Russia

Russian Retailer O'Key Expects Revenue Boost From Discount Stores

Russian retailer O'Key Group has said that it expects its chain of discount stores will soon account for half of its overall revenues, as shoppers increasi...

Ukraine 2023 Corn Area Could Fall By Up To 35%: Producers Union

The area sown to corn in Ukraine could fall by 30% to 35% in 2023 because of a shortage of money for farmers and electricity blackouts, the Ukrainian agric...

McCormick & Company Posts 3% Sales Growth In FY 2022

Spice maker McCormick & Company has posted sales growth of 3% in constant currency in its financial year ended 30 November 2022.

ADM's Earnings Top Forecasts On Strong Crush Margins, Buoyant Demand

Archer-Daniels-Midland Co said robust soy crushing margins and hefty global demand for crops had propelled the US grains merchant to a record fourth-q...

Russia's Magnit To Establish New Discount Chain: Reports

Russian supermarket chain Magnit is planning to create a new discount grocery chain, Russian business newspaper Kommersant has reported, citing two sources...

Ukraine 2022 Grain Harvest 93% Complete At 49.5 Million Tonnes: Ministry

Ukrainian farms had harvested 49.5 million tonnes of grain from 93% of the expected area as of 6 January 2023, the agriculture ministry said.

Kellogg Divests Russian Operations To Local Snacks Maker Chernogolovka

Kellogg Co has decided to divest its operations in Russia to local snacks and drinks maker Chernogolovka, as the company joins a long list of Western brand...

Ukraine To Ensure Power Supply To Key Agriculture Facilities

The Ukrainian government has authorised the agriculture ministry to identify critical facilities in the agriculture sector that should be prioritised for r...