News and articles
New system for collecting PET bottles
Date: 2009-02-05 08:00:00
CORA has been the first to introduce a new system for collecting disposable PET bottles in Hungary. The system is based on the patented THERMO PRESS technology which reduces the...
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Auchan boosting number of its hyper markets outside Budapest
Date: 2009-02-05 08:00:00
According to Katalin Gillemot, communications director of Auchan Magyarország Kft., they succeeded in meeting sales targets in 2008 and also in increasing the number of shoppers. Average basket value dropped...
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Dropping consumer confidence and willingness to purchase
Date: 2009-02-05 08:00:00
According to a recent survey conducted by GfK Hungária and Corvinus university, consumers are very pessimistic regarding short term prospects. In December 2008, the consumer confidence index was down by...
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Rexona Fine Fragrance Collection
Date: 2009-02-05 08:00:00
The three new Rexona versions – Shiny, Sexy, and Happy – remind us of the world of perfumes. They also provide protection against perspiration throughout the day....
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In one month Cora shoppers shrinked 25,000 PET bottle
Date: 2009-02-05 07:52:00
The CORA started THERMO PRESS shrinking program was very successful, people took a lot of PET bottles to Cora Törökbálint and CORA Budakalász in January. The shrinking mashine, developed by...
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Hungarian wine borne down French wines in Denmark
Date: 2009-02-05 04:11:00
Vylyan Winery from Villány is Winery of the Year, according to Danish Vinbladet magazine. This is the first time that a Hungarian winemaker has been selected No. 1. at Vinbladet...
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Hungarians at Fruit Logistica 2009
Date: 2009-02-05 03:20:00
This event gives excellent possibility of introducing the Hungarian vegetable and fruit sector. FRUIT LOGISTICA 2009, the biggest-ever international produce industry trade event is open in Berlin. From 4 to...
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TESCO to open 137 stores in Central Europe
Date: 2009-02-05 02:37:00
UK retailer Tesco plans to open over 130 new stores this year in Central Europe, in Hungary, in Poland, in Slovakia, in Czech Republic and also in Turkey. Czech newspaper...
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Plaza Centers buys controlling stake in Sofia project
Date: 2009-02-05 02:30:00
The Dutch-registered property developer that focuses on Central and Eastern Europe, said that it acquired 51% stake in a 75 000 sq m project in Sofia. Plaza payed 2.78 million...
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Mercator to invest 3 million euró in Bulgaria
Date: 2009-02-05 02:14:00
The company’s first Bulgarian outlet will be located at the Galeria shopping mall in Stara Zagora in the south of the country. Mercator has announced plans to open its first...
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Burberry opens children fashion store in Istanbul
Date: 2009-02-05 01:57:00
The British fashion concern closes plant in UK, but expands abroad. Company alert decreasing sales in the las quater and closed it second plant in the UK, but the expansion...
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Paper bag is not a real option
Date: 2009-02-04 10:16:00
According to datas of Hungarian Trade Association the food industry and the retail sector has HUF 10 billion extra costs because of the new green tax. György Vámos, secretary of...
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Thanks for SIÓ! – starts in February
Date: 2009-02-04 10:13:03
Since this month there are on the shops' shelves the 1.5 l SIÓ products joined to the charity program. Consumers who buy them can help pupils to get new school...
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Creamy quark in extra size
Date: 2009-02-04 10:01:00
Frisland Hungaria's Milli Mia product line has now 2 new tastes in XXL size. Creamy quark with vanilla-raisin and cake taste are popular. Creamy sweet quark is one of Hungary's...
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New manager at Szentkirályi Ásványvíz Kft.
Date: 2009-02-04 09:51:06
From 7th January the company has a new operative director called István Matus, who takes the domestic works from Balogh Levente, onwer and CEO of the company. Mr. Matus is...
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Strategy for saving 100,000 jobs in Hungary
Date: 2009-02-04 09:32:28
Social and Labor Affairs Minister Erika Szűcs said the government has HUF 16 billion domestic source for crisis-management strategy. Enterprises can apply for job-preservation support from the regional funds beginning...
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METRO has no plans to sell Galeria Kaufhof
Date: 2009-02-04 09:11:33
According German press informations the company is currently working on floating Media Markt/Saturn and considering divesting its Real hypermarket chain. The sale of Adler is close. Metro CEO Eckhard Cordes...
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Insurance from Lidl Italy
Date: 2009-02-04 08:37:35
The Italian branch of Lidl has proved to be creative in offering online services. Before, Lidl Italia launched electricity service under lidl-energia.it and holiday trips on lidl-viaggi.it. Schwarz-owned discount retailer...
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In spite of recession Briton shoppers will Spend More On Quality Food
Date: 2009-02-04 08:34:44
According to MealSavers.co.uk survey among 4,380 peopel consumers aren’t going to let the recession reduce the quality of the food they eat. People are cutting costs during the recession, but...
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People eat healthier in the UK
Date: 2009-02-04 08:15:06
British consumers are benefitting from the food industry's salt reduction efforts, according to new data from leading market insight provider, TNS Worldpanel. Between September 2006 and September 2008, shoppers bought...
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Retailers modify supplier contracts
Date: 2009-02-03 10:35:00
After an inspection of the Hungarian Competition Authority (GVH) some retailers (Cora, Auchan, Metro, Profi and Csemege Match) undertook to align its suppliers contrats to the competition and the retail...
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Company liquidations rise to record high in January
Date: 2009-02-03 10:20:00
The number of company liquidations in Hungary rose to 1400 only in the first month of the year, the Opten company-information service informed. Last year 11,500 firms were under liquidition,...
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Szentkirályi to expand abroad
Date: 2009-02-03 09:22:00
Now we are only exporting outside Hungary, but in the near future we want to be an international brand – said Levente Balogh CEO to business daily Napi Gazdaság. Because...
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The liquidation of Zalabaromfi became absolute
Date: 2009-02-03 09:19:00
According to former press information Zalabaromfi's owner Dale consortium's financial and business transaction at other companies made the processor's work impossible. As known CIB Bank has frozen the company's bank...
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Environmental protecting by Wal-Mart
Date: 2009-02-03 09:15:08
The American retail giant said that it will test two new types of hybrid trucks and two types of trucks powered by alternative fuels to make its trucking fleet more...
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Coke Drops ‘Classic’ Tag From Branding
Date: 2009-02-03 08:51:17
The change was part of “a broader plan and strategy to revitalize the brand. Coca-Cola Co has announced that it will no longer carry the word ‘Classic’ on packages of...
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Procter & Gamble to invest 50 million dollars in Romania
Date: 2009-02-03 08:32:44
The international company to built a factory processing shampoo and other hair car products in Urlati. The P&G factory, the construction of which started yesterday, will employ 150 people at...
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US consumer spending in six month row
Date: 2009-02-03 08:21:52
According to government data consumption expenditures fell by 1.0 percent in December from the previous month. Personal income also contracted for the third consecutive month at 0.2 percent in December,...
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