Brown-Forman Corporation (NYSE: BFA, BFB) reported results for its second quarter and the first half of fiscal 2019, ended October 31, 2018. For the second quarter, the company’s reported net sales were flat1 at $910 million (+3% on an underlying2 basis) compared to the same prior-year period. The company estimates that second quarter’s underlying net sales growth was negatively impacted by... Read more »
Norsk Kylling plans to invest €185 million in a new "state-of-the-art" poultry processing facility in Orkanger, Norway. Read more »
Fast recent-cycle GDP growth, low unemployment and wage hikes add up to booming conditions for fashion in CEE says Colliers International in its recent research report “ExCEEding Borders - the fashion sector in the CEE-14 countries*”. Read more »
“Henkel delivered a good development in the third quarter. In a continuously challenging market environment with currency headwinds and higher material prices, we further increased sales, earnings and profitability. All three business units contributed to the positive development,” said Henkel CEO Hans Van Bylen. “The overall good organic sales growth was mainly driven by our Adhesive... Read more »
Biedronka supermarket chain will open its store in The Warsaw HUB complex being built in Warsaw’s Wola district. The discount store will occupy 1085 sq m in the convenience centre located in the underground part of the building. Read more »
Dino Polska S.A., a Polish network of stores that is one of the fastest growing networks on the overall retail grocery market in Poland, posts further growth in its business size and profitability improvement in the period from January to September 2018. In the first three quarters of 2018 Dino Polska’s consolidated revenue reached PLN 4.3 billion, i.e. it was up by PLN 1.0 billion (+32%)... Read more »
Eurocash Group’s revenue for the first nine months of 2018 exceeded PLN 17 billion and was 9% higher than in the same period of 2017. Read more »
According to Colliers International latest Logistics&Retail research report “Survival of the fittest”, the answer to the above question is no. There is room for online and conventional channel retail to continue co-existing side by side in the short to medium term in the CEE-6 markets. The solid further EUR 71.5bn expansion of retail sales out to 2022E, 4.9% growth per annum overall,... Read more »
An interview with Zenon Daniłowski, President of the Management Board, Makarony Polskie Group about new products, challanges connected with export and future investment plans. Read more »
Barbara Wieczorek, Export Director at Maspex Group talks about company’s export history, goals and challenges; company’s development plans, new investments and most popular products sold on foreign markets. Read more »
This report on non-tariff barriers (NTBs) in the European single market has been commissioned by the Polish Federation of Food Industry (PFFI) and prepared by Dentons in collaboration with PFFI. The report analyses the current situation and identifies effective measures to counter unjustified non-tariff barriers to trade. Read more »
An interview with Hüseyin Kaptan, Founder of Damak Kebab on maintaining a competitive edge, exports achievements and importance of trade fairs around the globe. Read more »
Grzegorz Lenart, Export Director at Lotte Wedel discusses top export products, strategy concerning launching new ones and future plans for product range development. Read more »
The year 2017 saw further growth in turnover of Polish foreign trade in agri-food products. The growth rate of the value of exports was higher than of imports, which affected an increase in the positive trade balance. The growth of exports was fostered by a favourable situation on the markets of Poland’s major trade partners, as well as improved competitiveness of domestic export products. Read more »
On September 25, 2018, at the Marriott Hotel in Warsaw, the Food Export Congress was organized by the company Fischer Trading Group Sp. z o.o., the publisher of ‘Food from Poland’ and ‘Wholesale & Retail’ magazines. 180 representatives of food sector producers, government institutions and producer organizations supporting export, as well as trade counsellors of foreign embassies... Read more »
Senator Komorowski Organic Vodka and Björn received the Gold Medal in the largest in China and Hong Kong competition for wines and spirits – CWSA China Wine & Spirits Awards. Read more »
The President of the Board, Zenon Daniłowski, took part in the panel: “Problem Food Waste - how Europe deals with wasting food?” He pointed out that care for non-food waste is expressed in providing products with longer expiration dates and that appropriate packaging protects the durability of the product even after its opening. Read more »
Wedel products are gaining more and more fans abroad with perspectives to expand on new markets. Anticipating customer expectations, Wedel continues to widen portfolio, with international availability as one of the focus areas. Company already exports products to over 60 countries worldwide, but USA, Canada and UK are currently key markets. Read more »
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 »
