News and articles
P&G to separate its coffee business
Date: 2008-02-06 00:00:00
The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007. Procter&Gamble Co. is planning to split off its Folgers coffee...
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Inspection at European big supermarket chains
Date: 2008-02-06 00:00:00
A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs. The increasingly dominant...
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Surpassing sales in Latin-America and Europe
Date: 2008-02-06 00:00:00
Whirlpool Corp. said its fourth-quarter profit climbed to USD 187 millions, helped by its Maytag acquisition and an improved product mix and the weak dollar. Quarterly revenue grew seven...
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Hungary's economic growth will pick up and its inflation will slow down this year
Date: 2008-02-05 00:00:00
Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...
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The labor market of retail to increase in 2008
Date: 2008-02-05 00:00:00
According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...
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Two digits growth at Coca-Cola Beverages Hungary
Date: 2008-02-05 00:00:00
The company increased its market shares and get now 20 pct, one third of the sales came from the new products. The growth is thank to the fact too,...
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Imperial Tobacco's Altadis takeover offer
Date: 2008-02-05 00:00:00
UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur. The board of the Franco-Spanish company Altadis...
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French Supermarket Workers Strike over Wages
Date: 2008-02-05 00:00:00
Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...
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Mihaly Hardy leaved Tesco
Date: 2008-02-05 00:00:00
The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...
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Unilever Acquires Leading Russian Ice Cream Company Inmarko
Date: 2008-02-05 00:00:00
The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...
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Tesco opened a new front in the ongoing supermarket price war
Date: 2008-02-04 00:00:00
In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...
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Burger King Keeps Rising
Date: 2008-02-04 00:00:00
Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...
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Aldi to open in February
Date: 2008-02-04 00:00:00
According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings. It is unkonwn how many stores...
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dm to start in Bulgaria 2009
Date: 2008-02-04 00:00:00
The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...
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Top-100 Hungarian Companies are Less Optimistic
Date: 2008-02-04 00:00:00
The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008. Hungarian companies are looking to the future with a degree of apprehension, according to the stats....
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A Helping Hand for SMEs for free
Date: 2008-02-04 00:00:00
The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days. The Hungarian Chamber of Commerce & Industry takes part in the program, wich...
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Mondi to develope in Poland
Date: 2008-02-04 00:00:00
International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...
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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt
Date: 2008-02-04 00:00:00
The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers. According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...
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Sodexho Alliance renamed Sodexo
Date: 2008-02-04 00:00:00
The evolution of the brand shows the grow and progress to become the premier global outsourcing expert. France based contract caterer and facilities company Sodexho Alliance has been renamed...
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Grand Prix
for dm
Date: 2008-02-01 08:00:00
dm drogerie markt received a Hungarian Trade Grand Prix from VOSZ on the European Day of Commerce....
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Palinka speciality by Törley
Date: 2008-02-01 08:00:00
Szent István Korona Muskotályos Törkölypálinka is made from selected muscatel flavour grapes....
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Super year ahead following a good year
Date: 2008-02-01 08:00:00
The main topic of the event was the new way of thinking in commerce with 82 lectures delivered by over a hundred presenters. Rewe is the third largest retail enterprise...
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Penny carries on
Date: 2008-02-01 08:00:00
The first domestic food discount store chain is still expanding. Every settlement with a population of over 6,000 is a potential location for them. Penny stocks over one thousand basic...
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Brands coming to life in stores
Date: 2008-02-01 08:00:00
Hostess promotions are the biggest “events” that take place inside stores. What are the details which need to be taken into consideration in order to make such events truly effective?...
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About 2007 and 2008
Date: 2008-02-01 08:00:00
In recent year, our prime ministers have picked up the habit of addressing the public in “State of the Union-style” about the year. This reminds me of the joke: “This...
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Information, hunger
Date: 2008-02-01 08:00:00
Mella Frewen, general secretary of CIAA, expressed special appreciation at the press conference for the work of the Hungarian platform in introducing RDA labelling, as it is their mission to...
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Looking for a way out
Date: 2008-02-01 08:00:00
Open and constructive discussion took place at the roundtable conference organised by the Milk Product Council and SOLE-MiZo. The 75 participants were trying to work out the best conditions for...
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Bomba at Sió-Eckes
Date: 2008-02-01 08:00:00
Sió-Eckes Kft and Büki Üdítő Kft, the manufacturer of Bomba! energy drink have entered into strategic co-operation. In January 2008, Sió-Eckes Kft. is to become the exclusive domestic distributor of...
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Nielsen: ways to be different
Date: 2008-02-01 08:00:00
A presentation about consumer expectations in retail was held by Sabine Schnell, director of Nielsen retail services in Germany. Retailers in the future will try to be distinctive compared to...
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Auchan: three years of development in sight
Date: 2008-02-01 08:00:00
Though Auchan did not open any new stores last year, it is possible that they will open two this year. They spent 2007 preparing their workforce for the period of...
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