BULGARIAN NEWS

  • Winemakers allowed to add sugar to boost alcohol level

    Winemakers allowed to add sugar to boost alcohol level

    Wine producers inBulgariawill be allowed to add sugar to boost the level of alcohol, according to Krasimir Koev, Director of the Executive Agency on Vine and Wine (EAVW). The EAVW has authorized the measure in response to a request to local wine producers.Bulgarian winemakers argued that the poor meteorological conditions in 2014 had resulted in a lower sugar content of...

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CEE NEWS

  • CZECH REPUBLIC: Online grocery to compete with Tesco in Prague

    CZECH REPUBLIC: Online grocery to compete with Tesco in Prague

    Saying “NE!“ or “NO!“ to long queues is one of the slogans of the newly established Czech online supermarket, Rohlík.cz that plans to become a rival to Tesco´s home delivery. A relative newcomer to the market in home deliveries of foodstuffs, Rohlík.cz is preparing to expand beyond the Czech capital Prague. According to its CEO...

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  • CROATIA: Podravka launches buyout bid for local fish company

    CROATIA: Podravka launches buyout bid for local fish company

    Croatian food, beverage and drug producer Podravka said it has launched a mandatory takeover bid for the shares of Rovinj-based fish farming and processing company Mirna it does not already own. Podravka said in a statement it has offered to pay 38.02 kuna ($6.5/5.1 euro) a piece for the targeted Mirna shares. The move comes after Podravka acquired in August a total of...

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INTERNATIONAL NEWS

  • GLOBAL: Online purchase intentions have doubled since 2011

    GLOBAL: Online purchase intentions have doubled since 2011

    Online purchase intentions around the world have doubled since 2011 for many durable and entertainment-related categories including e-books, event tickets, sporting goods and toys, according to a new study conducted online by Nielsen. Nearly half of global respondents intend to make an online purchase in the next six months in high-prominence categories including clothing...

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  • FRANCE: Intermarche expands Drives chain

    FRANCE: Intermarche expands Drives chain

    Intermarche has increased the pace of new drive openings in Francein August by opening 25 drives. August 2014 was the second consecutive month when the retailer lead in terms of the number of openings and in the previous month reported opening 19 drives. Leclerc remains the market leader in the French drives network , with a total of 645 units and 4 openings in August...

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  • US: Colgate takeover odds rise amid mega-mergers

    US: Colgate takeover odds rise amid mega-mergers

    In the year of the mega-mergers, even a $60 billion toothpaste giant isn’t too big to wind up on someone’s shopping list. Colgate-Palmolive is in an enviable position as oral-care products become increasingly sought-after in developing nations, where the company already generates half its sales. Its revenue is set to climb faster than every peer over the next few...

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