Danone products on the shelf of a Moscow supermarket. The agri-food group generates 5% of its global turnover in Russia. Andrey Rudakov/Bloomberg STORY – Unable to continue to operate in the country, the dairy giant puts an end to a thirty-year adventure. It could cost him 1 billion euros. “We can’t do it anymore.” Almost … Read more
STORY – Under pressure, they multiply the announcements of departure from the country. But their effective withdrawal is a path strewn with pitfalls. “The more the war gets bogged down, the more we plan to get out of Russia”, confides a close friend of Danone. If the dairy products giant is preparing to sell its … Read more
The new management says it expects a lower current operating margin this year but forecasts sales growth of up to 5%. The new management team of the French giant Danone unveiled on Tuesday its new strategy to relaunch the group, which had been rocked by governance problems, and announced new sales growth targets. «In recent … Read more
Trading room of the Frankfurt Stock Exchange Investors are likely to keep a close eye on the Ukraine conflict in the coming week as well (Photo: Reuters) Frankfurt The alert on the stock markets is likely to continue. Against the background of the conflict over Ukraine, experts are concerned about the coming stock market week. … Read more
Detergent residue discovered in the Volvic mineral water A supermarket chain and a manufacturer of mineral water have issued a warning against mineral water in circulation in which residues of a cleaning agent have been found. According to the manufacturer, the products can be recognized by a changed smell and taste. Consumption of the water … Read more
Despite its voluntary commitments to start collecting one bottle for each sold, the Coca-Cola company retained its crown of the world’s number one polluter for the fourth year in a row. According to the organization breakfreefromplastic.org, brand audits recorded more Coca-Cola products than the following two main polluters for a third consecutive year, suggesting that … Read more