The Regional Dairy Cooperative in Piatnica is one of the most modern and fastest growing dairy companies in Poland. OSM Piatnica is the biggest producer of cottage cheese, soured cream and mascarpone in Poland, and the leading manufacturer of cream cheese, curd cheese and micro-filtered milk. All products are made with only natural ingredients, without any preservatives, artificial flavours or... Read more »
Walmart Canada has announced that it will invest $175mn in its network of stores, in a bid to create a seamless omnichannel shopping experience. Read more »
Prices are surging in the region due to the ASF outbreaks in China and Europe. Read more »
Five restrictionary measures are asked by the Union of Small Farmers in order to keep the disease out of the country. Read more »
The United States and the European Union must quickly flesh out their aim of cutting trade barriers, German Economy Minister Peter Altmaier said ahead of an EU trade meeting on Friday. Read more »
Dino Polska S.A. opened 120 new stores in Q1-Q3 2018, compared to 90 in the same period of previous year. Its network numbered 895 stores at the end of September 2018 versus 718 stores one year ago. The selling area in the Dino stores is now 343.3 thousand square meters versus 273.0 thousand square meters a year ago. Read more »
Uncertainty regarding the post-Brexit evolution of the market and an increase in pig slaughtering in the UK has put the price down by 9% from the average recorded last year. Read more »
The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials. Read more »
Maxima Grupė, which operates retail chains in the Baltics, Poland and Bulgaria, successfully placed a EUR 300 million issue of 5-year bonds. The bonds were purchased by more than 60 investors from 14 countries. Among them – one third from Baltic and Scandinavian region, rest of them – from other European countries. Demand for the securities exceeded supply. Read more »
First half of 2018 on the Polish shopping centres market belonged to the biggest agglomerations. Over 172,000 sqm of new space was delivered, which constitutes about 75% of domestic supply. At the same time, the demand for retail space was still very high, and the level of vacant buildings remained very low. Read more »
Germany-based supermarket chain Kaufland has pulled 480 products from its shelves manufactured by food giant Unilever after the Anglo-Dutch firm tried to "dramatically" increase prices. Read more »
Wholesale segment on growth path, with improved efficiency. Retail marked by acquisitions, integration of acquired stores and investment in new projects. Read more »
Profits are in the $80 per head range and big companies are making plans for expansion. Read more »
In H1 2018 Dino Polska’s consolidated revenues totaled PLN 2,709.1 million and were PLN 691 million (34.2%) higher than a year ago. Significant top line improvement is the outcome of Dino’s ongoing rapid store network roll-out to open new stores with revenues growing at a double-digit pace in the current store network (like for like, LfL). LfL sales growth in H1 2018 was 14.7% (with food... Read more »
Authorities from Belarus have imposed temporary restrictions on the import of beef from 10 regions in China after some outbreaks of foot and mouth disease hit farms in these regions. Read more »
UK's fresh and frozen pork exports went down by 7% in June compared to year-earlier levels, totaling 16,700 tonnes, according to HMRC data analyzed by the Agriculture and Horticulture Development Board (AHDB). Read more »
An outbreak of Salmonella Reading infections linked to raw turkey products has been detected in 26 states and sickened at least 90 people, of which 40 have been hospitalized. Read more »
Maxima Grupė is starting the process of retail chains Stokrotka and Aldik in Poland integration. Aldik, which was acquired by the company in 2012, will be integrated into Stokrotka. Earlier this year, Maxima Grupė acquired Emperia Holding S.A. that operates Polish retail chain Stokrotka. The integration of both companies is planned to be completed this autumn. Read more »
At the Farnborough International Airshow, DHL Express announced today that the world’s leading international express service provider has placed an order for 14 Boeing 777 Freighters, which also includes options and purchase rights for 7 additional aircraft. The delivery of the first four planes is expected to be completed in 2019. Read more »
Mondelēz International, Inc. will release its second quarter 2018 financial results on Wednesday, July 25, 2018 at 4:05 p.m. ET and will host a conference call at 5:00 p.m. ET that day. Read more »
Carrefour is opening a new space in Alicante’s Mercado de Finestrat in which, once again, the company is demonstrating its commitment to creating new commercial concepts to enhance consumers’ purchasing experience. This street market will mean the direct creation of over 50 new jobs and offers a new place to dine, with five reference gourmet spaces from the restaurant sector to choose from.... Read more »
PURCHASE, N.Y., July 11, 2018 /PRNewswire/ -- In its latest Sustainability Report, released today, PepsiCo reported important progress in 2017 against each of the company's three focus areas – Products, Planet, and People – while also returning $6.5 billion in cash to shareholders during the same period. This progress advances PepsiCo's ongoing sustainability efforts across its operations,... Read more »
Dino Polska S.A. opened 74 new stores in H1 2018, compared to 49 in the same period of previous year. Its network numbered 849 stores at the end of June 2018 versus 677 stores one year ago. The selling area in the Dino stores is now 324,9 thousand square meters versus 257,1 thousand square meters a year ago. Read more »
In January 2017, global packaging and paper producer Mondi announced the expansion of its heavy-duty corrugated capabilities at the Mondi Simet plant near Poznań, Poland. On 20 June 2018, Mondi Simet opened its doors to international and local guests to unveil the expanded site and present the first figures of operation. The official event also comprised a greatly anticipated tour of the... Read more »
Eurocash has filed an application with the Office of Competition and Consumer Protection (UOKiK) for an approval for concentration in connection with a planned acquisition of shares in Partner Sp. z o.o., based in Lipno. The company operates 26 Lewiatan-branded stores. Read more »
The Coca-Cola Company today announced it will release second quarter 2018 financial results on July 25 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET on the same day to discuss the results. Read more »
Arla Foods amba, the leading European dairy co-operative, has announced the departure of its UK Managing Director, Tomas Pietrangeli, who is leaving the company to become CEO of Danish retail group Dagrofa A/S. Pietrangeli will be replaced by Ash Amirahmadi, who is currently SVP - Sales for Arla Foods in the UK. Read more »
Personal hygiene products’ market has been steadily growing by some 3-4% per annum. Faster growth is experienced by its relatively new segment, namely home care products. In both cases the dominant trends to govern this market over the next years are innovation and environmental-friendliness. You might think that innovation in the production of cotton pads or swabs is limited. Quite the... Read more »
The Council of Imams of the Muslim League in Poland testified that 3 Topole Sp. z o.o. Sp. k. meet the requirements for the production and processing of the products in the Hala System. Read more »
Over 3 400 exhibitors and around 110 000 professional guests in 13 halls – that’s SIAL China 2018 expected statistics. Read more »
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