Company and Personal News
The future belongs to the contactless cards
Date: 2011-02-10 12:15:54
The bank card market is getting more lively: Visa and MasterCard both see the future in contactless cards. According to the annual report of Visa Europe; the volume of the...
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PepsiCo’s profit decreased by five percent
Date: 2011-02-10 11:59:34
PepsiCo’s profit fell by 5 percent, in the final three months of the last year, compared to the previous year, due to rising costs, but it was also higher tahn...
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Coface: level of circular indebtedness seem to have increased
Date: 2011-02-10 10:58:32
According to a new statement by Coface Hungary, the level of circular indebtedness seem to have increased last year although the financial crisis has made companies less daring. Payment deadlines...
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Lidl grows in The Netherlands
Date: 2011-02-10 06:44:15
Lidl is growing more popular in The Netherlands, Distrifood reports, and intends to compete directly against supermarkets in the country. This year Lidl will not only expand to operate more...
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The organic meat is not free from environmental risks
Date: 2011-02-09 13:21:38
Hungarian organic food distributors expected prestige and revenue growth, from the dioxin scandal of Germany, despite a large German company’s checks warned the domestic players of the industry that it...
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Significant assets in the foreign trade balance
Date: 2011-02-09 12:29:22
According to the the first estimate; in last December the value of exports was 1634 billion HUF (5,890 million euros), while the value of exports was 1,508 billion HUF (5,434...
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Strike and riots threaten one of the world's most important trade route
Date: 2011-02-09 12:18:34
6000 Suez Canal operator started to stike today, demanding higher wages. The channel management stresses that the ship traffic is smooth, while the price of Brent oil rose above 100...
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Coca-Cola revenues exceeded the expectations
Date: 2011-02-09 12:14:13
The analysts expected revenue of 9.75 billion USD, while 10.5 billion USD revenue occurred in the fourth quarter – shows the flash report of Coca-Cola. The soft drink manufacturer's dollar...
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The one billion dollar worth partner of McDonald's goes to the stock exchange
Date: 2011-02-09 12:10:54
McDonald's largest global franchise partner prepares for one of the year’s biggest stock market introduction in a few days. The South American company operates about 1,800 fast food restaurants, with...
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German export close to record
Date: 2011-02-09 12:04:23
German exports rose by 18.5 percent last year, compared to the 2009 crisis year, the trade balance surplus exceeded 150 billion euros. According to the statistical datas released on Wednesday;...
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The Marks & Spencer targets IKEA’s throne
Date: 2011-02-09 12:01:17
It looks like IKEA’s furniture technology will have a potential competitor. The folding furnitures have arrived to the market. According to the British Daily Telegraph newspaper; Marks & Spencer came...
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Nagyatád canning factory: no orders from East
Date: 2011-02-09 12:00:40
In June, the production lines will be transpoted to the canning factory of Szigetvár from Nagyatád. The orders of the canning factory have declined, so only storage and packaging work...
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New EU rules ahead on plastic food packaging
Date: 2011-02-09 11:58:14
New EU rules for food contact in plastic packaging are on the horizon. A proposed regulation known as the Plastic Implementation Measure (PIM) has been approved by the EU’s Council...
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New corporate design for Henkel
Date: 2011-02-09 11:33:03
Henkel is introducing a new corporate design across the company in combination with the launch of its new claim “Henkel – Excellence is our Passion”. “Our new claim summarizes what...
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Ahold and Tesco battle in Czech Republic
Date: 2011-02-09 10:47:25
Two of Europe’s biggest retailers, Ahold and Tesco, are battling to be the market leader in the Czech Republic. Each retailer currently holds about 20% of the market, according to...
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New IT system for Polus Coop Co.
Date: 2011-02-09 07:09:45
Polus Coop Co. has launched a new IT development to renew its retail and wholesale system, with 50 stores and 127 cashiers involved. The investment cost several hundred millions of...
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For TESCO music matters too!
Date: 2011-02-08 23:34:54
From October 2010 TESCO in-store radio broadcasts new content in every hypermarket. Music has been broadcast in TESCO stores since 2009 by a music channel tailored to the retail chain’s...
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The evolution of shopping
Date: 2011-02-08 23:30:32
An increasing number of products available is the way forward – states Tracy Bagshow, the marketing director of Service Innovation Group. Shoppers in the 21st century buy ‘every possible item...
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Gillette wins in marketing at retail
Date: 2011-02-08 23:29:04
At the 2011 Night of Honors Gilette will receive the ‘2010 Chief Award for Merchandising Excellence’. POPAI president Richard Winter told that Gilette’s forward thinking approach was proven by their...
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Does holiday season spending generate profits?
Date: 2011-02-08 23:25:50
After a 6-percent growth in November, in the US Wall Street analysts expect a 3.4-percent average growth from leading retail chains for December. What investors would like to know is...
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The bankruptcy wave is still here
Date: 2011-02-08 23:20:02
In real economy the crisis is far from being over and a large number of companies are still expected to grow bankrupt. With 20,000-30,000 bankruptcies a year, Hungary is still...
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Fruit prices increased the most
Date: 2011-02-08 23:15:25
Agricultural product prices significantly elevated in the past year. The production price level of agricultural products was 31 percent higher in November 2010 than a year earlier: vegetable product prices...
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blind leading the blind
Date: 2011-02-08 23:10:30
Consumers want to find new sources of information instead of those with expertise. Companies lose control over consumers and over the information flow. People turned their back on experts and...
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sustainable quality of life
Date: 2011-02-08 23:09:00
After the recession consumers still want to sustain their standard of living. They reject obscure and vague promises, advantages and brands. Consumers set reachable purposes and look for more down-to-earth...
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Packaging units shrank on the frozen product market
Date: 2011-02-08 19:47:08
Due to last year’s unfavourable weather there is a product shortage on the market of frozen fruits and vegetables all over the world. Prices elevated on the domestic market too,...
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