Market News
Danone plans £3bn investment in Turkey
18.11.2008French bottled water and dairy producer, Groupe Danone SA, is planning a $3bn investment in southeastern Turkey, Milliyet newspaper reported. Turkey has recently signed an agreement with a foreign company that will invest $3bn in...
Merger of tobacco giants approved
10.11.200803 Nov 2008. Hongyun Group and Honghe Group have obtained approval by the State Tobacco Monopoly Administration to merge. The new company named Hongyun Honghe Tobacco Group is to be operational on 8 November. The company, with...
NORDENIA Strengthens Market Position in Russia
27.10.2008With investments of EUR 25 million into its Russian plant, NORDENIA INTERNATIONAL AG is strengthening its position as the leading manufacturer of flexible packaging in Russia. The goal is to further expand the excellent position...
Graphic warnings do not affect smokers
24.10.200820 Oct 2008. The recently introduced graphic health warnings do not affect the number of smokers, nor cigarette sales, a study by the Central Agency for Public Mobilization and Statistics revealed. The study also found that more...
Nordenia looks to strengthen market leadership in Russia
20.10.2008The globally operating film and packaging company is investing around EUR€25 million (US$33.9 million) into its Russian plant Release Date: Freitag, 17. Oktober 2008 Nordenia International AG is strengthening its position as one...