News and articles
21th OBI store opens in Sopron
Date: 2008-01-17 00:00:00
The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions, the offer is wide, more than 10,000 products assortment are on the shelves....
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Tesco to ban Uzbek cotton in response to child labour abuses
Date: 2008-01-17 00:00:00
Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes. The Environmental Justice Foundation...
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Rounding errors at 1-2 forint coins withdrawal
Date: 2008-01-17 00:00:00
Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...
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New HR director at SIO-ECKES Ltd.
Date: 2008-01-17 00:00:00
Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...
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Real wages decreased by 4.7%
Date: 2008-01-17 00:00:00
Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year. 2 million 765 thousand persons were...
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Marketing director joined to TV2 management
Date: 2008-01-17 00:00:00
Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...
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From Januar all local business tax breaks and exemptions eliminated
Date: 2008-01-17 00:00:00
In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications. Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...
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Only one week to 5th Wine tourism Summit
Date: 2008-01-17 00:00:00
The visitors of the event on 24th January meet leader of 30-40 Hungarian winery in the House of Hungarian Wines. It is the 5th opportunity for wineries, wine houses and...
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Video ads at grocery carts by Microsoft
Date: 2008-01-16 00:00:00
Customers with a loyalty card will be able to log into a Web site at home and type in their grocery lists. The software maker spent four years working with...
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Commission encourages development of 'innovative' foods
Date: 2008-01-16 00:00:00
The European novel food regulation could bring the waiting time from around three years to just one for the applicants. This proposal aims to create a more efficient and practical...
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Canon scanners under new brand name
Date: 2008-01-16 00:00:00
ScanFront, DR- and CR-scanners got a new brand name imageFormula from January. Canon collected the products under one brand name and makes a new marketing strategy for them....
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Non-GM Label on Germany Food
Date: 2008-01-16 00:00:00
Germany will introduce a special label for food that hasn't been genetically modified. Agriculture State Secretary Gert Lindemann said the new “non-GM” label will apply not only to non-genetically-modified crops...
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Heineken Acquires Brewery in Nord Africa
Date: 2008-01-16 00:00:00
The current growth of the Algerian beer market is approximately 10% per year, per capita consumption is 3.2 litres. Heineken acquires Tango sarl from the Group Mehri. The company employs...
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Gherkins cured with mouse
Date: 2008-01-16 00:00:00
The Slovene Mercator retail chain has to recall jars of pickled gherkins made by Hungarian Parmen Ltd., because a jar containing mouse remains. Mercator started preparing the documentation for the...
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The Superbrands are more known and attractive as other brands
Date: 2008-01-16 00:00:00
The Brand Potential Index is high at meat and healthy products, but also at community portals. The Superbrands Hungary ask GfK Hungaria to research the brand knowing and the attitude...
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Daily 300,000 „Turo Rudis” by the time the Olympic Games
Date: 2008-01-15 00:00:00
In mid January EU-Milk Technologies Kft is to start up a Chinese production line. Within a year a combined Hungarian and Chinese company is expected to operate Rudis (a chocolate...
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(HU) Sikerrel debütáltak a magyar borok a Wine Profession kiállításon
Date: 2008-01-15 00:00:00
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Henkel sells its the industrial-water-treatment business
Date: 2008-01-15 00:00:00
Israel Chemicals Ltd.'s subsidiary BK Giulini agreed to pay 60 million euros fo rthe unit. Currently, HWT employs 180 people in sales, service, research and development and in the production...
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(HU) Erősödnek a vegyiáru üzletek, de még mindig a hipereké a főszerep
Date: 2008-01-15 00:00:00
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In November 2007 the industrial gross output increased by 5.5%
Date: 2008-01-15 00:00:00
The volume of the production was higher by 8.2% in the first eleven months of 2007 than in the same period of the previous year. The industrial export sales grew...
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Consumer price are increased higher az waited in December
Date: 2008-01-15 00:00:00
In the food sector the prices of procecced products growth faster as the prices of comestible. In December 2007 consumer prices increased by 0.4% compared to the previous month and...
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Marketside – Wal-Mart's answer to Tesco
Date: 2008-01-15 00:00:00
The American giant retail company opens small-format grocery stores in Arizona to rival British retailer Tesco's Fresh & Easy markets. The pilot stores are roughly 20,000 square feet in size...
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Succesful jubilee year at Beiersdorf
Date: 2008-01-15 00:00:00
In the year of its 125th anniversary, the Beiersdorf Group once more achieved record preliminary results with sales of € 5,507 million and an operating result (EBIT) of € 683...
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Malls at the country side
Date: 2008-01-15 00:00:00
According to Association of Hungarian Malls this year more shopping centers will be opened outside of Budapest. Center Invest Ltd. plans 5 malls: in Godollo, Kaposvar, Keszthely, Nagykanizsa and Gyongyos....
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Industrial expectations deteriorated, consumer confidence improved
Date: 2008-01-14 00:00:00
The seasonally adjusted GKI Economic Sentiment Index increased a little in December. The survey of GKI Economic Research Co.– supported by the European Union – shows that after a significant...
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XXXLutz acquires Hungarian peer Sconto
Date: 2008-01-14 00:00:00
One of the Budapester Sconto store, and the one in Miskolc will be Möbelix discount. The company plans 2-3 further stores in 2008. From 1. of April Möbelhandels GmbH, affiliated...
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Cloned Food to sell in Europe
Date: 2008-01-14 00:00:00
Meat and milk from cloned animals is probably safe for humans, the European Union's food safety agency said in a preliminary report. "Based on current knowledge, there is no expectation...
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Moskow to enrich its Food Producing
Date: 2008-01-14 00:00:00
The transfer of arable land owned by the Defense ministry to agricultural producers will be speed up. Russian First Deputy Prime Minister and most likely future president Dmitry Medvedev called...
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