Posts From trademagazin

Douglas Holding net gains 16%

Europe biggest perfumery chain last year sold 1.1 billion euros.  Douglas Holding AG said its full fiscal-year net profit rose to 88.1 mln eur after the company sold its Rene...

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First 5 stars hotel open in Debrecen in March

Besides the standard rooms, few luxury rooms and apartements wait the hotel's guests. The hotel, located in Nagyerdo (Big Forest) of Debrecen has a 800 sqm big wellness division, swimmbath,...

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Danone Eyeing Stake in Keventer's Milk Unit

The French company is seeking a majority stake in the Indian the unit, which has a capacity of three million liters a day.  But the Indian company – which is...

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$1.2B investment in food industry

Blackstone Group and Wellspring Capital Management to pay $34.5 per share of Performance Food. Performance Food said it will be combined with Vistar Corp., a foodservice distributor that Blackstone and...

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Nestle repeats medium term sales growth goal 5-6%

Swiss food group Nestle reiterated a longstanding medium-term goal of 5 to 6 percent annual growth in organic sales.  The world's largest foodmaker also repeated its target of steady annual...

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China's Retail Sales Of Consumer Goods Up 17%

China's retail sales of consumer goods rose 17% to US$1.2 trillion in 2007 from a year ago, compared to a 13.7% increase in 2006.  Meanwhile, official data revealed that prices...

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InBev's financial service center in Hungary

The company got HUF 760 million subsidy from the Ministry of Hungrian Transport and Economy.  InBev said in 2006 to decrease company's employes in West-Europe, to relocate the financial, trading...

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Gerbaud corner, healthy, new bread at UKBA

15th International Trade Fair for Confectionery, Bakery and Gastronomy on 3-5 February 2008 at HUNGEXPO Budapest Fair Center. The nearly 12000 visitors proved that the trade is open for novelties,...

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Metro sold the Extra Retail Chain in Germany

From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops.  The sale of Extra enables Metro to concentrate its food retailing operations solely on...

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Toblerone 100 years succes

An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand.  Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...

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Weak dollar hits Delhaize Group revenue

Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one.  Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...

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Carlsberg's share fell from the mountain

Investors think at 800 pence, the S&N transaction would be to much. Carlsberg A/S, the Danish brewer jointly bidding for Scottish & Newcastle Plc, fell to a 13-month low in...

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Drink Tchibo Coffe – thinking about saving money – special offer in Austria

Erste Bank's „Sparefroh” bundles available at some 60 Tchibo/Eduscho locations in eastern Austria. Erste Bank is forging new paths in the marketing of financial products in Austria. From 11 January...

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Plastic Bag stop in Poland

The Biedronka supermarket chain has announced that it is stopping the usage of plastic bags, and plans to eliminate them from its stores before end-2008. The Polish Environment Ministry approved...

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Carrefour Express is year to year faster in Poland

Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....

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21th OBI store opens in Sopron

The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions,  the offer is wide,  more than 10,000 products assortment are on the shelves....

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The number of guest nights rose in the country side and fall in the capital

According to Central Statistics Office in 2007 the occupancy rate of hotel rooms was 58 percent. The gross room revenue of hotels increased by 2 percent at current prices compared...

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Tesco to ban Uzbek cotton in response to child labour abuses

Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes.  The Environmental Justice Foundation...

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Rounding errors at 1-2 forint coins withdrawal

Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...

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New HR director at SIO-ECKES Ltd.

Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...

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Real wages decreased by 4.7%

Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year.  2 million 765 thousand persons were...

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Marketing director joined to TV2 management

Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...

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From Januar all local business tax breaks and exemptions eliminated

In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications.  Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...

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Only one week to 5th Wine tourism Summit

The visitors of the event on 24th January meet leader of 30-40 Hungarian winery in the House of Hungarian Wines. It is the 5th opportunity for wineries, wine houses and...

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