News and articles

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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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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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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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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New owner and developing at the Bertrans logistic park in Kecskemet

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...

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Heineken introduces new light lager in Russia

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...

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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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Bio ethanol in Tesco petrol station

Tesco-Global Zrt. has opened its first petrol station selling bio ethanol E-85 in Tesco Megapark, located in Pesterzsébet. The price of the new fuel is HUF 215/litre. It contains 85...

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Official recognition for high quality Hungarian products

Awards of the Hungarian Product Grand Prix were handed over on 5. September in the Parliament building. 22 products received the Grand Prix, while another 36 received a certificate of...

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European Milka tour

The Milka Alpine Experience Tour of 16 countries came to Hungary between 18-26 August, visiting 5 cities and introducing the world of Milka....

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New management for Mood Media

Former CEO Jean-Marie Noizet became president of a Mood Media in June 2007, while Jonathan Patrick, formerly of MTV Networks International became the new CEO. The company is present in...

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Tesco presenting Tesco Színes

Tesco has presented its Tesco Színes private label products at a press conference. Some of these have been developed specially for the Hungarian market, some have only been available in...

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Disney Advent calendar

We have compiled a gift package composed of an Advent calendar with popular Disney characters and jugs....

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Campaign for red meat

Makáry Stúdió is the winner of the tender published for finding an agency to create a campaign for promoting red meats. Th tender was published by the Agricultural Marketing Centre...

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Adverticum AdServer modernised

The online advertising system of Adverticum Zrt. was modernised in August. The main new feature of Adverticum AdServer NG is that independent applications can now be connected to the core...

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