Company and Personal News

Gastronomy exhibition a'la Metro

Metro Cash & Carry Germany is currently hosting a gastronomy exhibition in Cologne for the first time, called “A Gasto”.  On 800 square metres, the wholesaler is presenting ten complete...

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New Irish hotel brand in Budapest

Quinlan Private investment group is about to launch its own brand in Budapest's 6th district from 2010. The company is one of the Balaton biggest investor now.  The 4-star Hotel...

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Tesco go green by wind

In the UK, Tesco is to install 10 metre high wind turbines in supermarket car parks across South Wales as part of its plan to cut its carbon footprint by...

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HUF 5 million fine for Metro Holding

The cash&carry specialist offered household and consumer electronics equipments via its leaflet in January 2008, but they were not available in every warehouses or only in very limited number. The...

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Ikea continouses developing in Russia

IKEA will accelerate an expansion in Russia, Per Kaufmann, head of Russian business, said, Dagens Industri newspaper reported Monday.  IKEA wants to have stores in every city with at least...

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Tag Heuer butique on Andrassy avenue

TAG Heuer as brand is well known from Formula 1 racing, also the TAG Heuer luxus watches were available in Budapest, but from December the company has own butique in...

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H&M sales decreased

Hennes & Mauritz, a Swedish apparel retail chain, reported a decline in sales for October, with comparable units down by 2%, in spite of an increase in the number of...

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REWE Group developes logistics basis

Rewe Group in Germany is investing more than EUR660 million into the separation of its discount logistics from its full-range logistics.  With the re-opening of its modernised distribution centre in...

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Lidl could open in Romania in 2010

According to unconfirmed reports in the Romanian press, Schwarz-owned Lidl could open its first stores in the country in 2010, following completion of the retailer’s logistics centre in Chiajna, near...

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Gross room revenue declined, number of tourism nights decreased

According to the national statistic office in the first ten months of 2008, the room occupancy rate for three-, four- and five-star hotels was 60%.  At current prices, from January...

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Carrefour France reduces sales area

According to reports in French newspaper Le Figaro, Carrefour France is going to reduce the sales area of its largest hypermarket in the country by 6,000 square metres.  The hypermarket...

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US$20 million for FoodTech International

The buyer is the Nestle and Osem consortium. Last year FoodTech has sales of US$14.6 million. For the first three quarters of 2008 the company reported sales of US$15.4 million....

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Henkel Announces Successful Public Offering of Its Shares in Ecolab

Henkel has held an investment in Ecolab since 1989. In 1991, Ecolab and Henkel formed a joint venture in Europe, combining each company's European commercial cleaning and sanitizing operations.  Henkel...

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Meat industry needs help from the government

According to the Hungarian Meat processor's association the state should help Papai Hus Zrt. to get straight. The president of the association wrote letter about it to the agricultural minister...

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Szentkiralyi mineral water is the most popular

According to ACNielsen's research in September 2008 , the brand is the favorite both, in sales of value and volume.  Szentkiralyi Asvanyviz Ltd., which is a family business, precedes Kekkuti...

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EU court rejects Lego trademark

The Danish toy maker Lego has lost a court battle to protect its iconic plastic bricks. The EU's Court of First Instance upheld a 2004 EU decision to cancel the...

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New Tesco unit in Gyula

The store has 5,000 sqm retail area and has a parkplace for 500 cars. Soon works here a discount gas station with 8 pumps.  180 people work at the Tesco...

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SUBWAY plans expansion in Ireland

Despite an economic downturn, Subway is planning major expansion in Ireland over the next two years.  The company currently has 181 outlets across the country and plans to open 119...

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MERCATOR not to be bought back by Slovenia

According to a statement by Slovenia’s prospective economy minister, Matej Lahovnik, the government is unlikely to buy a stake in Mercator, the country's largest food retailer whose shareholders will put...

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Lanchid 19 won hotel architectural award

The European Hotel Design Awards, presented by Sleeper Magazine on Thursday, 6 November 2008, is the premier celebration of outstanding innovations in the hospitality industry and hotel design in Europe....

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IMIGe turning into POS Media

IMIGe changed its name to POS Media Hungary in September. POS Media Hungary is a media holding established in 2007, where the English SAS is also a partner....

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News

Cheaper products boosting sales for Sainsbury. Sales of the third largest British retail chain were up by 8,4 percent (5,3 percent without fuel) in the second quarter ending on 4....

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Music for food

The sound of music can promote consumption in restaurants. However, choosing inappropriate music can have the opposite effect, driving guests away. The kind of music played and its loudness are...

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New managing director for Hill and Knowlton

Zsófia Lakatos joined Hill and Knowlton Hungary Kft on 15. September, as managing director. She will be responsible for strategic planning and day to day operation. Previously, she had spent...

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Faith in ourselves instead of pessimism

Herman Verstraeten, the new CEO of Unilever Central Europe is back in the region after seven years in Russia. He sees tremendous progress compared to the situation seven years ago....

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Reform Diet

The Conference Hall of Hotel Benczúr was full during the October meeting of the Diet Club, where product presentations were also held. The new web site of the Club will...

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New trends, old habits

According to statistics, there are five and a half thousand HoReCa units operating in Hungary at present. Out of these, five hundred are closed every year, with another five hundred...

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Tchibo islands in Interspar

„Tchibo islands” were opened in 6 Interspar hyper markets in the beginning of October. In addition to coffee, other brand products like clothing and sports equipment also appear at these...

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Question:

My question for István Tivadar Szabó, CEO of Cerbona is: How do you see the market position of functional food in Hungary in the light of the sales strategies followed...

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Franchise news

Café Frei continues to expand Following Salgótarján and Kassa, new cafes are to be opened in by the TV celebrity in Debrecen and Eger. Mr. Frei is a trained barista...

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