News and articles
Metro Group launches efficiency programme
Date: 2009-01-21 00:00:00
The Group’s structures will be simplified to realise the maximum growth momentum and customer orientation while significantly reducing costs. 15,000 of staff will be fire. Metro Group in Germany has...
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Saturn to expand in France
Date: 2009-01-21 00:00:00
Metro Group-owned consumer electronics superstore banner Saturn in France is due to roughly double its store count to 60 by the end of 2011. According to Lebensmittel Zeitung the operation...
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SPAR Netherlands to increase store chain
Date: 2009-01-21 00:00:00
SPAR in the Netherlands has said it wants to open 20 to 30 new grocery stores over the year 2009. In 2008, turnover increased by nearly 25% up to EUR630...
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Penalty due to misleading ads and broken promissies
Date: 2009-01-21 00:00:00
Hungarian Compatition Authority imposed a fine on three big retailers in total value of HUF 14 million. Tesco have to pay HUF 10 million fine because misleading ads in its...
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Wal-Mart Pulls Out Of Nielsen's PRISM Initiative
Date: 2009-01-20 00:00:00
Researcher says original marketer and agency backers of PRISM continue to support the initiative, too, including P&G, Unilever and Kraft. Wal-Mart is pulling out of Nielsen's PRISM (Pioneering Research for...
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Delhaize Group reports 15.8% sales increase
Date: 2009-01-20 00:00:00
The retail group has more than 2600 stores in the world, the sales of the company reached EUR5.4 billion in Q4 2008, compared to EUR4.6 billion for the same period...
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Packaging with laser technology
Date: 2009-01-20 00:00:00
This new Darfresh® laser technology cutting system by Cryovac brings innovative pack design and higher process flexibility to customers. Valex adopted the Darfresh® laser technology in 2007. The company packages...
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Cold-storage plant to built in Simontornya
Date: 2009-01-20 00:00:00
In the new built plant of Hungaro Berry Kft. yearly 3-4,000 tons of sour cherry and elder will be frozen. The company sells to fruits for processors in West-Europe. The...
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EU plans global food stock chain
Date: 2009-01-20 00:00:00
European Parliament call on the EU to take the lead in establishing a global food inventory regime and a global system of food stocks in order to provide adequate advance...
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EU restarts export subsidies for dairy
Date: 2009-01-20 00:00:00
This week the European Union restarts export subsidies for butter, cheese and milk powder to help dairy producers hurt by falling prices. The European Commission said it would also buy...
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Forrest Papír's plant developing cancelled
Date: 2009-01-20 00:00:00
Company said the reason for cancelling the investion is only partly the financial crisis, Forrest Papír see now better possibility for growth if they stain in the rent construction. The...
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Not the penalty is the cardinal goal
Date: 2009-01-20 00:00:00
According to business daily Világgazdaság, the authority leaves time for the hospitality industry to get used to the new rules of inventory. There is a panic between the caterers because...
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New Managing Director at Friesland
Date: 2009-01-19 00:00:00
Due to the successful FrieslandCampina merger Jack Castelein has been appointed to the position of Managing Director Branded Cheese for the business group Cheese & Butter of FrieslandCampina. His duties...
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DM to open first store in Bulgaria
Date: 2009-01-19 00:00:00
Five to seven stores are reported to follow in the course of the year, the next ones in Vidin and Yambol. German drugstore retailer dm is expected to open its...
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Accelerating competition between retailers lead by discounters
Date: 2009-01-19 00:00:00
Aldi and Pennydropped their prices by up to 19% on a range of products, including vegetable oil, bread, cheese and yogurt. German food giant Edeka has announced that it plans...
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No agreement about the food codex
Date: 2009-01-19 00:00:00
The commitee, co-ordinated by Ministry of Agriculture reassemble on 26th January. Members of the commitee are specialist of the ministry, representatives of the farmers, producers and retailers. Some of the...
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Multinational retailers won the biggest at last years Christmas attack
Date: 2009-01-19 00:00:00
According to marketingcommando.hu, the best Christmas season had those entrepreneurs which have a big number of customers from business sector and in their offer the are more service as products....
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The most Hungarians don't borrow
Date: 2009-01-19 00:00:00
According to Szonda Ipsos research, made between October – December 2008, Hungarian inhabitans wait for an extending, 18 months long financial and economic crisis. 72% of the Hungarians said they...
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Trade mark for Hungarian pork
Date: 2009-01-19 00:00:00
The logo could be legal trade mark in 2009, but the introduction needs at least two years and large marketing budget. According to business daily Napi Gazdaság, first of all...
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Zwack pays interim dividend
Date: 2009-01-19 00:00:00
Hungarian distiller Zwack has unexpectedly announced that it will pay interim dividend in the amount of HUF 1,300 per ordinary and redeemable liquidation share that is altogether HUF 2.6455 billion....
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Carrefour reports 6.3% sales increase for 2008
Date: 2009-01-19 00:00:00
Carrefour gross sales grow to EUR97.6 billion at constant exchange rates for 2008. This was below Carrefour’s revised target of 6.5% increase. In France, total sales of EUR42.5 billion reflected...
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Places of retail decreased by 5,000
Date: 2009-01-16 00:00:00
According to Hungarian Central Statistical Office on 30. June 2008 the number of retail places were only 160,000, it is 3% less as a year before. But the total retail...
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New owner will built plaza near to the Hungarian Airport
Date: 2009-01-16 00:00:00
The former developer of the old russian solder garrison near to Budapest Airport, Airport City Plaza Kft. is since December 2008 under liquidation process. According to business Daily Napi Gazdaság...
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Shifters spend more – but at the competitor
Date: 2009-01-16 00:00:00
A new, valuable category of consumers called the “Shifters” — shoppers who move their purchases to new retailers — which will open up new windows of opportunity for retailers. A...
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Last year's inflation in Hungary 6.1%
Date: 2009-01-16 00:00:00
In December 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 3.5% compared to December 2007 – published the Hungarian Central Statistical Office. In December...
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The production of food decreased considerably in November
Date: 2009-01-16 00:00:00
According to national statistic office in November 2008, industrial gross output decreased by 12% compared to November 2007, the index adjusted for working days declined by 9.9%. The volume of...
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Hungarians drink beer
Date: 2009-01-16 00:00:00
44% of our citizens never drink alcohol – according to a survey by GfK made in 2008 autumn. To study the issue, the Wall Street Journal asked market-research firm GfK...
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Capsule coffee spreads
Date: 2009-01-16 00:00:00
The mashines in value HUF 40-100,000 are mostly bought by firms instead the big and expensive drink automates. According to a prognosis published in Frankfurter Allgemeine Zeitung, in the next...
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Germans are optimistic
Date: 2009-01-16 00:00:00
Most Germans say they are optimistic for 2009 as it will affect them personally while being downbeat for the country’s prospects as a whole, a Forsa poll showed. Due to...
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New owner by Salamander shoes
Date: 2009-01-16 00:00:00
The family business Ara will be the 3th owner of the company in last 5 years. The family entrepeneurs ara get the Salamander and Lurchi brands and firms store chain...
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