News and articles

11 million Samsung laptop until 2011

An extra 11 million units must be sold worldwide by the year 2011 in order to reach 5.7 per cent market share — a massive ask, considering Samsung's worldwide market...

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Kemendy and Chapel Hill won silver medals

Products of Torley-Group won two silver medals on this year's Concours Mondial de Bruxelles in France.   1,778 medals awarded in the latest edition of the Concours Mondial de Bruxelles,...

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Coke Zero Underground Party

Last Saturday 2800 people took part on Coke Zero Underground Party on Deak Square, youngs danced until 4 in the morning. The party started at 11.30 pm, when the public...

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Consumers in Europe demand more self-service

The pressure is mounting on organizations to finally develop a multichannel strategy that leverages self-service at the point-of-service, online and mobile channels.   The 2008 NCR Self-Service Consumer survey, conducted...

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Toffifee football on the United Way Children's Day

This year Storck joined to sponsor United Way's Children Day in Millenaris Park. On the event children and adults can play football on the green grass, on the table or...

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Standard & Poor's lowered Tesco to 'A' from 'A+'

The downgrade reflects the deterioration of Tesco's financial profile below the minimum levels needed to sustain 'A+' ratings as well as the announcement that it will acquire a store portfolio...

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One year – one billion HUF sale increase at Praktiker Hungary

German do-it-yourself chain Praktiker had gross revenue in Hungary of Ft 47.6 billion in 2007, up from Ft 46.3 billion in 2006.  Last year Praktiker opened two new stores in...

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Nestle SA aims to increase growth from its central and eastern Europe (CEE) region

Currently, Nestle's CEE region only accounts for 5.6 billion Swiss francs of its European annual sales, but says the region has been growing underlying sales in double-digit percentages for a...

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New head of brand marketing at BAT Hungary

Laszlo Hunyadi worked before as brand manager at several multinational companies in Hungary. The specialist graduated at College for Modern Business Studies, he started his carreer at Unilever's marketing department,...

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Auchan to spend 80 million EUR in Romania

French retailer plans for 2008 two hypermarkets, for the next year another 8 sites.  Auchan entered to the Romanian market in 2006 and had invested 300 million euros in five...

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Barbie-Bratz Toy War

Mattel Inc., the world's biggest toymaker, may add as much as $500 million a year to its revenue by winning a copyright suit against MGA Entertainment Inc. over the Barbie...

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Ascendant sactioning possibilities for Hungarian Customer Protection Authority

Probably in June the Hungarian Parliament votes about the new, more rigid Consumer Protection Law.   According to plans the penalties will be more higher (minimus HUF 30,000 – maximum...

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Unilever to Develop New Milkshake

The new weight loss drink that tastes like a milkshake significantly reduces appetite and could soon join Unilever's $400 million Slim-Fast weight-loss brand, the company's researchers said. The researchers, who...

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Carlsberg To Raise $6.3bn

76. 3 million new B shares will be offered to investors for 400 kroner each.   Carlsberg has announced that it will sell shares worth 30.5bn kroner ($6.3bn) to current...

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Orange and Peach are the most popular fruit juice

According to Nielsen research company between Febuary 2007 and January 2008 the fruit juice market in Hungary grow by 1% in volume and 9% in value.  The whole market is...

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New Natural Sweetener from Cargill

Rebiana, which will be sold under the name Truvia, will be available this year as a tabletop sweetener.  Agribusiness and commodity trading group Cargill Inc said that it expects its...

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Dairy farmers threaten boycott against Aldi

The discount chain cut its butter price on to ten years bottom, two weeks ago decreased the milk price – the German farmers are angry.   About 1,500 farmers in...

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1,000 school bags from SIÓ

The soft drink company helps for children from needy families to get their new school bags in August.  Action under the name „Thanks for SiÓ!” the firm call the schools...

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Parmalat: 18% less profit

The result is lower than that of 2007 not only due to the abovementioned reasons but also due to the negative impact in unit sales, the higher fixed production costs...

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Organic milk by Sole-MiZo

The cows are feed only with own produced forages, it must be clean from chemicals. Cows can't get any output gradation and antibiotic.  Sales and marketing director of Sole-MiZo said...

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Hungarians Drink the Traditional and Cheap Beer Brands

The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%.  Altough the raw material, producing costs and the tax increased faster as...

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HUF 30 Million Penalty for Auchan Hungary

According to Hungarian Competition Authority the hypermarket chain have to pay HUF 30 million because of misleading consumers.  Auchan kept insufficient stocks of products which it promoted in its newsletters...

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Fake products on Jozsefvarosi market in value of HUF 18 million

According to speakerman of Hungarian Customs and Finance Guard the specialist of the authority found 1100 pair of sportshoes, 800 clothes and more hunderd of sunglasses with fake brand sign....

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Americans eat a lot of GMO products

Most packaged and processed foods do contain genetically modified ingredients, the labels don't have to say so.  According to a recent CBS News/New York Times poll, 53 percent of Americans...

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Glencore plant in Fokto

When the plant starts to work, the whole Hungarian oilseeds stock can be process here.  According to the plans the HUF 5 billion development will be ready until 2H in...

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Fast increase at food price

In April 2008 consumer prices rose by 0.3% compared to the previous month and increased by 6.6% compared to April 2007.   In the first four months of 2008 the...

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Industrial gross output increased in March

According to Central Statistic Office the output grow by 1.9% compared to March 2007, the index adjusted by working days rose by 4.3%.  The volume of the production was higher...

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The Balkans undergoing the most Dynamic Transition

The international consumer survey SHOPPING MONITOR CEE 2008 has revealed the growing popularity of the modern retail formats, in particular hypermarkets and discount stores. The most popular chains are Tesco...

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New rules at tax stamps from July

According the new regulation the tax stamps user have to give daily supply of data, so the authorithy can follow the produc from manufacturer to the retailer.  The new tax...

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