Moscow-based snack food company Bridgetown Foods has said that it
expects its trade turnover to double in 2004 compared to the US $65
million that the company is estimated to earn this year, according
to general director Dmitry Vasilyev.
International food processor Cargill is set to construct a $50
million malt plant in Tula Oblast, Russia. Company spokeswoman
Irina Kalygina told the Russian Vedomosti newspaper that the
corporation is looking into the possibility...
Consultancy firm Market Advice reports that the Russian
confectionery industry is in good shape. The agency has produced a
detailed analysis of the industry and predicts that off the back of
increased demand for all things sweet,...
Nestlé is the most popular chocolate producer in Russia, but other
international companies still play second fiddle to the numerous
local (or even regional) producers there. But the market is set to
grow over the next five years,...
Russia's government said recently that it would impose import
quotas on poultry, pork and beef in order to protect its domestic
producers after anti-dumping probes showed excessive imports from
the European Union.
Cognac Godet is pushing ahead with its exports to the potentially
huge Russian market following an agreement with its new distributor
there, Ladoga. The St Petersburg-based firm will now market three
Godet brands in major Russian...
Russia is the latest country to feel the effects of negative
consumer feelings towards the consumption of genetically modified
foods. The mandatory labelling of genetically modified food was
introduced in Russia on 1 September, 2002.
The Russian government is sceptical about lifting a ban on US
poultry imports by an April 10 deadline because the United States
is unlikely to provide enough data by that time, Interfax
reported last Friday.