News and articles

Fake olive oil in Italy

The Hungarian authorities dosn't have any information about Hungarian sell of this oil. The fake oil looked like extra virgin olive oil. It even tasted and smelt like extra virgin...

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Refreshing the Zsolnay Cafe at Béke

The Radisson SAS Béke Hotel has inaugurated its new catering facility, the Zsolnay Cafe & Bar Lounge.  The new facility brings together the offers of the former Zsolnay Café and...

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Luxury hotel with monolithic towers for Esztergom

Plans have been revealed for a 230-room, 5+1-star hotel to be located in Esztergom's Prímás-sziget. The complex was designed by Gábor Zoboki, award-winning architect of the Palace of Arts, who...

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Israel's Strauss Buys Russia's Cosant Coffee Brands

Chornaya Karta and Kaffa brands will be integrated into Strauss's coffee activities in the region. Strass to pay $93 million.  Israeli food and beverage maker Strauss Group said in a...

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Danone sales grow by 18.7% in First Quarter Sales 2008

According to company's consolidated report sales increased to Euro 3,760 million, thanks to Activia and the purchase of Dutch baby-food maker Royal Numico NV. Sales rose to 3.76 billion euros...

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New users of Mood Media Services

In the last months Mood Media has several new domestic and international partners.  Cora signed a 3 years agreement with the company, in its supermarkets Cora can change daily the...

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Austrian home improvement chain opens in Bulgaria

BauMax AG, an Austrian home improvement retailer, is opening its first two stores in Bulgaria this week, the company said .  The stores in Plovdiv, Bulgaria's second-largest city after the...

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TV hurts Philips profit, weak economy looms

Philips Electronics reported a bigger-than-expected 28 percent drop, to 219 million euros in quarterly core profit on.   First-quarter earnings before interest, tax and amortization (EBITA) fell to 265 million...

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Hypermarkets sell the most praline

The Hungarian chocolate market grow in volume by 11% in value by 16% last year. Total sales was almost HUF 60 billion.  According to Nielsen Research more than 30,000 tons...

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Rossmann to open shops in Albania

The first unit will open in autumn in Tirana, the next in port Durres. Rossmann has 570 foreign shops all over the world, some units are operationed together with A.S....

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Tesco Express rolls into China

Chinese consumers have taken to “big box” retailers, such as America’s Wal-Mart, France’s Carrefour, and Tesco itself, which has 55 hypermarkets across China from Beijing to Shenzhen.   But now...

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Anti-Theft Solution in the bags

Sealed Air Cryovac Launches Unique and Proprietary Anti-Theft Solution, developed together with Checkpoint. SmartPak® tags are certified for direct food contact and inserted inside the Cryovac® shrink bags at the...

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New creamy dairy by Milli

From beginning of March Milli productfamily has a new member. Milli Janga Kaukazusi Kefir+ is a unique dairy product with pre and pro biotics.  The new product suits well to...

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SPAR Donation for Fire Service of Monor

The donation, a special Mitsubishi land rover, took Attila Szekely, fire man lieutenant-colonel over from Zsuzsa Laber, the head of SPAR's communication unit. Fire service in Monor has yearly 1,000...

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POS Media Europe is expanding its leading position into Ukraine

In order to achieve a fast market leader position it has established a strategic partnership with the Atlantic Group, the holding company of some of the main media agencies in...

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Two coffee machine ideas won at NESPRESSO Coffee Luxury competition

Two group, both from the University of Moholy-Nagy, won the competition in death heat. The winner products were called „Erno” and „Enjoy it while flying”. The members of the jourey,...

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GKI sentiment index fall

The confidence index of trade dropped notably in January 2008, but it has been increasing since February. In March the projection of sales and the expectations on future orders improved,...

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One year 34% price increase at Hungarian agriculture products

The price level of crops and horticultural products was 46.9% higher, while that of animals and animal products increased by 17.6%. between February 2007-2008.  In January–February 2008 the average price...

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Euro zone industrial output growth slows

Industrial output in the euro countries grew 0.3% over one month and 3.1% over one year, the European Union's Eurostat data agency said in a first estimate.  That marked a...

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(HU) Halas gyorsfalat a Nordsee-től

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Agressive marketing fight at LCD Televisions

Analysts said aggressive marketing by leaders Sony Corp and Samsung Electronics Co Ltd in the key North American TV market threatened the market share of LG Display's client brands, such...

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German retailer Aldi to sell insurances

German discount retail chains Aldi Nord and Aldi Sued plan to add insurances to their offering of cheap groceries and household products, Financial Times Deutschland reported, citing sources in the...

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