Having returned to pre-recession rates, the fruit/vegetable juice category is set to maintain its current strong growth trend - as long as p...
PepsiCo's deal for Wimm-Bill-Dann will see the group leapfrog its old foe The Coca-Cola Co in Russia's juice market....
The Coca-Cola Co is reported to have tabled a bid to purchase a stake in Russian juice producer Nidan Juice. What is drawing the US drinks giant to this market and what can it expect from its investment there? just-drinks draws from the latest report from Euromonitor International to deliver you just-the-facts.
Under the stewardship of chairman and CEO, Indra Nooyi, PepsiCo has so far been able to shrug off the rising costs and economic slowdown that has taken the shine off many beverage and food companies.
PepsiCo returned to the headlines last month, when it announced its plans to buy a major stake in Russian juice company Lebedyansky. The transaction, for a 75% stake in the company – which accounts for 30% of the country’s juice market - marked a clear statement of intent for the company in the emerging markets of the world. In the second part of this month’s just-drinks interview, PepsiCo International’s chairman and CEO, Mike White, tells Olly Wehring of the company’s approach in the developing markets, and considers the effect of the current economic climate on the soft drinks giant.
PepsiCo is aiming to become the largest beverage company in Russia and its recent acquisition of a majority stake in the juice company, JSC Lebedyansky, represents an important step towards achieving this aim. In this month’s two-part just-drinks interview, Olly Wehring spoke with Mike White, chairman and CEO of PepsiCo International, about the company’s plans for Russia.
Here's a look at what was happening on this day in...
Here's a look at what was happening on this day in...
PepsiCo has confirmed it is to shut one of its fruit juice plants in Russia.
According to a report in the New York Post yesterday (16 November), PepsiCo is working on two major acquisitions, in addition to examining the possibility of a business split.
Nestle is reportedly interested in buying Russian juice and baby food producer Progress.
PepsiCo has said it will place more emphasis on producing products backed by science as it announces plans to create a nutrition business unit to develop new products in a series of drinks categories.
PepsiCo has declined to comment on a report that its Russian juice subsidiary, Lebedyanksy, dropped into the red in 2009.
The Pepsi Bottling Group (PBG) has said it continues to make progress with the Lebedyansky juice business in Russia, despite a decline in the category last year.
Falling costs and investments in innovation have helped PepsiCo today (8 October) reported a solid profit performance in its third quarter of 2009, despite a dip in revenues.
Pepsi Bottling Group has reported an uplift in consumer demand for soft drinks across Europe and Mexico in the third quarter, but conditions in the US are likely to remain challenging.
Russian food and beverage group Wimm-Bill-Dann has posted a jump in second-quarter earnings, although a weak rouble weighed on half-year profits.
PepsiCo and its bottling affiliate, Pepsi Bottling Group (PBG), is to invest US$1bn in Russia over the next three years.
PepsiCo has posted a slight dip in profits in its first quarter, with net sales in the period following suit.
Russian juice producer Lebedyanksy may borrow up to RUB10bn (US$364m) from its main stakeholder PepsiCo in a bid to help it finance current operations.
PepsiCo has submitted a bid to acquire the remaining 25% of leading Russian juice firm Lebedyansky.
PepsiCo and its main bottling arm have said they have completed a deal to buy 75% of leading Russian juice firm Lebedyansky.
PepsiCo has been given the green light to go ahead with its acquisition of Lebedyansky in Russia
Minority shareholders in Russia's OAO Lebedyansky have voted to sell its juice business to US soft drinks giant PepsiCo, the newspaper Kommersant reported today (17 June).
JSC Lebedyansky has posted a net loss in its first quarter, compared to a healthy profit in the same period a year earlier.
Moscow police are looking for the murderers of the Russian Juice Producers Union’s president, who was beaten to death by masked attackers last weekend, according to local reports.
PepsiCo and The Pepsi Bottling Group have agreed to jointly acquire a majority stake in Russia’s leading branded juice company JSC Lebedyansky.
Lebedyansky has posted a slip in net income for the first nine months of this year.
Lebedyansky has had its share coverage lowered, despite the release of a healthy set of first half figures earlier this week.
Lebedyansky has posted a healthy lift in its first half figures.
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