Diageo – owner of Smirnoff, Guinness, Captain Morgan and other brands – reports that its global sales fell 6% in the first quater of the financial year 2009/2010. However, the company reiterated its forecast for “low single digit” organic growth in operating profit. Digeo continues to implement the restructuring programme that aims to deliver £120 million

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Diageo’s sales go down
A television commercial for Danone’s probiotic yogurt drink Actimel has been banned in UK by the Advertising Standards Authority (ASA). The ad was claiming that Actimel protects children from illnesses. Accodring to ASA representatives, this commercial was “misleading”.

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Actimel TV commercial is banned in UK
The international food company Kraft Foods invests $50 million in the new biscuit factory in Russia. The new facility located in the town of Sobinka in the Vladimir region will employ 600 people. They will be making biscuits Bolshevik and Yubileynoe and also cakes Prichuda
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Kraft Foods to open a new biscuit factory in Russia