Company and Personal News

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...

Read more

Lidl apologises in Sweden

The German discount supermarket chain, has been forced to issue an apology following revelations that workers at one of its Swedish stores deliberately poured cleaning fluids in rubbish to stop...

Read more

M&S hits 20 goals in environmental Plan A

Marks & Spencer has reported that it has already hit 20 out of the 100 environmental goals set out in its green initiative called Plan A.  The company pointed to...

Read more

Pepsi Bottling Lowers Forecast, To Cut Over 3,000 Jobs

Pepsi Bottling Group, the no.2 global soft-drink distributor, has lowered its full-year forecasts and announced that it will cut 3,150 jobs, mostly in Mexico.  The company said the job cuts...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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....

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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....

Read more

TESCO working with new agencies

A consortium formed by B&P CSR management and NetAktív Kommunikációs Ügynökség has been contracted by TESCO-GLOBAL Áruházak Zrt. to develop and execute Corporate Responsibility (CR) and Public Relations (PR) strategies...

Read more

HUNGAROPACK – for the 25th time

81 nominations have been submitted for the 25th HUNGAROPACK Packaging Competition by 40 organisations. The five nominations achieving the highest scores (awarded by a jury) have been awarded the HUNGAROPACK...

Read more

Stocks or protest?

The owner of a pub called Maltermeister Turm in a German town called Goslar has found a creative and unique way of expressing his criticism of the legislation banning smoking...

Read more

Mórakert opening store in Budapest

A store was opened in Budapest by Mórakert Szövetkezet on 22. September, where fresh fruits and vegetables are available directly from the farmers. Gro-ceries, pasta and eggs are also sold...

Read more

Cherry Queen Marcipán

We like marzipan and we know countless forms of marzipan. Marzipan will now be able to take the place it deserves in the hearts of real gourmets: black chocolate bon-non...

Read more

Easier to understand recipe

Learning, especially from foreign sources is increasingly important for chefs today. However, converting English measures to European units is not very easy for many people surfing on the internet in...

Read more

Stores opening

Spar, Szigetvár Open: 16 september Chain: Spar Store space: 702 m2 SKU: Több ezer Spar, Tiszakécske Open: 18 september Chain: Spar Store space: 902 m2 SKU: Több ezer Spar, Mezőkövesd...

Read more

Coop Rally this year again

71 cars entered the third Coop Rally held this year. This race is an excellent tool for promoting excellent quality and safe Hungarian food. According to József Gráf, minister of...

Read more
Oldal