PepsiCo will cut back on the use of virgin plastic and expand its SodaStream carbonated-water business to more markets amid growing calls to combat climate change, although some environmental groups want the company to do more. As part of a new initiative called "pep+", the food and beverage giant said on Wednesday it was aiming to reduce virgin plastic use per serving by half across all brands by 2030 and use 50% recycled content in all its plastic packagin...

Mondelez Bulgaria is the winner of the leading awards for the best employer Career Show Awards 2021 in the FMCG category. A prestigious jury praised the company's achievements among over 340 applications. "We are extremely happy that the jury gave its highest appraisal for the policies and activities we have and implement as a company. Key to Mondelez's culture and success is the belief that sharing common values, recognizing differences and their inclusion, t...

Summary: The sector is performing well on average, but is excellent for oil producers. Food and drinks companies suffer from closed restaurants and a weak summer season. For this year, the forecasts are for recovery and growth. Food, as expected, proved to be resilient to the Covid-19 crisis. Last year, the sector was among the few  in which average revenues grew, albeit weakly. The growth of the 30 largest  companies in the ranking is by 3.19%.&...

A part of Bulgaria reaches 34 countries in the world with each KitKat® chocolate dessert that came out of the Nestle factory in Sofia. It is one of the five centers of the world leader for food and beverages for the production of KitKat® chocolate bars for the region of Europe, the Middle East and North Africa. Every year Nestle Bulgaria buys over 2,500 tons of Bulgarian flour on an annual basis, which are used in production. Thus, waffle crusts made in Bulgaria, whic...

- Ms. Stoyanova, you are a successful manager of two companies from completely different industries - before Henkel, now Prestige. How do you manage to stay ahead of time in so many different businesses? What is more important for a successful manager - his qualities as a leader or knowledge of the sector? - What I do does not depend on the industry or the country in which I work. I owe every success to the people on my team. My mission has always been to grow the business...