News and articles

Tradition and modernity – Lounge Editon 2007 arrived

In Hungary only 60 bottle of newest Grand Marnier are available in retail. Lounge bars are the theme of this year 's limited edition, which is the fifth in the...

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Yearly 130 millio kilo meat of pork is bought on black roads

According to specialist of meat industry said: it will be 25% price increase in Europe in 2008.  The members of the Hungarian Meat Association said they have to survive 10%...

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Americans give less money for Chirstmas

The holiday sales season may be the grimmest for U.S. retailers in at least five years said specialists.  High gasoline and home heating prices, as well as levels of consumer...

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SABMiller to pay the holland Grolsch for Euro 816 million

SABMiller sees significant potential across Africa and Latin America, where the premium segment is still in its infancy, and in the more developed markets of Central and Eastern Europe.  ...

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Marketing education on IFE-Foodapest

The new founded Club of Marketing Consultants organise presentations during the exhibation's periode. There are several presentation on 20 and 22 November and a half day seminar is waiting the...

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Strong food security control in Christmas period

The authority works normally with 800 people, in December with 2,000.   The supervisors check the traceability of the products, the logistic conditions, the quality control, the waste managment etc....

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Every European food must be labelled with GDA in three years

The EU would bind the producers to show the food's sugar, salt, fat content. According to a Union plan the content must be written for 100 gramm and for each...

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Agrana to concentrate refining activities at the Kaposvár facility

The second Magyar Cukor refinery at Petöhaza will be closed.   In the course of the latest reform of the EU sugar market regime, talks are currently taking place in...

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Instead choco Santas Hungarians buy „szaloncukor”

According to Gfk Hungaria ConsumerScan datas the demanf for Hungarian christmas candy „szaloncukor” growth in 2006, but 2% less Santas from choco were bought.  In the last seasson 4% more...

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5% revenue increase at Lego

In Germany the company has 12% market share. Despite forecasts that sales would fall in 2007, the LEGO Group sold 5% more during the first half of the year than...

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Fornetti to Expand Output

With a view to cater for growing demand from Bulgaria and Romania, the company plans to expand the capacity of its plant by 250-300 tons per month. To reach its...

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Hershey to Close one of its American Plant

A Naugatuck factory where candy bars such as Mounds and Almond Joy have been made for 85 years, is shutting down for good. The shift is part of an overall...

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Reorganizations at Kraft Foods

Kraft FoodS Inc. said it will close its Cobourg, Ont., manufacturing facility by October 2008.  The Northfield, Ill., food company has 380 employees at the Cobourg plant, which makes cereal,...

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Plus and Netto Marken-Discount to Form Joint Venture

The Tengelmann Group will in future be cooperating closely with the Hamburg-headquartered EDEKA Group.  The new company in which EDEKA has a 70 percent stake and Tengelmann 30 percent will...

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Renovation program for one million USD at Holiday Inn hotels

All Holiday Inn hotels, more than 3,000, open or under development are expected to have implemented the relaunch programme by the end of 2010, with the first due to open...

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Bank of the year 2007- CIB Bank is on the top

Mastercard Bank of the year 2007 competition's second place is MKB's, the third is for OTP. The most sympathetic bank for the public was Raiffeisen Bank. Most of the biggest...

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Hungary's biggest shopping centre opens

After two weeks and 3 hour lag yesterday Arena Plaza opened its gates. People run to buy cheap flat tvs and other discount price products. The 180,000-square-metre Arena Plaza will...

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Slackly developing on hypermarkets

According to Nielsen Research Company this year until November 11 new hypermarket were opened, last year, there were 17, two years before 15 new hypermarket opened its gates. There are...

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Food price increase in EU

European prices for bread, cheese and other food increased in October at the fastest annual pace in more than five years. Food-price inflation in the 13-nation euro region accelerated to...

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London to ban the free plastic bags

Shoppers in British Capital could soon be forced to buy reusable carry bags as part of a push to ban free throwaway plastic bags. A group of 33 local London...

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Soybean price on the top, near to the 20 years old record

China wants to buy in big volume, it riese the prices on the global market, now it stand at 10.7 USD a bushel. Soybean futures jumped sharply on the Chicago...

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Adding carbon monoxide to meat packages devices congressmen in the US

Last week there were several scandals in the US, a few days ago 500 tons of meat must be recalled because of e-coli.  Meat manufacturers has used a process to...

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IFE and FOODAPEST together

Food industry meeting point of east and west on 20-22 November in Hungexpo Budapest.  IFE Foodapest is the new annual international trade fair for food, drink and hospitality professionals in...

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Profits boost for Sainsbury's

First-half profit climbed 27 percent on increased organic food sales. The supermarket giant has a 4.7 per cent increase in turnover to £10bn. Pre-tax profits came in at £240m for...

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Szechenyi Card 2 to come

The government will not close the Szechenyi Card's interest subsidy, the card will be renewed.  The minister of economy Janos Koka said, the government give interest subsidy until 31. December...

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Joint venture between Sealed Air and Teknick Packaging Group in Turkey

The newly established joint venture aims to be one of the largest food packaging company in the region.   Teknik Packaging Group, one of the leading packaging groups in Turkey,...

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Hungarians are trustless, but 25% of them never see what to eat

According to TARKI and Image Factory research 75% of the costumer in Visegrad countries check the warranty period, but only the half of them listen to components.   There are...

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Gross domestic product growth

The increase was 0.3 percent as compared to the preceding quarter, by the seasonally adjusted data. According to the joint preliminary estimation of the HCSO and Ecostat the gross domestic...

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