News and articles

Kopint-Tárki lowers 2008 GDP forecast

Economic think-tank Kopint-Tarki has lowered its forecast for Hungary's gross domestic product (GDP) growth in 2008 from 2.5 percent to 2.2 percent. It raised its inflation projection for 2008 from...

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HUF 12 billion development at Electrolux Jaszbereny

This year 2.7 products leave Europe's biggest vacuum cleaner plant.  Electrolux started 10 years ago with three lines and 150 employees. This year company produces 20 kind of vacuum cleaner,...

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UK retailers add beverages

Two of the largest UK retailers, Tesco and Marks & Spencer are expanding their private label offerings in ales, wines and ciders. Tesco has introduced three ales and four ciders...

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Developing the AsiaCenter for 60 million euros

The expandition starts next year, the 70,000 sqm center building will be ready by 2011, until this time 1,000-1,500 new chineese company will starts working in Hungary.  The Branded Chineese...

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Carrier steps at Friesland Hungaria

Judit Sipos is the new sales director, Peter Szautner will be director of marketing and business developing.  The former sales director Mr. Szautner works from now as director of marketing...

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Intermarché to develope it's private label line

At Intermarché, private label currently accounts for around 50% of sales volume and 36% of our turnover. Intermarché has 2,000 stores in France, Belgium, Portugal, Spain, Poland, Bosnia and Romania....

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Nestlé Plans Chocolate Research Center in Broc

Nestlé invests 20 million Swiss francs in the project. The new Chocolate Centre of Excellence, located atNestlé's chocolate factory in Broc (Switzerland), will be operationalin the first half of 2009...

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2007 Successful business year at SPAR Hungary

Dynamic growth and HUF 284 billion sales record – balance of SPAR in 2007.  The sales increased with 15.6% from 2006 to 2007, at went over one billion euros. The...

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New position at TV2 – Head of producers

The chanel wants to strong the position of its own prudeced programs, so they joined the media's drave-devil Attila Arpa.  The specialist works under control of program director Bence Gyongyossy,...

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Rebranding for USD 15 million in Russia

The Russian division of France's hypermarket chain Auchan has devised a rebranding program for its 14 Ramstore supermarkets acquired from Turkey's Enka for EUR 181m in late 2007, RBC Daily...

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European retail sales rose in February

For the first time in five months gauge of sales growth in the euro region rose to a seasonally adjusted 52.4 from 48.1 in January. That's the fastest growth rate...

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Sales in outside compansated the weak performance of Carrefour in France

Operating profit rose 3.4 percent to 3.29 billion euros from 3.18 billion euros a year ago. Sales rose 6.8 percent to 82.15 billion euros.Rising food prices combined with competitive price...

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600 food stores had to close

According to Nielsen Research there is a slowly at closing the shops, but there are too much small shops in Hungary, another closure is to wait.  Last year 21,430 food...

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Hungarian Superbrands program to start

This year the top B2B brands and the brands with good CSR will be awarded too. The Superbrands Comitee started its work last Friday, a jourey with 14 marketing, media...

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One ton eggs were stoled

The eggs signed with HU 10B081/3 belong to Farmer cooperation in Szomod. The thief probably want to sell it in Hungary, the police nose about it. ...

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Discounters have to develope its offer

Discounters such as Aldi and Lidl are predicted to take one Euro in every two in Germany by 2012, according to a new report from Verdict Research.The study, Retailing in...

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Zwack Palinka success in Austria

Last weekend the company won 6 gold medal at two Austrian spirits competition. “World-Spirits 2008” and the “World-Spirits Award” once more as a separate event during the GAST trade fair...

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Edible antifreeze promises perfect ice cream

According to New Scientist edible antifreeze developed by researchers at University of Wisconsin-Madison, US could keep ice cream tasty and smooth, and prevent other frozen foods from being ruined.  ...

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Business confidence improved while consumer confidence stagnated

According to to economic think-tank GKI's combined and seasonally adjusted index measured -17.3 percent in February compared to -19.7 in January. Business sentiment improved from -9.7 percent in January to...

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Unilever's new distribution centre in Poland

The company’s dynamic expansion, growing sales and market launches of new Unilever products have led to the extension of its existing warehouse. The grounds of ProLogis Park Piotrków witnessed the...

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The Best Hungarian Cafe in 2007 Award for Gerlóczy

The Kavehazak.hu internet portal fifth awarded the best places. The jurey ranked the first best 100 cafes. The Most Promising Place won the Deryne Bistro in Budapest, the new founded...

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(HU) Bezár a szerencsi cukorgyár is

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Cadbury Schweppes to Invest 250 Million Euros in Poland

Food and beverage giant has announced that it is to spend 250 million euros over the next four to five years on the construction of a new factory at Skarbimierz...

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The possibility of two digits growing makes companies heedles

Companies cite corruption and political influences as a major risk in trading with emerging economies, according to a new report by Atradius Credit Insurance company.  Atradius research 600 companies in...

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Dannon ads Activia with Jamie Lee Curtis in the US

The new campaign, via Y&R, features actress Jamie Lee Curtis, who talks about digestive woes, and touts Activia as a solution.   Curtis helps the everyday person get comfortable with...

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Three new Tesco stores to open

From this week three cities Kunszentmiklós, Gyömrõ and Eger has a 1,000 sqm supermarket.   The unit are open whole week, sell 3-4,000 products from food to seasonel fruits and...

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The new World of Coca-Cola is offical “green”

Environmentally Friendly Design Earns New World of Coca-Cola ''Green'' Status Energy and Water Efficiency Features Merit Recognition for Environmental Sustainability by the U.S. Green Building Council. The new World of...

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