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Cocoa-farming communities face immense challenges, from rural poverty and increasing climate risks to a lack of access to financial services and basic infrastructure, such as water, health care and education. These factors can lead to social issues, including the prevalence of child labor risk on family farms. By helping families close the gap to living income, the program aims to tackle child labor risks and deforestation. The program is an important compo...

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1. What are your expectations for 2024, for your business and for the Bulgarian economy?   1. As a market leader in its sector, Devin develops the mineral and spring water categories and actively introduces consumers to the benefits of proper hydration and types of water. This is how we fulfill our purpose of connecting people and nature for a healthier life – today and in the future. Research shows that Bulgarians are increasingly interested not only in what...

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Importers of coffee to the European Union are starting to scale back purchases from small farmers in Africa and beyond as they prepare for a landmark EU law that will ban the sale of goods linked to the destruction of forests, a cause of climate change. Industry sources said the cost and difficulty of complying with the EU Deforestation Regulation (EUDR), which comes into force late in 2024, meant it was already having unintended impacts that could in time reshape globa...

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Mars, Inc., one of the largest food manufacturers in the world, whose portfolio includes brands such as M&M's, Snickers, Twix, Orbit, Whiskas and Pedigree, continues to develop its sustainable business plan for a better world. What are the trends that affect the markets in which the company operates and how to achieve economic growth without compromising on sustainable practices, Predrag Milincic, Director of Mars, Inc. for the Balkans, explains. He has many years of...

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At the end of 2023, we traditionally look to the new year through managers' forecasts. For the third year in a row, we check our watches with the business leaders. We asked them three questions: 1. What are your expectations for 2024, for your business and for the Bulgarian economy?   2. What is the focus for the sustainable development of your company in 2024?   3. What is the change that will have a serious impact on your business in 2024? DA...

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