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 »
The positive decision of the President of the Office of Competition and Consumer Protection (UOKiK) brings Eurocash Group closer to finalising the transaction, as a result of which the leader in the wholesale distribution, who supports thousands entrepreneurs in Poland, will become the owner of a chain of 187 Mila supermarkets, located primarily in central Poland. This chain generated about PLN... Read more »
At the end of March 2018, the Dino network numbered 800 stores, 161 more than in the corresponding period of last year. 25 new stores were opened in Q1 2018. Q1 2018 also saw greater footfall and higher basket value in Dino stores. Read more »
Italian cuisine has become Poles’ cup of tea. The Mediterranean diet has become the second most popular food type, second only to our own, traditional cuisine. This is translating into growing imports of Italian food, which recorded an almost 46 percent increase over the last 5 years. The EUR 826 m worth of exports of Italian food to Poland includes mainly coffee, chocolate and cocoa... Read more »
The Common Agricultural Policy is essential. It is key for profitability and determines how much Polish farmers and agri-food companies earn,” argues Henryk Wroniewski, President of the Management Board, Krajowa Spółka Cukrowa. Work is currently under way to formulate the Common Agricultural Policy beyond 2020. For Poland, the priority is to ensure equal direct subsidies. This is the only... Read more »
Scientists from the Medical University of Warsaw have discovered that oleaceine, found in extra-virgin olive oil, has a unique ability to prevent the atherosclerotic plaque in the neck artery from breaking and hence reduce the high risk of death due to a stroke or heart attack. However, Prof. Marek Naruszewicz, leading the research, stressed that these valuable properties can only be found in... Read more »
Aldi is going all in on organic products. It is looking to eventually expand its organic range so that these products are available in almost all major categories. The expansion will see Aldi Süd’s organic range grow almost 30%, from around 240 products currently, to about 310 products by the end of the year, including trial products, seasonal, promotional and standard items at the discounter. Read more »
Aldi Nord and Süd are talking about ways to work more closely together, but say they are “not considering nor planning a merger”. Aldi Nord and Aldi Süd will investigate whether they can collaborate on marketing and purchasing, specifically in Germany. The goal is to lower costs and take full advantage of scale. Read more »
Asda in the UK says it will shift to even more of an everyday low price position to compete against discounters. The retailer predicted the market share of the discounters to grow by another 5% by 2022 and that it is determined to make the comparative cost of an Asda basket cheaper. Read more »
Lidl will be cutting back the use of plastic packaging in its private label products as part of its programme to reduce use of plastics in Germany by at least 20% by 2025. The retailer wants to achieve this goal through measures regarding packaging and repackaging of private label products, which make up around 70% of the entire product range. Read more »
UK grocers are declaring war on plastic packaging. Asda has become the latest UK retailer to outline its plans to reduce plastic packaging. The supermarket aims to reduce the amount of plastic in its private label products and packaging by 10% this year, while working with suppliers to find more recyclable solutions. Read more »
Tesco is reportedly working on a plan to launch its own discount store format in the UK to help it win back customers from Aldi and Lidl. The Sunday Times said the new group would match the discounters on price and carry a far more limited range of products than a typical Tesco store. The group is believed to be working with advisers from Boston Consulting on the format. The newspaper added... Read more »
Trade in agri-food products occupies an important position in the structure of total Polish foreign trade. The share of food exports in total Polish exports in 2017 amounted to 13.4% (0.2 pp less than 2016), and the share of imports was 9.3% (0.3 pp less). Between 2004 and 2017, the difference in favour of exports was mostly on the rise, achieving 4.1 pp in 2017 (see Fig. 1). Read more »
The Makarony Polskie Group can consider the past year of 2017 a very successful one. Revenues from sales amounted to PLN 144.9 million, approx. PLN 20.7 million higher than in 2016. Zenon Daniłowski, the President of the company’s Management Board, told us about the share of exports in this success and about prospective markets. Read more »
Two grocery retailers are entering the Italian market. Aldi Süd is opening its first stores there this month and is looking to open stores in all regions of northern Italy as well as in Tuscany. The retailer says that 75% of the food products will be sourced from Italian suppliers. The retailer brand offer features a range of Italian SKUs including Regione Che Vai (pasta and cooking oils), I... Read more »
Through many years China transformed into a modern country with ultra-modern metropolises and more than one billion customers. Value of local consumers purchasing power increased during huge economic growth which led them to become consumers of luxury and high valuable products. In comparison to domestic products, western recognizable brands have advantage because of its high quality and... Read more »
In 2017, the value of food exported by Poland reached a record high level of EUR 27.3 billion and was 12.3 percent higher than the preceding year, surpassing in terms of dynamics, the increase in the value of total exports, and reaching 10.2 percent. At the same time, the share of agri-food products in exports amounted to 13.4 percent. Read more »
For more than ten years, we have been observing a constant increase in the turnover of Polish foreign trade in agri-food products. Moreover, the growth rate of the value of exports is noticeably higher than the one of imports, affecting the systematic increase of the positive trade balance. Since 2004, the accession of Poland to the EU, the balance of foreign trade in agri-food products has... Read more »
What is the most important factor when it comes to doing business right? Good relations, experience, knowledge of the global supply chain and cooperation with professional partners. Wiktor Sawosz, Owner of the Brand Distribution tells us about cooperation benefits and difference between Poland and others markets. Read more »
On 21 March 2018, the General Meeting of Representatives of Members of the MLEKOVITA Dairy Cooperative was held, at which the President of the Management Board – Dariusz Sapiński – presented the report on the company’s operations along with the results from 2017. Read more »
Private label keeps gaining market share in Germany. GfK reports that sales of retailer brands climbed 4%, while manufacturer brands increased only 0.5% in 2017. Private label gains are due to the growth in both the price entry brands (+ 0.5% market share compared to 2016) and the value-added brands (+ 0.3% market share). The increase in private label is reflected in a decline in the middle... Read more »
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 »
