News and articles
Beer companies merger cancelled?
Date: 2008-06-27 00:00:00
Anheuser-Busch Cos Inc rejected InBev NV's $46.3 billion takeover bid on Thursday, calling it inadequate, but the largest U.S. brewer left the door open to a higher bid. Anheuser's board...
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Tesco for fruit and vegetable consumption
Date: 2008-06-27 00:00:00
„The goal of the „Eat daily 3x fruit or vegetable!”action is to popular the eating fruit and vegetable between people. Tesco started the action to decrease the high number of...
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Tastes of the former Ost Block
Date: 2008-06-26 00:00:00
Penny extends its privat label offer with 160 well-known brands from the former socialist GDR (German Democratic Republic). The Rewe-owned Penny discount chain has said it is extending its ranges...
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New tax stamp for alcohol drinks from July
Date: 2008-06-26 00:00:00
The inspector can control the information on the tax stamps with a laptop and a bar-code reader direct in the store. After the electronic data recording the product's way...
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It isn't worth not to pay the TV tax
Date: 2008-06-26 00:00:00
The penalty is insignificant, but it has no sense therefore to come tax authorithy's horizon. After nowadays rules TV tax must to pay for Hungarian Tax Authority, but first...
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1% fall in EU27's retail
Date: 2008-06-26 00:00:00
For the eurozone countries the decrease was by 2.9% compared with the same month a year ago. According to a Eurostat the highest increases were observed in Romania (18%)...
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In April the domestic retail turnover exceeded HUF 508 billion
Date: 2008-06-26 00:00:00
Compared to the previous month, the volume of retail sales increased by 0.4% according to seasonally and calendar adjusted data. According to calendar adjusted data, the volume of retail...
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Environmental Friendly Companies are looking for!
Date: 2008-06-26 00:00:00
In the last six years 56 organisation with 67 tenders take part at the Environmental Economy Award. In this periode HUF 14.7 billion was saved by environmental friendly business solutions....
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Diageo to Sell Zwack Liqueur in the USA
Date: 2008-06-26 00:00:00
After a success test periode the two companies signed a royalty agreement. The selling starts in September, the costs and risks of brand building takes Deageo. This business don't affects...
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Green light from Brussels for SPAR-Plus transaction
Date: 2008-06-26 00:00:00
European Comitee approved that SPAR Hungary can buy the Plus chain. In March Spar Hungary bought the 174 stores discount chain from Tengelman. The Plus chain had HUF 100 billion...
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The Goal is 10 New Billa Store in Romania
Date: 2008-06-25 00:00:00
Romania is one of the best markets for Billa in Europe, being left behind only by Russia. According to Wolfgang Janisch, CEO of Billa Romania, the largest supermarket network on...
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EU farm union sees higher 2008-09 cereals harvest
Date: 2008-06-25 00:00:00
European Union farmers should harvest 293.32 million tonnes of cereals in the 2008-09 (July-June) crop year, up from the 254.99 million tonnes seen in 2007-08, EU farm union Copa-Cogeca said....
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Replacing HUF 200 note with coin in 2009
Date: 2008-06-25 00:00:00
The coin would be more practical and safe than the notes that generally need to be replaced every two years. Hungary's Monetary Council has decided on Monday to introduce a...
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New aseptic technology by Cryovac
Date: 2008-06-25 00:00:00
The company claims that the Cryovac FM Aseptic film delivers a lower cost per kilogramme of product when compared to competitive systems. The Cryovac Flavour Mark (FM) Aseptic FMA855 film...
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Five Hungarian Artist in Henkel Art Award International's Final
Date: 2008-06-25 00:00:00
107 Artist take part in 7th Henkel Art Award Hungarian competition. Five from them go to the final in Wien, where Artist from 29 countries show there products for the...
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Packing tender at Zwack
Date: 2008-06-25 00:00:00
The artists have to make bottle, label and logó plans for company's Nemes Pálinka-s until 15. August. Zwack is looking for a new, trendy packing for its Zwack Sándor Nemes...
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Hungarian to Drink Yearly 105 Liter Mineral Water
Date: 2008-06-25 00:00:00
The seasonality disappear, for today mineral water is basic food. According to AC Nielsen Research the Hungarian mineral water market is almost 1 billion liter /year, in value HUF...
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SPAR to open supermarkets in Croatia
Date: 2008-06-25 00:00:00
According to reports in the local press, Aspiag (Austria SPAR International AG) plans to introduce its Spar supermarket banner to the country in 2009. SPAR entered the Croatian market...
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Rewe given green light on Adeg bid
Date: 2008-06-25 00:00:00
Following the transaction, Rewe would increase their share of Adeg from 24.9 per cent to 75 per cent and thereby have sole control of the company. Rewe notified its intention...
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German business confidence falls in June
Date: 2008-06-24 00:00:00
The index fell in June, dragged down by concerns over record high oil prices, the closely watched Ifo survey showed. The Munich-based Ifo institute's business climate index fell to...
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Hungarian Egg Producers Association Restricted the Competition
Date: 2008-06-24 00:00:00
On the first stage the Judgment of Capital approved the decission of Hungarian Competition Authority that there was a kartell between the Hungarian Egg Farmers. The association of the Egg...
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Nestle stands by GM crops
Date: 2008-06-24 00:00:00
Nestle chairman Peter Brabeck has called on European policymakers to reconsider their opposition to genetically modified crops. 'You cannot today feed the world without genetically modified organisms,' the Financial Times...
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Nordzucker to Bid for Danisco
Date: 2008-06-24 00:00:00
France's leading sugar producer, Tereos, abandoned plans to bid for the Danisco business. The withdrawal is expected to leave Nordzucker as the sole remaining contender. Germany's second largest sugar refiner,...
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Korean Lotte Group to buy Guylian
Date: 2008-06-24 00:00:00
The Asian conglomerate plans to market Guylian chocolates in China, Japan and other Asian markets through its distribution network in the region. Lotte Group, the South Korean major, has announced...
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UK's Beer Sales Fall To 33 Year Low
Date: 2008-06-24 00:00:00
Thanks to the economic situation, the smoking ban in pubs, the credit crisis and loss of consumer confidence British drunk 1.7 % less. Beer sales in the UK are...
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Aldi's sales drop in Germany in 2007
Date: 2008-06-24 00:00:00
According to a study by market research institute GfK and consultancy Accenture German discount retail chain posted a decline in sales in its German home market for the first time...
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Sales rise at Sainsbury's but less than predicted
Date: 2008-06-24 00:00:00
Total sales rose 8.1 per cent in the 12 weeks to June 14, boosted by the sharp increase in petrol prices. Excluding fuel, the increase was 4.5 per cent. Underlying...
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Food Forgery is Worldwide a Big Business
Date: 2008-06-24 00:00:00
Yearly USD 500 billion comes form food forgery, more than from drug business. From September there is a new act in Hungary against food fakers. According to information came at...
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Valio Building New Dairy Facility in Leningrad
Date: 2008-06-23 00:00:00
According to local reports, the new plant, run by Finnish dairy products manufacturer Valio, is expected to start operating in July-August. The new plant, which is Valio’s second production facility...
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Sampling control in Campona Mall
Date: 2008-06-23 00:00:00
The specialists of „Heatwave Commando” checked food safety and hygenic status of products and services of the shops and restaurants in the mall. The control periode of Heatwave Commando starts...
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