to readmit Polish dairy exports,
according to unconfirmed reports appearing in the Polish press last
week, but will this be enough to satisfy overseas investors?
asks Tom Armitage.
A young, up-market coffee and sandwich chain has used a steady
sales rise and promising economic growth in host countries Poland,
Latvia and the Czech Republic to defend its policy of working at a
loss to pursue aggressive expansion...
The honeymoon may be over for Polish hypermarkets, as a new report
claims their soaring growth in the last decade will soon start to
slow, forcing companies to adapt their strategies. Chris Mercer
reports.
Central European Distribution Corporation (CEDC) has acquired yet
another Polish alcohol distribution company, taking the number of
companies owned by the Florida-based holding to 13. But the company
is now keen to launch its own...
Wimm-Bill-Dann, has become one of the first Russian dairy companies
to receive a new EU license to export its products to Member
States. The move is expected to help the company target large
ex-pat Russian communities in EU countries.
Other highlights in the region's news this week include Nemuno
Banga buying up a Czech PET business, Latvian food companies
seeking EU subsidies, Russia pledging to hurry up certification for
Polish food exporters and Turkish...
The Polish government's plans to sell off the last eight remaining
Polmos businesses look ill-fated, as industry experts predict that
the weakness of the remaining brands and market saturation means
that bankruptcy is a likelier...
Poland is set to become the prime international market for Heineken
as Grupa Zywiec reports booming sales and profits for the first
half of the year. A strategy focusing on one brand for each beer
segment and concerted efforts to...
The news from the Polish food and beverage sector include details
about 130,000 milk suppliers gearing up for EU certification, pork
producers aiming to increase exports to South Korea and Grupa
Zywiec moving closer to buying Kujawiak...
Leading Polish confectionery company Mieszko says it is
currently in negotiations to acquire a company within the
confectionery sector in the course of this year. The company added
that at the present moment it is negotiating with...
Portuguese group Jerónimo Martins has announced a 78 per cent
increase in its half yearly profits, boosted by a significant
increase in its Polish retail operations, helping the division to
increase its lead in that market.
Heinz of Poland has confirmed that its production facility in
Pudliszki in the west of Poland is undergoing production trials for
Heinz products that are currently manufactured in western Europe,
suggesting that big change could be...
The Central Bank is expecting deflation of food prices in the
summer months, while prices will grow in September through
December, but at a lower pace than in April when the growth was
much higher than expected creating uncertainty...
Cloetta Fazer Group, the Stockholm-listed Swedish-Finnish
confectionery group, says it is planning to tap into the huge
potential of the Poland market. According to CEO Karsten Slotte,
the company is set to play a role in the consolidation...
Leading German food retailer Aldi says that it is looking at
markets in central Europe, with a particular emphasis on the Czech
Republic and Poland. But is it too late to try and enter two of the
most developed discount food retail...
Leading Polish alcoholic drinks distributor Central European
Distribution Corporation has added a new alcohol distributor in the
southeast of Poland to its growing portfolio in the country and
leading it to further raise its outlook...
Nestlé has launched a new ice cream production line at its Namyslów
facility in south-east Poland. The extension aims to meet an
extensive broadening of its ice cream product portfolio in an
effort to keep up with increasing demand...
Milk processors in Poland are anticipating increased production on
the back of rising demand both from the domestic and export
markets. Leading Polish milk processor, SM Mlekpol says that on the
back of this it is expecting to increase...
Accession is due to impact inflation in Poland, with rising food
industry costs being passed on to consumers and pushing the overall
inflationary rate up to an estimated 3.1 per cent this year,
according to independent research.
Russian ice cream producer AlterVest has bought up two major
production facilities, one in Germany and one in Poland, in an
effort to spread its business reach and to reduce the costs
associated with exporting its products.
Countdown to the integration of 10 new member states in Europe this
April begins under the aegis of the Irish presidency. For
manufacturers, a clear understanding of the marketplace in these
countries will be vital to pitching the...
The packaging sector is becoming increasingly important in the
accession countries, according to a new report from MINEFI -
DREE elargissement. And leading the way is the agrofood and
mass retailing industry - the mainstay of the...
SABMiller, the world's second largest brewer, has added another
Polish brewery to its portfolio there. The addition of the Dojlidy
brewery's brands will help extend the company's geographical
presence in the north east...
Poland, along with nine other countries in Central and Eastern
Europe, will join the European Union in 2004, but in the meantime
it will become easier for current EU food and drink producers to
trade with the country following a recent...
Dutch retail group Ahold is to combine its businesses in Poland,
Slovakia and the Czech Republic into one unit, Ahold Central
Europe, in a bid to improve economies of scale.
CEDC, the Florida-based company which is one of the leading
distributors of alcoholic drinks in Poland, has added another
distributor to its portfolio, plugging a gap where it had
previously been under-represented.
Poland, the largest candidate for entry to the European Union, may
miss out on liberalisation of farm trade between the bloc and
applicant countries unless it changes its policy, an EU official
said last week, reports Reuters.
US consumer products group Sara Lee Corporation announced today
that the company's subsidiary headquartered in The Netherlands has
signed an agreement for the acquisition of the Polish coffee
business, Prima S.A.
North American food company Kraft Foods Inc., announced on August
1, that it would acquire the Central and Eastern European
businesses of German-based chocolate maker Stollwerck AG.
Saint Louis Sucre (SLS) said it would fight in court to force the
Polish state treasury to sell it Poland's biggest sugar group,
Slaska Spolka Cukrowa, under a deal signed last year.
The French beverage group Pernod Ricard will acquire Polmos Poznan,
the producer of Wyborowa, Poland's best-known vodka brand, reports
the Financial...