Ice-Fili (АЙС-θИЛИ) You cannot defeat a nation that enjoys ice cream at minus 40 Celsius. — Winston Churchill To survive in Russia’s ice cream industry during the 11 years since the collapse of the former Soviet Union was no small feat (see Exhibits 1 and 2). To be successful in these turbulent times was nothing short of amazing to industry observers. In 2002‚ Ice-Fili‚ a midsized Russian company with more than $25 million in sales‚ was Russia’s top ice cream producer. Surprisingly‚ it had
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company was privatised and rechristened “Ice Fili”. Anatoliy Shamanov‚ an expert in the technical processes essential in the frozen food industry‚ joined the company in 1968. After six years of service he decided to further his expertise serving in a variety of other roles elsewhere in the frozen foods industry. He later retuned as CEO in 1988 and was inspirational in leading the company through the vast changes that ensued. Ice Fili are Russia’s top ice cream producer so one could forgive Shamanov
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ICE CREAM IN AUSTRALIA 24 Dec 2014 HEADLINES Ice cream grows by 3% in value terms in 2014 and marginally slips in volume terms Two consecutive hot summers revives ice cream Frozen yoghurt records the fastest current value growth of 12% in 2014 Unit prices of ice cream rise from A$7.02/kg in 2013 up to A$7.29/kg in 2014 Unilever Australia Ltd retains its leadership with 31% value share in 2014 Ice cream is expected to continue its strong growth with a value CAGR of 2% at constant 2014 prices over
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Ever since I was a little kid I loved to go fishing. It was a time for me and my father to bond. It was also a time to relax and clear my mind of everything else. I have been fishing since I was six years old‚ and every since the first time I threw in my line I loved it. I have gained much knowledge in the sport from my father‚ who is a lifetime fisherman also. I have developed into a good fisherman‚ and learned many things over my fishing career. One of the things I have learned was to bait my hook
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Ever since I was young fishing has been a very easy thing for me to do‚ off the dock I could spend all day catching sunfish and perch. Nowadays it seems like no matter what lake I go to‚ or what lure I use‚ I always catch fish. Lately I have been trying new ways to catch fish instead of my typical routine‚ which was starting to get boring and rather easy. Earlier this year I was driving around at my cabin and I saw a river that looked very good for fishing so I decided to go down it the next;
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I would like to tell you a few words about Sweden Ice Hotel. Have you ever admired the northern lights from the seat of a snowmobile or behind a dog-sled? I suppose no one would have refused this experience. So you can get such unforgettable emotions with the Ice Hotel. Situated in Jukkasjarvi‚ in the heart of magical Swedish Lapland‚ it is surrounded by tranquil forests‚ pristine snow-covered fells and frozen lake - a true winter wonderland. Moreover‚ there are only 200 km north of the Arctic
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The Reel Passion I love fishing. Everything about the hobby is just amazing. I still to this day remember my first fishing voyage‚ it was with my grandpa. I was probably five or six at the time and I was so excited to finally go. My grandpa literally went fishing everyday of the week and knew everything there is to know when it comes to the sport. All the way to tying hooks onto line‚ picking the right lure and color for the pond or lake we were at‚ and every technique there is to make sure you
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Ice-Fili Analysis Table of Contents I- Introduction 2 II- Analysis 3 1- External Analysis 3 i) Porter’s 5 Force 3 ii) Key Success Factors 4 2- Internal Analysis 5 i) Value Chain Analysis 5 ii) Financial Analysis 6 III- Decision Opinions with Evaluation 6 IV- Recommendation and Implementation 8 1- Short Term Activities 8 2- Long Term Activities 9 V- Exhibits 10 i) Exhibit A: Financial Ratio Analysis and Calculations 10 ii) Exhibit B: Decision Matrix 11 Introduction First time
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How attractive is the Russian ice cream market? How is it likely to evolve? Market attractiveness refer to all the characteristics that contribute to the success of organizations within the market. Profitability is one and Exhibit 9 suggests profit margins for retailers and distributors are about 30% - 50%‚ and producers’ is about 15%. This is high in the Russian food industry where‚ the profitability in the confectionary industry was only 6% - 8%. The russian ice cream industry had about 300 companies
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ICE FILI CASE 1) Is Russia’s ice cream industry attractive? Yes‚ it is. Russia is one of the largest nations in the world and‚ as such‚ holds promising market share potential due to its sheer size in geographic‚ demographic and economic terms. Russians love ice cream‚ even in the subzero winter climate. Despite decreased market share due to recent increased consumption of beer‚ soda and confectionary products; the Russian ice cream industry is attractive due to its lower entry barriers
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