Russia

Carlsberg Warns Price Hikes May Hit Beer Sales In 2023

Danish brewer Carlsberg warned on Tuesday 7 February that a possible slowdown of beer consumption in Europe because of increased prices could dent profit g...

Restaurant Chain Cava Confidentially Files For US IPO

Cava Group Inc said on Monday 6 February the restaurant chain had confidentially filed with the Securities and Exchange Commission to go public in the Unit...

Pizza Company DP Eurasia FY Sales Jump 77%

DP Eurasia, which runs the Domino's Pizza brand in Turkey and Russia, has said it continued to consider its presence in Russia after delivering a jump in f...

Fever-Tree Updates 2023 Profit Forecast

Fever-Tree warned its 2023 profit would fall short of market expectations as the British tonic maker struggles with rising costs of glass bottles, ingredie...

Russia's Aeroflot Sees Passenger Numbers Down 11% In 2022

Russia's Aeroflot said on Thursday 26 January it carried 40.7 million passengers in 2022, an 11% fall on its 2021 passenger numbers, as the United States a...

Former McDonald's Restaurants Reopen Without Branding In Kazakhstan

Several restaurants which used to operate under the McDonald's brand in Kazakhstan reopened on Monday 23 January with no branding to serve fast food under...

KFC Franchisees In Russia Ask Government To Halt Sale Of Stores To Local Operator - RIA

A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restaurant business to the local operator, the RIA news...

Mixed Emotions As McDonald's Leaves Kazakhstan

Workers removed the branding from McDonald's outlets in Kazakhstan's biggest city, Almaty, on Friday 6 January after the fast food giant's local business a...