Bella Bulgaria, Beiersdorf Bulgaria, Danone Serdica, Kamenitza, Coca-Cola Bulgaria, Globul, Kraft Foods Bulgaria, Mobiltel, Nestle Bulgaria, United Bulgarian Bank and Heineken/Zagorka are among the founders of the Bulgarian Advertisers Association (BAA) announced on Mon. The main goal of the organisation will be to improve the efficiency of ad spending and to introduce and develop standards for responsible and ethical communication with the consumers. It will also facilitate the exchange of good practices and to protect the interests of both the advertisers and the consumers, said BAA.
Source: Dnevnik (19.02.2008)

Kraft Foods Bulgaria JSC - Svoge has appointed Annual general meeting on 05.06.2008. Meeting agenda includes: adoption of the Annual Report for Year 2007, amendments in the statute, changes within the management bodies.
Source: Registry Agency (21.04.2008)

Kraft Foods Bulgaria, the local unit of the international food and beverage company, has spent EUR 800,000 to install a cooling and aroma conservation equipment at its plant in Kostenets in southern Bulgaria, the company said. The investment is aimed at stepping up the company’s foreign presence from Romania to Ukraine, Serbia, Macedonia, Croatia and Slovenia. Kraft Foods Bulgaria confirmed its long-term strategic interests in Bulgaria saying it hailed the government’s decision to scrap excise duties on coffee as of 2008 because it would bolster the market.
Source: Dnevnik (14.10.2008)

One of the largest food producers in the world Kraft Foods has decided to shut down its manufacturing operations in Romania, and to relocate part of them to Bulgaria, Mediafax reported as quoted by the Pari Daily. The Kraft Foods factory in the city of Brasov, which will be shut down in 2009, employs 440 workers. The Kraft Foods corporate manager in Romania Doina Kavake is quoted as saying that the shutting down of the company's operations in the country had nothing to do with the current global financial crisis. In her words, the company sales in Romania had increased and Kraft Foods needed to expand its production. However, the potential of the facilities in Brasov was too limited. The sacked workers will receive compensation, and the company is going to hire a special agency to assist them in finding new jobs.
Source: Darik Radio (12.11.2008)

Kraft Foods shuts down Romanian plant International food and beverage company Kraft Foods will close down its chocolate factory in the Romanian city of Brasov and channel some operations to Bulgaria, Mediafax reported. The decision was prompted not by the ongoing financial crisis but by ballooning demand the factory cannot meet due to small size restricted by the downtown location, said Doina Cavache, corporate manager of Kraft Foods Romania. An agency will be hired to help the plant’s 440 workers find new jobs.
Source: Dnevnik (13.11.2008)