German group Rewe has announced a multi million euro joint venture
with the Russian Marta Group to expand into the former Soviet
Union's food retail market. The project will focus on the growing
neighbourhood shopping sector...
Mayr-Melhof has confirmed the acquisition of a major folding carton
plant in St. Petersburg that will serve leading consumer industries
including the food and beverage sector.
Russian brewer and restaurant chain Tinkoff says that it is
planning to launch its premium beers in western Europe, following a
recent announcement that it is also to launch its beer in Ukraine.
Baltimor, the leading Russian sauces producer, says it is upping
production of tomato paste at its Uzbeckistan production facility
in an effort to increase its own supply of the key ketchup
ingredient while cutting costs, writes Simon...
Russian market research company Market Advice has conducted an
extensive study into sauce preferences in the country's capital.
The study reveals that mayonnaise remains a firm number one, with
leading condiment maker Unilever...
Sun Interbrew has confirmed quarterly production volume growth of
nearly 50 per cent, but has conceded that it has been hit by the
effects of a weakened euro.
Hygiene and safety is a pressing issue for food manufacturers
across the globe, but in Russia increasing state regulation does
not always make safety checks easy to carry out. Simon
Pitman questioned Alexander Udin, senior expoert...
Russia's leading dairy and juice producer has declared a steady
increase in its quarterly production output as well as a
reaffirmation of its Standard & Poors rating.
International Swiss trading company Glencore has plans to invest up
to €80 million in an effort to establish a Russian grain business,
which according to press reports will be called International Grain
Company.
Baltimore, Russia's largest producer of mayonnaise, has announced
the go ahead to build two major vegetable oil processing factories
in an effort to feed ever-rising demand and to tighten its grip on
a fragmented market. Simon...
Despite recently announcing end-of-year results which were impacted
by last year's heavy investment programme, Wimm-Bill-Dann is
continuing its aggressive expansion policy with a major investment
in an Uzbekistan dairy facility.
Maintaining a reliable source for food ingredient supplies has
proved to be one of the biggest challenges for Russian food
manufacturers in recent years. The National Food Ingredients
Manufacturers Union believes that a lack of domestic...
The market for equipment suppliers to the Russian food and beverage
industry has been overrun by big western players during the course
of the last ten years. A leading industry consultant believes the
domestic industry does have the...
Kraft Foods says it is preparing to launch the international
chocolate brand Milka in Russia in an attempt to further increase
its slice of the confectionery market there.
The market for sauces in Eastern Europe is worth in excess of €2
billion, and is likely to grow further once many of the countries
there join teh EU later this year. But market maturity in some
countries means that the growth rates...
Russia's food processing sector is still burgeoning, with a
recently published report from the USDA's agricultural service
indicating that in 2002 it grew an estimated 14 per cent to reach a
total value of $25.9 billion....
The market for sauces in Eastern Europe was said to be valued well
in excess of €2 billion. But according to a market report on the
segment, market maturity means that the growth of the last ten
years will be difficult to sustain.
Although growth has been rapid for Nestlé in the Russian
confectionery sector, there are a number of challenges to be
tackled in order to ensure future expansion - low per capita
consumption and ingredients supplies being the primary...
Raisio has opened up its first production facility in Russia.
Located just outside Moscow, The Finland-based company says it is
hoping that the move will help it to expand its margarine portfolio
in Russia and neighbouring states.
Wheat has always been an integral part of Russian agriculture and
its food industry. However, a limited domestic market, reduction in
Russian livestock and a slow down in the consumption of bakery
products is forcing the industry...
The Russian dairy market has seen phenomenal growth in recent
years, driven largely by the development of Wimm-Bill-Dann and
other western dairy companies. France-based dairy equpment supplier
Erca-Formseal shares its experiences...
French dairy producer and drinks company, Danone, has confirmed
that its it to buy the Russian company Chok and Rolls, which
currently belongs to Spanish confectionery company Chupa Chups.
As the days of blindingly fast growth in the Russian beer industry
begin to ebb away the market is starting to show signs of maturity.
In turn it is the premium and super premium sectors that are
increasingly showing signs of promise...
Russia may be slowly adapting a number of western food and drink
habits - the rise of the country's beer industry is evidence of
that - but there is still plenty of life left in some of the
country's more traditional food...
Russia increased imports of alcoholic drinks by around 30 per cent
in 2003 and is likely to lift imports by a further 20 per cent in
2004, according to the latest information from the National Alcohol
Association.
French beverage group Castel is clearly confident of future growth
in Russia and the CIS. The company recently announced that it is to
invest heavily in BIH Brasseries Internationales Holding (Eastern),
its holding company in Armenia,...
Kalev, Estonia's leading confectionery producers, has acquired 99.1
per cent of compatriot Jarle, a producer of sweet and savoury baked
goods, according to the Baltic News Service.
Investment fund Russia Partners II has acquired the Moscow-based
Ice-Fili ice cream producer and confectionery group Zvezdny,
according to a report in the Vedomosti newspaper.
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.
Finland's leading confectionery company, Leaf, has said that it is
to build a factory in St. Petersburg, Russia, for the production of
functional pastilles and lollipops.
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...
After several years of gains, growth in the Russian confectionery
market looks set to slow over the next six years or so, with only
premium chocolate products likely to bring big returns.
Confectionery producers in Ukraine are confident that they will be
able to increase output by 10 per cent this year, mainly as a
result of a recovery in exports to Russia.
Russian agriculture officials have presented the United States Department of Agriculture (USDA) with a shortlist of US processing plants approved to export poultry products to Russia.
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.
A US delegation this week failed to reach a new agreement on
poultry imports to Russia and is leaving the country to obtain
further information requested by Moscow, reports the Russia
Journal.
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.
After posting disappointing financial results earlier this week
Danish ingredients company Danisco announced on Wednesday that
business is booming in Russia with a massive potential for future
growth.
Lower crude soyoil prices are not tempting west European consumers,
who continue to prefer other soft oils that do not contain
genetically modified organisms (GMOs), dealers said on Friday.
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.
