Russia: latest retail news, insights and analysis | ESM Magazine

Anadolu Efes To Acquire Budweiser Maker's Stake In Russian Joint Venture

Turkish brewer Anadolu Efes is set to acquire AB InBev’s stake in AB InBev Efes, a Russia-based joint venture, in a move that will reduce the Budweis...

German Turnaround ‘Will Take A Little Longer’, Says Metro AG CEO

Turning around the performance of wholesaler Metro AG's German operations is likely to take a "little more time", chief executive Dr Steffen Greu...

Russia To Exempt Eggs From Import Duties As Prices Climb, Stocks Dwindle

Russia's economy ministry said the import of 1.2 billion eggs would be exempt from duties for the first six months of next year, as some shops run low...

Russia's Magnit Completes $736m Buyback From Foreign Shareholders

Russian retailer Magnit has purchased an additional block of shares from foreign shareholders, completing a buyback worth around $736 million.

Proposed Tariffs Jump To Cut Ukraine 2024 Sowing Areas, Traders Say

Plans by Ukraine's national railways to raise transport tariffs will lead to increased losses for farmers, a new reduction in planted areas and lower expor...

Russian Retailer Magnit To Buy Back 7.8% Of Shares In Additional Tender

Russian retailer Magnit said that foreign shareholders had tendered shares representing about 7.8% of the company in an additional, discounted buyback offe...

World Food Price Index Falls In October: FAO

The United Nations food agency's world price index fell in October to its lowest level in more than two years, driven by declines in sugar, cereals, vegeta...

Ball Corporation Misses Quarterly Sales Estimates On Slowing Demand

Ball Corporation missed third-quarter sales estimates, hurt by slowing demand for its beverage cans and business disruption at one of its largest customers...