The delegation gathered 96 Egyptian export companies which covered a total of 1.260m2 divided in four different areas: the country pavilion and the halls for frozen foods, beverages and dairy products. A record participation that the Egyptian authorities consider was very successful. Read more »
Leading global commercial real estate services and investment management firm, Colliers International announced that Kevin Turpin has been appointed as the new Regional Director of Research for Central and Eastern Europe. He started his new position on the 01 October and is based in Prague. Read more »
We are today announcing that Dave Lewis has decided to step down as Group CEO of Tesco. He will leave the business next year and will be succeeded by Ken Murphy. Read more »
Unilever announced today that its factories, offices, R&D facilities, data centres, warehouses and distribution centres across five continents are now powered by 100% renewable grid electricity. Read more »
The shopping centre market in the largest Polish agglomerations is mature and well developed. Approximately 10 million consumers with an annual purchasing power of nearly PLN 410 billion have a large choice of locations, range of goods and services and shopping centre format. At the end of June 2019, in the eight largest urban centres there were 215 shopping centres with a total leasable area... Read more »
Nestlé today announced its ambition to achieve zero net greenhouse gas emissions by 2050. It embraces the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C. Ahead of the U.N. Secretary-General’s Climate Action Summit this month, Nestlé will sign the ‘Business Ambition for 1.5°C’ pledge. Read more »
Leading global commercial real estate services and investment management firm, Colliers International announced the appointment of Andy Hay as its new Head of EMEA Real Estate Management Services (REMS). In this new role, Andy will focus on driving the continued growth and success of the firm’s REMS division; improving client experience, developing relationships and optimising its EMEA... Read more »
The Polish warehouse market is experiencing an upward trend, with both supply and demand at a high, stable level. In the first half of 2019, developers delivered nearly 1.1 million sq m of new warehouse space, which took the total stock in Poland to over 17 million sq m. Read more »
Eurocash Group’s revenue in the second quarter of 2019 reached PLN 6.44 billion, nearly 12% higher than in the same period of 2018. In the entire first half of 2019, consolidated revenue amounted to PLN 11.92 billion, up by 11% y/y. Read more »
Commercial land prices have been stable over the first half of 2019, while prices for residential sites continue their rising trend at a slowed pace. Read more »
In the second quarter of 2019, Henkel was affected by an increasingly difficult market environment. Sales were nominally and organically almost on prior-year level. The adjusted EBIT margin, adjusted EBIT and adjusted earnings per preferred share (EPS) were below the level of the prior year. Read more »
Osem, Nestlé’s Israeli subsidiary, announced that it agreed to sell its Noga ice cream business in Israel to Froneri. The decision completes the transition of Nestlé Europe, Middle East & North Africa (EMENA) ice cream businesses into Froneri, a joint venture set up in 2016 between Nestle and R&R. Read more »
Nestlé has announced today the launch of its YES! snack bars in a new recyclable paper wrapper. In a breakthrough innovation, for the first time a confectionery bar has been packaged in paper using a high-speed flow wrap technology. Read more »
EPP has successfully completed the purchase of four M1 shopping centres, closing tranche 2 of its multi-year M1 transaction. The JSE-listed company is already the largest owner of retail real estate in Poland by GLA and this deal with add an additional 141,000 sqm of GLA to its portfolio. Tranche 2 consisted of M1 shopping centres in Bytom, Czestochowa, Radom and Poznan. The deal is valued at... Read more »
Nestlé Vietnam and La Vie – Nestlé Waters today sign a partnership with seven other companies to establish a not-for-profit Packaging Recycling Organization Vietnam (PRO Vietnam) to support the growth of a strong, resilient domestic packaging collection and recycling ecosystem. Read more »
Nespresso, Reviving Origins Read more »
Dairy products in the fridges of European households are getting better for the environment. By the end of the year, across six countries, Arla is making 600 million fresh milk cartons renewable and 560 million yogurt pots recyclable, cutting 7,330 tonnes of carbon. Read more »
Italian cuisine has reigned in the ranking of Poland’s favourite foreign cuisines for many years. Italians are increasingly willing to reach for Polish specialties, too. Read more »
It is an unquestionable fact that the development of discount stores has saved the Polish FMCG trade. Without them, it would be like in Hungary and the Czech Republic. Read more »
The Fitch agency upholds its rating, pointing out the stability and thus encouraging investors for activity in Poland. Read more »
Each year, growing food exports are recorded in Poland1. The taste and high quality of Polish foodstuffs is mainly appreciated by European consumers, but it is well-known worldwide as well. According to preliminary data, 2018 saw EUR 15,047.3 million worth of Polish foodstuffs exported, the largest recipients were Germany and the UK. Read more »
The agri-food sector is the key segment of the Polish economy and simultaneously, the driving force behind national exports. The value of Polish agri-food exports in 2018 reached a record-breaking level of EUR 29.3 billion – more than 5.5 times higher than at the moment of Poland’s accession to the EU in 2004. Can we expect the upward trend to continue? What are the perspectives of Polish... Read more »
No European country has developed such a model of trade in food products as in Poland. And it should not be expected to undergo any major changes in the years to come. Read more »
Year after year, Polish foreign trade in agri-food products is breaking new records. These results confirm that the agri-food sector is a key segment of the Polish economy worth investing in and promoting, both on domestic and foreign markets. Read more »
The bottle of the Björn vodka manufactured by BZK Alco won the Art of Packaging 2019 in the Professional 2019 Thirst Packaging category. The bottle received the award “for the graphic design and the bottle shape design of the new Björn premium vodka brand”. The uniqueness of the packaging is confirmed by the fact this is not the first award for this design. Previously, it received the... Read more »
Modern-Expo SA has been elected the Ambassador of the Lublin Province. This title is granted to outstanding people, institutions and companies that have made a strong contribution to the promotion of the Lublin Region in Poland and abroad. Modern-Expo, an international producer and supplier of complex equipment for the retail industry, has been elected Ambassador of the Lublin Province in the... Read more »
▪ Consolidated sales up by +0.9% on a reported basis to €6,138m ▪ Start of the year as anticipated: like-for-like sales growth at +0.8%; growth set to accelerate from Q2 ▪ All reporting entities contributing to growth despite tough comparisons and calendar phasing ▪ Sale of Earthbound Farm reflects disciplined capital allocation and portfolio focus ▪ 2019 guidance confirmed:... Read more »
Tetra Pak has announced the appointment of Charles Brand to the position of President of Tetra Pak Europe & Central Asia (E&CA) Region and he will continue to be a member of the company’s Global Leadership Team. Read more »
LONDON (Reuters) - British Prime Minister Theresa May has formally asked for another delay to the country’s exit from the European Union, buying time to thrash out an alternative Brexit plan with her political opponents. Read more »
The European Parliament agreed on the ambitious measures proposed by the Commission to tackle marine litter coming from the 10 single-use plastic products most often found on European beaches, as well as abandoned fishing gear and oxo-degradable plastics. Read more »
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