The Bel - visit site - Bel Group
The Bel - visit site - Bel Group
The Bel - visit site - Bel Group
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<strong>Bel</strong> Foodservice<br />
<strong>Bel</strong> Foodservice operates two<br />
businesses in Europe, including<br />
a catering activity aimed at the<br />
institutional and commercial<br />
catering segments, and the P.A.I.<br />
(intermediary food products)<br />
business, which sells <strong>Bel</strong> cheese<br />
brands to Europe’s food industry<br />
and fast food chains.<br />
In 2011, nutritional initiatives<br />
were furthered in the catering<br />
sector, with the launch of a new<br />
<strong>The</strong> Laughing Cow ® recipe with 19.5%<br />
less fat content, the introduction of<br />
vitamin D-enriched versions of the<br />
Cantadou ® and Cantafrais ® brands,<br />
and even the launch of a newsletter<br />
aimed at dieticians in France.<br />
As for new products, three new<br />
references were added to the<br />
Boursin ® ingredient range.<br />
P.A.I.’s partners continued to show<br />
their interest in <strong>Bel</strong>’s brands as a<br />
way to set themselves apart from<br />
the competition and to create value.<br />
This was illustrated by the year’s<br />
product launches, which included<br />
ready-meal maker Fleury Michon ® ’s<br />
Boursin ® and <strong>The</strong> Laughing Cow ®<br />
lunchboxes, fast-food chain Quick ® ’s<br />
Cheesy au Boursin ® and McDonald’s ®<br />
burger with Maredsous ® cheese.<br />
After several tough<br />
years in Eastern<br />
Europe, efforts to<br />
streamline production and<br />
adapt product ranges to<br />
national markets began to bear<br />
fruit, with the region reporting<br />
double-digit sales volume<br />
growth in 2011. Well anchored<br />
national brands such as Shotska ®<br />
in Ukraine and Karicka ® in<br />
Slovakia performed very well,<br />
but the growth of <strong>Bel</strong>’s core<br />
brands — a priority for <strong>Bel</strong> in<br />
Eastern European markets —<br />
was even more spectacular.<br />
<strong>The</strong> event of the year in<br />
the region was the launch of<br />
<strong>The</strong> Laughing Cow ® in Ukraine,<br />
with strong market penetration.<br />
<strong>The</strong> <strong>Group</strong> also began<br />
successfully marketing Kiri ® and<br />
<strong>The</strong> Laughing Cow ® in Rumania<br />
with very encouraging results.<br />
But because weak purchasing<br />
power in these markets often<br />
makes it impossible to fully<br />
pass on higher cost prices to<br />
consumers, great care must<br />
be taken to ensure tight cost<br />
controls, while maintaining<br />
product quality.<br />
EASTERN EUROPE<br />
”<strong>The</strong> core brands<br />
remain the priority,<br />
in particular<br />
<strong>The</strong> Laughing Cow ® .”<br />
Bruno Schoch,<br />
Deputy General Manager<br />
In 2011, national brands, which<br />
benefit from a recognition base<br />
that can be further developed,<br />
were strengthened, notably the<br />
Gervais range of fresh cheeses<br />
in the Czech Republic.<br />
However, the priority remains<br />
the <strong>Group</strong>’s core brands,<br />
particularly <strong>The</strong> Laughing Cow ®<br />
in Ukraine to build on its<br />
successful launch, and<br />
Leerdammer ® in the Czech<br />
Republic and Slovakia, where<br />
the brand matches up well<br />
with consumer tastes and<br />
is growing. This strategy will<br />
be continued in 2012.<br />
€103<br />
million in sales<br />
in 2011<br />
<strong>Bel</strong> <strong>Group</strong> 2011 • 9