Russia

Rotterdam Says Port Traffic Drops Slightly As Inflation Weighs

Throughput in the port of Rotterdam, Europe's largest sea port, fell 1.5% in the first quarter as high inflation slowed down container traffic, the port's...

Russian Supermarket Chain Lenta Sees Profits Slump In Q1

Russian supermarket chain Lenta's core profit slumped 62% in the first quarter of 2023 on an annual basis, the retailer said, due to weak consumer demand,...

Imperial Brands Expects First-Half Revenue Drop On Russia Exit

Tobacco group Imperial Brands said smokers have cut down their purchases of cigarettes after strong buying during the pandemic, prompting increased volume...

Russia's Ozon Reports 55% Jump In Revenues In Full Year 2022

Russian online retailer Ozon has reported a 55% increase in revenue to RUB 277.1 billion (€3.08 billion) but costs related to a major fire a fulfilmen...

Ukraine Could Export More Grain This Season

Ukraine may export a further 15.6 million tonnes of grain in the April to June quarter, which would unexpectedly lift this season's exports to nearly 53 mi...

Louis Dreyfus To Stop Exporting Russian Grain From 1 July

The French agricultural trading giant Louis Dreyfus will stop exporting Russian grain from 1 July, the company said in a statement on Monday.

Kraft Heinz Agrees To Sell Russian Baby Food Business

Kraft Heinz has agreed to sell its baby food business in Russia to local drinks and snacks maker Chernogolovka, the U.S. food giant said, as domestic firms...