News and articles

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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Conference abouth Hungarians' free time

The average Hungarian consumer is workaholic, works in its free time, nowadays holidays mean most than money or other goods. It is a tendenz, that people think life is a...

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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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Hungarian Plain is one of the poorest region in EU

The poorest 20 regions in the EU 27 were all located in Bulgaria, Hungary, Poland and Romania, In Hungary the Nort and South Plain and North Hungary are the most...

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More than 80,000 visitors at 39. MIA

Almost 1,500 represented and direct exhibitors occupying 100,000 m2 and laid out according to a new expo format, which focus on food & beverage proposals.  MIA was an specialist showcase...

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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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Novelty: Acoustic Transparent promotion textil trade show today and tomorrow (x)

Mekkora Print Ltd. with 12 printing experience offers new brandable textils in frame of Event Expo Hungary exhibition between 20-21 February at Laszlo Papp Sport Arena in Budapest.  Company shows...

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Specialists don't forecast food price increase

According to Márton Szabó, Kopint-Tárki Research company's leader analyser, increasing VAT from 20 to 23% will not have big effect on food prices. Researchers think the retailer will not assign...

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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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Hungarian wine growers in trouble

According to Varga Winery market analyze demand for wine decreased at HoReCa sector, but sales in retail are till now stabil.  The survey said in January there was a 15-20%...

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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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Retail area still growing in Hungary

According to DTZ real estate adviser's analyze in 2009 the retail area increase by 450,000 sqm in Hungary. In next 3 years the grow will be 1 million sqm.  Last...

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Hungarians has only 5 hours free time on workdays

People have year to year less free time, and no changes to wait – concludes GfK Hungária newest freetime research.  According to the survey responders think they will get less...

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Hungarian foods in Japan

The Hungarian Agricultural Marketing Centre (AMC) organised 8. times collective stand for Hungarian firms on Foodex Japan.  FOODEX JAPAN is held annually, welcoming 2,400+ exhibitors from 60+ countries & regions...

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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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Council tax against too much food packaging

Almost 40 per cent of supermarket food packaging cannot be easily recycled, according to a study by the Local Government Association.  Researchers assessed the packaging in a typical shopping basket...

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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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