News and articles

China has the third-largest economy

Since 2002 China has advanced from the world's sixth-largest economy to No. 3, overtaking the U.K. and Germany and India and narrowing the gap with the world's two largest economies:...

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Nielsen's new software can decrease the assortment's loss at the stores

The research company developed a new software communicates between the producers and the retail places and can amend the product availability at the shops.  The assortment's absence makes 4 billion...

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Politicians against throw-away bottles

MDF, Hungarian party said the traders should take back every kind of bottles.  According to partei's opinion extension of the deposit cost for throw-away bottles would help to increase the...

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Probiotic Club at Danone

Famous yoghurt eating stars joined to the exclusive club.  The club members together with specialists popularize the probiotic food in front of media workers until year's end on three events....

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Theodora, the most public Hungarian mineral water

The Kékkúti Ásványvíz Zrt. has 16,5 share between Januar-August 2007 on the mineral water market. Since four years Theodora is the most public mineral water in Hungary. According to ACNielsen...

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7% decrease at the Confidence-index

55% of managers expect domestic demand to remain unchanged and 27% expect decreasing demand. The monthly Ecostat Top-100 index, a gauge of confidence at Hungary's biggest hundred companies dropped to...

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Less ready meals in Britain

According a survey despite time pressures, the majority of mothers are said to prefer to cook meals from scratch rather than open a jar or heat ready meals.  The research,...

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A new Fornetti sandwich comes

With HUF 600-800 million investigation new logistic and research central to build. Soon comes the Fornetti specialty, taste like the old milk-loaf had. Last year Fornetti franchise companies had 66...

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Aldi eyes city centre locations

The success of Aldi's first city centre store at the Arndale Centre in Manchester has prompted the retailer to seek out further city centre locations as it continues with its...

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Zagorka invests to increase production capacity

Heineken's bulgarian brewery plans to invest EUR15m between 2008 and 2009.  The company builds a new 2100 sq. m. warehouse and buy four new cyllindricconic tanks to extend its fermentation...

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HUF 12 million conraband

Customs officers seized 31,000 cartons of cigarettes in a van.  The worth of contraband cigarettes was 12 million forints, the products brought into the country from the Ukraine. The officers...

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Germans don't do shopping

In Surprise Fall German retail sales fell unexpectedly in August, affected by the impact of higher oil prices and the credit-market turmoil.  Sales, adjusted for inflation and seasonal swings, fell...

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Foreign companies barred from importing meat into Russia

Over 80 foreign companies were stripped of meat import licences into Russia this year because of deemed poor quality.   "The right to export meat to Russia was stripped from...

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Burger King to Debut Branded Snacks

A licensing agreement with The Inventure Group will put the snacks in retail outlets this fall.   Beginning this month Burger King fans can have it their way at vending...

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Judgment of first instance at Paprika-action

The health of customers was not endangered, but they were mystifed by Szegedi Paprika Rt. . The company have to pay HUF 10 million fine. The first rate defendant, the...

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New retail manager at Acer

Laszlo Berente works first of all with the bigger retail chains and other top-partners. The specialist, economist and HR manager speaks english and until the last time worked at CHS...

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Auchan to invest in Portugal

The retail group will invest about 600 mln eur in Portugal over the next three years as part of an expansion plan. The group plans to expand its Pao de...

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Swiss cartel authorities back Aldi and Lidl expansion plans

Swiss regulators back expansion plans of German discount retailers Aldi and Lidl, Handelsblatt reported, citing a statement made by the Swiss cartel office.  The report said the cartel office approved...

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METRO Group dashes in Turkey

Media Markt, brand of the METRO GROUP opens its first Turkish store in Istanbul.  Following Metro Cash & Carry and Real, Media Markt is now the third sales brand of...

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New Visa card with EMV system

V PAY is a chip and PIN only product, with no legacy requirement to support manual imprinting, cardholder signature and magnetic stripe reading. 17 million cards will be change. The...

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One week for the entrepreneurs

Free presentations and discourses about questions serve the Hungarian entrepreneurs from 27 September to 6 October, organised by Budapest Chamber of Industries. Days of the Chamber's program begins with the...

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Warm food voucher is popular

According to GKI research company, in 2003 only 300,000, this year 570,000 employees get warm food vouchers.  58% of the competition sector's employees get cold food vouchers and 18% warm...

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The best bartender is looking by Stella Artois

The three week competition started 24 September in six regions of Hungary, the best in show will be on 9. October in Budapest. The first 3 from all regions can...

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Medicines at Drogerie Markt

Until the end of 2007 the company hopes to open drug corners at the all chain, in 2003 stores. It costs HUF 500 million. This time medicament can be sold...

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Ribena to go green

The company said that it will become the first in UK's soft drinks industry to increase the recycled content of its ready-to-drink bottles from 40% to 100%. All Ribena bottles,...

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Aldi defers in Poland

German discount retailer Aldi has postponed plans to enter the Polish market until early next year and will open fewer outlets there than planned. Aldi will open about 10 stores...

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Ferrero loses monopoly over Kinder sweets

Ferrero has been left with a bitter taste after being banned from keeping its monopoly over the word kinder, the German word for children, on its popular Kinder Surprise eggs....

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Summer raid – HUF 500 million fine

In the course of the 10 weeks control the inspectors spied at the Lake-Balaton, on the biggest events – as Sziget Festival and on the famous holiday places. Inspectors found...

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Milk producers make the pace

Subsequent upon the price war there are empty shelves at the supermarkets milk sections. The processing industry and the exporters run against each other and jack up the price. There...

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Start at Airport City

The first phase of the project is scheduled for completion in Q1 2008 including 8,300 sqm of warehouse space for lease and nearly 2,000 sqm of offices. Developer Ablon has...

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