Russia

Unilever says Russia is still a land of opportunity

Unilever says Russia is still a land of opportunity

By Nathan Gray

Unilever CEO Paul Polman is confident that Russia will be an important growth market for the firm, and is ready to invest in new facilities and acquisitions in the area despite a slowing economy.

Carlsberg defends slight erosion in Russian market share

Carlsberg defends slight erosion in Russian market share

By Ben BOUCKLEY

Carlsberg insists that analysts following the firm should take a long-term view of its market share in Russia, as it brushed off concerns over a slight erosion of its position there in the fourth quarter of 2012.

Rexam prefers patience to Russian Roulette in 2012

Rexam prefers patience to Russian Roulette in 2012

By Ben Bouckley

Rexam will await the effects of higher beer prices before adding extra Russian beverage can capacity, as new comments by Russian president Vladimir Putin sent major brewers’ share prices tumbling yesterday.

Carlsberg's Eastern European head steps down

Carlsberg's Eastern European head steps down

By Ben Bouckley

Carlsberg's Eastern European chief has stepped down from the company only weeks before the release of third quarter (Q3) results that are expected to highlight the significant challenges it faces in Russia.

Why food is the new oil

Why food is the new oil

“Food is a weapon – don’t waste it.” This message, which featured on a Second World War poster issued by the US Office of War Information in 1943, is a lesson from history we would do well to heed.

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