the particularly harsh winter in the U.S. European sales declined 1.3% largely on negative influences in Russia and Eastern Europe , which may not recover until some of the political tension in the region settles. A double-digit decline in Japan also
retail as a strategic growth driver, we note that management has announced plans to scale back openings, particularly in Eastern Europe . In addition to requiring additional invested capital, we've often highlighted that retail store investments increase
* Says to focus on projects in Russia, sell assets in Eastern Europe (Adds detail, quotes)
30% of revenue was generated in Western and Northern Europe, 24% in North America, 25% in Asia-Pacific, 10% in Eastern Europe and Central Asia, and 8% in Africa/Mediterranean Basin. The biggest risk is weak demand for building materials. Because
was negatively impacted by the pull-forward of purchases during the first quarter due to the mild winter weather. In Eastern Europe -Central Asia, while volume significantly grew for both cement and aggregates, revenue declined 3% and operating EBITDA
July 30 (Reuters) - Consumer credit lender International Personal Finance reported an 11 percent rise in first-half profit as it lent more in Poland and Lithuania during the period.
allow that emerging European economies could boost this segment's organic growth rate as fast-growing municipalities in Eastern Europe continue to comply with EU waste standards, but we don't incorporate much upside at this point. We forecast a growth
in the company's acetate tow business, as declines in North American cigarette usage are offset by gains in China and Eastern Europe . For the Solutia business, we expect gains above global GDP growth, driven mainly by the company's exposure to the
MILAN, July 28 (Reuters) - Italian insurer Generali will complete the buyout of GPH, an eastern European joint venture it holds with Czech group PPF, by purchasing the 24 percent stake it does not yet own for 1.235 billion euros as planned, it said on Monday.
MILAN, July 28 (Reuters) - Italian insurer Generali will increase its stake in GPH, an eastern European joint venture it holds with Czech group PPF, to 100 percent for 1.235 billion euros as planned, it said on Monday.