News and articles
EU pressures general labeling
Date: 2008-01-30 00:00:00
Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce. The European Union's...
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Russia to extend food price freeze
Date: 2008-01-30 00:00:00
Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1. The freeze on prices for bread, milk, sunflower oil and eggs is designed to...
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Hungary's industrial producer price rose by 1.6% year on year
Date: 2008-01-30 00:00:00
According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...
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Henkel Awards for research and technology invention
Date: 2008-01-30 00:00:00
Finally, eight interdisciplinary project teams were chosen to receive the coveted prize. The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...
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Fast growing on-line shopping all over the world
Date: 2008-01-30 00:00:00
Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either. Nielsen says more than eight out...
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Espresso and cappucino are the most popular coffees
Date: 2008-01-30 00:00:00
According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...
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Spring time opens the M1 Outlet & Shopping Center
Date: 2008-01-30 00:00:00
The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...
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HUF 45 million food was donated in Spar stores
Date: 2008-01-30 00:00:00
Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone. Last in the Christmas action 130...
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Tommy Hilfiger halts flotation
Date: 2008-01-29 00:00:00
The move could also prompt a rethink at other high-profile fashion brands, such as Prada and Salvatore Ferragamo in Milan. Hilfiger, viewed as an all-American lifestyle brand and famous for...
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Food companies must to go greener
Date: 2008-01-29 00:00:00
At least 30% of shoppers look for environmentally friendly products and packages in the US. Fearing retribution from environmentalists that could taint their brands, Kraft and Sara Lee are among...
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New CEO at LLP Budapest
Date: 2008-01-29 00:00:00
Zsolt Ambrus works from 1 March, he was the former division leader of Microsoft Dynamics Hungary. The specialist worked for Oracle, than in 2003 he joined to Microsoft Hungary, first...
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Tesco to Open `Express' Convenience Stores in China
Date: 2008-01-29 00:00:00
Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China. Tesco, Britain’s...
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Carlsberg will sell words most expensive bottle of beer for $400
Date: 2008-01-29 00:00:00
The Vintage No. 1. is an exclusive beer where there will only be 600 bottles for 2008 Danish kroner in three exclusive restaurant in Coppenhagen. Apparently the 10.5 percent proof...
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Brau Union to buy minority investors' shares
Date: 2008-01-29 00:00:00
According to its option Brau Union AG buys out the rest 0.36% share of the company. Heinken offers only HUF 8,887 per share, paying until 15 Februar trough Raiffeisen Bank,...
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Carrefour posted the biggest year-on-year sales increase in 2007 in Romania
Date: 2008-01-29 00:00:00
The French group reported 866m-euro sales last year, up 54.5% from 2006. Carrefour turnover evolution in Romania comes as a result of the expansion of the hypermarket network in 2007...
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Last Sardine Plant in Norway to Close Down
Date: 2008-01-29 00:00:00
A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production. The plant produces more than seven million tins of sardines a year and more...
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Coop- Franchise chain of 2007
Date: 2008-01-28 00:00:00
The Hungarian Franchise Association' award was given at a gala evening on Friday. The 11 years old Coop got the award of Franchise chain of the year 2007. The...
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Kraft instant coffee plant to Open in March
Date: 2008-01-28 00:00:00
American food company invested $100 million into construction in Russia. The plant in Gorelovo will produce 5,000 tons of instant coffee a year. The new plant is located in close...
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Tea pyramid from Russia
Date: 2008-01-28 00:00:00
Food giant Unilever has started the production of Lipton tea in pyramid packs at its St. Petersburg 'Tea Packing Factory'. According to company's satement to produce pyramid packs, a...
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Sephora To Open In-Store Cosmetics Shops ít M&S in UK
Date: 2008-01-28 00:00:00
The possible joint venture would be based on a model employed by Sephora in the US, where it has shop-in-shops with JC Penney. Marks & Spencer is in provisional talks...
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Recommended Cash Offer for Scottish & Newcastle plc
Date: 2008-01-28 00:00:00
The boards of Scottish & Newcastle plc have reached agreement with a newly incorporated company jointly owned by Carlsberg A/S and Heineken N.V. Under the terms of the Offer,...
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Danubius Hotels to plan only operation in Marcali Hotel
Date: 2008-01-28 00:00:00
Hungary's hotel operator Danubius Hotel Nyrt. has announced it has sold its ent56.7% stake in Marcali Hotel Kft.. Marcali Hotel Kft. is planning the building of a spa hotel in...
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Cartelism at plastic packiging plants
Date: 2008-01-28 00:00:00
The Hungarian Competition Authority spys by Linpac Plastic Hungária, Propack and Petruzalek Ltd., one Slovakian and an Austrian company is involved too. Accoriding to Hungarian Competition Authority the within named...
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Electornic nose against stinky meat
Date: 2008-01-28 00:00:00
The SensorFresh takes 2000 readings in under a minute and so analyze the air around the meat. The mashine is avalaible by internet. The sensor's built-in fan draws in the...
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Sümegi and Sons Winery exports to China
Date: 2008-01-28 00:00:00
Companies agreed about wine processing and jointly sales in China. According to the agreement Keller Ltd. (Sumegi and Sons Winery) started the export last Q of 2008 , yearly more...
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Five years 22 McCafe
Date: 2008-01-25 00:00:00
The biggest market player of the Hungarian Caffee market plans dynamic growthing and not care for rivals. The first McCafé started in 2003 in Hungary, last five years 21 was...
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New sales director at Sara Lee Hungary
Date: 2008-01-25 00:00:00
The specialist worked as head of sales at Borsodi Beer. From 1. January Zsolt Mihalyff is the sales director at Sara Lee's retail division. The specialist is working in retail...
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Coface, Islamic Corporation to Upgrade Trade Credit Coverage
Date: 2008-01-25 00:00:00
Coface, a major guarantor of trade credit, announced that it has reached a cooperation agreement with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The ICIEC...
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METRO Group: New competencies within Management Board
Date: 2008-01-25 00:00:00
Frans Muller takes over as CEO of Metro Cash & Carry, the former director Thomas Hübner leaves for health reason. Frans Muller joined METRO Group in 1997 as Country Manager...
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