Posts From trademagazin

Tesco to expand beyond the West Coast US

The British retailer is investing up to £250m a year in the next four years on the West Coast.  Tesco is due to open its first U.S. store in three...

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Hungarian POP Icons in Coke Club

In the second season of Coke Club today rockbands sing their icons's (LGT, Neoton Familia, Tankcsapda) songs.In the MTV Icon program bands inspired by the Icon performed some of their...

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Unilever's price increase also in Hungary

A sharp price hike for vegetable oils necessitated a higher-than-average price hike for margarine, ketchup, mayonnaise and ice cream.  Unilever Hungary said it will raise prices by less than 10%...

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Stolichnaya to Be Put up for Sale

Vodka label Stolichnaya is to be put up for sale after Russian company SPI asked Lehman Brothers to find a buyer. French wine and spirits group Pernod Ricard was linked...

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Chocolate-flavoured gum by Trident

Cadbury is using its two biggest businesses – chocolate and gum – to produce a mint gum with a liquid-filled chocolate-flavoured centre that will hit shops in Britain   Cadbury...

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New Swiss Owner by Buitoni Pasta Plant

Nestle's Italian subsidiary has selected Swiss investment group TMT Finance SA to take over its Buitoni dried pasta and crisp bread plant in San Sepolcro.  The plant, which employs 450,...

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French Cheese Firm Bel to Acquisite two Czech companies

The Czech antitrust office UOHS has given the green light for French dairy company Fromageries Bel to buy Jaromericka and J+R. Fromageries Bel will take over 71.34% of shares in...

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Retail Sales Growth Better-Than-Expected in the US

Sales in every merchant category increased in May. Excluding autos, sales rose 1.2%. Sales of electronics increased 0.7% and sales at department stores jumped 1.2%, the most since March 2007....

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Carrefour to rebrand all Champion shops

French supermarket giant will rebrand all 1,021 of its Champion shops as Carrefour by the end of 2009, La Tribune reported.  The company will transform around 150 of the shops...

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Industrial gross output increased in April

The growth was 11.8% compared to April 2007, the index adjusted by working days rose by 6.5%.  The volume of the production was higher by 8.1% in the first four...

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Agricultultural products are expensive

In April 2008 the producer price level of agricultural products was 32.6% higher than in April 2007. The price level of crops and horticultural products increased by 41.9% while that...

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ASDA won Three Tops Prize At Grocer Gold Awards

The British retail company picked up the Best for Service Award and the Best for Availability Award and the also the Best of Business Initiative .  The Grocer Gold Awards...

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Bosch may transfer production to Hungary?

According to Swedish evertiq.com internet site the German based Bosch may transfer production from its plants in France to Hungary or Spain.   The plant that is most threaten is...

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Herendi China Manufacture open a shop in Harrods

The company is present with exclusive shops in Germany and China, but now it opened an elegant unit in London famous mall.  The unit take place on the II. floor...

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Metro Cash&Carry to build three new stores in Bulgaria

Metro Cash&Carry Bulgaria plans to invest 150 million leva within the next three years, company representatives told reporters in Varna, at the opening of the first expanded and modernised store...

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Bulgaria Milk Producers Protest because of Low Prices

Dozens of Bulgarian milk producers rallied in the capital Sofia to press for government guaranteed minimum purchase prices for milk due to increasing animal feed prices.  Farmers in the new...

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Nordzucker to Bid for Danisco Sugar

Germany's second-largest sugar refiner Nordzucker is interested in buying the sugar arm of Danish group Danisco and “has the money to pay whatever it costs,” its CEO told financial daily...

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Giant beer aquisitaion on the horizon

Anheuser-Busch Acknowledges Receipt of Unsolicited Proposal from Inbev Anheuser-Busch Cos. Inc. in value of USD 46.3 billion.  The $65 per share in cash for Anheuser-Busch is 24% higher than the...

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Drogas To Open More Stores in Baltics

In Region Drogas, the largest cosmetics and household goods retailer in Latvia, reportedly plans to open four new stores in Latvia and three new stores in Lithuania.   Local reports...

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Starbucks Teams Up With SSP To Expand In Europe

The world's largest coffee-shop chain, is planning to open more than 150 outlets in airports and train stations across Europe during the next three years via an agreement with UK...

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HUF 8.3 billion sales from energy and sportdrink

According to Nielsen research to sales of segments grow by 60% in value and 70% in volume between Mai 2007-April 2008. The biggest market share have the privat labels energy...

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The first Tchibo Store Outside of the Capital is open in Pécs

In the unit at the Árkád mall in Pécs customers can choose between the best coffeemix from South- America and Africa.  Tchibo is present with the brand in Hungary since...

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Beer Culture Champion Wanted!

Tasting beers, beer show, scenic exhibitions and jazz concerts wait the visitors of Sant Arnold's Beer Festival in Buda Castle on 15th June.  Also famous radiopersonality Levente Harsanyi takes part...

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KiK Textil discount soon in Hungary

The German KiK (Costumer is the king) is now looking for its Hungarian employers. According its plans yearly 300 new stores will be open.  The German company has several stores,...

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Gorenje buys Dutch firm ATAG Europe

Slovenia's top household appliances maker Gorenje announced its biggest ever acquisition with a 130 million euro deal to buy Dutch firm ATAG Europe B.V..   ATAG Europe generates 90 percent...

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Warimpex and Louvre Hotels to build 3 stars hotel in Budapest

The Austrian Warimpex said before, that it will develope 20 hotels in Hungary, first of renovating B category officebuildings.  Warimpex AG and Louvre Hotels have purchased land in Budapest under...

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Factories close, supermarkets empty and jets run out of fuel in Spain

Strike action by thousands of Spanish and Portuguese truckers produced ominous knock-on effects on food supplies, aviation and industry in Spain.   Authorities at Spain's two biggest wholesale markets, Mercamadrid,...

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Food price increase over the average

In May 2008 consumer prices rose by 1.1% compared to the previous month and increased by 7.0% compared to May 2007.  In May 2008 compared to the previous month food...

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Bread price increase by HUF 20-30

According to the Association of Hungarian Bakers the cost of production (loan, energy, fuel etc.) grow so much, that the bakers must to increase their price.  The association said minimum...

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Successful year behind OBI Hungary

In the last business year, ended on 30th April 2008 OBI had HUF 53.7 billion revenue, 16 million visitors in the 21 stores, from them 8.3 millio were customers.  In...

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