News and articles

Leader of Tokaj Kereskedőház died

The 53 years old Laszlo Kiss was the chief executive officer of the 100% state owned Tokaj Kereskedõház Zrt.  The specialist was the CEO of the company since 2002, before...

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Tesco in cash machine charity donation uproar

Customers are told that by drawing cash from the supermarket giant's ATMs they are helping the Marie Curie Cancer Care charity.  Their slogan is "every little helps" and miserly Tesco...

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Coca-Cola Opens New Plant in Mongolia

A US$22 million green field Coca-Cola bottling plant was officially opened in Ulaanbaatar.  This new plant will be the second and largest Coca-Cola plant in Mongolia. The first Coca-Cola plant...

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EMPERIA allowed to take controlling stake in Lewiatan

Emperia Holding, one of the largest wholesale companies in Poland, has received the green light from the antitrust authorities for the takeover of a controlling stake in Lewiatan.  Emperia Reveals...

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Wanted – Hungary's most popular Pub partner !

People can vote from 25 August to 19 September about with whom should they drink their favour beer. Three from the registrated beer freinds could win a VIP Beer Travel...

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H1 – HUF 2890 billion sales volume, decreasing tendency

Specialized and non-specialized food, beverages and tobacco (53%) furniture and household goods (18%), book, newspaper and other (11%) stores played a major role in retailing.   According to calendar adjusted...

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Global TV shipments up rapidly

Global TV shipments improved a robust 11 percent Y/Y to 47.5M units in Q2'08, which was up 3 percent Q/Q, with better than expected shipment growth in North America. LCD...

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Hungary bottled water consumption to double

Hungarians drunk 103 liter pro person in 2007, the United Arab Emirates glugged through 260 litres per person last year, it has the first place on the rank.   The...

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ALDI to launch in Florida

In the US, Aldi will open its first stores in Florida on 23 September. The four outlets are located in Orlando, Daytona Beach, Sanford and Winter Park, followed by another...

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Jump For Retail Sales In July

Retail sales in the UK reported a surprise jump in July, rising by 0.8% month-on-month, according to figures from the Office of National Statistics.  The news surprised the sector, which...

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Let's go to do Businesses in Southeast Asia!

While China and India continue to grab the headlines, many of those businesses are seeing a rapid increase in profit levels from elsewhere in Asia – in many cases outstripping...

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Selver To Open Two Stores in Latvia

Estonian supermarket chain Selver plans to open two stores in Latvia before the end of the 2008. AOne of the stores will be situated in the city of Rezekne, while...

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PARKcenter mall in Kazincbarcika

The Austrian Center Management Invest (CMI) invested HUF 2 billion into the building of the shopping mall.The firm works since 8 years in Hungary, the first shopping mall were build...

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Old-new Metro store in Debrecen

The renovated Metro Cash & Carry store in capital of Hajdú-Bihar region has an extended offer from fishes, a special Electro-Gastro counter and sommeliers help costumers to find the best...

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HUF 700 million for wine marketing

The wine sector and the wine marketing comitee gave HUF 8 million for populize the „froetsh”, drinking wine with soda. After a long time discusse the segment has an agreement...

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Huge Food Prices Increase in the US

Food prices are forecast to rise by 5 percent to 6 percent this year, making it the largest annual increase since 1990. Just last month, USDA forecast food prices would...

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Tesco Facing Industry Opposition Over Milk Prices in UK

Farmers worrying that they will eventually have to bear the cost, even though they have been pushing for a higher ex-farm price. Tesco may be set to face strong opposition...

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Kofola Fined over EUR 500,000

Central European soft drinks company Kofola has been fined CZK13.5 million (EUR 554,779) by the Czech competition authorities after being found guilty of price fixing.  The Office for the Protection...

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Muller Dairy Enters Romanian Yoghurt Market

German dairy group Muller has entered the Romanian market with plans to become a leading brand in the country by the end of 2009.  The company has started its operation...

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REWE GROUP looks at small acquisition in Russia

According to press informations Billa,Austrian unit of Germany's second-largest food retailer REWE Group, has agreed to buy Russian retail chain Nyam-Nyam for $100 million.   Vedomosti, business daily reported that...

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Starbucks, Pepsi and Unilever Partnership

Starbucks Coffee Company, PepsiCo, Inc. and Unilever announced a licensing agreement for the manufacturing, marketing and distribution of Starbucks super-premium TazoTea ready-to-drink (RTD) beverages in the U.S. and Canada. Tazo's...

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FAO Food Index on lowest level since January

The wide crop of grains decreased the index, but dairy products and sugar is more expensive as before.  An FAO index of 55 basic foods averaged about 212 points in...

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Nespresso by George Clooney

What else? Who else! Academy Award winner and Nespresso enthusiast George Clooney will make his third appearance as the Company's ambassador in a new Nespresso film produced in Milan in...

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Metro Donation in Debrecenben

On the reopen's event of the Metro Cash & Carry in Debrecen, the company started two donation action.  The guests of the event could buy special wines from the Hungarian...

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Responsible advertising of food industry

A new Federal Trade Commission report finds that the nation's largest food and beverage companies spent about $1.6 billion in 2006 to market products to children and teenagers.  The report,...

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Chocolate got more expensive in the US

The wholesale prices are an average of 10% higher, and it's almost inevitable that consumers will pay the toll soon when they buy candy at the grocery store.  The prices...

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U.K. Brewers Try to Tap Women's Market

British beer sales fell about 4.5% in the second quarter to 7.85 million barrels from 8.22 million barrels in the second quarter a year earlier, according to the British Beer...

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Amstel Pulse wins GOLD at the Cannes Lions

Amstel Pulse bottle won the Gold Lion at the prestigious 2008 Cannes Advertising Awards. The bottle was selected from over 1,000 entries for best Packaging Design.  The design of Amstel...

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New Shopping Mall in Szeged

According to the plans the construction works begins next March in the Arkad shopping mall, with 35,000 sqm retail area.  Developing costs are 70-100 million euros, the constructor Einkaufs-Center Szeged...

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Lidl likely to open in Switzerland

The retailer's current plans were to launch in the Swiss market in summer next year, opening a “manageable” number of stores simultaneously.   Retail sales in Switzerland rose by a...

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