BULGARIAN NEWS

30 Bulgarian and international companies have joined forces in the fight against youth unemployment within the movement Alliance for Youth. This was announced by the CEO of Nestle Bulgaria Juan Carlos Peralejo during a press conference. “As a socially responsible company, we feel it is our moral obligation to support the development of young people. We believe that it is...

METRO Cash & Carry offers business customers to place orders and receive delivery to their door via online system METRO Electronic orders.“We've introduced METRO Delivery five years ago to provide our professional clients faster, convenient and economical way to order the necessary products for their activities”, said Ivan Yotzov Head of Department Orders and Deliveries...

Only 10% of the fruit and vegetables consumed in Bulgaria are locally produced, with the remainder being imported, according to Slavi Trifonov, Chair of the National Union of Gardeners. Trifonov announced at a press conference that Bulgaria lacked fresh produce harvested within 48 hours of sale, adding that imported fruit and vegetables had been processed with chemicals to...

American snack maker Mondelez International inaugurated a HUF 4.5 bln capacity expansion at its biscuits plant in Székesfehérvár, northwest Hungary. Mondelez International already invested about 50 mln EUR (HUF 11 bln) in Székesfehérvár over the past three years in the development of the Székesfehérvár chocolate...

Procter & Gamble Co. is selling its remaining pet-food business to Spectrum Brands Holdings Inc. as the world’s largest consumer-products company seeks to focus on its main home and personal-care businesses. The transaction includes the Iams and Eukanuba brands in most ofEurope, P&G said  in a statement. Terms weren’t disclosed. P&G sold about 80...

The owners of Café Grand’Mère and L’Or have solicited potential bidders for the French coffee brands, according to people familiar with the matter. The move comes as owners DE Master Blenders 1753 and Mondelez International’s coffee unit are racing to win antitrust approval for a joint venture that would help them take on global rival...

Metro Group has revealed it is considering closing down its small network of five Metro cash & carries in Denmark due to missing growth targets. A final decision is to be expected within a couple of weeks. The move would mark the fifth market exit of Metro/Makro Cash & Carry in four years, after Morocco (November 2010), UK (July 2012), Egypt (January 2014) and Vietnam...