French food and beverage giant Danone has named Dimitar Ivanov as the new CEO of its Bulgarian subsidiary, Danone Serdika, as of May 1, 2025. Ivanov succeeds former CEO Lyubomir Spasov, who has run the company for the last three years and will now head Danone’s operations in Romania, the company said in a press release. Dimitar Ivanov has over 15 years of experience in the fast-moving consumer goods sector in large international companies, including the last...

Over the past 10 years, Ficosota has invested over 255 million leva, because we believe that sustainable growth is built with long-term investments and the courage to think ahead, said the manager and owner of Ficosota Food, Krasen Kyurkchiev, in an interview with BTA. The company recently received an award in the "Investor of the Year" competition in the "Sustainable Business" category.  In order to be competitive on the global market, investments...

Laurent Freixe, Nestlé CEO commented: "In an environment of heightened macroeconomic and consumer uncertainty, Nestlé delivered organic sales growth of 2.8%, with RIG of 0.7% and pricing of 2.1%. Growth was broad-based across markets and categories, with improving market share trends across many businesses, particularly our billionaire brands. We have made further progress in delivering our strategy. Our ‘Fuel for Growth&rs...

Fragile food systems under pressure from climate change Growing population exacerbates the strain on food systems Mismatch between youths’ skills and skills employers are looking for UNESCO and Nestlé empower youth to find sustainable solutions One hundred teams of young social impact innovators will receive grants to develop relevant skills and solutions that enhance the resilience and sustainability of food systems with a focus on regenerativ...

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