The year 2017 was certainly very important for the development of Modern-Expo Group – the noticeable participation in the EuroShop trade fair in Dusseldorf, the announcement of cooperation with Schweitzer, the opening of a factory in Vitebsk, and finally a new factory and headquarters in Lublin... Read more »
Polish Minister of Agriculture and Rural Development – Krzysztof Jurgiel tells us about actions which has been taken to support Polish products abroad. Read more »
The Procter & Gamble Company (NYSE:PG) today announced it has achieved many of its 2020 environmental sustainability goals, has plans in place to meet the rest and has established new, broad-reaching goals for 2030. The new goals, titled “Ambition 2030,” aim to enable and inspire positive impact on the environment and society while creating value for the Company and consumers. Read more »
Finnish agricultural technologies are known worldwide for their high quality and efficiency. This is due to the climate conditions and high investments in research and development. Cutting-edge Finnish technologies can also increase the efficiency of Polish agriculture. Their machine producers and companies operating in the field of agrotechnology are looking for partners and distributors in... Read more »
“The proposed regulations about Special Economic Zones are expected to create better-paid, high-quality jobs,” claimed Janusz Michałek, President of the Katowice Special Economic Zone. Investors will get extra points for cooperation with universities and clusters, and for having their own R&D departments, to ensure technologically advanced investments. And these, in turn, are expected to... Read more »
Dino Polska S.A. opened 25 new stores in Q1 2018, compared to 11 in the same period of previous year. Its network numbered 800 stores at the end of March 2018 versus 639 stores one year ago. The selling area in the Dino stores is now 305.4 thousand square meters versus 242.7 thousand square meters a year ago. Read more »
China will take counter-measures of the “same proportion” and scale if the United States imposes further tariffs on Chinese goods, China’s ambassador to Washington said, amid growing fears of an impending trade war. Read more »
The Dino Group’s consolidated sales revenues in 2017 totaled PLN 4,515.9 million, up 34% from last year. The rapid revenue growth was driven by network roll-out to open new stores and sales growth in the existing store network (LfL), which in 2017 was 16.2% compared to 11.3% in the corresponding period of last year. Read more »
All you need to know about the Free From market under one roof. Read more »
SIAL Canada (the SIAL international food show in North America) is back for its 15th edition in Montreal from May 2nd to 4th, 2018 and will showcase many new components. Held at Toronto’s Enercare Centre in April 2017, the last edition was a resounding success and boasted a record number of exhibitors, as well as a 32% increase of professional visitors. In fact, more than 16,500 visitors from... Read more »
“2017 was a successful year for Henkel. Despite challenging and volatile market conditions, we reached new record levels in sales and earnings and achieved our financial targets for the year. This strong performance was driven by our engaged and passionate global team. For the first time, we exceeded annual sales of 20 billion euros. We also achieved record margins and new highs in earnings... Read more »
Agri-food promotion is strictly linked to circumstances governing global trade in agri-food products. Some of these conditions are due to inherent characteristics of the agricultural market, while others stem from economic policies, for instance those reflected in interventionist practices. For many years, the assumption was that the minimization of agricultural production costs is the best... Read more »
Full of success, investment, change, innovation and new products, but challenges too – this was the year of 2017 in the Polish FMCG industry. Managers of the largest companies whose products are well-known and appreciated worldwide tell us about important events in the development of well-known and popular companies, the challenges they faced, and their predictions for the following year. Read more »
Polish foreign trade in 2017 saw a continuation of positive trends which had already been visible in the previous years. After ten months, the value of exports amounted to PLN 721.5 billion, which means an 8.9% increase in comparison with 2016. Simultaneously, imports rose by 9.9%, reaching PLN 712.2 billion. In constant prices, exports increased by 6% and imports by 6.6%. Although the dynamics... Read more »
Many consumers around the world lack trust in regulatory systems, manufacturers, and even their fellow humans. This compounds a pre-existing wariness about food and drink because of product recalls, scandals, and suspicion about large companies. The convergence of skepticism extends and enhances the existing consumer interest in the origins of food and drink that has been present (in some... Read more »
Swiss food group Nestle (NESN.S) has agreed to sell its U.S. confectionery business to Italy’s Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider’s first big sale and a small step on its path towards healthier products. Read more »
Dino Polska SA, one of the fastest growing retail grocery networks in Poland opened 147 new stores in 2017, compared to 123 in the previous year, signifying 20% growth year on year. In Q4 alone, Dino completed 57 new openings and as at 31 December 2017 it has 775 stores. Read more »
Asda Stores Ltd. left the EMD alliance by the end of the year 2017. Read more »
Kao USA Inc., a wholly owned subsidiary of Kao Corporation, a leading manufacturer and marketer of top beauty brands recognized around the world for innovation and quality, announced today it has signed an agreement to acquire Oribe Hair Care, LLC from its owners, including Luxury Brand Partners, LLC, an innovator in beauty known for its artist-driven brands and entrepreneurial culture. Daniel... Read more »
The World Star Awards 2018 have awarded five Mondi entries for their innovative character. The prestigious awards, organised annually by the World Packaging Organisation, take candidates from 33 national awards and five continents into consideration. Read more »
New Zealand’s Fonterra has been ordered to pay French company Danone 105 million euros ($125 million) in damages over the recall in 2013 of its whey protein concentrate due to a contamination scare, the two companies said. Read more »
Anglo-Dutch consumer goods giant Unilever (ULVR.L) (UNc.AS) is to buy U.S.-based company Sundial Brands, a maker of hair and skincare products, expanding deeper into the fast-growing personal care products market. Read more »
In January 2017, international packaging and paper producer Mondi announced the expansion of its heavy-duty corrugated capabilities at the Mondi Simet plant near Poznań, Poland. The technological upgrade included the installation of a state-of-the-art 2.8 metre corrugator with three single facers. The in-house production of double wall board is fully productive, and the production of... Read more »
Very strong nominal sales growth: +4.9% to 4,981 million euros, strong organic sales growth (OSG) +3.0%. EBIT margin* improvement to new high: +40 basis points to 18.0%. Significant growth in earnings per preferred share (EPS)*: +8.5% to 1.54 euros. Full year guidance: OSG of 2 to 4% and EBIT margin* increase to more than 17.0% confirmed, EPS* guidance raised to an increase of around 9% Read more »
The Dino Polska S.A. Group, one of the fastest growing retail grocery networks in Poland grew its revenues by 33.1% to PLN 1,220.2 million in Q3 2017 while posting LfL sales growth of 16.1% (compared to 10.8% one year ago). EBITDA* and net profit shot up by 37.3% (to PLN 108.9 million) and 22.3% (to PLN 63.5 million) yoy, respectively. Read more »
Dino Polska S.A., one of the fastest-growing retail grocery networks in Poland, is slated to join the MSCI Emerging Markets Index (MSCI EM). It will be incorporated in the MSCI EM Index following the session held on 30 November 2017. Read more »
In the third quarter of 2017, Eurocash Group’s consolidated sales reached nearly PLN 6.2 billion, denoting over 7% growth in comparison with the same period of 2016. Cumulatively for the first three quarters of this year, consolidated revenue came to almost PLN 17.5 billion, up by 10% from the preceding year. This growth largely resulted from the consolidation of companies acquired at the end... Read more »
Britain’s Marks & Spencer (MKS.L) said on Wednesday it would accelerate the pace of its turnaround plan as it reported a 5 percent fall in first-half profit, a second straight decline, hurt by sales falls and cost pressures. Read more »
Mars Food, part of Mars Inc, today said it has completed acquisition of Preferred Brands International, a Connecticut-based manufacturer and marketer of ready-to-heat Indian and Asian food products. Read more »
