News and articles

Hungarian to Drink Yearly 105 Liter Mineral Water

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

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

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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The Goal is 10 New Billa Store in Romania

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

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

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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German business confidence falls in June

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

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

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

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

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

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

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

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

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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Soproni's Fan Flag in Győr

Until this time more tousand of fans signed the flag, which will accompany the Hungarian Waterpolo Team to the Benjing Olympic Games. Last Saturday sport friends signed the Soproni's 200...

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Imperial Tobacco to axe 2,440 jobs after Altadis takeover

Britain's Imperial Tobacco said it will cut six percent of its workforce, with France bearing the brunt of job losses, following the takeover of French-Spanish peer Altadis.   The Bristol...

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Hungarian Dairy Farmers to Protest

In Mai the procurement price of one liter milk was HUF 80, it is the lowest price, from this farmers hardly can feed their animals, paralel with this cheap import...

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Delhaize Express Clatteres in Romania

The rising number of customers and an increase in the average shopping basket helped Mega Image's growth by over 20% in 2007 year-on-year. The company, owned by Belgium's Delhaize group,...

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Valio Building New Dairy Facility in Leningrad

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

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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New Leaders at Interfruct

From June Attila Boros is the CEO of the company, Mr. Gabor Csorba is the chief executive officer of the Interfruct's owner Inter-Invest Close Company.   Attila Boros works since...

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Dynamic growth at Lekkerland's food service

From 1th of June Lekkerland services American Restaurants Kft. (AmRest)' restaurants with fresh and cold goods.   In the first fase Lekkerland attendes 23 AmRest units, but until year's end...

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Wrigley Deploys New Flavor of RFID Solution

Company is using AeroScout's technology and a Cisco Unified Wireless Network to track the location of pallets in real time at its Poznan Plant in Poland.   "The AeroScout solution...

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Häagen-Dazs to sell also in premium food stores

The whole taste offer, 24 kind of ice is to buy in Arena Plaza at the first Hungarian Häagen-Dazs unit.  The high quality of Häagen-Dazs's ice is famous in 70...

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The Future's company develops with the assistance of the customer

The enterprise of the future is capable of changing quickly and successfully, according to a summary of IBM's findings. “Instead of merely responding to trends, it shapes and leads them....

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Nestlé to buy Balaton chocolate bar brand

According to Hungarian Competition Authority (HCA) the fusion doesn't take a business superiority. This year in April Nestle Hungaria and Gyõri Keksz Kft. agreed about selling the Balaton chocolate brand...

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Three days Gasro Festival in Budapest

Every restaurants which take part at the evening shows tastes and culinary products of a country. Beers and wines alco be tasted.  On the I. Gastro Festival people can eat...

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Friesland to Develope Completta brands

In answer to the changed Hungarian Coffee drinking habits the company now takes on the market a new creamy coffee-milk. Until this summer Completa was sold only as Coffee creamer,...

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Europe to Ban Energy-Wasting Lightbulbs

The EU plans to implement a phase-out of incandescent bulbs starting next year. They'll be replaced by long-lasting compact fluorescent ones.  The European Commission is preparing a plan for a...

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