Eastern Europe

Smurfit Kappa Invests €40m In Polish Packaging Plant

Packaging firm Smurfit Kappa has invested €40 million in expanding its Pruszków corrugated packaging plant in Poland.

East Europeans Count Their Pennies For Christmas As Food Costs Soar

Consumers in Eastern Europe are saving up to put their favourite carp and pork dishes on the table for Christmas as food price inflation, especially in Hun...

Carlsberg Raises 2020 Outlook On Strong Sales In China, Eastern Europe

Danish brewer Carlsberg raised its full-year earnings expectations after positive momentum last month, buoyed by solid sales in Eastern Europe and an impro...

Eastern EU GDP Growth Seen Speeding Up On Consumer Spending

Economic growth in the European Union’s eastern members picked up in the third quarter as rising wages propelled consumer spending. Four of the re...

CEE Retailers To Experience 6.5% Growth Annually Until 2022, IGD Says

Central and Eastern European (CEE) retailers are expected to post 6.5% growth annually between now and 2022, compared to 3.8% annual growth in the entire E...

Shoprite Expands In Angola, Eyes Eastern Europe

South African retail group Shoprite plans to invest $571.7 million (€537 million) in Angola to increase its store network in the country. Angola is...

Recovery In Emerging Markets Will Lift European Grocery Performance: Moody's

A new report by Moody's has found that improving conditions in emerging markets such as Eastern Europe and Latin America will likely be credit positive for...

Eastern Europe To Drive Prosecco Boom: Henkell Group

Andreas Brokemper, CEO of the Henkell Group, has forecast strong growth for prosecco in Eastern Europe, with countries such as Poland and the Czech Republi...

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