Posts From trademagazin
Almost 7% inflation in the first HY
Date: 2008-07-14 00:00:00
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
Date: 2008-07-14 00:00:00
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
Date: 2008-07-14 00:00:00
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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German Anti-Cartel Office Fines Cosmetic Firms
Date: 2008-07-14 00:00:00
Germany's Federal Cartel Office has fined the German units of nine cosmetics companies including Chanel and L'Oréal a total of almost 10 million euros for sharing strategic information. Individual fines...
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Simplified EU Rules for Authorising Food Additives
Date: 2008-07-11 00:00:00
The European Parliament has adopted a legislative package that will see products containing any of six artificial colours labelled with a health warning. The decision to put a warning on...
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EU Working Group of Ministers about GMO
Date: 2008-07-11 00:00:00
Paris has announced the creation of a “group of friends of the presidency” to consider the EU's GMO authorisation process, which it wants to take better account of “local specificities”...
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Carrefour's shares fell to lowest
Date: 2008-07-11 00:00:00
Europe's biggest retailer's second-quarter sales growth slowed on weaker spending at its French superstores. Sales rose only 6 percent to 23.7 billion euros. Carrefour has a 10 percent increase...
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Agrana warns about EBIT plunge
Date: 2008-07-11 00:00:00
Reasons for unfavourable developments in the markets for Agrana's products are the persistent volatility in raw materials and the powerful rise in energy prices, all of which squeeze profit margins....
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Delhaize eyes east Europe retailers
Date: 2008-07-11 00:00:00
According to Dutch newspaper, Het Financieele Dagblad, the company is looking for aqusiton in the region. Chief executive Pierre-Olivier Beckers told the paper: "We are in no rush and...
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Marriott International's Worldwide REVPAR rose 5.6%, but profit decreased
Date: 2008-07-11 00:00:00
Outside North America, company-operated comparable REVPAR increased 15.5 percent with double-digit growth in South and Central America, the Middle East and several markets in Asia. Marriott International, Inc. reported income...
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Heineken Plans To Restate S&N Accounts
Date: 2008-07-10 00:00:00
Dutch brewer plans to restate accounts for its newly acquired Scottish & Newcastle (S&N). "We are assessing the assets we have bought and we are putting them in light of...
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Construction goes on at Baglioni Hotel Rácz
Date: 2008-07-10 00:00:00
After six months of delay caused by new construction plans construction of the Baglioni Rácz Hotel has restarted. Some minor changes in the architectural plan have been executed and the...
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Massive investments in logistics on the Romanian market
Date: 2008-07-10 00:00:00
Food retailers are expanding warehousing space and networks, overall investments worth above 50m euros on the logistics segment for this year alone. Kaufland and Plus invested a total of 55m...
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Top Five Luxury Brands
Date: 2008-07-10 00:00:00
According to Forbes list these brands not only deliver fat revenues and profit margins, they also attract loyal consumers. The new fans come from Brazil, China, Russia and India. ...
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Hungary consumer confidence improves in Q2
Date: 2008-07-10 00:00:00
Although consumer confidence in Hungary rose in the Q2 of 2008, households Purchasing Propensity Index shows a decreasing tendency and reached its second lowest value since 2002, a survey by...
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Hungarian R&D companies have better business environment as before
Date: 2008-07-10 00:00:00
The in 2005 legislated innovation act helps to bring academic researches near to the practice. The spin-off and start-up firms are day to day more dynamic. JEREMIE starts this...
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LG Display Q2 net profit surges
Date: 2008-07-10 00:00:00
South Korea's LG Display Co Ltd's reported a $738.3 million net profit in the second quarter to June 30. The figure is close to the company's record quarterly profit...
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5% revenue increase at Pepsi Bottling Group
Date: 2008-07-10 00:00:00
PBG reported second quarter 2008 revenue of $3.5 billion, a five percent increase over prior year, net income was $174 million. PBG reported net revenue per case growth of eight...
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Netto/Plus Deal Referred To Local Regulator
Date: 2008-07-09 00:00:00
The European Commission has referred Rewe's bid to buy the Czech Plus discount chain to the Czech Competition Authority. The EC said it was passing the case as the...
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Lidl – soon in Romania
Date: 2008-07-09 00:00:00
The company is looking for locations to open its first stores in Romania, it is building a 45,000-square metre logistic centre on the outskirts of Bucharest. Schwarz Group-owned Lidl has...
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Pringles Are Not Potato Chips
Date: 2008-07-09 00:00:00
Pringles, Procter & Gamble Co.'s salty snack stacked in a tube, are not potato chips, a London judge ruled today in a tax dispute. Pringles don't fulfill the legal definition...
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Hungary is in Late with Arrangements against Salmonella
Date: 2008-07-09 00:00:00
EU would give money, in the next four years , for decreasing the Salmonella infection in Hungarian poultry from nowadays' 60% to 1%. Only 2-3 from chickens 400 normal Salmonella...
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American Express Settle for $1.8 Billion
Date: 2008-07-09 00:00:00
American Express sued larger competitors MasterCard and Visa Inc. in November 2004 after the U.S. Supreme Court ruled they violated antitrust laws by preventing member banks from offering rival cards....
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Nestle Sells 25% Stake Of Alcon To Novartis
Date: 2008-07-09 00:00:00
The deal was worth $10.4bn in cash, about $200m less than the figure stated in April when the transaction was first revealed. Novartis said the lower amount reflects a dividend...
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Unspent EU farm aid to go to Africa
Date: 2008-07-09 00:00:00
The World Bank has estimated that about 6 billion euros is needed in short-term aid to help poor countries face the global food and fuel price crisis. "The EU...
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British vaste food yearly in value of 10 billion pounds
Date: 2008-07-09 00:00:00
In 2008 an average British family spends 9% of household's income for food, it was 16% in 1984. A Cabinet Office report, Recipe for Success, showed 4.1 million tons of...
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Exports and imports levels are higher by 7 percent
Date: 2008-07-09 00:00:00
According to first estimates of Central Statistic Office in May 2008,, exports amounted to HUF 1,513 billion, while the value of imports reached HUF 1,504 billion. The Euro value of...
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Zwack Manufaktúra House at VOLT Festival
Date: 2008-07-08 00:00:00
The most popular drinks were the limited edition of Kosher apricot with honey and peach palinkas – designed direct for the event. 77,000 people arrived to Sopron to hear...
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New F&B director at Birdland Resort
Date: 2008-07-08 00:00:00
Tibor Mészaros is liable for increasing quality at Resort's catering services in frame of a reorganization program. The famous specialist leads from now 3 restaurants, 5 bars, 2 kitchen and...
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New Marketing Director at Borsodi
Date: 2008-07-08 00:00:00
András Szirbek believes the real brands give not only added value but it functions as a cohesion power for the companies and pulsates in every unit and process of the...
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