Company and Personal News

Food price increase in Hungary only under inflation

Demand for cheaper food will grow, it could increase the market share of retail branded products, according to AgrárMonitor, a quarterly report on Hungarian agriculture, issued by Agrár Európa Kft....

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New website for Kométa

The new site accommodates iteself to company's design, image and packaging changes. Also a recipe compatition helps to populize the redesign website.  Beside the old columns, from now there is...

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Tesco is to roll out a new “pay day” discount strategy

UK supermarket giant will launch a raft of offers targeting shoppers at the time they have the most cash in the bank, at the end of the month. This strategy...

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POS Media Europe is expanding into Turkey

As of February 2009 POS Media Turkey has entered into an exclusive partnership contract with the second biggest retail chain CarrefourSA.  POS Media Turkey was officially established in August 2008...

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New Sole ProBalance drink yoghurts with prebiotic

Sole ProBalance Milk+Fruit+Yoghurt, new developing by Sole-Mizo, will be popular among health-conscious consumers.  Basis of the healthy nutrition is milk consumption. SOLE ProBalance Milk +Fruit + Yoghurt is offered for...

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Enviga – functional drink novelty by Coca-Cola

European debut of Coca-Cola's and Nestle's new, green tee based energy drink Enviga. Enviga is a Nestea carbonated canned green-tea drink being jointly marketed by the Coca-Cola Company and Nestle...

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Gallicoop choose PR Agency

B&D ComMedia Communication Office has to reinforce the press present of the 20 years old company and its brands.  Gallicoop is market leader at Hungarian poultry market. One of its...

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Two new Italian fashion brands in Budapest

According to Világgazdaság's (business daily) Gruppo Coin opens its first Hungarian unit in Palazzo Dorottya. It is company's first store outside Italy.  Company's other brand OVS Industry also opens a...

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No more melamin poisened milk drink on Cora shelves

Further a costumer brought the Chinese Milk Drink traded by Cora to the food safety authority in Szeged. The level of melamin was doubled as enabled in the product.  According...

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LLP Budapest install Microsoft Dynamics NAV at Nivelco

Nivelco asked LLP Budapest to implement Microsoft's enterprise resource planning software in its Hungarian and foreign subsidiaries.  Nivelco process control company is one of the most rapidly developing, manufacturing and...

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Sales of Nespresso products grew 30 percent in 2008

Nespresso is now the fastest growing among the most important brands at the company, annual reveneue past its goal of 2 billion Swiss francs two years ahead of schedule.  The...

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DIM store in Hungary

France's leader underwear constructor DIM Paris opened its first store in Hungary in Arena Plaza Budapest. There are several premium category brands in Arena Plaza, also DIM Paris fitt to...

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Monarchia Winery expands under new brand name

The new Nimród Kovács Winery offers only premium category wines.  Owner Nimród Kovács, former Monarchia Winery has continued to release ever more excellent wines of consistently high quality. The owner...

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Spar (Austria) reports 10% rise in group sales for 2008

SPAR (Austria) sales for 2008 grow to EUR10.88 billion from EUR9.89 billion in 2007, also including revenue generated through SES (SPAR European Shopping Centres).  SPAR(Austria)'s sales without SES were up...

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PepsiCo developed Snacks for Women

PepsiCo Inc. is aiming a new snack at women looking for a low-calorie, healthier alternative. Smartfood popcorn clusters were introduced as the company's first snack targeted specifically at women.  The...

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Pernod Ricard To Launch More Products

Drinks major Pernod Ricard plans to introduce mango-flavored Absolut, a Brazilian rum by Seagram's and a premium gin brand called Beefeater 24.  Seagram’s Rum will be launched only in the...

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Rewe Group expands in Ukraine

Starting this year, company plan to open around 10 new stores each year, predominantly in towns with over a million inhabitants.  Rewe Group has outlined its expansion strategy for Ukraine....

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Starbucks opens ‘green’ roasting plant

Starbucks Shared Planet programme targets LEED certification for all new company-operated outlets by the end of 2010.  Starbucks has opened a new roasting plant in South Carolina that meets high...

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Nimm2 by Storck arrived in Hungary

From February 2009 also Hungarian sweet-toothed can enjoy Storck's sweet candies.  From its 1962 starts, nimm2 is Germany's most well-known candy, which isfulled with orange and lemon flavours and 9...

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Food donation from Raiffeisen Bank

The bank's „Jointly” program gives food for 9 créche, in three places the donation arrives in frame of a small event.  The bank collected more than HUF 10 million from...

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HP turns to services as hardware sales falter

HP said Wednesday that its profit dropped 13 percent in the latest quarter, dragged down by weakness in all major business lines except services.  Sales ticked up just 1 percent...

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Nestle Warns Of Lower Sales in 2009

Food giant Nestle has said its sales growth in 2009 is likely to come in at the low end of its target range, as the economic crisis makes it more...

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Carrefour stops activities in Algeria

Carrefour and the Algerian group Arcofina have ended their partnership agreement, less than two years after being established, Carrefour said.  "The concept of mass distribution does not work in Algeria,"...

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Kraft Reveals New Brand Identity, Logo

The company said it spent eight months developing the new logo, seeking feedback from thousands of employees and consumers worldwide.  Kraft Foods has unveiled a new corporate logo and brand...

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Success with Darfresh packaging in Norge

The new Stange products are very well received by both retailers and consumers. The products are now selling well at high profiled Norwegian retail chains.  Located in Tønsberg, in Southern...

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Wal-Mart' record sales

Wal-Mart has reported that net sales for the fiscal year to 31 January 2009 were USD401.244 billion, an increase of 7.2% over fiscal year 2008.  Income from continuing operations increased...

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Woolworths reborn?

Three former bosses of Woolworths are ‘relaunching’ Woolworths under a new name.  Former Commercial Director Tony Page and colleagues Andy Latham and Steven Jebson will open 50 shops based on...

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First SPAR Harmonia magazin published in 2009

After a successful test periode this year SPAR gives its lifestyle magazin four times to the public.  Since many years SPAR is active at popularizing healthy eating and lifestyle. As...

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Raiffeisen offers currency risk free credit for circulating funds

This is the first bank which offers credit construction from the HUF 140 billion value New Hungary Circulating Funds Credit.  From 17th February each enterprises can borrow maximum HUF 200...

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Visa is the best known medium of payment in Hungary

According to an on-line research by Research International Visa is the best known and most popular medium of payment in Hungary.  61% of responders said they use their visa card...

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