Consumption of PepsiCo’s Imunele, a drinkable yoghurt fortified with two probiotic strains and a vitamin complex was found to reduce the frequency of upper respiratory tract infections (URTI) among female subjects in a randomised double-blind control...
PepsiCo Russia and Coca-Cola Hellenic have both announced plans to shut down beverage plants in Russia, with Coca-Cola telling BeverageDaily.com the company has to enhance its competitiveness in ‘the new economic realities.’
ANALYST BELIEVES DEPRESSED MARKET MAY FORCE FURTHER CLOSURES
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.
Carlsberg CEO Jørgen Buhl Rasmussen has suggested that rival SAB Miller and new strategic partner Anadolu Efes may be facing challenges in Russia as they combine their businesses, as his firm wins market share.
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 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.
A poor Russian wheat harvest and a ban on grain exports are unlikely to have a major impact on the European beer market, but could represent another setback for the home market, according to a Canadean analyst.
Eastern Europe’s potential as an antidote to declining beer demand in more mature markets has taken another blow as Carlsberg reportedly prepares to step up its focus on the emerging markets of Asia to offset concerns about regional sales.
Increasing consumer power in Russia is drawing food and beverage
manufacturers to set up base in the country - which, in turn, is
opening opportunities for ingredients suppliers to do more business
in the emerging market.
In the latest briefs, Anheuser Busch continues to profit from its
increasing focus on export brands; not to be outdone San Miguel
also continues to enact cost savings in South China; and Rexam hits
Increasing profitability within the beer markets of Eastern Europe
could further complicate the battle between Scottish &
Newcastle and Carlsberg for control of their regional joint venture
Baltic Beverages Holding (BBH).