News and articles
EuroShop: all that is important for stores
Date: 2008-02-01 08:00:00
According to Szilvia Máté, representative of the Düsseldorf exhibition in Hungary, a record number of exhibitors will attend the EuroShop event to be held in Düsseldorf between 23-27. February. 55...
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Bitter-sweet Belgian praline
Date: 2008-02-01 08:00:00
The Belgian GDP is USD 38,000 and economic growth is 3-5 per cent, but they have their problems too. Theoretically, the Walloons and the Flemish should live together in harmony....
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United against obesity
Date: 2008-02-01 08:00:00
Lectures on educating people about health and fighting obesity in Europe have been delivered at the conference held by the Food, Lifestyle, Exercise (TÉT) Platform. TÉT is an organisation for...
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Cryovac launches printable top web for vacuum packaging
Date: 2008-02-01 00:00:00
The new Darfresh TP100 allows manufacturers to use high quality printing to differentiate their products.The new Darfresh TP100 top web film is printed on the surface using flexography in up...
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Action Plan against fake products made in China
Date: 2008-02-01 00:00:00
The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...
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18% increase at Visa Hungary
Date: 2008-02-01 00:00:00
Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...
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Hungary jobless rate rises in Q4 2007
Date: 2008-02-01 00:00:00
According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...
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Drastic price increase at beers
Date: 2008-02-01 00:00:00
According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...
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Ferroro to Built chocolate plant in Russia
Date: 2008-02-01 00:00:00
The 200 million euro factory will produce 25,000 tons of its Raffaello and Kinder Chocolate brands annually.The Russia's chocolate market is valued at 250 billion rubles ($10.2 billion) with a...
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OBI is Going to Extend in Romania and Slovakai
Date: 2008-02-01 00:00:00
With more than 500 stores OBI is the undisputed No 1 in the German market and one of the leading European DIY retailers, overall sales worth was EUR 5.8 billion....
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Fruit Logistica Berlin with Hungarian Exhibitors
Date: 2008-02-01 00:00:00
The Hungarian Agrar Marketing Center donated 14 Hungarian fruit and vegetable growers and traders to be present on the exhibition. Around 2,000 exhibitors from 70 countries present – 45,000 top...
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New Business Environment Rating system by Coface
Date: 2008-01-31 00:00:00
Complementary to Country@ratings, a new rating is thus available that reflects business environment quality by 150 country. On the occasion of its annual country risk conference, Coface forecasts slower world...
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From industrial place to retail center at the former Zalahus plant
Date: 2008-01-31 00:00:00
With 35-40 million euros investment a shopping center ring by green parks, playgrounds and car parks will be built by Convergence Capital Ltd. The construction works started in second half...
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Henkel Awards for research and technology invention
Date: 2008-01-30 00:00:00
Finally, eight interdisciplinary project teams were chosen to receive the coveted prize. The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...
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Fast growing on-line shopping all over the world
Date: 2008-01-30 00:00:00
Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either. Nielsen says more than eight out...
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Espresso and cappucino are the most popular coffees
Date: 2008-01-30 00:00:00
According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...
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Spring time opens the M1 Outlet & Shopping Center
Date: 2008-01-30 00:00:00
The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...
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HUF 45 million food was donated in Spar stores
Date: 2008-01-30 00:00:00
Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone. Last in the Christmas action 130...
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EU pressures general labeling
Date: 2008-01-30 00:00:00
Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce. The European Union's...
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Russia to extend food price freeze
Date: 2008-01-30 00:00:00
Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1. The freeze on prices for bread, milk, sunflower oil and eggs is designed to...
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Hungary's industrial producer price rose by 1.6% year on year
Date: 2008-01-30 00:00:00
According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...
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New CEO at LLP Budapest
Date: 2008-01-29 00:00:00
Zsolt Ambrus works from 1 March, he was the former division leader of Microsoft Dynamics Hungary. The specialist worked for Oracle, than in 2003 he joined to Microsoft Hungary, first...
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Tesco to Open `Express' Convenience Stores in China
Date: 2008-01-29 00:00:00
Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China. Tesco, Britain’s...
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Carlsberg will sell words most expensive bottle of beer for $400
Date: 2008-01-29 00:00:00
The Vintage No. 1. is an exclusive beer where there will only be 600 bottles for 2008 Danish kroner in three exclusive restaurant in Coppenhagen. Apparently the 10.5 percent proof...
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Brau Union to buy minority investors' shares
Date: 2008-01-29 00:00:00
According to its option Brau Union AG buys out the rest 0.36% share of the company. Heinken offers only HUF 8,887 per share, paying until 15 Februar trough Raiffeisen Bank,...
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Carrefour posted the biggest year-on-year sales increase in 2007 in Romania
Date: 2008-01-29 00:00:00
The French group reported 866m-euro sales last year, up 54.5% from 2006. Carrefour turnover evolution in Romania comes as a result of the expansion of the hypermarket network in 2007...
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Last Sardine Plant in Norway to Close Down
Date: 2008-01-29 00:00:00
A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production. The plant produces more than seven million tins of sardines a year and more...
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Tommy Hilfiger halts flotation
Date: 2008-01-29 00:00:00
The move could also prompt a rethink at other high-profile fashion brands, such as Prada and Salvatore Ferragamo in Milan. Hilfiger, viewed as an all-American lifestyle brand and famous for...
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