Summary Sunflower oil producers were the first to feel the rising global prices. On average, the revenues of the top 30 companies in the sector grew by an unprecedented 24%, and profits - by 30%. War, inflation, high energy prices make 2022 nervous for factories.   Food and beverage manufacturers had a satisfying year: the revenues of the 30 largest companies in the sector rose by almost 24% to BGN 6.7 billion. The boom is strongest at oil factories, bu...

The PET bottles are not waste. The plastic bottle made of PET (PET – Polyethylene Terephthalate) has a lot of potential after its initial use. The reputation of this material as one of the most used plastic packaging materials in the world is due to its operational qualities and the possibility of being completely  recycled multiple times. The bottle-to-bottle recycling means more sustainable packaging. To be sure that a package is made of PET, it is enough to look...

PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company. Energy drinks are one of the fastest-growing nonalcoholic beverage categories. In the first quarter, Celsius’ U.S. revenue soared 217% to $123.5 million as demand for its energy drinks exploded. PepsiCo announced a $550 million investment in energy drink maker Celsius Holdings as part...

Organic growth reached 8.1%, with real internal growth (RIG) of 1.7% and pricing of 6.5%. Growth was broad-based across most geographies and categories, with increased pricing and resilient RIG. Total reported sales increased by 9.2% to CHF 45.6 billion (6M-2021: CHF 41.8 billion). Net acquisitions had a positive impact of 1.0%. Foreign exchange increased sales by 0.1%. The underlying trading operating profit (UTOP) margin was 16.9%, decreasi...

- Mr. Petrov, what is the profile of an ideal employee for Coca-Cola HBC Bulgaria? - I don't think we have an ideal employee profile, even when talking about a specific position. At Coca-Cola HBC, we believe that diversity in the workplace is the foundation of continuous growth and innovation, and it comes from people with different profiles, capabilities, knowledge, and experience working together, sharing ideas, and turning them into innovative projects with big impa...