News and articles

Lidl to sell low cost energy in Italy

The retailer has signed an agreement with local energy company MPE Energia to enable it to deliver the service.  Lidl Energia envisages three types of cover including ‘Energia Low Cost’...

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Hungarians buy margarin for yearly HUF 20 billion

The market grow in value by 12, but decresed in volume by 2% between October 2007 – September 2008 – according to Nielsen research datas.  The price pro kilo increased...

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SABMiller's slow increase in Europe

British brewer SABMiller plc said its financial performance for six months was in line with the group's expectations. Additionally, the company warned that the prospects for the rest of the...

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SPAR chain to grew by 10-15 units

Because of the aqusitions and developing SPAR Hungary will be SPAR's biggest subsidiary in abroad.  According to Napi Gazdaság SPAR doesn't stop to increase after buying the Plus disqount chain,...

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Subway surpasses 30,000 outlets

The sandwich chain has 30,021 in 88 countries. The company said it reached the milestone with the opening of nine outlets all within the same day, including locations in the...

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Tengelmann's CEO Karl-Erivan Haub is satisfied

The retailer has announced the full-year results from its European operations for the 2007/08 financial year ended 30 April 2008. Sales in Europe increased by 2.5% to reach almost EUR20...

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Brutal profit loss by LG Display

World secon display producer reported a 44 percent drop in third-quarter net profit to $244.1 million.  The flat panel market could recover from the second quarter of next year when...

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80% of the common round-headed garden lettuces polluted in Germany

The German Consumer Protection Authority (BVL) found bigger measure of pesticide than permitted in the common round-headed garden lettuce, the apple, in the champignon mushroom and the cabbage. In case...

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18 yes – campagne at the Hovente exhibiton

Borsodi Brewery wants to call attention of the specialist, that the beer is a drink for adults. This campagne is a part of company's CSR activity, this time the focus...

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Buy Samsung mobile and give money against breast cancer

2007 saw over half-a-million pounds for breast cancer charities raised by Samsung throughout Europe, which signalled the start of a four-year plan by the manufacturer to support the cause. In...

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Food prices rose by 8.1%

In September 2008 consumer prices have not changed compared to the previous month and rose by 5.7% compared to September 2007.  In the first nine months of 2008 the average...

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British spent less money but more time in shops

Latest figures from the British Retail Consortium (BRC) show that UK retail sales values fell 1.5% on a like-for-like basis last month, from September 2007, when they had risen 3.0%....

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Auchan to expand in Portugal

Auchan plans to invest EUR60 million in the expansion of its Pão de Açúcar supermarket chain in Portugal.  The retailer plans to open 13 Pão de Açúcar stores over the...

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Intermarché for online supermarket

Intermarché has launched a major marketing campaign for its grocery ecommerce site. The campaign includes leafleting and a TV spot advertising the low prices of its online supermarket.  It is...

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Asda to build first wind turbine

Asda is to build its first UK wind turbine at its Falkirk distribution centre to generate three quarters of the energy required for the depot.  The retailer has been granted...

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800 m2 METRO stand on HOVENTA Exhibition

Over the technical tangible assets, machinery this year Metro introduces to the professional public company's „Fresh product concept” in fish, flesh and vegetables-fruit categories. The METRO stand is avalaible at...

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Sold in „SZÖVET” Unit

The association for farmers near to the river Tisza made a succesful summer action, now they have their own trade mark and plan to sell their vegetables and fruits on...

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A modular fridge won Electrolux's Design Lab 2008

Stefan Buchberger, from the University of Applied Arts, Vienna, Austria, has been chosen winner for inventing Flatshare. Flatshare is a modular fridge with individual compartments for people who live with...

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BAT Hungary Award an actor from Pécs

British American Tobaco founded the „Actor of the year” award in 1994. This year Béla Stenczer won the badge of honour. Since 14 years the public of the Theater Pécs...

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The OKSZ urges abatement of the administrative debits

On clamp of the approaching Christmas season the National Commerce Association called some sad mercantile trends and the necessary crotches to the decision makers' notice in announcement. According to datas...

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Lidl acquires new HQ plot in Netherlands

Schwarz Group's Lidl has acquired a 1.3-hectare land plot in the Dutch town of Huizen for its new headquarters in the Netherlands.  Distrifood Holland supermarket magazin reports that, apart from...

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New design for Pepsi

Company said it is making a major multi-year investment in its soft drink business to restore growth in a business that has declined as U.S. consumers seek drinks they view...

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HUF 15 million penalty for Vanish

According to the Hungarian Competition Authority Reckitt Benkiser Kft. imposed upon the consumers. In spite of the tv ads, Vanish whiteners aren't applicable for every color clothes and aren't abble...

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Agricultural producer prices grow under inflation rate

In August 2008 the producer price level of agricultural products was 2.7% higher than in August 2007.  More specifically, the price level of crops and horticultural products decreased by 4.6%,...

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Optimistic turnover predictions at Profi in Romania

Delhaize subsidiary has said that it expects turnover in Romania to rise to EUR135 million in 2008 from EUR110 million last year as a result of the expansion of the...

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European Commission has cleared the sole control change at Metro Group

Haniel is already a large shareholder in Metro and intends to acquire control by way of a pooling arrangement with another shareholder, Schmidt-Ruthenbeck.  The Commission concluded that the transaction would...

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Against the wind but we go

The external conditions of the economic development have been considerably deteriorating, the domestic political situation is uncertain, while the economic situation is modestly improving. The forecast prepared by GKI Economic...

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