The Carlsberg Group will receive a cash consideration as well as Baltika Breweries’ shareholdings in Carlsberg Azerbaijan and Carlsberg Kazakhstan The Carlsberg Group has agreed to a sale of its shares in Baltika Breweries. As part of the agreement, Baltika Breweries will transfer all its shareholdings in Carlsberg Azerbaijan and[Read More…]
Tag: Kazakhstan
Carlsberg to become PepsiCo bottler in Kazakhstan and Kyrgyzstan
Carlsberg plans to invest more than EUR 100 million in building a new production facility for soft drinks in Kazakhstan, more than doubling the overall business The Carlsberg Group (Carlsberg) and PepsiCo, Inc. (PepsiCo) are expanding their strategic partnership with a new agreement under which Carlsberg will become the PepsiCo[Read More…]
Qatar’s Al Baladi Group announces global expansion of Go Crispy and Tea Time
The expansion will cover 27 countries, starting with Azerbaijan, Kazakhstan, Russia, the United Kingdom, and several European nations Al Baladi Holding Group, a distinguished Qatari company announces a strategic partnership with Azerbaijan’s Green Capital Management Investment Group, marking a significant milestone in its global expansion strategy. This collaboration aims to launch over 400 new branches of[Read More…]
PepsiCo to build snack production plant in Kazakhstan
With $160 million in secured private foreign investments, the plant is expected to have an initial production capacity of up to 16,000 tonnes of snacks per year, increasing to 21,000 tonnes by 2027 PepsiCo has announced its plans to build the largest salty snack production plant in Central Asia, to[Read More…]
Sidel opens new office in Kazakhstan expands presence in Central Asia
The strategic decision aims to bring Sidel’s expertise closer to its customers and best support its growth in the region Sidel, a leading provider of equipment, services and complete line solutions for packaging liquids, foods, and home, and personal care products, established a new office in Almaty, Kazakhstan. The strategic[Read More…]
Uzbekistan’s fruit and vegetable exports rise in early 2024
During the first months of 2024, Uzbekistan’s fruit and vegetable exports reached 115,500 tonnes, marking a 1.9-fold increase and highlighting the country’s growing role in the global agricultural export market Uzbekistan has witnessed a significant surge in its fruit and vegetable exports, with 251,200 tons exported in just two months,[Read More…]
Turkish Coca-Cola to acquire Coca-Cola Bangladesh Beverages
The acquisition will involve CCI acquiring all CCBB shares at a net value of $130 million, or over Tk 1,400 crore Turkish beverage company Coca-Cola Icecek (CCI) has recently signed an agreement to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million. CCBB is one of the two Coca-Cola bottlers[Read More…]
EcoBalance, KazBeef and rTek launch climate smart beef pilot program
The 10-year pilot project is expected to demonstrate the world’s first carbon-inset beef supply chain EcoBalance Global, a US-based leader in carbon storage projects, Kazbeef, a subsidiary of Yerkin Tatishev’s Kusto Group and rTek, a Rakurs Consulting Group company, have partnered to launch the first-ever pilot ranch outside the United States that[Read More…]
Kusto Group plans expansion of Wendy’s franchise in Central Asia
Under the new plans, Kusto aims to open and operate 55 outlets across Uzbekistan and Kazakhstan by 2030 New plans for the expansion of the Wendy’s franchise in Central Asia have been set out today by the industrial holding company Kusto Group. Under the new plans, Kusto aims to open and operate 55 outlets across Uzbekistan and Kazakhstan by 2030, and will also[Read More…]
Activity to promote Chinese Baijiu cultural exchanges held in Kazakhstan
As the first stop of the Baijiu maker’s promotion tour in Central Asia this year, the activity achieved complete success, marking Fenjiu’s latest attempt to actively promote the internationalisation of the Fenjiu brand An activity designed to promote China’s Baijiu culture exchanges was held recently in Kazakhstan’s capital city Astana, introducing China’s reputed Baijiu brand Fenjiu to people in Kazakhstan.[Read More…]
