Investment

European Discounter Pepco To Slow Store Opening Plan

Pepco Group, the European discount retailer that issued two profit warnings last month, will slow down its aggressive store opening programme, it said.

FrieslandCampina Targets Annual Cost Savings Of €400m To €500m

Dutch dairy cooperative FrieslandCampina aims to achieve annual cost savings in the range of €400 million to €500 million from 2026, by implement...

Cargill Opens European Protein Innovation Hub In France

Commodities trader Cargill has opened a new European protein innovation hub in Saint-Cyr en Val facility in France as part of a €50-million investment...

John Lewis Chair Sharon White To Step Down In 2025

Sharon White, the chair of British retailer the John Lewis Partnership, will step down early in 2025, having decided not to seek a second term of office, t...

Coca-Cola HBC Invests €12m In Returnable Glass Bottles In Austria

Coca-Cola HBC has invested €12 million in a new high-speed returnable glass bottling (RGB) line at its plant in Edelstal, Austria.

DS Smith To Invest €13m To Upgrade Facility In Romania

Packaging firm DS Smith will invest over €13 million at its Ghimbav production site in Romania as part of its growth strategy in East Europe.

Asda Announces New Operating Model For Commercial Functions

UK retailer Asda is planning to introduce a new operating model for its commercial function at its office in Leeds.

Beiersdorf Inaugurates Production Plant In Leipzig

Beiersdorf has inaugurated its new production plant in Leipzig in the presence of the minister president of Saxony, Michael Kretschmer, and the mayor of Le...