News and articles
EU approves Mars buy of Wrigley
Date: 2008-07-30 00:00:00
M&M's candy maker Mars Inc of the United States won unconditional permission from the European Commission to purchase the U.S. No. 1 chewing gum manufacturer Wm Wrigley Jr Co for...
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Danone's One euró Offer
Date: 2008-07-30 00:00:00
Groupe Danone has unveiled plans to sell a discounted range of yoghurts in France costing one euro for a pack of six following a fall in sales. The French dairy...
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Wheat growers to wait, better to store
Date: 2008-07-29 00:00:00
This year we have heavy crops, it will be more than 5.5 tons, what is wide over the average.Growers would get HUF 40-50,000/tons, but there is a big offer from...
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ALDI plans further expansion in Australia
Date: 2008-07-29 00:00:00
Aldi has earmarked a sum of AUD1 billion for its expansion in Australia during the next three years. Currently, Aldi runs 172 stores in New South Wales, Victoria, Queensland and...
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Conflicting news about Interfruct
Date: 2008-07-29 00:00:00
According press informations Interfruct sells their store, but the company said its only closure because of stock-taking. In the information of daily Napi Gazdaság, the cash&carry chain has signed...
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Super-Pharma to sell products similar to drogeries'
Date: 2008-07-29 00:00:00
The company, which currently operates only three units in Budapest, has ambitious plans for expansion with the opening of 8 to 15 company owned pharmacies by the end of 2009....
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Brussels would modify the rules
Date: 2008-07-29 00:00:00
EU Agriculture Commissioner Mariann Fischer Boel wants to scrap 26 of 36 marketing standards, the 10 remaining items account for 75 percent of the EU's cross-border trade in this area....
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Tenders for developing e-commerce
Date: 2008-07-29 00:00:00
The authorithy extended the administration termin of GOP-2008-2.2.3 tender until year's end. The tender for implementig modern ERP-systems has been announced within the framework of the New Hungary Development Plan....
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The decrease of retail trade turnover continued
Date: 2008-07-28 00:00:00
On production side, the main factor of economic growth was industry both last year and in the past period of this year. However, the performance of the branch –...
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European Omega-3 Market to Grow 23.6% Per Year
Date: 2008-07-28 00:00:00
The market was valued by researcher of Frost & Sullivan at USD 296 million in 2007 and is expected to hit the USD 1.3 billion mark in 2014. Raw...
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New low gassing cheese bag increases output, says Sealed Air
Date: 2008-07-28 00:00:00
The OSB 4550 shrink bag, claims Sealed Air Cyrovac, is a new addition to its cheese curing bag range and is suitable for both industrial and consumer unit packaging. The...
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Record growth for UK's discount retailers
Date: 2008-07-25 00:00:00
According to TNS Worldpanel, discount retailers now account for 5.9pc of all grocery spending in Britain. Aldi grew its market share by 19.5pc to 2.9pc over the period, while Lidl's...
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Safety of cloned animal products uncertain
Date: 2008-07-25 00:00:00
The European Union's top food safety agency (EFSA) said cloned animal products may not be safe and further study was needed. In March 2007, the European Commission — the EU's...
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Retail decreased in Mai
Date: 2008-07-25 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. ...
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Britons bought more in Mai
Date: 2008-07-25 00:00:00
The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia. According to a Eurostat first estimate, in May...
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Suntrust dumps Coke shares but keeps recipe
Date: 2008-07-25 00:00:00
SunTrust said it sold 10 million shares of the beverage maker in June and will be another 3.6 million shares in a charitable trust. The remaining 30 million shares were...
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Snack firms pledge obesity fight
Date: 2008-07-25 00:00:00
More than £200m has been pledged by several food and drinks companies, including Coca-Cola, Kellogg's, Mars and Nestle, in a bid to tackle obesity. The funding comes amid a plea...
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PepsiCo's Positive Surprise
Date: 2008-07-24 00:00:00
Despite a 1% decline in the Americas beverage business PepsiCo Inc reported that its net income rose to $1.7 billion, in the second quarter that ended June 14, net revenue...
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A Petrol Price War on Supermarket Forecourts
Date: 2008-07-24 00:00:00
Morrisons began by slashing both unleaded and diesel by 4p a litre, Asda responded by cutting up to 3p a litre off both fuels at all its forecourts. The...
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Bester Q2 by Praktiker
Date: 2008-07-24 00:00:00
Praktiker AG. cut its full-year sales growth forecast to a low single-digit percentage from a medium single-digit percentage on the back of slowing European economic growth. Second-quarter net profit...
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Better than expected profit by Whirlpool
Date: 2008-07-24 00:00:00
Home appliances company's second quarter net earnings were $117 million, quarterly revenues were up 5% to $5.08 billion. The company said that net earnings for the quarter reflected challenging macroeconomic...
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Dairy Farmers Plan Demonstrations in August
Date: 2008-07-24 00:00:00
The farmers are discontent with the nowaday's supply price of milk. From year's beginning it droped almost 20%, forexample because of cheap milk prices of the supermarket chains. Dairy...
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Auchan acquires Galerias Primero
Date: 2008-07-24 00:00:00
French privately owned retailer's Spanish unit Sabeco S.A. has agreed to acquire supermarket chain Galerias Primero from Group Nozar and Caja Inmaculada (CAI). The two companies, which are a construction...
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