News and articles
Aldi eyes city centre locations
Date: 2007-10-02 00:00:00
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...
Read more
HUF 12 million conraband
Date: 2007-10-01 00:00:00
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...
Read more
Germans don't do shopping
Date: 2007-10-01 00:00:00
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...
Read more
Foreign companies barred from importing meat into Russia
Date: 2007-10-01 00:00:00
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...
Read more
Burger King to Debut Branded Snacks
Date: 2007-10-01 00:00:00
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...
Read more
Judgment of first instance at Paprika-action
Date: 2007-10-01 00:00:00
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...
Read more
New retail manager at Acer
Date: 2007-10-01 00:00:00
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...
Read more
Warm food voucher is popular
Date: 2007-09-27 00:00:00
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...
Read more
The best bartender is looking by Stella Artois
Date: 2007-09-27 00:00:00
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...
Read more
Medicines at Drogerie Markt
Date: 2007-09-27 00:00:00
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...
Read more
Auchan to invest in Portugal
Date: 2007-09-27 00:00:00
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...
Read more
Swiss cartel authorities back Aldi and Lidl expansion plans
Date: 2007-09-27 00:00:00
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...
Read more
METRO Group dashes in Turkey
Date: 2007-09-27 00:00:00
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...
Read more
New Visa card with EMV system
Date: 2007-09-27 00:00:00
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...
Read more
One week for the entrepreneurs
Date: 2007-09-27 00:00:00
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...
Read more
Aldi defers in Poland
Date: 2007-09-25 00:00:00
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...
Read more
Ferrero loses monopoly over Kinder sweets
Date: 2007-09-25 00:00:00
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....
Read more
Summer raid – HUF 500 million fine
Date: 2007-09-25 00:00:00
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...
Read more
Milk producers make the pace
Date: 2007-09-25 00:00:00
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...
Read more
Start at Airport City
Date: 2007-09-25 00:00:00
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...
Read more
New owner and developing at the Bertrans logistic park in Kecskemet
Date: 2007-09-25 00:00:00
Australia's Goodman Group buys logistics park in Hungary. Goodman, an integrated property group listed on the Australian Stock Exchange, has acquired the Kecskemét-based logistics park of Hungarian logistics service provider...
Read more
Heineken introduces new light lager in Russia
Date: 2007-09-25 00:00:00
The new brand will be positioned in the premium class beer segment and will be supported by a wide promotion campaign across various mass media. Heineken has introduced a new...
Read more
Ribena to go green
Date: 2007-09-25 00:00:00
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,...
Read more
Stores opening
Date: 2007-09-24 08:00:00
Coop, Püspökmolnári Open: 17 Aug. 2007 Chain: Coop Store space: 160 m2 SKU: 3000 Coop, Szolnok Open: 3 Sept 2007 Chain: Coop Store space: 220 m2 SKU: >4000 Spar, Kalocsa...
Read more
Bunny with new batteries
Date: 2007-09-24 08:00:00
A special promotion was organised by Duracell for the beginning of September. .Human size pink rabbits appeared in the streets of Budapest to exchange used batteries of passers by for...
Read more
Objective: to become the market leader
Date: 2007-09-24 08:00:00
György Sóskuti has been appointed as the new sales director of Tchibo Budapest Kft. He began his career 12 years ago with Nestlé Hungária Kft., as a sales rep. Later,...
Read more
Barely packaged merchandise, conservative consumers
Date: 2007-09-24 08:00:00
According to Béla Kertész, general secretary of the National Packaging and Moving Association, the quantity of packaging materials used by the Hungarian economy is still only half of the European...
Read more
Sunshine, songs, logic
Date: 2007-09-24 08:00:00
According to Greeks, Crete is the birthplace of European culture and having taken a look at the palace of Knossos, I find this an absolutely credible claim. Since Cretans are...
Read more
Kaiser Cabanossi
Date: 2007-09-24 08:00:00
A trendy, youthful product. Its flavour is typical of tourist types, with pleasant and harmonic spices....
Read more
Mr. Cheng Yun from Wuhan
Date: 2007-09-24 08:00:00
Mr. Cheng Yun is a typical representative of the dynamically expanding Chinese food business. He owns 200 food stores in and around one of the “second rate” cities, Wuhan which...
Read more