Germany

Metro AG Posts First-Quarter Gains, Despite Cyber Attack

Wholesale giant Metro AG has reported a 5.2% increase in sales in the first quarter of its financial year, despite a cyber attack that impacted the busines...

Smurfit Kappa's Revenue Grows By Almost A Third In FY 2022

Packaging firm Smurfit Kappa has reported revenue growth of 27% to €12.8 billion in its full financial year 2022.

Nestlé To Hike Food Prices Further In 2023, CEO Says

Nestlé will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consum...

German Retailer REWE Rolls Out Hydrogen Truck

German retailer REWE has rolled out its first hydrogen-powered truck from its west region logistics centre in Cologne-Langelas.

'Party Is Over': Hapag Lloyd CEO Says Freight Rates To Keep Declining

Container freight rates will keep declining in the current realignment of shipping demand and supply, said Hapag Lloyd CEO.

Danish Crown Says Chinese Pork Demand Subdued, Set To Cut 550 Jobs

Chinese consumption of pork remains subdued and normalisation could take up to six months, said Danish Crown's CEO, who also told Reuters the company would...

Danish Crown To Reduce Production Capacity In Germany

Danish Crown, one of the largest meat-processing companies in Europe, has said it will reduce its production capacity in Germany.

Aldi Süd Hits 2,000 Store Milestone In Germany

Aldi Süd has announced that it has reached the milestone of 2,000 stores in Germany, with the landmark store set to open in Hamminkeln-Mehrhoog on Jan...