Posts From trademagazin

Financial crisis and smoking ban kill the English pubs

Pub beer sales in the UK have sunk to their lowest level since the 1930s. Beer sales in pubs fell 10.6% between April and June compared to the same quarter...

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Victory of local tastes in the US

In an American research 82 percent of all customers told loud and clear, locally grown produce tastes better.   One of the biggest brand names in food this summer doesn’t...

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More Turists from Abroad, Hungarian Spent Less Time on Holiday

In January-June 2008 the total number of international and domestic tourism nights nearly stagnated in public accommodation establishments, while the revenue of these grew by 2% at current prices.  ...

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Germans plan Kinder egg ban

German politicians plan to ban the Kinder Surprise chocolate eggs, on the grounds that they are a safety hazard.  The children's committee of the German parliament, which is responsible for...

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Strong organic growth at Henkel

Henkel AG & Co. said second-quarter profit declined 84 percent on costs for job cuts and lowered its full-year earnings forecast because of rising raw-materials expenses.  Revenue rose 11 percent...

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Russian Frozen Bakery Products Sector to Grow Dynamic

The market for frozen bread in Russia, which is currently estimated at USD 600 million, has the potential to grow 25-30% per year.  The market is fast-growing, indeed, for the...

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Jede Acquires Kaffeknappen

Swedish coffee company Kaffeknappen has been fully acquired by office coffee services provider Jede AB, owned by Nestle. Jede has owned a 25% stake in the firm since September 2005...

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Hungarians drink less roast coffee between January-Mai 2008

Since many years the market growth comes from 3 in 1 segment.   According to GfK Hungária research company 8% less roast coffee was sold in the first 5 months...

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5 Stars Hotel From Former Farmers' Holiday Place

Hotel Divinus Conference and Selfness officially opened on 31 July with a huge celebration. The first luxury hotel, developing costs HUF 4 billion, in Debrecen offers 150 rooms, 29 apartments,...

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Soho Hotel opens soon

Everything is ready for the opening of Budapest's latest 4-star boutique hotel. Soho Hotel, located in Dohány Street (7th district), has 68 rooms and 6 suites, a restaurant, lobby bar...

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Sony moved LCD producing to Nitra

An investment project with a total value of 240.66 mil. € is under preparation at the Nitra-Sever industrial park. According to the Environmental Impact Assessment, the Japanese building company, Takenaka...

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Procter & Gamble Co. announced net sales growth of 10%

Net earnings were up 33 percent for the quarter to $3.0 billion and 17 percent for the fiscal year to $12.1 billion. Diluted net earnings per share increased 37 percent...

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Metro to sell Adler stores

Metro AG. said its Adler fashion stores unit that it has put up for sale will close up to 20 loss-making stores in Germany and Austria by end-2009 and will...

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Good by $1 value menu?

Due to rising food ingredient prices, McDonald's may have to change some items on its $1 value menu.  The international burger chain may have to adjust some of the ingredients...

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Best Buy plans aggressive roll-out in UK

Best Buy, the largest specialty retailer of consumer electronics in the United States and Canada is to push ahead with a more aggressive roll-out of stores with some 200 stores...

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Increase slow down by external trade

According to KSH (Central Statistic Office of Hungary) in May 2008 the exports were up by 2, the imports by 4 percent as compared to the same month in the...

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Industrial gross output is indisposed

According to preliminary data in June 2008 the industrial gross output decreased by 0,3% compared to June 2007, the index adjusted by working days was equal to the non-adjusted one....

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Siemens may sell stake in European venture with Fujitsu

German electronics giant Siemens AG may sell its stake in a European computer joint venture with Fujitsu Ltd. The most likely scenario is for Fujitsu to buy Siemens stake and...

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Heavy crop from Hungarian Honey

Yearly 25,000 tons of honey are produced in value of HUF 12 billion in the country. The domestic consumption is almost 5,000 tons. The suppliers price are between HUF 430-580....

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New Trade Marketing Manager at SIÓ-ECkes

The SIÓ-ECKES sales and trade marketing group has a new member, Krisztina Gurály, from 14 July. The specialist worked several years at FMCG companies' sales and trade marketing group, also...

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The most body lotion are sold in drogeries

The domestic market of body lotion grow in volume by 8% in value by 7% between June 2007 – 2008.  Retail sale body lotion yearly in value of HUF 7...

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Felicitatations from fans on 100 sqm by Soproni

Since two months signatures and felicitations of fans were collected on Soproni's evening to protect the Hungarian waterpolo team in Peking.  The flag is 14mx7m big. Since Mai fans and...

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Südzucker Interested in Ebro Puleva's Sugar Operations

According to press information German sugar producing company Südzucker is said to be considering Ebro Puleva's sugar division as a potential takeover target.  German Nordzucker and French Tereos have both...

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California AG Says Settles Potato Chip Lawsuit

California settled lawsuits against four potato chip and french fry makers after the companies agreed to reduce the levels of a cancer-causing chemical in their product.  H.J. Heinz, Frito-Lay, Lance...

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Next year Cocoa Prices to Rise Again

According to specialist the global cocoa market is set to remain in deficit for at least two more seasons and the average price should rise in 2009. With supply-side risks...

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Metro Cash&Carry H1 Sales Top E800m in Romania

Metro has 23 Cash&Carry stores and 16 Real,-Hypermarket units in Romania. Metro Group's Cash&Carry division has reported that sales in Romania rose to over E800m in the first-half. No comparative...

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Budapest Winter Invasion to continue

The last campaign, which attracted a unique pool of 88 participating service providers, generated 50,000 extra guest nights for Budapest. The hotels that participated in the successful endeavor opted to...

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The forint is very strong

The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that this year both the internal and external equilibrium improve significantly and the Hungarian economy gets...

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School begins with Tesco

30% of company's yearly stationery sales is realized in August-September. Tesco offers privat labels stationery in its 80 hyper- and supermarkets.Tesco sell more than 1,000 commodities, not only sationery but...

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Ukraine Sees 2008 Sugar Beet Crop 18 pct Down

Ukraine's sugar beet crop is likely to decline to a maximum of 14 million tonnes this year from 17 million in 2007, a top agriculture official was quoted. According to...

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