News and articles
Heineken Makes Acquisition of Czech Drinks Union AS
Date: 2008-03-27 00:00:00
The acquisition, for an undisclosed amount, must be assigned by competition watch dog. Companies hope to close the deal until June. Brewer Heineken has announced the acquisition of Czech privately...
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Sainsbury's Sales Grow 4.1% rise in Fourth-Quarter
Date: 2008-03-27 00:00:00
Despite the slowdown in consumer spending, Sainsbury's said it continues to see strong growth from non-food sales, thanks to its investment in developing its product ranges and infrastructure as well...
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Nespresso presented Goroka Coffee from New Guinea
Date: 2008-03-27 00:00:00
Grand Cru is is perfect combination of crema, body and taste, offering distinct individual aromas and flavor notes. Senses such as sight, smell, taste, aftertaste and touch can be used...
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Lidl 'spied on staff in Germany
Date: 2008-03-27 00:00:00
Surveillance teams would arrive early on Monday mornings to install between five and 10 miniature cameras in Lidl stores, according to the German news magazine Stern. The retail chain...
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Shiny outlook for 2008 at Tiffany
Date: 2008-03-27 00:00:00
Tiffany & Co posted higher-than-expected quarterly profit on Monday as increased sales overseas and new stores helped offset the effect of a shaky U.S. economy that has strained consumer spending....
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Adidas -Vulcabras joint venture
Date: 2008-03-27 00:00:00
The new company will sell shoes, shirts and other sports apparel from Reebok in South America. The joint venture starts business April 1, pending regulatory approval, and will be...
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Regional tenfold difference between the yearly budget in the region
Date: 2008-03-27 00:00:00
Austrian has the most money, Ukrainian the less. 42% of the cost is given for food in the now growing countries, in Hungary this share moved from 29 to 23%...
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New CEO at Biopont
Date: 2008-03-27 00:00:00
From March Mark Egervari, former economic director leads Hungary's biggest bioproduct distributor. The specialist has an economy and legal qualification, joined the company last summer. The former CEO, owner of...
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Figo plays at Szentkirályi's group
Date: 2008-03-26 00:00:00
The gold medalist Portugase futballstar arrived today at Budapest, where he got a press conference, met his fans and than drove to Szentkirály for shooting the ad campagne. Tomorow the...
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World champion of motor GP is the ad face of Burn energy drink
Date: 2008-03-26 00:00:00
Coca-Cola Hungary protect Gabor Talmacsi motogp World Champion. More than 1000 people saluted the star at Club Tihany, where Coca-Cola made him a party. When he arrived people could see...
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Tobacco products from under the counter
Date: 2008-03-26 00:00:00
Retailers could be forced to take cigarettes off display, under government plans to crack-down on smoking in UK. Shopkeepers could be made to sell tobacco products from under the counter...
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Retail Market Continues Rapid Growth in Russia
Date: 2008-03-26 00:00:00
The retail trade grew 17% to US$40bn in February this year compared to the same month a year earlier, according to figures from the Federal State Statistics Service. Retail trade...
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100 millió eurós beruházást tervez Törökországban a Metro
Date: 2008-03-26 00:00:00
Company plans to open 10 new stores this year Metro CEO Eckhard Cordes said. Metro will open 6 consumer electronics MediaMarkt stores, 2 retailer Real stores, and another 2 retailer...
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The Russian X5 Retail To Acquire Kama Retail
Date: 2008-03-26 00:00:00
The X5 Retail Group has announced a deal buy Kama Retail Co, a Pyaterochka franchisee in the Perm region, for about US$18m including debt. The rapidly expanding russian food retailer...
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Budaors is Tetra Pak's new Easter-Midle European Centre
Date: 2008-03-26 00:00:00
The new founded company: Tetra Pak Duna results from former Tetra Pak Hungary, Austria, Czech and Slovakia. Svend Weidemann, leader of the new built company, former head of sales in...
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Best results ever at Alimentaria 2008
Date: 2008-03-26 00:00:00
Exhibition receives 158,000 professional visitors, 4% more than the show’s previous edition. One out of every five visitors came from another country. Alimentaria 2008 closed its doors last 14...
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Tesco has the biggest sales in Hungary
Date: 2008-03-26 00:00:00
According to Nielsen Research in 2007 only hypers and discounts could develope, but some from the winners cathegory only must stagnate, Tengelmann gave up. The list of the power is...
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Smart shopping trolley with dietetic advices
Date: 2008-03-26 00:00:00
Microsoft is helping design the ultimate shopping trolley: a cart that will guide you round the store, suggest recipes…and tell you if you're sticking to your diet. Developed by...
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Pottyos has the key to Cabrio
Date: 2008-03-25 00:00:00
Until the 11 weeks action winners can licit on retro or modern style products, from toys to Audi A3 cabrio. The special promotion started on 17 March, the products...
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HUF 1.2 billion penalty by Kikelet
Date: 2008-03-25 00:00:00
During the half time of the consumer protection action series called “Kikelet” the authorities have conducted 22,000 revisions and issued fines of a combined Ft 1.2 billion in 6,650 cases....
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Starbucks has to pay USD 100 million to its barits
Date: 2008-03-25 00:00:00
Starbucks has been ordered to pay its Californian baristas back tips that were instead paid to shift supervisors. Starbucks planned to appeal immediately. The shift supervisors at the coffee chain...
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Younger people are more fexible by changing city or country
Date: 2008-03-25 00:00:00
Kelly Services made an international workplace survey of 115,000 people in 33 countries, from Hungary 4400 people answered the questions. The research also queried how far workers would travel for...
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The volume of retail sales adjusted for calendar effects decreased by 3.0% in January
Date: 2008-03-25 00:00:00
In January 2008, the domestic retail turnover (including catalog retailing) was 416 billion HUF. In January 2008, specialized and non-specialized food, beverages and tobacco retail sales declined again; sales volumes...
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Gocsej pear palinka has origin protection
Date: 2008-03-25 00:00:00
It is the seventh Hungarian palinka which has origin protection, after Szatmari Plump Palinka, Szabolcsi Apple Palinka, Kecskemeti Apricot Palinka, Békési Plump Palinka, Gönci Apricot Palinka, Újfehértói Cherry Palinka. ...
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350% increase at Real Romania
Date: 2008-03-25 00:00:00
The company opens six new stores and the sales of each hypers almost doubled. German group Metro, the largest player in the Romanian trade sector, has posted sales worth 1.95...
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M&S Expands In Central And Eastern Europe
Date: 2008-03-25 00:00:00
Marks & Spencer has entered into joint venture with franchise partner COMS to expand in Central and Eastern Europe. COMS, a.s. operates 13 Marks & Spencer stores in the Czech...
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Compact washing powder's price increased 20%
Date: 2008-03-25 00:00:00
According to Nielsen Research the last year the sales of detergents grow with 10% , it was over HUF 37 billion. There was a 2% decrease in quantity. Detergent is...
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In spite of higher prise the beer in can is more popular
Date: 2008-03-25 00:00:00
The sales of beer increased in volume with 6% , in value with 10% – according to Nielsen Research. The non-alcoholic segment stagneted at 3-4%, since two years. The most...
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Young people shopping not purposeful
Date: 2008-03-21 00:00:00
70% of Hungarian consumer don't know too much about consumer protection rights, most of them know almost nothing about indemnity and warrant. According to kirakat.hu's and Szonda Ipsos's research the...
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Eggs are 25% more expensive as last year
Date: 2008-03-21 00:00:00
Eggs on tray cost each HUF 26-28, in boksz HUF 32. According to the Hungarian Poultry Product Board Hungarians buy 100 million eggs near the Eastern. The eggs' sale duplicat...
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