According to the Industry Development Fund of the Russian Federation, Torgaktiv LLC plans to start the production of automatic coffee machines in St.Petersburg. The cost of the project is about 400 million rubles ($6.2 million). This project is supposed to let Russian products take about 20-30% of the Russian market. The cost of such coffee machine is expected to be
Tag: HoReCa
Tchibo Confirms Its Leadership in the German HoReCa Segment
According to a recent CoffeeBI analysis on the coffee market in Germany, three companies are ranked at the top for coffee sales in the HoReCa segment: Tchibo (the leader) followed by Alois Dallmayr and JJ Darboven. These three companies together hold 40% of shares in the HoReCa. In Germany currently there are about 130 coffee roasters operating, these being located particularly in North
Starbucks Enters South African Market
In April 2016 Starbucks opened its first coffee shop in Johannesburg, South Africa and thus added the 71st country to its retail chain. It is not the first time the famous coffeehouse chain is trying to conquer Sub Saharan Africa. In 2010, during the FIFA World Cup, Starbucks made a deal with Emperica marketing agency and a hotel chain Tsogo
Israeli Chain to Open 1,000 Cafes in Russia
Cofix, an Israeli coffee shop, bar and supermarket chain, has found partners to start expansion into the Russian market. Satesh Melwany, CEO at Melson Group (developer and food producer), and Mikhail and Grigoriy Pecherskiy, managing partners at ADG Group (developer) have closed the deal that will bring 1000 new coffee shops to Russia. Cumulative share of the partners in Russia
The Korean Chain Caffebene To Face Some Troubles
According to the annual report filed in May, to the South Korea’s Financial Supervisory Service, Caffebene generated $97million revenue in 2015. That’s a loss by far margin when compared to the revenue figure Caffebene generated a year earlier $122.5 million. Even in 2014 the company faced loss of $7.1million. According to the latest quarterly report ending Mar 31, Caffebene generated $15.6 million in sales, down from $23.7 million that the company generated in the same period a year ago [Sign in to continue]
Coffee Machines Expected To Grow In The Indian Market
Previously the coffee demand in Indian market used to be limited to instant coffee and ready ground filter coffee which is now diversifying into more innovative coffee varieties. This in turn is showing, the automatic and semi-automatic machines that are capable of brewing Italian coffee, their way into the Indian market.
As the India Coffee Shops & Cafe Market Forecast & Opportunities report, coffee market and café culture is expected to grow to a one billion Rupee value by 2017, that’s more than 14 million USD. The growth is quite evident as the outlets of various coffee chains can be seen popping up. Among the most popular coffee chains are the Café Coffee Day and Barista. [Sign in to continue]
Starbucks First Sustainability Bond
Starbucks is preparing to invest in sustainable methods to support coffee production in the future, looking towards the investors. It has been reported that it’s the first time Starbucks is issuing $500 million U.S. corporate sustainability bond (Fortune, Bloomberg). The earnings from the sale of ten-year senior notes are expected to be $495.6 million (Fortune) and will fund the Eco-friendly
Dubai and Its Coffee Shops
Dubai is a place with huge sky scrapers, shopping malls, sparkling vehicles, and the most number of five star hotels than anywhere else in the world. But what about a good coffee? Coffee and café culture begun from the Middle East arguably though today Dubai’s coffee shops display a mix of Greek, French to Arabic café cultures with the liveliness of the
Europe Between Traditional and Automatic Espresso Machines
When it comes to espresso machine manufacturing, the industry hasn’t strayed far from its original European roots. The continent continues to house the largest number of manufacturers of professional espresso coffee machines worldwide – by a long shot. Europe is not only the largest manufacturer of espresso machines, but has also found itself as the meeting point of two different
The Key Factors in the Coffee Machine Distribution
One of the main thoughts of a coffee machine manufacturer is the way to find a good distributor. The type of machine supplied and the minimum quantity of coffee requested depends on different factors, according to coffee roasters interviewed. This includes the size of the coffee shop and how much coffee it sells. The potential economic return of a customer