Russia

LVMH Says 'Impossible' To Control Final Destination Of Products Sold By Third-Party Distributors

LVMH said it was 'impossible' to control the final destination of products sold by third-party distributors after a report said the French luxury group's c...

High Food Prices Dampen Festive Spirits In Russia

Stubborn inflation has driven up prices of staples such as butter, potatoes and chicken in recent months, hitting Russia's poorest and causing some to cut...

Metro AG Reports Full-Year Sales Growth Driven By sCore Strategy

Wholesaler Metro AG has reported growth in sales for the third consecutive year driven by the implementation of its sCore growth strategy.

Russia Approves Sale Of Carlsberg Assets To Local Businessmen, Document Shows

Russia's government has approved the sale of Danish brewer Carlsberg's assets in Russia to VG Invest for 34 billion roubles (€303.5 million), a govern...

Ukraine Introduces Minimum Export Prices For Major Agricultural Goods

Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices bel...