News and articles

Tata Tea, Coca Cola co-operation in India

The two companies are planning to enter the bottled water and iced tea markets in India, the report said.  India's Tata Tea and Coca-Cola India, the local unit of the...

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Europeans spent slim in August

The volume of retail trade in the euro zone rose 0.3% in September from August and rose 1.6% over 12 months, the European Union's Eurostat data agency said.   Retailers...

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Ferrero Plant in India

At first confenctionery giant will Ferrero will start by manufacturing mouth fresheners, such as its “Tic Tac” range.  Ferrero plans to establish a new production facility near Indapur in Maharashtra,...

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New HR director at BAT Hungary

After long time again a hungarian director leads to HR activity at market maker tobacco firm. Zsuzsanna Toth, the new HR director of BAT Hungary graduated at Budapest Business School...

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Lawsuit against Mattel

The government of South China's Guangdong Province is likely to help local toy manufacturers file a lawsuit against the world's biggest toy company. Mattel recalled more than 21 million China-made...

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Kellogg Acquires Two American Companies

The world's largest cereal maker, is set to buy Wholesome & Hearty Foods Co., a U.S. manufacturer and the Bear Naked Inc. Kellogg said it paid a total of about...

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Attila Boros is the new sales director at Cash & Carry chain

The former director Peter Nyilas lost the Interfruct, the company approves of his work. Attila Boros joined the company this year in Januar and took part in building of the...

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Kraft Foods Inc. sells its Post cereals business

The American Ralcorp Holdings Inc.payed US 2.8 billion for it. Kraft continues to evaluate its brands and businesses in terms of its long-term growth plan, using several criteria: growth potential,...

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Spar opened its 200. store in Hungary

The new hypermarket in Hodmezovasarhely is 4092 sqm great, and sell 30,000 goods. The dynamic growth SPAR- chain is a decisive member of the retail market. Yearly 100 million consumer...

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Henkel aims for full-year organic sales growth over 5%

Sales at Henkel's beauty unit growth the best, boosted by the acquisition of the Right Guard, Soft & Dri and Dry Idea brands from Procter & Gamble. Henkel KGaA raised...

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No change in tourism nights in the first three quarters of 2007

According to Hungarian Central Statistical Office the greatest growth had the Balaton, here were 24% more domestic tourists as in the same perion 2006, Budapest had less domestic tourist as...

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Dove campaigns for women over 45

In the first phase of Pro-Age campaign pr articel, promotions, events show the beauty of women over 45. The Dove global report, was fielded in 11 countries , to expose...

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(HU) Európai Kereskedelem Napja

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In 2006 productivity grew strongly in the EU

According to the EU's annual competitiveness reportworker productivity in the bloc increased by 1.5 per cent in 2006 – the highest level so far this millennium, and a tenth of...

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Two new Tesco stores

On 2th November opened the hypermarket and gas station in Kazincbarcika, on the same day began to sell the supermarket in Mezobereny. 225 new workplaces were set up. In the...

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Improving balance of the Hungarian economy

According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank the Hungarian economic policy adjustment is taking place in a favorable European business climate but...

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Renovation of the first Hungarian SPAR store

The first SPAR supermarket in Tata was renewed in two months. everything were changed, only the panels remained. The store got a new outlook. SPAR opened its first store 16...

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No distortion at competition in Britain

Supermarkets stand accused of buying up land to keep out rivals.  Shoppers in most areas have a good choice and benefit from strong competition between retailers, but in a number...

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E. coli bacteria in beef from Canada

9.8 million kilograms of beef were recalled in October More than 40 people are ill in 8 American county because of the meat products of Rancher's Beef. ....

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Heineken to buy Serbian brewery

Heineken is one of four breweries which expressed their interest in Serbian brewer MB, based in Novi Sad. However no formal agreement has yet been reached, but according to reports...

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French weeks in Cora and Match stores

On the weekends people can taste the French foods and see cooking shows. The event, between 5-18 November 2007, gives the opportunity for the Hungarians to meet and taste French...

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Biopont in Weight Control

Seven Biopont products have been added to the list of foods recommended by the Alexandra Béres Alexandra Weight Control Program in September. Meat and milk substitutes have been chosen to...

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dm revenues increasing by a quarter

Th dm chain concluded this financial year with excellent results in September. Revenues grew by 25 per cent, reaching HUF 51 billion. This is partly due to expansion, with the...

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Answer:

I don’t want to use the old cliché about “new challenges”. The truth is that I have decided to step down as my opinion about some long-term business processes was...

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How is the banking sector?

The number of banks per HUF one million is between 3-4 in Hungary, which is around the international average. The leading seven banks (OTP, K&H, MKB, Erste Bank, CIB, Raiffeisen,...

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Food boosting inflation

According to a KSH report, consumer prices remained unchanged in August 2007, compared to July, but the rate of inflation was 8.3 per cent. Prices were on average 8.5 per...

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Palette Intenzív Hair Dye Cream

The updated Palette Intenzív Hair Dye Cream now provides an even shinier, more intense and longer lasting colour....

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