Posts From trademagazin

New Cafeteria Card by OTP

The multifunction card can be used by several fringe benefits. The OTP group started with OTP cafeteria Card on 1th December 2008. This special card can be used trough POS...

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Tesco Sales slowling

Tesco PLC reported its worst U.K. sales performance since the 1990s and slashed its capital-expenditure plans in an effort to preserve cash, as the economic downturn continued to hit retailers...

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Angry retailers

According to the Hungarian Trade Association, the Agricultural Ministry wants to make retailers pay dear because of the lack of competitive strength of domestic agriculture production. Last week the ministry...

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Price of industry jumped

According to Hungarian Central Statistic Office the domestic sales prices of industry rose by 1.2% in October 2008 compared to the previous month and were 13.2% higher than in October...

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Investments in manufacturing were down

In the third quarter of 2008 the volume of investments in the national economy– on the basis of preliminary data – decreased by 2.3% compared to the same period of...

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Arab investors build luxury hotel, spa in Veszprém

The investors from Saudi Arabia and Dubai want to complete the project in two to two-and-a-half years.  A group of Arab investors plan to spend billions of forints to build...

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INKU is bankrupt

According to report in Hungarian daily Nepszabadsag, on an Austrian provincial court on Tuesday officially started the bankruptcy proceeding against INKU – also in the Hungary interested furnishings store chain....

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Latin America Grows in Popularity as Trade Partner

According to a 2008 survey by the Economist Intelligence Unit, undertaken on behalf of Atradius, the leading global credit insurer, the countries of Latin America continue to be attractive markets...

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Hungarian eat less Christmas sweets

According to GfK survey last year the market of Chirstmas chocolates and candless decreased, also the number of consumer and the bought volume pro person was less. Hungarians bought 10%...

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Costa Coffee presedes Starbucks in Budapest

The Italian-started, UK-based coffee chain is to open its first two cafés in December. The company, via Lapker Zrt. that sealed a franchise deal with Costa Coffee, will in the...

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Palinka feast at Kossuth square

December's first weekend is a celebration of Hungarian Palinkas. The feast started on 5th December at the ministry of Agriculture, where people can taste several kind of Hungarian orign spirits....

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Cadbury closed its Budapest Office

The company makes a new distribution system, from 1th February 2009 one distributor will responsible for all Cadbury products sold in Hungary. Last years Cadbury invested huge money for promoting...

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Supermarkets against the plastic bag in Britain

Britain's biggest supermarkets say they are on course to reduce by half their use of plastic bags by Easter.  Tesco, Asda, Sainsbury's and Waitrose are making progress in cutting the...

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Morakert plans franchise shops

The non-profit based Morakert wants to focus on its core business, to admit, proceed, package and sale the fresh vegetables and fruits from the farmers.  Morakert was founded in 1996,...

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Retail Sales Expected To Grow Over Christmas Despite October Drop

The German retail association, HDE, has said it expects Christmas sales to grow by 1% year-on-year, despite news that sales fell in October due to lower consumer spending.  Citing a...

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New Praktiker stores in Bekescsaba and Szekesfehervar

The Bekescsaba unit is the 18th of the chain, but also the warehouse in Szekesfehervar will be open before Christmas. The smallest unit in Bekescsaba has 4200 sqm retail area...

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10. Buy Nothing Day in Budapest

Some two dozen environmental activists marched down Budapest's pedestrian Vaci Street, pushing shopping carts to mark the annually held Buy Nothing Day on Friday.  Each year there are more goods...

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Money for e-commerce developing from the government

Only Hungarian SMEs and micro entrepreneurs can take part in the tender, also commerce chambels and interest group organs are welcome. There are several tenders in progress in Hungary that...

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Hungary second on tops list of CEE shoplifters

A new study conducted by the British Centre for Retail Research revealed that Czechs top the list of Central and Eastern Europe’s biggest shoplifters.  Published Nov. 12, the 80-page report...

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European Food-chain Parliament

Members come from all segment of food sector from farmers to processors, retailers, quality controllers, consumer protection organisations etc.  The Central Agriculture Office Food and Feed Safety Directorate (CAOFFSD) organized...

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Expectations hit historical bottom again

After the historical bottom recorded in October the value of GKI’s economic sentiment index adjusted for seasonal effects fell further in November.  According to the survey conducted by GKI Economic...

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Satisfied clients on Signexpo-Digitalexpo

The exhibitors of the event said several business were made, all want to come back on the next fair in 2010.  The common exhibition of Signeypo and Digitalexpo had almost...

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Shopfront competition in Hungary

The Hungarian Trade Association is looking for the most innovative and beutiful Christmas shop-window, tenders can be sent until 21 December.  The assocition wants to call attention to values of...

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Kaufland tests self-service payment in Germany

As reported by Lebensmittel Zeitung, one Kaufland store in Leipzig has been equipped with 12 self-payment machines.  The customers can decide if they want to pay at one from 24...

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METRO boss recommends lowering of VAT

According to reports in Financial Times Deutschland, the Chief Executive of Metro Group, Eckhard Cordes, has said that VAT should be lowered to support the German economy.  According to Cordes,...

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Electro World stores in Slovakia

In its interim financial statement, DSG announced that it has opened its first two stores in Slovakia.  The company was already present in the country under its e-commerce division, Pixmania....

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Germans save on luxury goods

Germans have changed their consumption trends, because of the financial crisis they buy less organic foods, sweets and alcohol.  Only every tenth households said it save on the quality of...

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Auchan continouses developing in Hungary

According to business daily Vilaggazdasag retailer opens hypermarket in Pecs in 2010.  Auchan spent HUF 7 billion on developing its retailer park and a hypermarket there. It will be open...

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Award for McDonald's logistic manager

Gyula Jozsef Hir was awarded for „Logistic Manager of the year 2008”, Ferenc Horvath won „Supply Manager of the year 2008” titel.  The prizes were given on the yearly conference...

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Kométa spyes and give presents

In the newest retailer action of the Kometa, company's secret visitors control the selling of „Every day delicious” products.  In frame of the 6 weeks action, starting in November, the...

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