News and articles
Visa is the best known medium of payment in Hungary
Date: 2009-02-18 10:19:31
According to an on-line research by Research International Visa is the best known and most popular medium of payment in Hungary. 61% of responders said they use their visa card...
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New clients at Mood Media
Date: 2009-02-18 07:30:30
From February Mood Media is the music provider for Nike shop in Budapest and in the country. Also Mood Media provides background music in Fórum Debrecen mall in East-Hungary. Costa...
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Casino to open discount frozen food store
Date: 2009-02-18 04:46:54
The first Iceko store will open over a sales area of 200 square metres in Paris. Casino is launching a pilot discount frozen food format called Iceko to compete with...
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Unilever suspension cost a lot for Delhaize Group
Date: 2009-02-18 04:17:03
Customers are dependent on certain brands and they have carefully selected those they want. Delhaize Group in Belgium is losing market share to its competitors due to its decision to...
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Tesco supports a créche in Mátészalka
Date: 2009-02-17 12:53:18
Since a few months Tesco’s consumers in some stores have to pay HUF 5 for their plastic shopping bags. From sales income of the bags company supports local institutes and...
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In December Hungarians spent more for „bottled” happiness
Date: 2009-02-17 12:49:11
Hungarian consumers, shopping soda in December, gave out HUF 36 of every 100 for Coca-Cola. Coca-Cola is a real ’Lovemark’ in Hungary. Inspite of the financial crisis Hungarians doggedly buy...
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Central and Eastern European companies remain upbeat
Date: 2009-02-17 12:10:55
A survey, undertaken by the Economist Intelligence Unit on behalf Atradius shows that despite concerns about the regional economy, companies do not expect a significant deterioration of their business in...
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First industry output decreasing since 1992
Date: 2009-02-17 11:30:13
In 2008, the volume of industrial production declined by 1.1% compared to 2007. In December 2008, industrial gross output decreased by 19.6% compared to December 2007, the index adjusted for...
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Co-operative Group to use biometric data collection to record worker hours
Date: 2009-02-17 08:15:48
The system will use biometric data collection terminals enabling finger scan verification, to record the working hours of 55,000 staff members. The Co-operative Group is introducing a new workforce management...
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SPAR acquires Ipercoop hypermarkets in Croatia
Date: 2009-02-17 08:03:19
According to reports in the local press, the four stores, of which two are located in Zagreb and one each in Split and Osijek will keep the Ipercoop banner but...
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PepsiCo sees growth in snacks, dairy
Date: 2009-02-17 07:44:28
Pepsi formed a joint venture with Saudi Arabia's Almarai Co , the Gulf's largest dairy company by market value. The venture, will be called International Dairy and Juice Ltd and...
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Russia Raises Import Duties on Milk and Butter
Date: 2009-02-17 07:28:59
The Russian government announced that will increase the import duty on butter (derived from milk) to not less than 0.35 Euro/kg, up from 0.22 Euro/kg; and Resolution that increases the...
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Fast food restaurants enjoying strong growth trough the recession
Date: 2009-02-17 07:15:15
KFC will invest EUR167million in a project to open 300 outlets over the next 3-5 years in the UK. According to KFC, the company is enjoying strong growth through as...
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Commitment of Hungarian Trade Association about Food codex
Date: 2009-02-16 09:16:23
Traders aspire for balanced business contacts with suppliers on consumers behalf. On 13th February was a meeting between the representatives the food product rail and the Ministry of Agriculture. A...
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Price of clothing and footwear decreased
Date: 2009-02-16 07:28:35
In January 2009 consumer prices increased by 0.6% compared to the previous month and rose by 3.1% compared to January 2008. In January 2009 compared to the previous month food...
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Discount feeling disappear, assortment expands
Date: 2009-02-16 04:26:26
On 12th February 2009 opened the first rebrand Spar stores in Hatvan, Sopron and Sárbogárd. Last year SPAR aquiared Plus chain and in January it started to rebrand the units....
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The newest award for Francois President Rose but champagne
Date: 2009-02-16 04:14:38
The 15th Berlin Wine Trophy was trumped up between 22-26 January 2009. The jurey tasted 3,152 wines and award 120 Premium Gold, 641 Gold and 136 Silver medals. From the...
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Birthday design award by Tchibo
Date: 2009-02-16 04:02:30
Tchibo calls for tender together with MONE and the Moholy-Nagy Art University. The participants have to contemplate a retro mug set. Students have to plan 4 mugs, which must to...
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Telework with government helps
Date: 2009-02-16 03:17:31
I-Work Foundution and Google Hungary organise meetings for SMEs about methods and experiences of telework. The government gives concret sources for outbuilding teleworkplaces. The SMEs are invited for a tender...
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Fritz Henkel Award for Innovation presented
Date: 2009-02-16 02:44:44
A convincingly innovative character and successful market performance: These two attributes must be demonstrated by product ideas if they are to have a chance of winning the Fritz Henkel Award...
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K.O on Easter egg market by Tesco
Date: 2009-02-16 02:26:30
Tesco looks set to become the UK’s largest Easter egg retailer after buying forward orders of its exclusive lines that were destined for Woolworths. The deal means Tesco’s Easter egg...
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Billa Travel to sell holidays in Bohemia
Date: 2009-02-16 02:12:53
The tourist division of Rewe group was established in 1970 and recorded a turnover of nearly EUR3 billion in 2007. The agent is active Germany, Austria and Switzerland. Rewe has...
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CBA votes for closing on Sunday, but not for all shops
Date: 2009-02-13 09:21:14
The retail chain, employing 35,000 workers, said also employees need the Sunday as holiday, because of their health and their family life. CBA would close every stores over 100 sqm...
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New members at Reál Hungária Drink Kft.
Date: 2009-02-13 09:13:56
The company started meeting with Bora Kft. and Piramis Kft. last December, and the two companies joined to the chain in February. Since its foundation Reál Hungária Drink Kft. is...
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5th Superbrands Hungary
Date: 2009-02-13 08:31:30
On 11th February was the first session in 2009 for Business Superbrands and Superbrands committee of experts. It is the second year, that also the best business brands will be...
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New ‘gluten-free’ food label rules from EU
Date: 2009-02-13 08:23:03
The EU has issued new food labeling and composition rules for products that claim to be ‘gluten-free’. Only foods that contain less than 20 parts of gluten in a million...
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Karl Lagerfeld lobbies EU on internet sales
Date: 2009-02-13 08:15:48
Clothes designer Karl Lagerfeld met EU competition commissioner Neelie Kroes to try and persuade internal market regulators to keep current restrictions on online retailers for luxury goods. The spokesman explained...
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Metro to abandon UK?
Date: 2009-02-13 08:07:07
Metro Group-owned Makro is planning to cut 378 jobs by closing three cash and carry stores in the UK. The closures were due to "difficult trading times and a need...
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Coca-Cola To Invest $1.2bn in Russia
Date: 2009-02-13 07:54:26
The company want to increase the range of products and sell coca-cola, energy drinks and kvas to a network comprising small kiosks and hypermarkets. In Short Term Coca-Cola has announced...
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Private label share may reach 25% in food at Real
Date: 2009-02-13 07:43:38
Real overhauled its retailer brands last year, eliminating a number of smaller ones and introducing 850 items under the Real Quality brand. Real aims to increase private label’s market share...
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