FAGE Dairy announces Greek exit as financial crisis deepens

By Mark Astley

11-Oct-2012 Last updated on 18-Mar-2017 at 11:19 GMT

Greek dairy giant FAGE has announced that it is transferring its headquarters from Athens to Luxembourg – a move that some consider an attempt to reduce its exposure to the Greek financial crisis.

Danone records sales growth despite European demand deterioration

27-Jul-2012

Danone has warned of continued “rapid deteriation” in consumer demand in Southern Europe, despite reporting global sales growth of 5.9% for H1 2012.

Danone issues profit warning over Spanish dairy consumption collapse

19-Jun-2012

French dairy giant Danone has issued a profit warning for 2012 – reducing its operating margin target to account for the collapse of dairy product consumption in Spain and other Southern European markets.

Danone and Chobani lead ‘two horse’ US Greek yogurt race - analyst

08-Jun-2012

Danone and Chobani have taken a clear lead in what has become a “two horse race” to dominate the US Greek yogurt market, Wall Street analysts have claimed.