Posts From trademagazin

Romanian Altex revises estimated turnover down by 30m euros

The largest electronics and home appliances retailer on the local market, has downwardly revised its estimates for this year's turnover to 400 million euros, after, at the beginning of 2008,...

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France Ends 12-Year Ban on Red Bull

Energy drink Red Bull appeared in its original recipe in France's shops for the first time on Tuesday, implementing European regulations. The drink had been banned in France for twelve...

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Parmalat Shares Hit Record Low

Shares in Italy's Parmalat slumped to their lowest level since the dairy group's 2005 restructuring, after the company cut its 2008 outlook for sales and core profit due to a...

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GfK Hungary is a Business Superbrand

According to the jurey GfK Hungary represents quality and trustiness in the business life. The essential components that define a Business Superbrand – quality, reliability and distinction – help make...

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HUF 1 million Award from Tchibo

Costumers of Tchibo products could take part in a winner game with buying Tchibo products in Tesco hypermarkets.  Products showed on a yellow wall brought lucky for many people, most...

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II.Pilsner Urquell – HoReCa Regatta

The compatition on 26th July in Balatonlelle is sponsored by Dreher Brewery, patroned by Hotel Association of Hungary and the Hungarian Hospitality Association.  It is the second season of the...

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Tip in the annual tax return

According the Hungarian Tax Authority employes in the domestic catering service got HUF 1 billion tip in 2007.   This year almost 4,000 waiters avowed average HUF 24,000/month tip thinking...

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Low Marketing Budget at Hungarian Firms

Altough the role of the marketing is year to year more important in companies' life, but it isn't traceable in the companies' decision structure or in financial protection of the...

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Record Low Shows DATAWATCH ZEW

The ZEW index dropped to -63.9 in July from -52.4 in June, declining for the fourth month in succession and setting a new record low for the series.   The...

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In May 2008, the industrial gross output increased by 4.7%

The volume of the production was higher by 6.9% in the first five months of 2008 than in the same period of the previous year.  The volume of industrial production...

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Retail ventures are stain on liquidity

According to Coface Hungary the number of proceeding because of insolvency grow by 13% in the first half of 2008 in Hungary.  The most insolvency proceedings, starting this year, stem...

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EasyHotel to develop 10 outlets with Eclipse

The budget hotel chain has signed a £60m franchise agreement with Eclipse to develop 10 hotels across the UK in the next four years.  The deal with Eclipse, which already...

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Watermelon Protest Against Auchan

Suppliers from Békés and Jászság region covered 21 truck of watermelon in front of warehouse, the half of the parkplaces are laced by the fruit.  The growers protest against Auchan's...

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Czech Bochemie to buy EVM

Bochemie is the market leader by producer of disinfectants, cleaning products in Czech Republik and Slovakia. With the acqusition company get the well known Hungarian brands as Bip, Ultra and...

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TriestEspresso Expo

The event between the 13th and the 15th of November 2008 is the Number 1 biennial B2B exhibition in the theme of the espresso coffee trade industry.   Trieste will...

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Levi's Profits Fall

US jeans maker Levi Strauss posted a 98 per cent drop in quarterly net profit. The company cited weak consumer spending in major global markets, including the United States.  ...

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Happy Anheuser-Busch InBev

InBev NV agreed to buy Anheuser- Busch Cos. in a $52 billion transaction that will make the Belgian company the top brewer.   The $70-a-share purchase announced today will give...

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Penta to acquire Pápai Hús

The Slovak firm was the only company to submit a bid for Pápai Hús, whose published asking price is Ft 5 billion. The liquidator Vectigalis has begun negotiations with Slovak...

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Fresh Potato in Chio Chips' Sachets

Contrary to last two years shutdown because of missing raw materials, this year the Hungary's only potato chips plant works in all season.  In 2006 and 2007 the Chio Hungary's...

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Henkel official partner of Expo Zaragoza

Participation in Expo 2008 underlines commitment of the company to protecting water resources.  The doors of the world exhibition in Zaragoza, northern Spain, remain open until September 14, 2008. Henkel...

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The financial crisis is confirmed in Europe and is spreading

Coface has reduced Spain, Estonia, Latvia and placed Portugal, Denmark, South-Africa and Vietnam under negative watch.   In Europe, the financial crisis is dragging Spain down, which is pulling Portugal...

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Hungrana to Process Yearly One Million Tons of Corn

Based on the start-up of the new production capacities, Hungrana now operates as Europe's largest producer for corn starch and isoglucose.   Total investments in the project amounted to approximately...

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Light enjoy by Milli

Friesland Hungária focuses on healt by developing new products, now here comes the light version of the popular Milli Yoghurts, the Milla Mia.   Companies bring day to day bring...

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MOL-Marché Restaurant near to Budapest

The 3th common restaurant was open at Wienne side of the M1 motorway, at 22th kilometers.   At the end of August 2007, Marché International and MOL signed a Memorandum...

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New Tesco Store in Dabas

Almost 160 people work at the 3,000 sqm big unit, laying at the high street Nr. 5. closer to Budapest.  It is Tesco's 79th store in Hungary, the unit is...

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Malaysian fish is not safe

EU temporarily bans Malaysian fish imports for failing to meet its standards.   A Malaysian fisheries department official said the decision was made after EU veterinary and food officials conducted...

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Almost 7% inflation in the first HY

In June 2008 consumer prices rose by 0.1% compared to the previous month and increased by 6.7% compared to June 2007.  In June 2008 compared to the previous month food...

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Starbucks to Enter Bulgarian Market by End of 2008

In 2007 the Starbucks Europe, Middle East and Africa division recently extended its joint venture agreement with the Marinopoulos Group to open stores in Bulgaria. According to the Greek newspaper...

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Record Dividend Payment by Zwack Unicum

The company pays a 110% dividend against the nominal value of its common and redeemable liquidation preference shares, i.e. the gross amount of the dividend for a share of with...

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