News and articles
Nestle re-locates ice-cream production to Bulgaria
Date: 2008-09-05 00:00:00
The decision was taken in the wake of the company’s re-organisation but also because Bulgaria’s biggest Black Sea city of Varna is very near to Romania’s capital, Bucharest, and is...
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Reconstructions work at Sara Lee Hungary tea plant in Rákospalota
Date: 2008-09-05 00:00:00
This HUF 1 billion development follows an other HUF 800 million cost factory building in 2006. In frame of the new system mashines on 3,000 sqm must be relocated. In...
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Red pepper harvest started
Date: 2008-09-05 00:00:00
Univer Product is one of the biggest producer of Hungarian red pepper, the company's suppliers are growers in Kecskemét and near to. Because of the moistery and cold summer this...
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Dreher Premium Lager debutation in South Africa
Date: 2008-09-04 00:00:00
South African Breweries Ltd (SAB) said the launch comes hot on the heels of the successful introduction of Grolsch into the local market. As part of its European expansion, global...
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Hungarians go shopping on the weekend
Date: 2008-09-04 00:00:00
In value 10% of the weekly total sales at the hypermarkets and Cash&Carry units happens on Sunday, the share is 7% at the discount stores. According to GfK Hungaria research...
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Industry decries too complex labelling proposal
Date: 2008-09-04 00:00:00
The proposed regulation on food labelling is too complicated, makes unrealistic demands on font size, and will be burdensome for SMEs, a hearing has heard. The hearing, organised by rapporteur...
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The trade balance showed a surplus
Date: 2008-09-04 00:00:00
In June 2008, the volume of foreign trade grew moderately both in exports and imports; exports were up by 2.4, imports by 5 percent as compared to the same month...
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Industrialists want steeper tax cuts
Date: 2008-09-04 00:00:00
The National Union of Industrialists approved of the overall tax cut package but would like to see the 1.2 trillion forint (about 4.7 billion euros) cuts introduced in less than...
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Apple demonstration is over
Date: 2008-09-04 00:00:00
On the three sites meeting come an agreement about the suppliers' price: Agrana pays 0.09 euro pro one kilo industry apple to the Hungarian growers. According to Gyula Budai, director...
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Carrefour Romania doubles operating income
Date: 2008-09-04 00:00:00
In the first six months of the year, the company reported a VAT-free turnover of 427.1 million euros on the Romanian market, up 40.3% against the same time in 2007....
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InBev to Sell Oriental Brewery
Date: 2008-09-04 00:00:00
Belgian brewer InBev NV is planning to put its South Korean beer business up for sale, in an effort to shed a noncore asset and raise what could be roughly...
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Coca-Cola Company to Buy Chineese Juice Group
Date: 2008-09-04 00:00:00
The Coca-Cola Company announced its intention to make cash offers to purchase China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China....
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Stores accused of unhealthy food promotions
Date: 2008-09-03 00:00:00
The British National Consumer Council (NCC) went into the eight major chains and found that more than half of promotions were for unhealthy foods. The NCC visited eight stores in...
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Dream cars and Playboy mates from Beck's
Date: 2008-09-03 00:00:00
Four lucky beer drinker won a Volvo C30, the keys were given by Playboy's Miss July, the cover girl. The game started on 7. July. Until 31. August more than...
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Delhaize Group Closes La Fourmi Acquisition in Romania
Date: 2008-09-03 00:00:00
The Belgian international food retailer, announced today that it has completed through its fully-owned subsidiary Mega Image the earlier announced acquisition of La Fourmi, which operates 14 stores in Bucharest,...
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Carrefour on shortlist to buy Lenta
Date: 2008-09-03 00:00:00
According to French press reports, Oleg Jerebtsov, founder of St Petersburg-based hypermarket chain Lenta, is considering selling 89% of his company to the highest bidder, possibly Carrefour. Wal-Mart, Carrefour, Kesko...
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Processing against Tesco because of cheap meat
Date: 2008-09-03 00:00:00
According to the informations of Kelet-magyarországi Húsosok Kereskedelmi Kft. the hypermarket chain sell spare rib with bone for HUF 700, also this is the suppliers' price. József Fazekas, president of...
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Lidl starts construction of Bulgarian outlets
Date: 2008-09-03 00:00:00
German retailer will start building a pilot outlet in the city of Lovech, Northern Bulgaria, the company said. Work on a further five outlets will begin by the end of...
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The school year beginns with Nutrition Olympic
Date: 2008-09-03 00:00:00
The common program of Nestlé Hungária Kft. and the Hungarian Dietetic Association focuses on prevention of child obessity. School using the Nutrikid teaching program can take part on Nutrition Olympic....
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Sainsbury to push own-brand goods
Date: 2008-09-03 00:00:00
The UK consumer buys a higher proportion of own label than pretty much anywhere in the world.Sainsbury-sponsored research found that 62 per cent of shoppers said they were more likely...
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Mixed Retail Sales Across the Balticum
Date: 2008-09-02 00:00:00
Retail sales rose in Lithuania for the January to July period, but were down in Latvia and Estonia, according to latest figures from the official agencies in each country. In...
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Cryovac Mirabella® unique tray lidding system
Date: 2008-09-02 00:00:00
The package is a patented, inventive and creative packaging concept that totally changes the rules of the game for meat packed under modified atmosphere. This clever package allows product-to-film contact...
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Decline of investments
Date: 2008-09-02 00:00:00
In the second quarter of 2008 the volume of investments in the national economy – on the basis of preliminary data – decreased by 2.1% compared to the same period...
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Manufacture of refined petroleum products calls the shots
Date: 2008-09-02 00:00:00
Domestic sales prices of industry rose by 1.2% in July 2008 compared to the previous month and were 13.3% higher than in July 2007. Export sales prices of industry, measured...
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Slight German retail sales
Date: 2008-09-02 00:00:00
German retail sales including vehicles and turnover at gas stations rose by 0.6 percent on the month in July in real terms, preliminary Bundesbank figures showed. However, this followed a...
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Slovaks struggle to get to grips with euro prices
Date: 2008-09-02 00:00:00
Shops are supposed to be listing prices in both units, getting people used to the euro before formal conversion on January 1, 2009 but many are not, according to the...
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US inflation on 17 years top
Date: 2008-09-02 00:00:00
Consumer spending was down 0.4%, the largest decline since June 2004. Inflation-adjusted spending has fallen for the last two months, the first time this has happened since September 2005. Personal...
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Dell shares slump as earnings disappoint
Date: 2008-09-02 00:00:00
While revenue increased from a year ago, to more than $16 billion, Dell's profit fell 17% as the company said its margins were hurt by low pricing as it works...
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Euronics International posts record revenues
Date: 2008-09-02 00:00:00
Europe's biggest group of independent retailers in the consumer electronics market, realised record revenues of EUR 12.6 billion in the elapsed financial year. The international alliance oparets at over 11,500...
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Meat-processing plant in Mako
Date: 2008-09-01 00:00:00
Turkish-owned Duna-Doner will supply Turkish restaurants in western Europe with meat for doner kebabs. According to press information the company will begin construction of a Ft 500 million (€2.14 million)...
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