News

The German discount chain owned by REWE plans to open hundred new supermarkets in the next three to five years in the Czech Republic. The planned investment value is at least 100 million euros. Rewe plans to add 20 new locations to its existing store base in Russia this year. The expansion plans focus on central Russia, and on Moscow and the surrounding regions in particular.

Danone plans a private asset increase in order to reduce its debt and increase its financial flexibility. The goal of the transaction is to reduce the debt, which increased after Danone bought the Royal Numico baby food manufactury for 12.3 billion euros in 2007.

McDonald’s has maintained its leading position in Hungary. Seventy-nine million guests, 12 percent growth, a $ 38.7 billion HUF in turnover and 1.54 billion operating profit were last year’s results. The company currently employs 5,000 employee in 99 units, partly their own, in partly in franchise operation.

Tesco will build its first fully environmentally friendly store operating with zero-emission in the city of Ramsey UK. The main raw material will be wood and solar panels and geothermal systems will operate the building. That means a 25 percent increase in construction costs.

While the consumer price remains the same, the size of Mars and Snickers chocolates reduced by 7 percent in Great Britain. The company they acknowledged that it was a necessary step, due to a significant decline in sales.

The Pepsi Bottling Group now expects to deliver comparable diluted earnings per share (EPS) of $0.70 to $0.74 in the second quarter. For the full-year, PBG now expects comparable diluted EPS in the range of $2.30 to $2.40, up 10 cents from the company’s previous forecast.