News and articles
Retailers Association Expects Flat Sales Next Year in Germany
Date: 2008-11-11 00:00:00
HDE, the German retailers’ association, has announced that it expects sales at stagnate in 2009, but said it expects them to be good during the upcoming Christmas season. The Wirtschaftswoche...
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Nestle USA recalls products
Date: 2008-11-11 00:00:00
The company is recalling certain 21.8-ounce packages of Nestle Nesquik Strawberry Powder as they may contain small pieces of aluminum, company officials said. The possibly tainted powder was manufactured on...
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New food packaging robots at Pack Expo
Date: 2008-11-11 00:00:00
New robots, customized for the food industry, are being launched this week at leading industry packaging show, Pack Expo in Chicago. The new Food Series Option extends the range of...
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Tesco wants its Polish partners to reduce prices by 5-20 percent
Date: 2008-11-11 00:00:00
Due to growing financial crisis, decreasing prices of milk, grain, oil, fruit and vegetables, aggressive price politics of discount shops like Lidl an Biedronka we are forced to lower prices...
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Sara Lee Corporation to Buy Back Its Shares
Date: 2008-11-10 00:00:00
The Downers Grove-based packaged-food and consumer-goods company's stock fell 14 percent after it reported fiscal first-quarter results, lowered its outlook for fiscal 2009 and announced it would suspend its share-buyback...
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The trade balance deteriorated
Date: 2008-11-10 00:00:00
In September 2008, according to first estimates of Central Statistic Office, exports amounted to HUF 1,612 billion (EUR 6,724 million), while the value of imports reached HUF 1,576 billion (EUR...
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New fashion collection for winter from Tesco
Date: 2008-11-10 00:00:00
The hypermarket chain starts with its christmas offer on 10th November, Cherokee and F&F clothes wait the consumers all around the country in the Tesco hypermarkets. Until 16th November the...
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New visual design for Arena Plaza
Date: 2008-11-10 00:00:00
One year after opening ceremony the mall change its logó and starts a new tv and radio ad campagne. The new degin shows a friendly and shirtsleeve face of the...
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Adidas Reports Stagnant Profit
Date: 2008-11-10 00:00:00
Specialists said the biggest decrease is to wait in Great-Britain, Germany and Spain. In Asia Adidas continou to grow. The world's second-largest sporting-goods maker's net income was 302 million euros...
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Friesland Foods to Sell Kaasfabriek Eyssen
Date: 2008-11-10 00:00:00
Kaasfabriek Eyssen is a leading producer of processed and smoked cheese and cheese spreads in the Netherlands, and is a part of Friesland Foods Cheese. Meppel-based Friesland Foods B.V. has...
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The financial balance improves, but the GDP stagnates in 2009
Date: 2008-11-10 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that in the radically changed global economic environment the Hungarian economy takes a completely new path...
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Auchan invests in Romania
Date: 2008-11-07 00:00:00
As reported by Piata, Auchan in Romania has announced that it will open two hypermarkets, following EUR40 million worth of investments. The first one will be opened on 15 November...
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Delhaize's third quarter profit decreased
Date: 2008-11-07 00:00:00
Company reported a 3.1% fall in third quarter net profit to EUR100 million as a weak dollar eroded the bottom line. At identical exchange rates, net profit would have been...
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Tesco collect back clothes hangers
Date: 2008-11-07 00:00:00
Following a previous trial in five stores, Tesco is to roll-out collection bins for clothes hangers in its stores. The move aims to prevent 1,000 tonnes of plastic going to...
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Zabka to open stores on petrol stations
Date: 2008-11-07 00:00:00
At present the Polish company is negotiating with several potential partners. Company has 1800 stores around the country. The establishment of grocery stores at petrol stations is a new trend...
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ALDI expands in Greece
Date: 2008-11-07 00:00:00
According to Planet Retail Aldi is to launch its first stores in Greece on 13 November this year. 12 outlets will be opened simultaneously, located in both the north and...
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Pivovarna Lasko to sell MERCATOR's stake
Date: 2008-11-07 00:00:00
Slovenian brewer Pivovarna Lasko announced that the company and its biggest shareholder, Infond Holding, plan to sell their joint stake of nearly 48% in Mercator by the end of next...
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Axis Introduces New monitoring softver
Date: 2008-11-07 00:00:00
AXIS Camera Station is a complete monitoring and recording system for up to 50 cameras. Designed for Axis network video products, this software offers easy installation and setup with automatic...
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Henkel 3rd quarter sales grow by 12%
Date: 2008-11-07 00:00:00
Duesseldorf-based company said net profit for the July-September period fell to 101 million euros from 238 million euros a year earlier, even as sales increased 12 percent to 3.76 billion...
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Auction and shopping on origo website
Date: 2008-11-07 00:00:00
According to specilist the nowadays financial crisis and the coming Christmas motivate people to try the internet as shopping area. Researcher said one million Hungarian plans to buy online. Origo,...
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Newsletter by Nestlé
Date: 2008-11-07 00:00:00
Nestlé Lifestyle Compass started in November, the information site publish the results of the Nestlé Research Center and give other scientific information from Hungary and abroad. This month the theme...
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Q3 Profits Flat At Coca-Cola Hellenic
Date: 2008-11-06 00:00:00
Greek bottling company Coca-Cola Hellenic has reported a third-quarter profit that was flat on the year at E213m, but the company reiterated its full-year forecasts. CCH said sales volume rose...
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Awards on the 4th Day of the European Commerce
Date: 2008-11-06 00:00:00
According to plans the results of the year was on the agenda, but the main discusse were about the financial crisis of the world. The central event of 5th November...
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More than 6500 pupils on the Nestlé Nutrikid Olympic Game
Date: 2008-11-06 00:00:00
Because of the huge interess the company givea extra award for the most creative projekt. 25_% of the Hungarian schools use the Nutrikid teaching program. Since begininnig in 2003, this...
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New Intermec solution from November
Date: 2008-11-06 00:00:00
The new CK3 includes a broad range of data collection and communication features which enables it to perform a variety of in-premise applications. The CK3 packs a breadth of capabilities...
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European Consumers Spill the Beans on Food Labelling
Date: 2008-11-06 00:00:00
The study questions 17,300 people in France, Germany, Hungary, Poland, Sweden and the UK, both in supermarkets and at home, and finds on average 18% of Europeans (27% in UK,...
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Research – month to months more privat label products in the leaflets
Date: 2008-11-06 00:00:00
According to GfK Hungaria the leaflets are since many years very popular. The research company observs the leaflets of the retail sector since 2003, the biggest adviser are in...
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China Detains Suspect in Melamine Eggs Case
Date: 2008-11-06 00:00:00
The owner of a Chinese feed factory suspected of adding melamine to its product which turned up in tainted eggs has been detained. Chinese eggs came under the spotlight after...
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Expansions in Bosnia
Date: 2008-11-06 00:00:00
According to reports in the Bosnian press, the local unit of Mercator plans to capture a 5% market share in the country by 2010. Citing Director, Mensud Lagumdzija, the retailer...
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Export decreased in August
Date: 2008-11-05 00:00:00
In August 2008, the export volume decreased by 7, while that of imports by 8 percent as compared to the same month in the previous year. The trade balance showed...
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