Starbucks exits Russia after 15 years
Bakery launches Jubilee cheesecake
FRITSCH introduces third-generation ROLLFIX

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Starbucks exits Russia after 15 years

Starbucks is closing its 130 licensed cafés in Russia after 15 years, the coffee giant announced. Its licensee Alshaya Group operates these shops, Reuters reported.

AAK reports all-time high operating profit

AAK Group’s operating profit increased by 21%, reaching SEK 664 million EUR 63.4 million). Its food ingredients business recorded an operating profit increase of 18%.