Russia

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...

Unilever Invests €20 Million In New Ukrainian Factory

Consumer goods giant Unilever has announced plans to invest €20 million in a new production facility in the Kyiv region of Ukraine.

Russian Retailer X5's Profit Dented By Expansion Of Discount Chain

Russian food retailer X5 has said declining profit in its fourth quarter was partly owing to aggressive expansion of its network of discount stores as Russ...

Bitburger Brewery Sees Turnover Up 15% In FY 2022

Bitburger Brewery Group has reported 15% year-on-year growth in turnover to €729 million in its financial year 2022, with group sales up 11%.

Carlsberg Denies Report It Sold Russian Breweries To Turkey's Anadolu

Danish brewer Carlsberg has denied a media report that said the company had agreed to sell its Russian business to Turkish rival Anadolu Efes.

Auchan Denies Opening New Store In Russia

French retailer Auchan has denied it is opening a new store in Russia, a market where it has maintained a presence since Russia's invasion of Ukraine, inst...

French Retailer Auchan To Open Private-Label Store In Russia

French retailer Auchan plans to open a new store in Russia selling almost exclusively private label products, doubling down on its presence in a market tha...