News and articles

New Special Palinka from Zwack House

Costumers can taste the freshest Yellow Muscatel Palinka at this weekend on 17th Budapest International Wine Festival 2008. Next opportunity is in October at the Palinka and Sausage Festival in...

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Carrefour to invest in Southern Russia

According to local press reports, Carrefour plans to invest USD100 million in Russia's Krasnodar region over five years.  The retailer will sign an investment agreement on the construction of hypermarkets...

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HUF 5 million penalty for Rossmann

According to the Hungarian Competition Authority the drogerie chain's parfume actions in 2007 September and December fobed the consumers. It was not the first case.  In the first action Rossmann...

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Lidl pays fine for the state and its employees

According to Spigel news magazin he discount chain will pay around E0.6m-0.7m in Lower Saxony alone, through having to pay 60 to 70 fines of E10,000 each.  Spring time Germany's...

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GM soya bean – Yes for import but not for growing

The European Commission authorised the import of a genetically modified strain of soybean for use in feed and food for 10 years.  The European Union’s executive branch said the strain,...

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Ghana wants to increase its cocoa growing by 30%

Ghana's government has doubled its budgetary allocation for supplying fertliser to cocoa farmers for the 2008/09 crop starting this month, an official at the Cocobod cocoa regulator said.  The world's...

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Podravka Improved Results

Croatia's top food group Podravka expects to show better results at the end of this year after a campaign to cut costs, the company's new CEO said.  Podravka, which operates...

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Hitachi fridge emits Vitamin C to keep frozen food fresh

Hitachi sells a number of fridges on the Japanese market that lower the oxygen density via an integrated pump.  Hitachi announced in Japan they will start selling the R-Y6000, a...

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Cryovac® RS1500 – for cure-in-the-bag cheese

Cryovac's new development is a high performance, high sealable, multilayer, shrink material with controlled permeability ideally suited for high gassing cheese packaging.  Cryovac® RS1500 is especially designed to run on...

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Auchan To Expand Store Network in Portugal

The French hypermarket giant plans to open three new outlets in Portugal by the end of 2008, taking its store network to 22 outlets in the country.  A report in...

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In H1 supermarkets grow their marketshare

According to GfK research there is a relative decreasing in the Hungarian retail market.  The increase of FMCG products' sales (8%) was under the food inflation (12%) in the first...

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British families are hard hit by food price rises

Food inflation in the UK is nearly double the rate of most other developed nations. Prices have increased by 12.2 per cent over the last year, according to official Government...

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78% of the export goes into the EU

In July 2008, according to first estimates of Hungarian Central Statistic Office, exports amounted to HUF 1,433 billion (EUR 6,113 million), while the value of imports reached HUF 1,497 billion...

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Honey replaces additives

Antioxidant-rich honey may protect against spoilage in salad dressings, and naturally sweeten the condiment, researchers from Kraft Foods report.  The researchers analysed various honey sources and investigated their potential as...

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Nespresso Special Club Jinogalpa Coffee

Named after the two main regions in the mountains of Nicaragua, Matagalpa and Jinotega, the 100% arabica coffee offers intensity and body with sweet, sandalwood aromas and a hint of...

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Wine Feast starts soon in the capital

17th Budapest International Wine Festival 2008 from 10. to 14. September in the Buda Castle and in Szentendre.  Some program elements: Wine Exhibition and Fair, Wine Academy, Harvest Parade, Harvest...

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VinAgora Award Gala at Millenáris Teátrum

Traditional, international wine competition between 4-6 July in Balatonalmadi. The Award Gala take was on 5. September in Budapest. Hungarian wines won 4 champion medals.  VinAgora International Wine Competition is...

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The high agriculture production grow the GDP

According to quarterly calculations gross domestic product of Hungary increased by 2.0 percent in the second quarter of 2008 (by both adjusted and non-adjusted for calendar effects), and by 1.9...

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Olympics boosted Adidas's first-half sales in China by 60%

Adidas will reach its target of “high single-digit'' sales growth and 15 percent earnings growth in 2008 said company's Chief Executive Officer Herbert Hainer.  Adidas, based in Herzogenaurach, Germany, will...

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Kraft to focus on 10 brand

Kraft Foods Inc will focus on 10 countries and 10 brands to expand internationally, the unit outside the United States should produce more than $18 billion in sales in 2008....

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OBI reposition campaign

Costumers said OBI has a market oriented offer, consumer's friendly service kit and attractive prices.  This spring OBI made an attitude research about itself and the whole DIY market in...

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Stores opening

Tesco, Szolnok Nyitás: 27 June Chain: Tesco Store space: 1000 m2 SKU: 3–4000 Tesco, Sülysáp Nyitás: 27 June Chain: Tesco Store space: 1000 m2 SKU: 3–4000 Tesco, Dabas Nyitás: 11...

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New sales director for LLP

Attila Biber was appointed the new sales director of LLP Budapest on 1. July. Previously, he had been a head of division with Microsoft Magyarország. His objective is to enhance...

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News

Vegetarian Omega-3 ingredient approved by EU. Several European manufacturers have shown interest in the product by Croda Health Care, which is intended to make milk and yoghurt drinks, cereals and...

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Market share of private labels continues to rise

According to data from GfK Hungária ConsumerScan, both the quantity of pralines purchased by households and the amount spent increased in the first third of the year. As a result...

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More paper products sold in the first third of the year

According to data from the ConsumerScan of Gfk Hungária, sales of toilet paper, paper tissue and paper towels were up in the first third of 2008, compared to the same...

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Menacing shadows

According to a study prepared by experts of Kopint-Tárki Konjunktúrakutató Intézet Zrt. and AgrárEurópa Tanácsadó Kft about the current position of Hungarian agriculture and its future prospects, food prices are...

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Cote d’Or citromos-gyömbéres étcsokoládé 150 g, Cote d’Or fügés-mandulás tejcsokoládé 150 g

Cote d’Or black chocolate with lemon and ginger and milk chocolate with fig and almond are irresistible new additions to the brand assortment....

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Triple exhibition in Düsseldorf, with Hungarian companies

Traceability and wellness are the current trends among fresh product, as illustrated by the traditional Düsselforf exhibition of meat products, dairy products and frozen products. Most Hungarian exhibitors will come...

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15 years of dm in Hungary

drogerie markt celebrated the 15th anniversary of opening its first store in Hungary on 8. July. At present, the chain has 222 units and sells 10,000 products, including 1,400 private...

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