News and articles
Nestle's difficulties in Russia
Date: 2008-08-11 00:00:00
The lack of human resources and adequate infrastructure are the company's main obstacles, says Bernard Meunier, CEO of Nestle Russia. The development of the Russian market for healthy food, as...
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Letter of Advice from Tax Authority until end of October
Date: 2008-08-11 00:00:00
This year 466,000 entrepreneurs and 1,584,000 privat persons or private entrepreneurs will get letter of advice, more than 50% of them about surtax on overdue payments. The Hungarian Tax and...
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Auchan outlet in Moscow to open following 11 months of delays
Date: 2008-08-11 00:00:00
Auchan is due to open a large shopping mall of 160,000 square metres in Russia in September. The main project of Auchan in Russia including an Auchan hypermarket, as well...
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English Households Throwing Away Less Food
Date: 2008-08-11 00:00:00
According to a poll fifth of UK households say they are throwing away less food as the credit crunch tightens budgets. The survey commissioned by Sainsbury's showed that the increasing...
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Coca-Cola Alucan from a Hungarian Designer
Date: 2008-08-11 00:00:00
The special bottle was print only in 30,000 and will sell only at the Sziget event, its creator was Dániel Szentmihályi, alias SLOW. Coca-Cola called 10 designers for a tender...
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France considers higher tax on unhealthy food
Date: 2008-08-11 00:00:00
The French government is considering raising taxes on unhealthy foods to as much as 19.6 per cent. No decision has been made, but an expert report advocating an increase...
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Cut-back at Interfruct
Date: 2008-08-11 00:00:00
From 1. August the company fired 700 employes. If Interfruct's owner find a partner for developing the firm, it want to get the people back. Calslane Holding started the reorganisation...
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Place for ads on mineral water flacons
Date: 2008-08-08 00:00:00
Double Printing developed a communication instrument on the flacon's label, the company said the message is longer to read as at the flyers, it will be in the hands as...
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Scientists put bergamot waste to use in juices
Date: 2008-08-08 00:00:00
A study indicates that bergamot juice could be used to fortify fruit juice in place of synthetic additives, opening up a potential new use for a by-product of the essential...
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Kraft to sell off Nordic and Baltic salty snack brands
Date: 2008-08-08 00:00:00
The signing of the deal to sell the Estrella, Maarud and Taffel Chips brands to Fepco 1 AS, a Norwegian subsidy of Herkules Private Equity Fund, comes in the same...
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EU approves new vegetarian omega-3 source
Date: 2008-08-08 00:00:00
UK-based supplier Croda Health Care has won European Union Novel Foods approval for a vegetable oil-sourced, omega-3 ingredient, as it expands its omega-3 offerings. Croda said “major European companies” were...
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32. BB Vintage Festival in Balatonboglár
Date: 2008-08-08 00:00:00
Wine shows, concertes and other family programs wait the guests between 19-24 August on Platánstrand (Platan Beach) in Balatonboglar. The famous Vintage Festival, visited yearly by 250,000 guests, will be...
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Victory of local tastes in the US
Date: 2008-08-08 00:00:00
In an American research 82 percent of all customers told loud and clear, locally grown produce tastes better. One of the biggest brand names in food this summer doesn’t...
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Germans plan Kinder egg ban
Date: 2008-08-08 00:00:00
German politicians plan to ban the Kinder Surprise chocolate eggs, on the grounds that they are a safety hazard. The children's committee of the German parliament, which is responsible for...
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Strong organic growth at Henkel
Date: 2008-08-08 00:00:00
Henkel AG & Co. said second-quarter profit declined 84 percent on costs for job cuts and lowered its full-year earnings forecast because of rising raw-materials expenses. Revenue rose 11 percent...
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Sony moved LCD producing to Nitra
Date: 2008-08-07 00:00:00
An investment project with a total value of 240.66 mil. € is under preparation at the Nitra-Sever industrial park. According to the Environmental Impact Assessment, the Japanese building company, Takenaka...
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Procter & Gamble Co. announced net sales growth of 10%
Date: 2008-08-07 00:00:00
Net earnings were up 33 percent for the quarter to $3.0 billion and 17 percent for the fiscal year to $12.1 billion. Diluted net earnings per share increased 37 percent...
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Russian Frozen Bakery Products Sector to Grow Dynamic
Date: 2008-08-07 00:00:00
The market for frozen bread in Russia, which is currently estimated at USD 600 million, has the potential to grow 25-30% per year. The market is fast-growing, indeed, for the...
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Jede Acquires Kaffeknappen
Date: 2008-08-07 00:00:00
Swedish coffee company Kaffeknappen has been fully acquired by office coffee services provider Jede AB, owned by Nestle. Jede has owned a 25% stake in the firm since September 2005...
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Hungarians drink less roast coffee between January-Mai 2008
Date: 2008-08-07 00:00:00
Since many years the market growth comes from 3 in 1 segment. According to GfK Hungária research company 8% less roast coffee was sold in the first 5 months...
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Metro to sell Adler stores
Date: 2008-08-06 00:00:00
Metro AG. said its Adler fashion stores unit that it has put up for sale will close up to 20 loss-making stores in Germany and Austria by end-2009 and will...
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Good by $1 value menu?
Date: 2008-08-06 00:00:00
Due to rising food ingredient prices, McDonald's may have to change some items on its $1 value menu. The international burger chain may have to adjust some of the ingredients...
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Best Buy plans aggressive roll-out in UK
Date: 2008-08-06 00:00:00
Best Buy, the largest specialty retailer of consumer electronics in the United States and Canada is to push ahead with a more aggressive roll-out of stores with some 200 stores...
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Increase slow down by external trade
Date: 2008-08-06 00:00:00
According to KSH (Central Statistic Office of Hungary) in May 2008 the exports were up by 2, the imports by 4 percent as compared to the same month in the...
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Industrial gross output is indisposed
Date: 2008-08-06 00:00:00
According to preliminary data in June 2008 the industrial gross output decreased by 0,3% compared to June 2007, the index adjusted by working days was equal to the non-adjusted one....
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Siemens may sell stake in European venture with Fujitsu
Date: 2008-08-06 00:00:00
German electronics giant Siemens AG may sell its stake in a European computer joint venture with Fujitsu Ltd. The most likely scenario is for Fujitsu to buy Siemens stake and...
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New Trade Marketing Manager at SIÓ-ECkes
Date: 2008-08-05 00:00:00
The SIÓ-ECKES sales and trade marketing group has a new member, Krisztina Gurály, from 14 July. The specialist worked several years at FMCG companies' sales and trade marketing group, also...
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The most body lotion are sold in drogeries
Date: 2008-08-05 00:00:00
The domestic market of body lotion grow in volume by 8% in value by 7% between June 2007 – 2008. Retail sale body lotion yearly in value of HUF 7...
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Felicitatations from fans on 100 sqm by Soproni
Date: 2008-08-05 00:00:00
Since two months signatures and felicitations of fans were collected on Soproni's evening to protect the Hungarian waterpolo team in Peking. The flag is 14mx7m big. Since Mai fans and...
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Südzucker Interested in Ebro Puleva's Sugar Operations
Date: 2008-08-05 00:00:00
According to press information German sugar producing company Südzucker is said to be considering Ebro Puleva's sugar division as a potential takeover target. German Nordzucker and French Tereos have both...
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