Company and Personal News
Auchan to Open Next Unit in Miskolc
Date: 2008-07-02 00:00:00
The new ecofriendly hypermarket will be less high as the others and has special heating and cooling technology. The next Auchan hypermarket, which opens in last quater of the...
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Aldi to Open One New Store a Week until 2013
Date: 2008-07-02 00:00:00
Aldi sets to spend £1.5 billion up on its expansion plans – building a new store every week and recruiting 1,500 employees. The German hard discount chain announced its plans...
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Kellogg Acquires Leading Biscuit Manufacturer in China
Date: 2008-07-02 00:00:00
Kellogg Company acquired Zhenghang Food Company Ltd., a manufacturer of cookies and crackers in the northeastern region of China. "Geographic expansion in high-growth markets like China will help Kellogg Company...
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Tesco Donation for Salva Vita Foundation
Date: 2008-07-02 00:00:00
Since 2003 the British retail company sponsors every year a program or organisation which help disadvantaged people to make their life better. Last year Salva Vita Foundation's „Workplace program” won...
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Lipton's New Promotion with Yellow Dressed Policemen
Date: 2008-07-02 00:00:00
The in June started action focus on the new, fresh, lemon taste of Lipton. Yellow dressed health policemen run in the city wiht a yellow Ford Crown Victoria police...
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New Sales Director at LLP Budapest
Date: 2008-07-01 00:00:00
Attila Biber is the second specialist, in a short periode, who arrived from Microsoft Hungary. LLP Budapest's CEO, Zsolt Ambrus also worked at computer giant. Attila Biber (42) is mathematician...
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Carrefour Slides on Reduced Profit
Date: 2008-07-01 00:00:00
Carrefour SA, Europe's biggest retailer, fell to a 3 1/2-year low in Paris trading after scaling back forecasts for operating profit and sales. Operating profit will increase at about the...
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Tchibo Owners Boost Escada Stake
Date: 2008-07-01 00:00:00
Tchibo owners Wolfgang and Michael Herz are buying a “significant minority interest'' in Escada AG, a German luxury fashion brand. The Herz brothers plan on buying shares in a...
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Consumer Spending Higher-Than-Expected In May
Date: 2008-07-01 00:00:00
US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007. Figures from the Commerce Department said the rebates helped...
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EU Tightens Import Norms on Indian Guar Gum
Date: 2008-07-01 00:00:00
The European Union has sought certification from an Indian government trade body and a laboratory on guar gum to eliminate toxin contamination. In July and August last year, 16 of...
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Coca-Cola Acquires Waters and Soft Drink Brands
Date: 2008-07-01 00:00:00
The American soft drink giant payed USD 225 million for Carlsberg. According to the agreement, which takes effect immediately, Coca-Cola acquires Carlsberg’s mineral water brands Kildevæld and Kurvand in Denmark...
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New foam tray for packing and into oven
Date: 2008-07-01 00:00:00
Sealed Air said that its Cryovac ovenable foam tray (OFT), suitable for either microwave or traditional oven use. A new C-PET foam tray targeted at the chilled and frozen ready...
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Austrian Food Specialities debuts in New York
Date: 2008-07-01 00:00:00
The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets. More than 2,300 domestic exhibitors from around the country and the...
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Hungarians consumpt less biscuit
Date: 2008-06-30 00:00:00
Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we. Hungarians eat...
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30 billion dollars a year agricultural investment needed
Date: 2008-06-30 00:00:00
The UN's Food and Agriculture Organization said 30 billion dollars (19 billion euros) will be needed every year until 2050 to stave off world hunger. Soaring food prices may reverse...
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Nutritek Profit up 17 pct
Date: 2008-06-30 00:00:00
Nutrinvestholding, the listed arm of Russian baby food maker Nutritek Group, boosted net profit by 17 percent to $26 million in the year ended March 31, 2008. Nutritek's revenue rose...
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Payable household goods in Hungary
Date: 2008-06-30 00:00:00
According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average. Within the framework of the European...
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Tesco, Asda Cut More Prices
Date: 2008-06-30 00:00:00
Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition. Tesco will cut prices on 3,000 products...
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Hungarian Beer Market grow in value by 6% and in volume by 1%
Date: 2008-06-30 00:00:00
Between June 2007 and Mai 2008 4 million hectoliter beer were sold in Hungary, it was a summe in value HUF 110 billion. According to Nielsen Research retail index 1...
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HUF 500 million marketing budget for Arena Plaza
Date: 2008-06-30 00:00:00
After a weak start the mall is now on the top, the revenues increased by 15-20% to HUF 18 billion. According to DTZ, operator of Arena Plaza, the total marketing...
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Expectations improved significantly
Date: 2008-06-30 00:00:00
In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years....
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New owner for Interfruct
Date: 2008-06-27 08:00:00
The Interfruct Cash&Carry chain is to be sold by SCD which intends to focus entirely on real estate development in the central European region in the future. Interfruct is to...
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National shop windows
Date: 2008-06-27 08:00:00
Most countries spend a lot of money on marketing support for their food products in foreign markets. Methods are diverse. In some countries, a government organisation is in charge of...
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Positive balance for foreign trade
Date: 2008-06-27 08:00:00
Exports totalled HUF 6,394 in January-April 2008, while imports amounted to HUF 6,309. The volume of export was up by 19 per cent compared to April 2007, while imports grew...
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Increasing promotional spending in the US
Date: 2008-06-27 08:00:00
According to a Nielsen survey conducted in the US, an increasing number of manufacturing enterprises use promotions. Both manufacturers and retailers want promotions to be effective. Both sides regard a...
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Food as an investment
Date: 2008-06-27 08:00:00
Even expensive fuel is cheaper than cooking oil today. This is another argument for people who believe that food has become a strategic commodity. Strategic commodities deserve special attention as...
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Record sales for M3 Outlet Center
Date: 2008-06-27 08:00:00
Over 22,000 customers visited the M3 Outlet Center opened on May 17, at the first weekend. Triumph, Columbia, Puma, Gant and Replay are some of the brands represented in the...
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Széchenyi Card 2 launched
Date: 2008-06-27 08:00:00
The two year Széchenyi Card 2 was launched by KA-VOSZ ZRt in co-operation with its partner banks, Hitelgarancia ZRt, and the Ministry of Economy and Development on 2. June. This...
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Region marketing
Date: 2008-06-27 08:00:00
Not only countries, but regions may also use collective marketing. The Spanish region specialising in agriculture and the food industry, Castillia-Leon is a good example. Many synergies exist between government-level...
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Higher price for livestock as well
Date: 2008-06-27 08:00:00
The prices of agricultural products were up by 38.1 per cent in March 2008, compared to March 2007. The prices of plant products were up by 52 per cent, while...
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