News and articles
Despite high raw material prices, the margin on operating profit rose
Date: 2007-08-16 00:00:00
Nestle, the world's largest food company by sales said half-year net profit rose by 18% to CHF4.92 billion from CHF4.16 billion in the year-ago period, beating analyst expectations of around...
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E.Coli Outbreak in Scotland
Date: 2007-08-15 00:00:00
One person died, and two others were hospitalized. A new case of e.coli was confirmed in Ireland, where a woman was hospitalized. William Morrison Supermarkets Plc, the U.K. food...
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Newest control wave at Lake-Balaton
Date: 2007-08-15 00:00:00
Not only the invoices will be checked, but the employment method will be controlled too. This week the supervisors of the Hungarian Tax and Financial Control Administration are operating together...
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Frappé recall is not neccessery in Hungary
Date: 2007-08-15 00:00:00
According to importer Store Ltd., there wasn't any dioxin tainted Jede product in the hungarian shops, so there will be not a recall. Jede Ab, owned by Neste Sweden said...
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No decrease in inflation rate in July
Date: 2007-08-15 00:00:00
The consumer price-level hasn't changed since June, it's 8.4% higher as one year ago – said KSH yesterday. The inflation for retirees was 11.4% higher on yr/yr basis, but 0.1%...
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Poisoning chineese toothpaste was found in the USA
Date: 2007-08-15 00:00:00
Gilchrist & Soames was recalling toothpaste made in China — that it had distributed to hotels in more than a dozen countries. Independent tests showed some samples contained diethylene glycol,...
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Mastercard is popular in Europe
Date: 2007-08-15 00:00:00
The credit card company worldwide purchase volume rose 14.3%, on US dollar basis in the second quoter 2007. As of June 30, 2007, the company's consumers had issued 164 million...
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The global market for premium beer is set for further strong growth
Date: 2007-08-14 00:00:00
According to forecasts in the report Global market review of premium beer – forecasts to 2013, the global premium beer market will reach 655m hls in 2013, representing an increase...
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Pepsico may aquire Russian juice firm
Date: 2007-08-14 00:00:00
Pepsico has agreed to buy top Russian juice maker Lebedyansky for $1.5 billion to $2 billion according to reports today. It was reported the deal would take place before the...
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IFE Foodapest – trade fair of innovation
Date: 2007-08-14 00:00:00
IFE Foodapest combines two great trade fairs, Foodapest and IFE Hungary in to one focussed annual exhibition on 20-22 November 2007. We celebrate the birth of a new exhibiton in...
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A new Diet Coke with vitamins on the european market
Date: 2007-08-14 00:00:00
Diet Coke has unveiled a $13.7m marketing campaign to back the launch of Diet Coke Plus ahead of the brand's launch in Europe. The campaign, the first for the Coca-Cola...
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There isn't dioxin tainted food in hungarian stores
Date: 2007-08-14 00:00:00
After seriously labour control there wasn't finding any unhealty guar-gum aggregate – said Lajos Bognar – deputhy chef vet. Until this time 47 product sample were checked for PCP, which...
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Tax free weekend kicks off in Massachusetts
Date: 2007-08-14 00:00:00
Stores opened early and shoppers filed in looking to save a few bucks as state retailers celebrated a sales tax holiday for the fourth straight year. The holiday means shoppers...
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Czech Beer is sold very well
Date: 2007-08-13 00:00:00
Beer production in the Czech Republic hit a record high in the first half of this year, according to recent figures. The Czech Association of Beer and Malt Producers (CSPS)...
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Summer balance – HUF 300 penalty because of food safety reasons
Date: 2007-08-13 00:00:00
Authorities checked almost 20,000 places, the control will continue until the end of August. The most characteristic problem were hygienic and cool technologies, the missing date of expiry or products...
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343 firms come forward, Fornetti's products aren't poisoned
Date: 2007-08-13 00:00:00
According to newest control there are no dioxin in products by Fornetti Franchise Ltd., last week Danone reported the same. Miklos Suth, chief vet said that products of Tesco, Stamag-...
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(HU) Uniós előírás a tisztességtelen kereskedelmi gyakorlat visszaszorítása
Date: 2007-08-13 00:00:00
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China will spend more than $1 billion improving food and drug safety
Date: 2007-08-13 00:00:00
Last week, China's State Food and Drug Administration agreed with the US FDA to increase technical exchanges through seminars and training programs. According the chineese goverment large, new laboratory would...
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A new chineese product recall – this time a quarter of a million tires
Date: 2007-08-13 00:00:00
Foreign Tire Sales of New Jersey has issued a recall for 255,000 Chinese-made tires, brands Westlake, Compass and YKS. The company said that the tires lack a safety feature that...
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German soya drink recall in Hungary and Europe
Date: 2007-08-13 00:00:00
German organic drinks manufacturer Natumi has withdrawn its chocolate soya drink from stores in Hungary and across Europe after the product was found to contain the guar gum additive. The...
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Gap Inc. has jettisoned 1,500 workers
Date: 2007-08-13 00:00:00
It happends on the ground of a three-year sales slump. The company with more than 154,000 workers, handed out about 1,100 pink slips during its fiscal second quarter, a 13-week...
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Unique alubottle form Coca-Cola
Date: 2007-08-13 00:00:00
The Faithless & Paranoid bottle is easy to take with for parties. In the 0,25 bottle there is place for favorite short drink too. A new technique for applying UV...
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Grains and oilseeds will lead the surge, with annual average price increases of 16%
Date: 2007-08-10 00:00:00
Surging demand for food, feed and fuels are combining with low stock levels to create extremely tight markets. Global agricultural commodity prices are booming. Prices, as indicated by the Economist...
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In place of chocolate wellnes nutrition at Campbell Soup
Date: 2007-08-10 00:00:00
Godiva could fetch more than $1 billion. It has annual sales of about $500 million. The premium chocolate business does no more fit with Campbell's strategic focus on simple meals....
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