News and articles

Virtual shopping can't take all

The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....

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Germans to shop more in May

German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...

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Tchibo Owners Boost Escada Stake

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

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

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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Coca-Cola Acquires Waters and Soft Drink Brands

The American soft drink giant payed USD 225 million for Carlsberg. According to the agreement, which takes effect immediately, Coca-Cola acquires Carlsberg’s mineral water brands Kildevæld and Kurvand in Denmark...

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New foam tray for packing and into oven

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

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

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

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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Nutritek Profit up 17 pct

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

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

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%

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

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

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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Hungarians consumpt less biscuit

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

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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New player in the market of digital advertising

A new company is to enter the Hungarian indoor market. Infirio Kft. intends to provide digital signage services targeted at the 18-29 age group. 200 large digital displays will be...

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Bio – our health and that of our kids

The increasing popularity of bio food is a result of the two most important trends of our decade: health and wellness. This is one of the conclusions of the global...

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Valdor poultry in ready for shelf packaging

Hungerit Zrt has launched Valdor poultry products in ready for shelf packaging. The new packaging was officially presented on 27. May. Fresh, sliced chicken products will be available in safe,...

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More colour in domestic market of decor cosmetics

Hungarian women tend to use less make up than women in neighbouring countries. Mainly foundation cream and mascara are used, while coloured products like lipstick are not very popular. According...

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Cooking oil producing highest price rise

The average rise in consumer prices was 0.3 per cent in April. Prices were 6.6 per cent higher than in April 2007. Food prices were up by 1.4 per cent...

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Gyõri Édes ZABfalatok 215 g

Delicious and crispy ZABfalatok are the first oat biscuit made by Győri Keksz....

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Házi Arany Étkezési Citromsav 15 g

Recommended primarily for making bottled fruits, especially for fruits with white flesh, to prevent browning....

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My neighbour is a brewery

„My neighbour is a brewery” is the title of the program serving as a framework for co-operation between Borsodi Sörgyár Zrt. and its environment, presented by Derek Hopkins CEO. The...

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Good egg for SPAR

Spar Magyarország Kft. has been awarded a Good Egg Award in recognition of its efforts related to the prevention of cruelty to animals. This recognition is based on a survey...

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Széchenyi Card 2 launched

The two year Széchenyi Card 2 was launched by KA-VOSZ ZRt in co-operation with its partner banks, Hitelgarancia ZRt, and the Ministry of Economy and Development on 2. June. This...

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Hygienic, multiple layer packaging from plastics

Plastics are the most commonly used packaging material for food, accounting for 50 per cent of all packaging materials in Hungary, in terms of volume. Plastics are used in three...

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Food industry in recession

Industrial production was up by 4.3 per cent in March 2008, compared to the same month in 2007. Industrial production was 6.9 per cent higher in the first quarter of...

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