News and articles
New foam tray for packing and into oven
Date: 2008-07-01 00:00:00
Sealed Air said that its Cryovac ovenable foam tray (OFT), suitable for either microwave or traditional oven use. A new C-PET foam tray targeted at the chilled and frozen ready...
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Austrian Food Specialities debuts in New York
Date: 2008-07-01 00:00:00
The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets. More than 2,300 domestic exhibitors from around the country and the...
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New Sales Director at LLP Budapest
Date: 2008-07-01 00:00:00
Attila Biber is the second specialist, in a short periode, who arrived from Microsoft Hungary. LLP Budapest's CEO, Zsolt Ambrus also worked at computer giant. Attila Biber (42) is mathematician...
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Carrefour Slides on Reduced Profit
Date: 2008-07-01 00:00:00
Carrefour SA, Europe's biggest retailer, fell to a 3 1/2-year low in Paris trading after scaling back forecasts for operating profit and sales. Operating profit will increase at about the...
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Tchibo Owners Boost Escada Stake
Date: 2008-07-01 00:00:00
Tchibo owners Wolfgang and Michael Herz are buying a “significant minority interest'' in Escada AG, a German luxury fashion brand. The Herz brothers plan on buying shares in a...
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Consumer Spending Higher-Than-Expected In May
Date: 2008-07-01 00:00:00
US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007. Figures from the Commerce Department said the rebates helped...
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EU Tightens Import Norms on Indian Guar Gum
Date: 2008-07-01 00:00:00
The European Union has sought certification from an Indian government trade body and a laboratory on guar gum to eliminate toxin contamination. In July and August last year, 16 of...
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Hungarians consumpt less biscuit
Date: 2008-06-30 00:00:00
Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we. Hungarians eat...
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30 billion dollars a year agricultural investment needed
Date: 2008-06-30 00:00:00
The UN's Food and Agriculture Organization said 30 billion dollars (19 billion euros) will be needed every year until 2050 to stave off world hunger. Soaring food prices may reverse...
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Nutritek Profit up 17 pct
Date: 2008-06-30 00:00:00
Nutrinvestholding, the listed arm of Russian baby food maker Nutritek Group, boosted net profit by 17 percent to $26 million in the year ended March 31, 2008. Nutritek's revenue rose...
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Payable household goods in Hungary
Date: 2008-06-30 00:00:00
According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average. Within the framework of the European...
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Tesco, Asda Cut More Prices
Date: 2008-06-30 00:00:00
Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition. Tesco will cut prices on 3,000 products...
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Hungarian Beer Market grow in value by 6% and in volume by 1%
Date: 2008-06-30 00:00:00
Between June 2007 and Mai 2008 4 million hectoliter beer were sold in Hungary, it was a summe in value HUF 110 billion. According to Nielsen Research retail index 1...
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HUF 500 million marketing budget for Arena Plaza
Date: 2008-06-30 00:00:00
After a weak start the mall is now on the top, the revenues increased by 15-20% to HUF 18 billion. According to DTZ, operator of Arena Plaza, the total marketing...
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Expectations improved significantly
Date: 2008-06-30 00:00:00
In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years....
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40 years of Coca-Cola in Hungary
Date: 2008-06-27 08:00:00
Coca-Cola held a press conference on 17. June to commemorate that they have been present in Hungary for 40 years. Coca-Cola was born on 8. May, in Atlanta. The first...
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MasterCard for micro financing
Date: 2008-06-27 08:00:00
USD 740,000, one of the first donations by the Master Card Foundation is to be allocated to the development of MIXMarket 2.0, a next generation web platform for sharing public...
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Whole Foods Market in Europe as well
Date: 2008-06-27 08:00:00
Excellent quality bio foods produced without chemicals and additives are sold by the Whole Foods Market chain. It not only supports local farmers but benefits those of the third world...
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Haribo Goldbären
Date: 2008-06-27 08:00:00
In addition to the five well-known flavours, the sixth flavour – apple – has arrived....
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Manufacturing private labels no longer derogatory
Date: 2008-06-27 08:00:00
Over 1,600 companies from 70 countries attended the largest ever PLMA exhibition held in Amsterdam, on 27-28 May. We asked the managing director of Mona Hungary, Bernadett Strasser-Kátai about what...
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Absurdistan
Date: 2008-06-27 08:00:00
The condition of the economy and the urgent need for a tax reform has been on the public agenda for years. The atmosphere at the second Business Dinner was quite...
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Coffee and breakfast a success for McDonald’s
Date: 2008-06-27 08:00:00
77 million guests visited McDonald’s units in Hungary last year, generating an increase increase in revenues of 9 per cent compared to 2006. 5 new units were opened in 2007....
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Oily seed plant in Foktõ
Date: 2008-06-27 08:00:00
The plant to be built by the Glencore group will be the largest facility of its kind in Hungary with an annual capacity of 600,000 tonnes. Construction is expected to...
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Price of swine also rising
Date: 2008-06-27 08:00:00
Trends in the world markets of meat and poultry are monitored regularly by the Agricultural Business Research Institute (AKI). Data from the Market Price Information System (PÁIR) of KSH and...
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Eckes-Granini believing in strong local brands
Date: 2008-06-27 08:00:00
Thomas Hinderer, chairman of the board from the Eckes-Granini group visited Hungary in May. He discussed the international trends in the market of soft drinks with us in Siófok. –...
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Dr. Oetker Vitalis Müzli Vaníliás
Date: 2008-06-27 08:00:00
A unique flavour with natural vanilla and white chocolate in the market of cereals....
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Guest list helps in preparations
Date: 2008-06-27 08:00:00
Detki Keksz is a regular exhibitor at PLMA. According to Mrs. Juhász, Marianna Lipusz, organisation has been excellent. The list of visitors sent by the organisers before the event has...
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