News and articles
Confidence continues to worsen
Date: 2009-01-30 05:41:24
According to Ecostat's latest measure of confidence reveals the sentiment at Hungary's biggest companies as well as at SMEs continued to worsen in January. Ecostat's TOP-100 measure of confidence at...
Read more
HUF 15 million fine for Tesco
Date: 2009-01-30 05:23:10
The National Communications Authority, Hungary (NCAH) imposed a penalty for Tesco, because it sold, against the prohibition, such radio equipments, wich were not comply with requirements. NCAH controlled the Technika...
Read more
Pannonhalmi Wine Region makes marketing campaign
Date: 2009-01-30 05:07:20
The wine-growing community won money from the Hungarian Agrarmarketing Centre for building a new image and making a website for the wine region. The new logo of the wine region...
Read more
Ten largest retailers raise 2008 sales by 8%
Date: 2009-01-30 04:53:16
The ten largest retail chains in Czech Republic raised sales by Kc23.2bn year-on-year to a record Kc312.2bn in 2008, according to preliminary results released by analytical company Incoma Research and...
Read more
X5 Retail group merge Kopeika?
Date: 2009-01-30 04:44:33
After a dynamic developing in the country X5 would buy its biggest competitor. According to reports in the Russian media, X5 Retail Group has been negotiating with Kopeika about a...
Read more
Standard Vodka exists Russia
Date: 2009-01-30 03:59:52
The company will introduce the Russian Standard brand in countries such as Canada, and expects this to help boost sales by 30-50% this year. It plans to invest $100m this...
Read more
The Hungarian Poultry Product Board takes legal action
Date: 2009-01-29 05:55:00
Last week at Grüne Woche exhibiton in Berlin Hungarian goverment made efforts to promote the Hungary's position on goose liver producers. Also Four Claws, Austrian animal rights activists protest agains...
Read more
ÉFOSZ is bitterly against vat increasing
Date: 2009-01-29 05:40:00
The Federation of Hungarian Food Industries (EFOSZ) is opposed to 5% vat increase for stabilize the Hungarian economy and the budget. The federation said today the Hungarian vat is higher...
Read more
Professional training near to the market's request
Date: 2009-01-29 05:35:00
The ministry of work developes a new education program for professional training together with represents of the employers. Last year more than 40,000 professinal trained people got unemployment benefit, lot...
Read more
Active young men spent the most for Christmas
Date: 2009-01-29 05:25:00
According to on-line study of Szonda Ipsos research company, 24% of Hungarian save money during the year for Christmas shopping, 4% of the responders borrowed. 20% of the responders spent...
Read more
Deko-Food closes its bean processor unit
Date: 2009-01-29 05:00:00
The company fires 40 people, first of all semi-skilled laborer, but also some administrative employees lost their jobs. The bean processing unit worked since 3 years with loss, and last...
Read more
Excellent accomplishment at Profi Romania
Date: 2009-01-29 01:06:00
Delhaize Group-owned Romanian retailer Profi has reported a 50% increase on the year to EUR142 million above the target growth of between 30-35%. The company sees its turnover growing by...
Read more
Asda to create 7,000 jobs in UK
Date: 2009-01-29 01:00:00
Wal-Mart-owned company plans to create 54,000 square metres of new store space in 2009. The supermarket will create 3,700 new jobs with the opening of nine new food stores, five...
Read more
UK initiative for reducing houshold food waste
Date: 2009-01-29 00:00:00
The UK’s top grocery retailers, brands and manufacturers have committed to an industry-wide food waste reduction objective for the first time. The WRAP’s (Waste & Resources Action Programme) Love Food...
Read more
NürnbergMesse sets ambitious growth targets
Date: 2009-01-28 00:00:00
Reconstruction works start in a few weeks, a completely new entrance, service and congress area is to be built by autumn 2010. NürnbergMesse will invest a total of more than...
Read more
Coca-Cola puts money on being greener
Date: 2009-01-28 00:00:00
The company made a foundation, the money will be used to support a proposed Packaging Innovation and Sustainability Centre at Michigan State University (MSU). Coca-Cola has provided $400,000 to the...
Read more
Henkel contributes to protecting the rain forests
Date: 2009-01-28 00:00:00
In order to promote and establish the Book & Claim system for palm kernel oil, Henkel has, as the first company in the world, now purchased such palm kernel oil...
Read more
Hungarian Trade Association is a lobbyist also for costumers
Date: 2009-01-28 00:00:00
The organisation protest against some new rules and turn down the unfounded accusation, that the suppliers are in bad economic situation because of the retailers. Hungarian Trade Association forecasts...
Read more
Coface downgraded the financial ratings of 22 countrie
Date: 2009-01-28 00:00:00
In the year 2008 shortfalls in payment increased dramatically and will continue to do so. In total, shortfalls in payment between companies increased by 47% worldwide. According to Coface, the...
Read more
Don Pepe focus on growing efficiency
Date: 2009-01-28 00:00:00
Company launched a new trainingsystem for it employees. The aim is to make the sales more operative and the consumers more pleased. Don Pepe has more than 30 restaurants all...
Read more
Decreasing beer consumption in UK
Date: 2009-01-28 00:00:00
First the smoking ban, than the financial crisis and an 18 per cent rise in duty on beer last year, these kayoed the British catering trade. Beer sales in pubs...
Read more
Penta fuses Hungarian interesets
Date: 2009-01-28 00:00:00
From 1th July the three meat processor plants, Debreceni Hús, Szole-Meat and Csaba-Hús merge into Budapest based Debreceni Group. The new founded Debreceni Group belongs to Carnibona Holding, the ownership...
Read more
EVENT EXPO – all for and about the professional represantation
Date: 2009-01-28 00:00:00
The biggest event show in Central and Eastern Europe, arrives in Budapest. Event Expo Hungary, 20th-21st February 2009, Papp László Budapest Sportaréna. Event Expo Hungary has more than 100 exhibitors,...
Read more
No sign of contaminated American peanut butter in Hungary
Date: 2009-01-28 00:00:00
Salmonella-contaminated American peanut butter has not entered circulation in Hungary, Hungary's food safety authority (MEBIH) said on Tuesday. Several European firms have distributed American peanut butter which is thought to...
Read more
GLOBUS sales up in Czech Republic
Date: 2009-01-27 00:00:00
German hypermarket and DIY store operator is currently building its 14th Czech hypermarket, located in Ostrava. The retailer increased its sales by CZK2.6 billion up to CZK22.7 billion in the...
Read more
Marks & Spencer modernise IT System
Date: 2009-01-27 00:00:00
The retailer has taken out a seven year contract with IT supplier Fujitsu Services to provide instore IT support for around 600 M&S stores in the UK, Ireland and Channel...
Read more
REWE International sales rise by 12%
Date: 2009-01-27 00:00:00
Despite the economic difficulties, Rewe International plans to keep up its heavy investment plans with EUR500 million this year, EUR200 million of which are targeted for Austria. Formerly Rewe Austria,...
Read more
Champions of Nutrikid
Date: 2009-01-27 00:00:00
The Nestlé Nutrikid jurey also in November found very creative entries, the real surprise was a submission with Braile codes. Nestlé made a tender against the children obesity, children with...
Read more
Nielsen stops PRISM Data System
Date: 2009-01-27 00:00:00
“Given the nation's serious economic state, Nielsen and its clients have decided this is not the right environment to launch a national syndicated service,” the company said in the statement....
Read more
Sales in hypermarkets also decreased in November
Date: 2009-01-27 00:00:00
According to data of Hungarian Statistic Office, the volume of retail sales decreased by 2,0% in November, and by 1.9% in the first eleven months of 2008 compared to the...
Read more
