News and articles

Kellogg reports profit grow by 3 million US in Q4

For the year-ending quarter, profit rose to $179m , compared to $176m last year. The company estimated that it lost 1 percentage point of market share in the US cereal...

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Big harvest, decreasing demand for malt

After several years of impressive growth the worldwide consumption of beer could remain flat this year as the economic downturn hurts demand.  Between 2005 and 2008, worldwide beer production rose...

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Sales of Bertolli help Unilever's net profit

Unilever has reported a 51% rise in net profit to EUR1.2bn for the fourth quarter of 2008, boosted by the sale of its Bertolli brand for EUR630m.  The consumer goods...

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Happy Meal serves knowledge

From January McDonald's started an education marketing campaign for Happy Meal. After last years 'Did you know?' campaing in 2009 the fast food chain spurs on exploring the world around...

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Aranyfácán plans to expand production

In spite of the agricultural sales problems last years, there was no scandal on tomato front. The grower and processors work together in harmony, the supply price is since many...

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The role of the personal consulting is growing at the vitamin market

According to GfK's Healthcare and Consumer Tracking researches altough Hungarians think to take vitamins is an important way to healthcare, but they bought less pills in the last two years....

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Metro to expand private label range

Metro has 24 private labels comprising around 800 products. The private labels account for around 7% of the chain’s portfolio, but the share will grow to around 10% in the...

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Carrefour France to hire 15,000 workers

Despite a downward revision of its results and replacement of José Luis Duran by Lars Olofsson as CEO, Carrefour will maintain its workforce levels in France.  Carrefour has announced plans...

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SPAR Danmark acquires 100 stores

Danish retailer SPAR Danmark has acquired 100 stores in its purchase of Danske Köbmaend by holding company Dagrofa.  The deal means that SPAR Danmark’s turnover will increase by USD 209.61million....

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Aldi accused of human rights violations

German discount chain Aldi is reported to violate labour and human rights of Chinese staff that produce promotional goods for the company.  A study by the German Südwind institute claimed...

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98-Cent Produce Packs brought new shoppers for Fresh & Easy

Tesco’s US subsidiary Fresh & Easy has reported that its produce sales have increased by more than 11% with its new 98-Cent line since January when it was introduced.  The...

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Wal-Mart sales increase in January

Same-store sales excluding petrol at the country's largest retailer rose 2.1% last month, more than the 1.1% gain expected by Wall Street specialists.  Like supermarkets in the UK, Wal-Mart said...

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Volume of exports and imports for new member states continued to expand dinamacally

In November 2008, the export and import volumes decreased by 8 and 12 percent, respectively, however in January-November both the exports and imports increased by 5 percent as compared to...

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In spite of excellent agricultural land, there is no closing up in CEE

The CEE food industry is sitting in a vicious circle, for weak needs the answer is weak offer – said an UNIDO research, published by business daily Világgazdaság.  UNIDO is...

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Travelling more to see lower prices

According to market surveys, typical Hungarian consumers attempts to compensate the effects of rising prices by going to new stores or turning to new products which means they need to...

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New Heineken Experience

The Heineken Experience museum in Amsterdam was reopened following modernisation and expansion on 9. December. New interactive units including one where visitors can design and make a Heineken bottle themselves,...

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Younger generations discovering frozen vegetables

Frozen vegetables save us time but also leave room for creativity. In addition to basic products, an increasingly wide range of mixes are also available today. The only limiting factor...

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Revenues of around HUF 500 billion for the Coop-group

According to László Murányi, CEO of CO-OP Hungary Zrt., their revenues totalled HUF 500 billion in 2008, which is 14 percent more then in 2007. 158 new stores were opened...

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Slovakian and Czech markets expanding faster than inflation

Last year, FMCG sales expanded at a faster rate in Slovakia and the Czech Republic than inflation. The Schwarz group is the market leader in the Czech Republic, while the...

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Rexona Skin Care termékcsalád

The two new Rexona versions – Calming and Nutritive – provide effective protection against perspiration without irritation of the skin which makes them ideal for use on sensitive skin as...

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Stores opening

Tesco, Balassagyarmat Open: 5 December Chain: Tesco Store space: 3000 m2 SKU: 22 000 Coop, Rákócziújfalu Open: 4 December Chain: Coop Store space: 2800 m2 SKU: n. a. Tesco, Ócsa...

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New image for Mood Media

The new image of Mood Media has been developed in compliance with the international image adopted in over 30 countries and is intended to emphasise its market leading position, reliability,...

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Livening in market of refrigerated vegetables following last year’s recession

According to ConsumerScan data from GfK Hungária, sales of refrigerated vegetables and potatoes were down in 2007, but 2008 figures are expected to be up. The market of refrigerated vegetables...

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dm building a logistic centre this year

As Mariann Józsa, purchasing and marketing director has told us, the financial year starts on 1. October for drogerie markt. Sales grew at the planned rate in the first quarter....

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South-west dynamic, north-east slowing down

Among local regions, retail sales show the most dynamic expansion in the south-west, according to data from Nielsen. In the north-east, no expansion has taken place in terms of value,...

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Rexona Men Invisible Ice

With its fresh and masculine fragrance, it provides protection against perspiration throughout the day. The ingredients developed with the help of new technology minimise the occurrence of white stains on...

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Stability and development by Magyar Cukor

Though Hungary has become a net importer of sugar, Koronás Cukor, the leading local brand continues to be manufactured in the Kaposvár plant. The only remaining Hungarian manufacturer, Magyar Cukor...

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IAB Hungary established

IAB Hungary has been established by 46 advertising agencies and media enterprises, as a section of the Hungarian Advertising Association and also as the 19th member of IAB Europe (Interactive...

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Washing powder and gel producing price rise in excess of 20 percent

Retail sales of washing agents stagnated at around HUF 37 billion in the November 2007-October 2008 period. Washing agents are the largest among the 60 categories of household chemical products...

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Modernised METRO stores more customer-friendly

The average size of stores belonging to Metro Kereskedelmi Kft in Hungary is 8,000 square meters. At the end of 2008, the total number of Metro stores was 13, with...

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