Tag Archives: Russia

Corporate

Blessed are the cheesemakers

31 Mar 2014

v kontakte

The Russian Federal Consumer Protection Service has temporarily closed a factory belonging to Torgovy Dom Syra (Trading House of Cheese) after finding serious sanitary infringements, following photographs published on social network portal v kontakte (staying in contact) which showed what appeared to be members of staff bathing in a vat of goats milk with the [...]

Analysis

IMF bail out money to Ukraine may end up in Moscow

27 Mar 2014

putin yanukovych

Yesterday the IMF agreed to a deal worth up to EUR27bn to bail out Ukraine – however some of this money could be pretty soon winging its way to Moscow despite sanctions.
On 24 December 2013, Russia paid the first part of a USD15bn loan which would be in the form of bonds issued by the [...]

Corporate

Metro will continue to invest in Russia .. if it can

26 Mar 2014

METRO_cash_and_carry_Saint-Petersburg

German retailer Metro has announced that it will continue to invest in Russia provided that sanctions do not effect the ability of the company to import goods.
Metro Chief Executive Olaf Koch said in a CNBC interview that Russia and Ukraine were still good markets for Metro.  In Russia, Metro is the fourth largest retailer behind [...]

Corporate

Russian retailer pulls out of Ukraine

26 Mar 2014

Perekrestok

Russian retailer X5 Retail Group has sold the assets of its Perekrestok supermarket operations in the Ukraine to its competitor Varus.
The company generates less than 0.3 percent of its revenue in that country. It had only 12 stores in the company compared to nearly 5,000 in Russia.
In a statement the company said that its strategy [...]

Analysis

Nano packaging market worth USD20bn

10 Mar 2014

danaflex Kazan nano

The economic crisis has hindered packaging demand. This has led to an increase in global competition which has meant that the selection of goods on offer is as high as it has ever been. In fact, discount the marketplace is almost too saturated, with consumers having to sift through a number of similar looking [...]

Analysis

Dietary supplements growing in CIS

3 Mar 2014

Russian choice supplement

In 2013 sales of dietary supplements in the Commonwealth of Independent States (CIS) countries (Russia, find Ukraine, Kazakhstan) amounted to ?888m (at wholesale prices) and were fully 23% higher than the year before, according to a new report from PMR, ?Dietary supplements market in CIS countries 2014. Development forecasts for 2014-2018?.
 
Kazakh market: disproportionately [...]

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