BULGARIAN NEWS

For the third year Whisky Festival Sofia will be held from October 31, 2014 to November 2, 2014. This year the unique whiskey festival in Bulgaria will once again bring together whiskey enthusiasts, friends and collectors. The three-day event will welcome guests in Sofia Event Center at Paradise Center, 100 Cherni Vruh Blvd.Whiskey Fest Sofia 2014 gathers in one place all...

Leading brewer ZAGORKA noted on October 8, 2014 20th anniversary as part of the group of HEINEKEN. The event was attended by key individuals in the management of the company for the last 20 years, official guests, partners, employees and the media. For the special anniversary in Bulgaria arrived all general managers ZAGORKA who have been running the company in the new history...

Intermarché in Polandhas begun opening new concept stores tailored to specific catchment areas. In addition, a Drive format is scheduled to go operational in the coming weeks. Apart from featuring a wider assortment focused on fresh counters, regional and local produce, as  well as an extensive range of ready meals, Intermarché is to offer click & collect...

French hypermarket chain Auchan said that it expects revenue for the Hungarian subsidiary to rise by 3%. Dominique Ducoux, chief of Auchan Magyarország, said the increase will be chiefly affected by sales during the last three months of the year. The revenue of the Hungarian unit rose by 8% last year, climbing to HUF 324 bln. The unit is expected to spend HUF 5 bln on...

Novi Sad-based retailer Univerexport has become the largest domestically-owned retailer inSerbiaafter receiving approval from the Competition Protection Commission to acquire Angropromet from Kikinda and Subotica-based Lurdy. A Memorandum of Understanding was signed on 15 August by Univerexport with Ruwa Company to purchase the two retailers. On 24 September, in summary...

As CEO Dave Lewis takes over at Tesco the retailer is reportedly looking to sell or shutter its Blinkbox video streaming service. Clubcard TV is also set to close at the end of this month. Tesco is understood to be planning to sell or close Blinkbox, just three years after acquiring the digital streaming service, according to The Guardian. Tesco has an 80% stake in Blinkbox...

Japan Tobacco International (JTI) announced a proposal to restructure its manufacturing facilities as a result of significant and sustained changes impacting its global business. The challenging economic environment, excise tax pressure coupled with illegal trade has triggered industry volume contraction in a number of key European countries. This is compounded by the need to...

Retail sales acrossEuropereturned to growth in August, after a surprise drop in July, helped largely by growth in non-food sales.  According to preliminary figures from Eurostat, sales in the 18-member euro area rose by a seasonally adjusted 1.2% month-on-month, while sales in the 28-member EU were up 1.4% on the same basis. Compared to August 2013, sales were up 1.9% in...