News and articles

New CEO at Tchibo Budapest

Andrzej Jackiewicz leads Tchibo's Hungarian subsidary since January 2009.  The 41 years old Polish specialist is responsible for strategic growth of the Hungarian firm. In frame of Tchibo's coffee branch...

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“The Germans’ desire for beer is continuing to fall

Beside the financial crisis a combination of an ageing population, changing drinking habits among younger people and the smoking ban which hit pubs and bars, had led to the drop...

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New marketing manager at Mio Technology

From 1th January 2009 Zsuzsanna Banga joined as marketing manager to Mio Technology.  The 28 years old specialists gradueted at Miklos Zrinyi University, she started her carreer at Acer Computer...

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GKI's Consumer-business confidence in new historical low

Industrial companies' assessment of production and order stock worsened. But the evaluation of stocks of their own products improved. Plans for price changes were the same as in November, but...

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Pannontej continous production

According to on-line business portal VGO the crisis were solved at Pannontej's plants in Zalaegerszeg and Répcelak.  The company get 60% of the contracted gas volue and it is enough...

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Praline and chocolate sales grow in 2008

According to Nielsen last year 7% more food were sold in the retail as a year before.  The total value of 90 categories, researched by Nielsen, was HUF 1300 billion,...

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Growing year for Spar

SPAR Switzerland has reported a 6.3% rise in sales for 2008 to CHF957 million.  The SPAR and EUROSPAR stores generated revenues of CHF533 million with a 7.0% rise. Sales of...

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Fresh & Easy sponsors schools in the US

Tesco’s US-unit Fresh & Easy Neighborhood Market has launched a school fundraising programme called Shop for Schools.  In the promotion, running run from 1 February through to 31 March 2009,...

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Retailer are pessimistic, the service sector is no lower

After the bottom recorded during October and November the value of GKI’s economic sentiment index adjusted for seasonal effects dropped again in December.  According to the survey conducted by GKI...

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Tchibo voted for Lewis PR

From January the London based PR company's Budapest office works on the Hungarian communication task of Tchibo.  Tchibo called for tender last year in November, three PR agencies got the...

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Hungerit works on quorter capacity

When the gas problem can't be solved in short periode, next week we can't process the contracted live poultries – said Jozsef Magyar, company's CEO to business daily Vilaggazdaság.  Instead...

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Pick Szeged decreased producing

In company's Baja plant mashines work with 50% capacity, in Pécs and Alsómocsolád and Szeged the total producing were stoped.  Because of limitation of usable gas the company must to...

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Interposed closure of some Tesco supermarkets

The retail chain is looking for import in fresh milk and meat, after the producers of the sector said, because of the gas usage limitation they can't delivere to the...

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Daily more millions of milk will be wasted vain

If the dairy firm will not take the fresh milks because of the limitaiton of gas usage, farmers have to throw out million liters of milk. Hungarian Agriculture Chamber ask...

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Gas restrictions was lifted on category II consumers

Restrictions remain in place for “category I” consumers that use more than 2,500 cubic meters per hour.  Hungarian gas transmission company FGSz said it would reintroduce the restrictions on category...

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Lidl called back champagne because of glass splinter

The retailer removed from the shelves the Moscato Spumante Dolce sweet champagne with serial number L2485W1 content 0,75l and called back the product. Other Moscato's champagnes with different serial number...

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OKSZ calls the retailers for energy efficient operating

The organisation suggests voluntary steps for saving energy to keep out the closing or limitation of retail spaces.  Hungarian Retail Associciation launch a public appeal for gas saving operating of...

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Carrefour Market to open in Milan

Carrefour opened its first Carrefour Market store in Italy in suburban Milan in December.  While it is the 1,599th store in Italy, this is the first time the multi-format, single-banner...

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COOP declares price war in Switzerland

The retailer has lowered the prices of 600 branded goods by 12% on average to compete with prices offered by the discount chains.  COOP has declared a price war against...

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TESCO announces GBP100 million in price cuts

The supermarket chain said this took its total investment in price cuts over the last fortnight to GBP200 million.  Tesco, the UK retailer has announced a further GBP100 million of...

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Bonduelle don't supply Intermarché

Intermarché in France has refused to accept price rises of 7.5% for vegetables manufactured by Cassegrain-Bonduelle.  As a result, the brand is temporarily unavailable in Intermarché outlets. Commenting on the...

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This year Maspex Olympos distributes Plusssz

The plusz brand belongs to Maspex Wadovice, the parent company of Hungarian Maspex Olympos. The manufacturing and the product developing remains in Poland, only the distribution will be made by...

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Price in food industry low by 0.5%

Domestic sales prices of industry decreased by 1.3% in November 2008 compared to the previous month and were 10.8% higher than in November 2007.  Export sales prices of industry measured...

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Saxoo to open on new markets

There are 32 Saxoo stores in Hungary and four in Slovakia. But the franchise aims to start expanding in Austria, France and Czech Republic.  Swiss-owned Hungarian “club wear” franchise Saxoo...

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Plus stores will be SPAR supermarkets

From 1th of January started the rebanding of the formel Plus stores.  Spar Hungary singed an agreement for buying 174 Hungarian Plus stores in March 2008. After Bruessel”s green light...

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Winter specialists from Nespresso

Building on its expertise of delivering highest-quality coffees, Nestlé Nespresso S.A. introduced an exclusive collection of fine, luxury sweets for its Hungarian customers.  Nespresso has just introduced the seasonal flavors...

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Germany under negative watch by Coface

Following in the footsteps of France – under negative watch since October 2008, Germany was the last major Western European country to have the best Coface country rating.  Weakened by...

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Asda presents supermarket clinic

Wal-Mart-owned Asda is offering customers blood tests in one of its UK stores in a bid to cut hospital waiting times.  The instore clinic, funded by the Health Service will...

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Marks & Spencer 5.5% sales decreasing

UK retailer Marks & Spencer is expected to report its worst Christmas sales figures for 10 years.  The UK press has reported that the retailer is expected to report like-for-like...

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Pepsi and Beckham Finish the Relationship

PepsiCo Inc said it is ending its endorsement relationship with English soccer star David Beckham after 10 years in a move described as mutual by both sides.  Terms of Beckham's...

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