News and articles

Pepsi buys bottlers for 6 billion dollars

PepsiCo plans to buy about the shares it does not already own in its two largest bottlers, Pepsi Bottling Group and PepsiAmericas for about $6 billion, at the same time...

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G8-G5-meeting in Italy: commercial limits loosening

Debate at the first meeting of farm ministers from G8 and G5 states has shifted towards improving food security. Food protectionism, as exercised by both rich and poor countries in...

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Hungarian Agraracademy last weekend

Representatives of Hungarian agriculture and food industry gathered for a two-day long program last week in Pápa.  According to József Gráf agricultural and rural development minister, 2010 is going to...

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Aldi UK up 11 percent in customer numbers

German discount grocer Aldi saw an 11 percent rise in shopper numbers in the UK and Ireland in the first quarter of this year – according to fresh data by...

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Exxon Mobil overtakes Wal-Mart to top Fortune 500

Exxon Mobil Corp. unseated Wal-Mart Stores Inc. in the 2009 Fortune 500 list, shrugging off the oil price bubble and weathering what the magazine called the worst year ever for...

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Thirty-percent cutback at Pepsi in Hungary

PepsiAmericas FÁÜ Zrt. is facing a thirty-percent cutback which is affecting nearly 200 employees – as written in the Saturday issue of Népszabadság.  Bencze Madlen, HR-manager of the Hungarian Pepsi-products...

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Dr Pepper says that those who spend more on ads get out of the recession stronger

Dr Pepper Snapple Group Inc. is risking a different approach to the recession than other major advertisers: boosting its marketing budget, saying that's what worked best in the last big...

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Nestle organic sales Ggrowth Seen at 3.7 percent

Nestle, the world's largest food company, is expected to post a 3.7 percent rise in organic sales growth for the first quarter, a Reuters poll showed on Friday. Closely-watched underlying,...

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Producing re-started at the syrup-works in Szob

The well-known syrup-plant in Szob is opening its gates again this week – a company owned by Tibor Sári has bought the facory – as announced in the Friday issue...

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New website by Completa opened

The new website is supposed to function as an online coffehouse, providing visitors with plenty of information about the Completa product-family. The new site www.completa.hu offers a wide range of...

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Nearly one billion euro sales on the Romanian beer-market

The four multinational companies of the Romanian beer-market are closing a year with a nearly one billion euro sales – as announced in the Friday issue of Ziarul Financiar. Eighty...

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Domestic FMCG market turndown in Q4 in 2008 and in the first two months of 2009

Daily consumer-products value has rosen faster than inflation, yet in October when worldwide economic crisis had been announced, the market fell back with 3.7 percent – a survey called Commercial...

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Garantiqua raising guarantee limit to 90 percent

Garantiqa Hitelgarancia Ltd. has raised its guarantee limit from 80% to 90% for companies whose loans do not exceed their annual payroll costs, and the EU has accepted the company's...

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Lack of poultry-products on the Hungarian market

Deficiency may take shape in the next months when it comes to certain chicken products on the domestic market as inland demand for certain poultry meats is getting more and...

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Lidl sells more beer, shampoo and icecream than Aldi

Hard discount chain Lidl open its first 13 stores in Switzerland on March and the German giant is expected to open 14 more stores throughout the year – new research...

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Danone continued positive volume and sales growth in Q1 2009

In spite of the difficult circumstances, Group Danone saw a 1.0 percent sales growth, although the interest in dairy products decreased by 1.2 percent, baby-nutrition products on the other hand...

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Laurel grew by 40 percent in 2008: high-tech is a must in trade

Székesfehérvár-based Laurel Group saw a 40 percent rise with its 3.5 billion HUF traffic in 2008 by selling high-tech commercial science information products – the company is optimistic about the...

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ADP Streamline made their services available in Hungary via NEXON

ADP Streamline made their services available to all enterpretours. The world's biggest international outsourcing provider chose NEXON as its partner in Hungary. Automatic Data Processing, Inc. (NASDAQ: ADP), with nearly...

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The new marketing campaign of Coca-Cola focuses on happiness

In the new marketing campaign of Coca Cola, a 102 year-old great-grandfather talks about optimism and happiness and that these feelings are even more important to maintain during the crisis....

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The greatest consumer-promotion game of the year by Pöttyös

Túró Rudi-consumers are about to face a new, 10-week long challenge by Pöttyös: now it is even possible to take part in their new game by uploading a code to...

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Wal-Mart CEO says that the current downturn does not necessarily mean the end of the recession

The fact that sales at U.S. retailers unexpectedly fell 1.1 percent in March and reports have dimmed hopes that the U.S. recession is close to hitting bottom does not mean...

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Prices falling in Spain, too

Prices have been confirmed to have fallen in Spain for the first time in March, down by -0.1% in the annual IPC released by the INE, National Statistics Institute.  The...

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At least eight organic farmers a month are quitting their scemes

At least two organic farmers a week are leaving the movement as consumer demand for premium food stagnates and costs rise – according to The Guardian1s article, this tendency continues....

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Cherry Queen Marzipan available in packages of 3 from May

Cherry Queen Marzipan is a new product introduced by Bonbonetti Ltd. in the autumn of 2008: dark chocolate-made brandycherry filled with marzipancream. Now, the candy is available in a package...

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Senior citizens and young people are not likely to change their shopping habits

With the latest news showing that most Americans are continuing to hold back on spending, it looks as if Gen Y and senior citizens may be the exceptions, according to...

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Estrogenic chemicals in mineralwater?

According to two ecotoxicologist, plastic mineral water bottles contaminate drinking water with estrogenic chemicals. Martin Wagner and Jörg Oehlmann from the Department of Aquatic Ecotoxicology at the Goethe University in...

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Synergon implemented the first phase of the biggest investment of Invitel Zrt. this year

Synergon has successfully completed the development of the data centre of Invitel Zrt., the largest national alternative service provider of the wired telecommunication market.  The implementation value of the project...

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Food-to-Go shoppers say quality is more important than price

Shoppers who buy food and beverages to go are more concerned about quality and freshness than price – according to a new consumer trends report released by United Kingdom-based IGD....

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Agricultural Chamber says a good crop is to be expected

Due to the sudden warm spring, nearly all hosts involved in agriculture have fallen behind with their work to do, including plant-protection – the Hungarian Agricultural Chamber has pointed out....

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A new competition by Coke Club for artists

Coke Club launches a new competition for enthusiastic amateur artists who get the chance to do a show in front of thousands of people.  The main purpose of Coke Club...

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