News and articles
SABMiller To Buy Stake In Ukrainian Brewery Holding
Date: 2008-06-17 00:00:00
The Ukrainian Antimonopoly Committee has cleared SABMiller's proposal to buy over 50% of Ukrainian Brewery Holding. The UK-based brewer had earlier bought the Sarmat brewery, which had been part of...
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French Cheese Firm Bel to Acquisite two Czech companies
Date: 2008-06-16 00:00:00
The Czech antitrust office UOHS has given the green light for French dairy company Fromageries Bel to buy Jaromericka and J+R. Fromageries Bel will take over 71.34% of shares in...
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Retail Sales Growth Better-Than-Expected in the US
Date: 2008-06-16 00:00:00
Sales in every merchant category increased in May. Excluding autos, sales rose 1.2%. Sales of electronics increased 0.7% and sales at department stores jumped 1.2%, the most since March 2007....
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Carrefour to rebrand all Champion shops
Date: 2008-06-16 00:00:00
French supermarket giant will rebrand all 1,021 of its Champion shops as Carrefour by the end of 2009, La Tribune reported. The company will transform around 150 of the shops...
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Industrial gross output increased in April
Date: 2008-06-16 00:00:00
The growth was 11.8% compared to April 2007, the index adjusted by working days rose by 6.5%. The volume of the production was higher by 8.1% in the first four...
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Agricultultural products are expensive
Date: 2008-06-16 00:00:00
In April 2008 the producer price level of agricultural products was 32.6% higher than in April 2007. The price level of crops and horticultural products increased by 41.9% while that...
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ASDA won Three Tops Prize At Grocer Gold Awards
Date: 2008-06-16 00:00:00
The British retail company picked up the Best for Service Award and the Best for Availability Award and the also the Best of Business Initiative . The Grocer Gold Awards...
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Bosch may transfer production to Hungary?
Date: 2008-06-16 00:00:00
According to Swedish evertiq.com internet site the German based Bosch may transfer production from its plants in France to Hungary or Spain. The plant that is most threaten is...
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Herendi China Manufacture open a shop in Harrods
Date: 2008-06-16 00:00:00
The company is present with exclusive shops in Germany and China, but now it opened an elegant unit in London famous mall. The unit take place on the II. floor...
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Metro Cash&Carry to build three new stores in Bulgaria
Date: 2008-06-16 00:00:00
Metro Cash&Carry Bulgaria plans to invest 150 million leva within the next three years, company representatives told reporters in Varna, at the opening of the first expanded and modernised store...
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Drogas To Open More Stores in Baltics
Date: 2008-06-13 00:00:00
In Region Drogas, the largest cosmetics and household goods retailer in Latvia, reportedly plans to open four new stores in Latvia and three new stores in Lithuania. Local reports...
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Starbucks Teams Up With SSP To Expand In Europe
Date: 2008-06-13 00:00:00
The world's largest coffee-shop chain, is planning to open more than 150 outlets in airports and train stations across Europe during the next three years via an agreement with UK...
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HUF 8.3 billion sales from energy and sportdrink
Date: 2008-06-13 00:00:00
According to Nielsen research to sales of segments grow by 60% in value and 70% in volume between Mai 2007-April 2008. The biggest market share have the privat labels energy...
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The first Tchibo Store Outside of the Capital is open in Pécs
Date: 2008-06-13 00:00:00
In the unit at the Árkád mall in Pécs customers can choose between the best coffeemix from South- America and Africa. Tchibo is present with the brand in Hungary since...
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Beer Culture Champion Wanted!
Date: 2008-06-13 00:00:00
Tasting beers, beer show, scenic exhibitions and jazz concerts wait the visitors of Sant Arnold's Beer Festival in Buda Castle on 15th June. Also famous radiopersonality Levente Harsanyi takes part...
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KiK Textil discount soon in Hungary
Date: 2008-06-13 00:00:00
The German KiK (Costumer is the king) is now looking for its Hungarian employers. According its plans yearly 300 new stores will be open. The German company has several stores,...
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Bulgaria Milk Producers Protest because of Low Prices
Date: 2008-06-13 00:00:00
Dozens of Bulgarian milk producers rallied in the capital Sofia to press for government guaranteed minimum purchase prices for milk due to increasing animal feed prices. Farmers in the new...
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Nordzucker to Bid for Danisco Sugar
Date: 2008-06-13 00:00:00
Germany's second-largest sugar refiner Nordzucker is interested in buying the sugar arm of Danish group Danisco and “has the money to pay whatever it costs,” its CEO told financial daily...
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Giant beer aquisitaion on the horizon
Date: 2008-06-13 00:00:00
Anheuser-Busch Acknowledges Receipt of Unsolicited Proposal from Inbev Anheuser-Busch Cos. Inc. in value of USD 46.3 billion. The $65 per share in cash for Anheuser-Busch is 24% higher than the...
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Mobile Phone to Be New 'Fourth Channel' for Revenue
Date: 2008-06-12 00:00:00
Mobile devices represent a major growth opportunity for the retail industry by providing a new purchasing channel for consumers, a Cisco study reveals. The company's third annual e-commerce study...
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Procter & Gamble outsources its IT works for 650-million-dollar
Date: 2008-06-12 00:00:00
BT announced today they have signed a five-year contract with Procter & Gamble. Under the agreement, the company will provide and manage a broad and integrated portfolio of services...
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Gorenje buys Dutch firm ATAG Europe
Date: 2008-06-12 00:00:00
Slovenia's top household appliances maker Gorenje announced its biggest ever acquisition with a 130 million euro deal to buy Dutch firm ATAG Europe B.V.. ATAG Europe generates 90 percent...
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Factories close, supermarkets empty and jets run out of fuel in Spain
Date: 2008-06-12 00:00:00
Strike action by thousands of Spanish and Portuguese truckers produced ominous knock-on effects on food supplies, aviation and industry in Spain. Authorities at Spain's two biggest wholesale markets, Mercamadrid,...
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Food price increase over the average
Date: 2008-06-12 00:00:00
In May 2008 consumer prices rose by 1.1% compared to the previous month and increased by 7.0% compared to May 2007. In May 2008 compared to the previous month food...
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Bread price increase by HUF 20-30
Date: 2008-06-12 00:00:00
According to the Association of Hungarian Bakers the cost of production (loan, energy, fuel etc.) grow so much, that the bakers must to increase their price. The association said minimum...
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Successful year behind OBI Hungary
Date: 2008-06-12 00:00:00
In the last business year, ended on 30th April 2008 OBI had HUF 53.7 billion revenue, 16 million visitors in the 21 stores, from them 8.3 millio were customers. In...
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Hungarian companies pay to late
Date: 2008-06-12 00:00:00
Among the researched contries in Hungary is the biggest different between the planned and real payment. Atradius made this research at 1200 companyies from SMEs to giants in Austria, Hungary,...
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POP-Rafinanz Group to be on international expansion
Date: 2008-06-11 00:00:00
Since 2007 Rafinanz is the only East-European member of Airport Promotion Agencies. Last year the company has a total revenue HUF 2.5 billion, so it must be reorganize. A new...
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Lidl to open in US by 2012
Date: 2008-06-11 00:00:00
Lidl plans 1,000 new stores in Germany, to enter U.S. market by 2012 German discount retailer Lidl is planning to open up a further 1,000 stores in Germany, meaning that...
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New packiging for Kométa products
Date: 2008-06-11 00:00:00
This year Kométa, one of Hungary's biggest meat producers begins a strong marketing communication campagne. After a big market research and planning periode all Kométa products will get a new...
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