News and articles

Milli One of the Most Trusted Brand in Hungary

According to Reader's Digest survey Milli is again the most Trusted Brand in Europe in dairy category, since four years company won the award. Reader's Digest Trusted Brands survey is...

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Gebruder Weiss to invest 3 mln euros in Hungary

The Austrian-owned logistics companyis planning to begin operations at a new location in eastern Hungary, which would serve exporters to eastern Europe.   Gebruder Weiss invested €4.7 million in Hungary...

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Carrefour opens its 13th hypermarket in Romania

The French retailer invested EUR20 million to its new hypermarket, but for this year it stopped the opening and focus on rebranding of the old stores.  The new hypermarket is...

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Starbucks to start in Portugal

The American Café chain is going to open its first outlet in Portugal in August on a shopping street.  During 2009 the company will then expand its presence further with...

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Audio and Visual experience at KFC

In the frame of the renovation works of Kentucky Fried Chicken units, the owner AmRest Hungary decided about investing into audio and visual attendance.  The first animated menuboard are used...

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Coface downgrades seven industry sectors

Ratings of electronic components, the paper industry, mass distribution, automobile, public works, air transport, and textiles are being lowered.   Coface is noticing a net deterioration in the payment behaviour...

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Interfruct changes leader and strategic

Calslane Holding, the owner of the company wants to continue the Cash&Carry activity. From 1 June Gabor Csorba is the CEO of Interfruct, he must cordinate the reorganisation program. In...

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Reorganisation at Electrolux Italy

The largest appliance maker in Europe said it will close its factory in Scandicci, planned to eliminate about 750 jobs.   Electrolux is cutting costs to improve profit margins and...

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Apenta Marathon for drug free Hungary

After the running competition enquirers could taste several Apenta products and enjoyed the Apenta „water plays”.  Hungary's biggest marathon run started on 12 April and an event series to attract...

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Veropoulos investment in Serbia

Greece-based company is planning to reinforces its position in Belgrade, Serbia with the aim of increasing its numbers of Super Vero stores to 15. Veropoulos has already started construction of...

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Sweety-icy business in Russia

The Estonian ice cream maker Premia Tallinna Kulmhoone has acquired Russia's oldest ice cream maker Hladokombinat No. 1 for an undisclosed sum. Based in St. Petersburg, Hladokombinat No. 1 has...

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IT System Change at Wal-Mart

The first phase of the global roll-out is expected to be completed in the next two years, with a second and third phase completed in three to five years. Wal-Mart...

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Serbia's Delta Maxi to open 10 stores in Bulgaria

Delta Maxi bought a majority stake in Bulgarian retail chain Piccadilly last year, the company would invest 70 million euro in Bulgaria over the next two years.   The group...

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Mol-CBA co-operation

From the future CBA delivers food and other products to Mol-shops, with this agreement CBA's revenue grow with HUF 1.5 billion. According to long term plans CBA could deliver not...

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Indecisive milk prices

The milk price will grow, in the purveyance domestic products and import has important part – said specialists on the „World Day of Milk” business forum.  According to Andras Mahr...

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New organic food products from SPAR

There is an every day growing demand for healthy living and eating, as answer for it in Mai SPAR increased its privat label organic sortiment: Natur Pur.  The new Natur...

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Le Cube coffee mashines – elegancy and the passion

Le Cube has a highly stylised retro design in smart Red/Black or Aluminium colour finishes.  Adjustable grate/cup holder for preparing a short Espresso or a tall Latte Macchiato. The innovative...

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Polish firm on the Russian Vodka Market

Spirits producer CEDC will pay $157 million for a 40% stake in Russian Alcohol, which will ensure the company a leader position on the Russian market.  Central European Distribution Corp....

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Sealed Air Conference about Fish Packing

Sealed Air Cryovac’s 2nd Fish & Seafood Packaging and Marketing Conference April 9-10.  Worldwide, the consumption of fish and seafood is as important as that of beef or poultry. Fish...

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We pay 20% more for chocolate bars

People with sweet tooth last year had to dip into their pocket deeper, the rawmaterial costs increased by 20% in 2007. This year the situation is the same. According to...

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Danone Launches Healthy Milk Project in Turkey

The Turkish branch of Danone, Danone Tikvesli, has inaugurated its “Healthy Milk Production Facility” in Yeniköy, in the region of Afyonkarahisar. The “Healthy Milk Production Facility” is in fact a...

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InBev Working on $46 Bln Anheuser Bid

According to Financial Times a financing package of $50 billion had already been provisionally arranged through JPMorgan and Santander.   When the two companies merge, the new company's value were...

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Informatic Developing by Pick Szeged

The new system gives up to date information about whole sales chain and the manufacturing to optimize the leader's dicission and the traders' work.   The Oracle business intelligence system...

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Coca-Cola and PepsiCo Vow to Stop Targeting Adverts to Under-12s

Concerned by child obesity, the International Council of Beverages Associations (ICBA), which represents the global non-alcoholic beverage industry has adopted new guidelines on marketing to children. The ICBA said that...

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New owner at Shopping City Süd In Vienna

The Dutch-French Hans Dujsik Privatstiftung paid 607 million euros for the retail and leisure complex, like very much by Hungarian Consumers too.  With a total surface of approximately 300,000 m²,...

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Together with the Control Authorities

Last week Hungarian Entrepreneurs's business forum continued in Southern Transdanubia region, in Pecs.   Entreprenuers bad leading systems, attitude by non following the rules, the over controlled firms and the...

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Retail sales fall off

According to Central Statistic Office the calendar adjusted data, the volume of retail sales decreased by 3.7% in March, and by 3.1% in the first quarter of 2008 compared to...

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Kaufhof prepares to become independent

Metro earlier said it no longer sees Kaufhof's 126 domestic outlets and 15 stores in Belgium as part of its core business, but so far has not said what options...

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Delhaize Reiterates H2 Profit Forecast

Delhaize has reiterated that it expects profit growth in the second half of the year, and maintained full-year forecasts.  Delhaize expects EBIT to grow by 6 to 8% this year,...

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