FMCG

Sustainable evolution of the Ukrainian market

Ukrainian consumers’ behaviour is changing to sustainable consumption despite the financial crisis. Without any marketing efforts, Ukrainians are going back to “grandma’s recipes” and village markets or bulk home deliveries for basic fruit and vegetables at prices below supermarkets’ bids.

Pepsi acquires Ukraine’s Sandora

PepsiAmericas Inc. (NYSE: PAS) and Pepsico, Inc. (NYSE: PEP) acquired remaining 20% stake in Sandora LLC for $136.7 million on November 5, 2007. The transaction is not expected to have an impact on PepsiAmericas??™ nor PepsiCo??™s earnings per share for 2007. Following the deal, PepsiAmericas Inc. and Pepsico, Inc. will own 60% and 40% stake [...]