Posts From trademagazin

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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Hungarian companies pay to late

Among the researched contries in Hungary is the biggest different between the planned and real payment.  Atradius made this research at 1200 companyies from SMEs to giants in Austria, Hungary,...

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SABMiller to acquire a Russian brewer

Vladpivo, the largest brewer in the Russian far east Primorie region and has an annual capacity of 1 million hectolitres. The value of the gross assets to be acquired is...

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Procter & Gamble Target Russia for Acquisitions and Growth

No specific acquisition targets so far. The company has received a lot of support from the country's government in doing its business. Procter & Gamble has declared its intention to...

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NESPRESSO Expansion in Hungary

From June consumer can buy Nespresso's mashines not only in the special shop on Andrássy street, but in several Saturn and Media Markt unit too. The sales started in 9...

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Tesco's sales grow by 13.7%

UK's biggest retailer reported that sales growth had slowed over the past three months, particularly in big-ticket items such as furniture, as customers tighten their belts.  With UK like-for-like sales...

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POP-Rafinanz Group to be on international expansion

Since 2007 Rafinanz is the only East-European member of Airport Promotion Agencies.  Last year the company has a total revenue HUF 2.5 billion, so it must be reorganize. A new...

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Lidl to open in US by 2012

Lidl plans 1,000 new stores in Germany, to enter U.S. market by 2012 German discount retailer Lidl is planning to open up a further 1,000 stores in Germany, meaning that...

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New packiging for Kométa products

This year Kométa, one of Hungary's biggest meat producers begins a strong marketing communication campagne.  After a big market research and planning periode all Kométa products will get a new...

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New company on indoor market

Infirio Kft. operates big digital screens on high prestige HoReCa places in the capital and in several other cities in the country.   From summer almost 200 screen can be...

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IKEA salutes New York

The world’s leading home furnishings retailer developes a specifically-tailored advertising campaign to promote the June 18 grand opening of IKEA Brooklyn.  The 346,000-square-foot IKEA Brooklyn will be the fourth IKEA...

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Hungary is the seventh most popular investment target in Europe

Only Poland has a better position in the region, as shown in the survey by the professional services firm Ernst & Young, made on a sample of over 800 executives....

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Food safety control starts soon

Before the inspection the Hungarian Food Safety Authority gives out information bulletins about how to evade the food poisoning.  In the near next week begins the summer clean-up by specialist...

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Grouped ax at Pápai Hús

It is possible that the new owner of the company don't need so many employees.  According to the liquidator Vectigalis, the company Papai Hus meets with the factory board and...

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Surplus at Hungarian trade balance

Over the course of January–April 2008, the value of exports was HUF 6,394 billion, while that of imports totalled up to HUF 6,309 billion, according to preliminary results.   The...

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The export of manufacturing continued to grow

According to quarterly calculations gross domestic product of Hungary increased by 1.7% in the first quarter of 2008, and by 0.9% when adjusted for calendar effects.  The economic growth of...

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Agrana to develope at Balkan region

The company ensured through a refinery joint venture in Brcko | Bosnia with Studen Group.  AGRANA, a leading Central and Eastern European producer of sugar and starch, has acquired, subject...

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Bye-bye Greengrocers

The Daily Telegraph reports that nearly 3,000 greengrocers have closed in the past decade in UK.   The newspaper said that shoppers have been left considerably worse off, with the...

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X5 want to finance its develope by bonds

Russia's largest food retailer by revenue, plans to issue two bonds worth a combined 16 billion roubles ($672 million).The source said the company had not yet defined the timeframe of...

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Wal-Mart Stores Inc sees exploring opportunities in Russia

The world's largest retailer, currently operates in 13 markets outside of the continental United States, including Japan and China. It also has established a joint venture in India.   Wal-Mart...

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Stricter Conditions on the Merger of Discount Stores Plus and Netto

Decreased ownership, 370 stores to sell, not a joint purchasing – this are the most important conditions by German Cartel Office for giving green line on 20 June.   It...

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Products from Andalucia and Valencia in Cora

Costumers in all Cora stores from Budakalász to Szolnok can taste the Spanish foods between 5-22 June.   It is the 4th Spanish Week in Cora. This year Andalucia and...

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Dairy farmers won, retailers increase prices

German dairy farmers say they have ended a 10-day strike protesting low milk prices.  Milk federation union chairman Romuald Schaber said Thursday, "We dairy farmers are finally being met at...

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Eurozone Retail Sales Report Surprise Fall In April

Retail sales in the 15-country eurozone fell unexpectedly in April, the third straight month of lower sales. Data from the Eurostat data agency showed that retail sales fell 2.9% year-on-year...

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Beerfriendly happening with Arany Aszok

The beer brand Arany Ászok is one of the main sponsors of Sziget 2008 Festival. The beer factory organises several programs and a grandious surpire for beer friends.   Also...

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Rain of medals in Mai for Törley

The Törley products won several medals at quality international wine competitions.  In Mai achievements of four international wine competitions were published. At Decanter World Wine Awards Törley won 2 bronze...

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Small stores closed also in Austria

Last year more than 1,000 small shops finished their work in Austria, the number of small retail units fell to 52,690. According to the Austrian Federal Chamber of Commerce (WKO)...

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Improving Expectations in May

In May the seasonally adjusted Economic Sentiment Index of GKI-that have been published since 1996-increased explicitly from the lows of April that have never been seen before.  The survey of...

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New CEE director at Bonduelle

From 1th June Miklos Ostermayer is the CEE regional director at Bonduelle, he is the first Hungarian specialist who has such high position at the French company.   Mr. Ostermayer...

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