BULGARIAN NEWS

Bulgaria's Finance Ministry has extended the validity of the old excise stamps for liquor sold in the country till June 30, 2015.By the same order of the Finance Minister Vladislav Goranov is extended the validity of the excise stamps for cigars and cigarillos (also till June 30, 2015) and of cigarettes and tobaccos – till March 31, 2015.The extension is provoked by the...

The sales of food, drinks and tobacco in Bulgaria in November 2014 decreased by 0.1%, compared to October, shows the preliminary data of the National Statistics Institute (NSI), based on sales on comparable prices.The sales of food, drinks and tobacco in non-specialised shops in November 2014 increased by 0.1%, compared to October. Year-on-year, the sales grew by 3.1%.The sales...

X5 has signed an agreement with A Plus Development, an industrial developer, to build a 33,500 square meters distribution center (DC) in Shushary Industrial Park, St. Petersburg, Russia. X5 will sign a long term lease agreement with the developer, under a built-to-suit scheme. The DC will cater Perekrestok and Karusel stores in St Petersburgand Leningrad Region and is scheduled...

Orkla has entered into an agreement to sell OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC, a member of the Russian confectionery group Slavyanka. Under the agreement, Orkla will divest 100 per cent of its shares in Orkla Brands Russia. Orkla Brands Russia is an established confectionery producer inRussia, with iconic local brands such as Krupskaya, SladCo and Pekar. The...

The prices of butter and cheese in most supermarkets inCroatiahave fallen by 25 to 30 per cent as a result of surpluses within the EU and the drastic decline in the purchase prices of milk. Butter, especially private label, is already sold for HRK 8.99 (€1.71) for 250 grams, while a litre of milk costs HRK 4.49 (€0.58), as retailers mark up minimal or no margins on...

Parmalat S.p.A. purchased from Consorzio Cooperativo Latterie Friulane S.C.A. business operations encompassing the activities engaged in the production, sales and distribution of dairy products (pasteurized and UHT milk, yogurt, Montasio cheese, mozzarella and ricotta cheese), including the brands (Latterie Friulane, Latte Carnia, SILP, San Giusto, Castello and Cometa), the...

Carrefour France and the Belgian hypermarket group Cora - which owns the Match supermarkets - have established a long-term partnership to cooperate on purchasing. The partnership, which starts Jan. 1, 2015, covers purchasing negotiations for national and international brands, food products and general merchandise, but excludes private label products, goods...

Procter & Gamble, the world’s largest consumer-products maker, agreed to sell portions of two soap brands to Unilever as chief executive officer A.G. Lafley works to slim down the company. The sale, for an undisclosed amount, includes the Camay brand worldwide and the Zest brand outside of North American and the Caribbean, Cincinnati-based P&G said in a statement...