Posts From trademagazin

Unisys Hungary – one year doubled staff

The Hungarian arm of the Unisys Corporation, a worldwide information technology (IT) services and solutions company, is to nearly double its staff at its services centre in Budapest.   Unisys...

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Holiday cheques: good to get, good to recive

The popularity of Holiday Cheques is on the increase since HUF 18.5 billion worth of Cheques have been sold in the first six months of 2007, compared to HUF 14...

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Danone to buy Numico

French food group Danone has offered to buy Dutch baby food manufacturer Numico with a surprise bid of more than 12 billion euros. Numico is the world's second largest manufacturer...

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New directors at HPS

After 16 years FMCG experience arrived Miklos Ostermayer at HPS Group. The new director of sales divison starts with a fresh outsourcing leader called Tamas Korody.   In his new...

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Hungarians increasingly opt for domestic products

Over the recent years, Hungarians have been increasingly buying domestic products because they realised this helps domestic companies and Hungarian goods are generally of good value.  A recent survey by...

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Drugs outside of pharmacy, not only at gas station, but in hypermarkets too

From July the customer can buy OTC medicines at two Tesco stores.   The retail chain's two hypermarkets, in Budaörs and in the XX. District, started to sell OTC drugs....

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Activities in the black economy generated more than HUF 4,000 billion income

Last years Hungarian GDP was HUF 23,560 billion, from this 17-18 % could be generated in the black economy. Hungary is to step up tax rigour in a bid to...

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InBev sells off Belgian and Dutch assets

Brewing combine InBev has announced that it is selling certain retail estate assets in the Netherlands and Belgium to Belgian property group Cofinimmo.   The brewer said it had entered...

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HUF 10 million penalty for Drogerie Markt

Two of DM campagne could deceive customer said GVH, Hungarian Competition Authority. After Rossmann's stickler the German-owned drugstore chain Drogerie Markt have to play fine, because of its „Quality for...

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A coloring could cause cancer

A food additive found in some sausages and burgers could trigger cancer, food safety specialists have warned.   The European Food Safety Authority (EFSA) panel on food additives and flavourings...

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Eckes-Granini acquires Brämhults

German-based fruit beverages company Eckes-Granini Group has acquired the Swedish premium fruit juice producer Brämhults Juice AB from from Mellby Gård Industri AB. The deal, which was completed on 1...

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The world of Smirnoff to the palm of the consumer trough mobilephone

Drinks giant Diageo has launched an innovative mobile internet marketing initiative for the Smirnoff brand in the UK.   Through the pioneering mobile service, which is available via the mobile...

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Winter invasion, for the second time

Conducted for the first time last year under the name Budapest Winter Invasion (BWI), the campaign, which attracted a unique pool of 70 participating service providers, generated 25,000 extra guest...

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New Hungarian real estate tax to come in 2009, not 2008

Hungary will introduce the new real estate tax, which will combine four property-related local taxes and one central tax, from 2009, Minister of Economic Affairs, János Kóka said. Earlier this...

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PepsiCo offer for Danone

Last summer, there was constant speculation that the US company was preparing a bid for Danone, french politicians were disgusted.  Pepsico Inc is mulling a takeover for Groupe Danone, French...

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Rexam to buy Russian beverage can maker

As part of its bid to expand operations into emerging markets Rexam said it has agreed to buy a Russian beverage can maker for €218m. Rexam, the world's leading beverage...

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Instead marmale honey is comming

Sales of honey rose 14 per cent between 2004 and 2006 while marmalade sales dropped 10 per cent, according to a new study in the UK. The report by Mintel...

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Invest in automation

Suppliers and manufacturers alike should investigate and invest in automation production lines, according to a new report. The study was carried out by the University of Lincoln in association with...

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Finland-based Fazer Group has taken a majority stake in Russian bakery OAO Volzhky Pekar

The company hopes the purchase will double the bakery's turnover in five years.   Fazer Russia is currently making a large investment at the Volzhky Pekar's bakery in Moscow, with the aim...

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First Iberalta Hotel to build in Budapest

The company's first investment, in value HUF 75 billion, will be a hotel in 8th district of the Hungarian Capital.  The Iberalta –Group International tourism & hotel advicers corporation through...

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Atrium Center Satu Mare, Romania

The British Dawnay, Day has recently acquired 2.7 hectares of land in Satu Mare in order to build a shopping centre. The investment will amount to approximately €61 million according...

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Most of city restaurants diped

In Ten of 12 restaurants the inspectors disclosed grave defects.  The workmates of Consumer Protection Agency found food beyond garantee, meat without correct labels and runnig up of prices. The...

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Trade marked Hungarian Poultry at Spar supermarkets

Because of higher feeding cost, the prices of poultry and poultry products growth wit 6-8 % in autum. The Hungarian Poultry Product Board and Spar signed an agreement, that the...

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White list for meat processing workers

Clitraviand and EFFAT suggest to build out an Independent certifacte organisation for workers in european meat processing industry. The white list would help the mobility of workers inside of european...

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New VAT at 2010

The European Commission is calling for simplification and rationalisation of value added tax (VAT) within the EU.   Tax commissioner Laszlo Kovacs  said a new framework for reduced rates is...

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Nestle opens milk powder factory in China

Swiss food giant Nestle said it formally opened a milk powder factory in Erguna, in China's Inner Mongolia region.The company said the plant, Nestle's 21st in China, was in an...

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1.1 million international and 1.3 million domestic guest

The public accommodation establishments registered by 3 percent more tourism nights in comparison with the data of the same period of the previous year. The gross income of public accommodation...

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Nestle completes takeover in France and Spain

The world's biggest food and beverage company Nestle won conditional approval from the European Union to buy the nutrition business of pharmaceutical giant Novartis.   The European Commission said the...

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Grain production to increase

The rapid growth of the world's biofuel industry is likely to keep farm commodity prices at high levels in the next decade as it will boost demand for grains, oilseeds...

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Chinese quality supervisors have a lot of work

China said one-fifth of its consumer products don't meet government safety and quality standards. China, the world's biggest exporter of consumer products, faces pressure to improve safety standards as its...

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