Last year at the Forbes Business Award we received an award for a socially responsible company, mainly because of our efforts to clean up the Struma River, and this year we are in third place in the Green Company of 2024 category. This is linked to our long-standing efforts to work with climate and biodiversity in mind. Reducing our ecological footprint is part of all the decisions we make – for products, production, transport, warehouses. We are far from being a cle...

Bulgarian energy food producer Mellifera renewed its production base in 2023 using the capital raised on the BEAM Growth Market of the Bulgarian Stock Exchange. We have new machines. We made our first export to the UAE, broke ground in Japan and signed a contract in the US, where we will deliver in two months. Said Bilyana Nikolova, founder and executive director of Mellifera, in the program "Business Start". Read more

PepsiCo beat quarterly earnings and revenue estimates. Volume and sales growth were better in most international markets than in its North America segments. In its home market, product recalls and weaker demand from lower-income consumers hurt sales. PepsiCo reported quarterly earnings and revenue that beat analysts’ expectations, despite weaker U.S. demand caused by Quaker Oats recalls and backlash to higher prices for its drinks and sna...

JDE PEET’S, a global coffee and tea company, member of FoodDrink Bulgaria Association, proudly announces a significant expansion of the Kostinbrod Coffee Plant’s operational capacities with a €5 million investment focused on enhancing roasting capacity and packing capability. This strategic move underscores the company's commitment to meet growing consumer demand and ushering efficiency, resilience, and innovation. With a focus on enhancing production cap...

If you want to manage in a way to engage the team, to make them like-minded, this implies far more leadership, shared values, shared vision, ambitions and personal example, says Petar Stoilov, Nestlé Bulgaria executive director This year had hard start for the cocoa market - its price jumped due to shortages. According to analyses, the reason for the lower harvest is climate change. How does the company plan to adapt to them? The price of cocoa rose by 60% in 2023,...