Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Unilever Buys Out Bulgaria's 2nd Largest Ice Cream Company
UNILEVER BUYS OUT BULGARIA'S 2ND LARGEST ICE CREAM COMPANY
Date: 08/08/2011
Source: novinite.com
Unilever Buys Out Bulgaria's 2nd Largest Ice Cream Company

Unilever Central and Eastern Europe has bought out "Darko", the second largest distributor and producer of ice cream in Bulgaria.

Unilever and the Balkan Accession Fund (BAF), Darko's current owner, announced the deal Monday, without specifying the amount of money the multinational giant will pay BAF for Darko and its brands.

The announcement says that Darko's 80 employees will become part of Unilever's team in Bulgaria. Darko will retain its staff and production for the Bulgarian market.

In 2010, Darko's sales totaled EUR 7 M. Its popular ice cream brands include Eskimo, Casablanca, Weekend, Alaska, Milka. Darko is second on the Bulgarian ice cream market only to Nestle.

"Darko is a valuable asset for us because it has well-known brands and strong positions on the market. We will use the current business activities and global leadership position of Unilever in this field in order to consolidate further our positions in the Balkan region," explained Marc Desefansm who is at the helm of Unilever South Central Europe, the regional company that governs from Bucharest the group's operations in the Balkans.

The press statement on the acquisitions says that the purchase of Darko will enable Unilever to enter Bulgaria's ice cream market.

Darko's owner BAF bought the company in 2007 after it was declared bankrupt in 2006.


Topic:



Featured District
PAZARDJIK DISTRICT AND CITY INFORMATIONPazardjik
Invest Bulgaria Charts
Consumer Price Index of Bulgaria (annual change)
Consumer Price Index of Bulgaria (annual change)

Current Account as Percent of GDP
Current Account as Percent of GDP

See all charts
Did You Know?
Bulgarian Yogurt
Bulgarian Yogurt
The Bulgarian yogurt is extremely popular in Japan ... More

Madara Horseman is an expressive bas-relief from 7th century, carved high out of the sheer rock, and depicting a horseman spearing a lion. It symbolizes greatness of the ruler and the power of his state. Europe's only rock relief dating from the early Middle Ages. Located 20 km from the town of Shoumen, NE Bulgaria.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members