News and articles

Zwack Manufaktúra House at VOLT Festival

The most popular drinks were the limited edition of Kosher apricot with honey and peach palinkas – designed direct for the event.   77,000 people arrived to Sopron to hear...

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New F&B director at Birdland Resort

Tibor Mészaros is liable for increasing quality at Resort's catering services in frame of a reorganization program.  The famous specialist leads from now 3 restaurants, 5 bars, 2 kitchen and...

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Carrefour is intended to buy Karavan

The second largest chain of food hypermarkets is negotiating the purchase of the controlling stake of Karavan hypermarket chain in Ukraine.The owners of the chain estimated 100% of its cost...

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Cheap import and tax reduction could decrease the food price

According to common research of Kopint-Tárki Konjunktúrakutató Intézet Zrt. and AgrárEurópa Tanácsadó Kft. in long periode we have to be ready for high food prices.   The specialist said because...

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The Total Warning was Spare and Wrongdoer

According to Trade Union of Meat Processor Workers the Pápai Hús Zrt. wrongs the Book of Work Law.  The Trade Union ask the National Authority of Work to examine the...

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Online Sales Up 60% In Romania

Romanian online sales rose to E25m in the first six months of 2008, according to figures from RomCard. The number of transactions amounted to 300,000, while the average value of...

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Nestle Water to Build EUR 7 Million Plant in Portugal

Work on the new facility in Coruche will start next week, with production beginning some time in 2009.  Nestle Waters Direct has announced it will build a new plant costing...

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Danisco Cultures Invests in Kefir

Danisco has completed in a major expansion of its kefir culture processing plant in Olsztyn, Poland, more than trebling capacity to meet the growing international demand for kefir products. The...

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The Deficit May Be Even Lower Than Planned

Substantial improvement in the internal and external equilibrium this year with real wages in the business sector already climbing while inflation and interest rates remain high. The forecast prepared by...

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HUF 14 billion Ice Tea Market in Hungary

According to Nielsen Research the sales of ice tea grow in volume by 23%, in value by 19% between Mai 2007-April 2008. The most popular taste are lemon and peach,...

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Wal-Mart Faces $2 Billion Labor Law Trial

The lawsuit is one of more than 70 cases, including class actions, or group suits, in which Wal-Mart has been accused of wage-law violations.   Wal-Mart Stores Inc. broke Minnesota...

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LEGO Group takes over production from Flextronics in Hungary, Mexico

The largest toymaker in Europe, has announced that it is taking over LEGO production from contract manufacturer Flextronics in Juárez, Mexico and Nyíregyháza, Hungary.  The LEGO Group and Flextronics have...

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Nestlé to sell prime property in Budapest

Nestlé has decided to sell a 2,500-square-meter property in Budapest with a panoramic view of the Buda Castle, the Chain Bridge and the Pest skyline.  Nestlé is selling the property...

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Barilla raises pasta prices 40 pct in 18 months

The price of pasta in Italy was up 22.4 percent in June from the year before, while the price of bread rose 13.0 percent. Prices of durum wheat used for...

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Association of Hungarian Farmers accuse forestallers of cartell

Farmers protest against the low price of sourcherry in front of Hungarian Parliament.  The farmers said the forestallers pay only HUF 50-60/kilo for sourcherry, what is only half of the...

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Private label organic foods lead in German market

New Nielsen data shows that German consumers have doubled the number of organic food items they have purchased in the past two years.   Retailer brands have gained a larger...

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Huge fine for Dia in Greece

According to local press reports the Competition Committee has imposed a penalty of EUR5.1 million on Carrefour-owned Dia. The discounter was forcing the franchisees to sell their products at certain...

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Target: Costumers younger than 18 years old

A new conference about youth will be organised in October under the subtittle „Do we understand what about our children speak?”. The is a research about youth segmentation, subcultures etc....

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Starbucks to fire 12,000 employees

Starbucks will close 600 stores in the United State of America, most of them opened after the start of fiscal 2006.  The Seattle-based company said in a release that it...

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Nike profit up by 12%

Revenue grew only 4% in the U.S., 19% in the European region, 39% in the Asia Pacific region and 30% in the Americas region. Nike posted better than expected net...

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Friesland to Develop New Proteins for Boosting Immune System

Friesland Foods, Lactive and Animal Sciences Group of Wageningen UR are jointly researching new proteins that play a part in boosting the immune system.  Friesland Foods Domo s expertise in...

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Anheuser-Busch Faces Shareholder Lawsuits

Some Anheuser-Busch Cos Inc shareholders have filed lawsuits seeking to force the U.S. brewer to fairly consider the $46.3 billion takeover bid from InBev NV, according to court documents obtained...

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Lefelé módosította várható profitját a Marks & Spencer

The retailer posted profits of £1bn last year and analysts were expecting profits of around £870m this year.  Overall M&S's UK sales were down 5.3% in the 13 weeks to...

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Dutch smoking ban

A tobacco smoking ban came into force Tuesday in cafes, bars and restaurants throughout the Netherlands.   While patrons are no longer allowed to light up cigarettes, they can still...

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Hungarian Companies are more Pessimistic

The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter.  Ecostat's TOP-100 index for sentiment at...

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Tesco Donation for Salva Vita Foundation

Since 2003 the British retail company sponsors every year a program or organisation which help disadvantaged people to make their life better. Last year Salva Vita Foundation's „Workplace program” won...

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Lipton's New Promotion with Yellow Dressed Policemen

The in June started action focus on the new, fresh, lemon taste of Lipton.   Yellow dressed health policemen run in the city wiht a yellow Ford Crown Victoria police...

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Virtual shopping can't take all

The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....

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Germans to shop more in May

German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...

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Auchan to Open Next Unit in Miskolc

The new ecofriendly hypermarket will be less high as the others and has special heating and cooling technology.   The next Auchan hypermarket, which opens in last quater of the...

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