Company and Personal News

Lekkerland continuing it strategy

2007 was an exceptionally important year for Lekkerland. Many new agreements have been signed, including one with the leading petrol station chain. Lekkerland revenues doubled in 2007, compared to the...

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Bottled responsibility

Corporate social responsibility serves as the basis for not only long term planning and corporate strategy but it is also a criteria for the evaluation of management performance in Coca-Cola...

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An efficient foreign legion

Many people believe that the only purpose of import is to flood our stores with cheap products. However, appropriate quality products are often simply not available in the domestic market....

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Traditional stores till strong in Poland

Though the number of hyper markets is growing in Poland, their market share is shrinking. At the same time, supermarkets and discount stores have increased their market share. Traditional stores...

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Party in the underground

The first Coke zero party held in a Budapest underground station took place on 17. May. The DJ-s were Lucca and Pete Tong....

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Bio – our health and that of our kids

The increasing popularity of bio food is a result of the two most important trends of our decade: health and wellness. This is one of the conclusions of the global...

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News

Agrana expanding in the Balkans. The EUR 40 million plant recently opened in Brcko, Bosnia is a joint project with the Studen sugar factory. Agrana has recently acquired a 50...

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Adapting to local conditions

According to an analysis prepared by the Budapest Chamber of Commerce and industry (BKIK) last year, the general marketing of multinational companies is prevalent in Hungary. Advertisements lack local features...

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Where is the Hungarian retail sector heading?

A study has been prepared about the future prospects of the Hungarian retail sector by the consultants of PricewaterhouseCoopers and the students of Corvinus University. It is foreseen as a...

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New player in the market of digital advertising

A new company is to enter the Hungarian indoor market. Infirio Kft. intends to provide digital signage services targeted at the 18-29 age group. 200 large digital displays will be...

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Good egg for SPAR

Spar Magyarország Kft. has been awarded a Good Egg Award in recognition of its efforts related to the prevention of cruelty to animals. This recognition is based on a survey...

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AMC waiting for applications for Excellent Hungarian Food trademark

AMC is waiting for applications for the Excellent Hungarian Food trademark. The required documentation can be obtained from AMC, or downloaded from the www.amc.hu web site. AMC offers companies qualifying...

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Naturalisation of brands: say and spell

Empty Coca-Cola bottles with the letters in Cyrillic have become collectors’ items, as only bottles with Latin letters are available today. Collectors should now go to China or Korea. Foreign...

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Deutschland, Deutschland über alles!

It is no wonder that German retailers are preparing enthusiastically for the European Cup, as the success of the World Cup held two years ago surpassed all expectations. Rewe for...

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Tesco for fruit and vegetable consumption

„The goal of the „Eat daily 3x fruit or vegetable!”action is to popular the eating fruit and vegetable between people. Tesco started the action to decrease the high number of...

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More than HUF 2.2 billion dividend at Zwack

Hungary Zwack AGM voted on company's highest dividend HUF 1,100 pro shares.  Hungarian distiller Zwack has reported HUF 3.007 billion after-tax profit for the 2007-2008 business year. The AGM voted...

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Penta to buy Debreceni Hús

The transaction has been cleared by the Hungarian and Slovakian competition authorities, according to the announcement.  Czech-Slovak private-equity company Penta has taken over Hungary’s Debreceni Hús, Hungary’s second largest meat...

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Hungarians Drunk More Milk

In the first quater of 2008 the milk consumption grow, but people buy less „light” 1.5% milk and because of price, more 2.9% milk.  According to GfK's ConsumerScan research the...

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Nespresso Lattissima to buy in Budapest from September

The Nespresso Lattissima lets you make single-serving cappuccinos and lattes in a snap.  Co-developed by Nestle Nespresso and De'Longhi, the machine features Nespresso's hermetically sealed coffee system, a one-touch fresh...

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Two new Tesco Opening on Same Day

From 27 June start to work two Tesco supermarket, one in Sülysáp and other in Szolnok, which is company's 6th green store.   The Szolnok Tesco store has a „green...

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Domestic sales prices of industry rose by 11.7%

Export sales prices of industry, measured in HUF, decreased by 2.2% compared to the previous month and slightly, by 0.1% compared to the corresponding month of the previous year.  ...

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Beer companies merger cancelled?

Anheuser-Busch Cos Inc rejected InBev NV's $46.3 billion takeover bid on Thursday, calling it inadequate, but the largest U.S. brewer left the door open to a higher bid.  Anheuser's board...

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Green light from Brussels for SPAR-Plus transaction

European Comitee approved that SPAR Hungary can buy the Plus chain. In March Spar Hungary bought the 174 stores discount chain from Tengelman. The Plus chain had HUF 100 billion...

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Tastes of the former Ost Block

Penny extends its privat label offer with 160 well-known brands from the former socialist GDR (German Democratic Republic). The Rewe-owned Penny discount chain has said it is extending its ranges...

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New tax stamp for alcohol drinks from July

The inspector can control the information on the tax stamps with a laptop and a bar-code reader direct in the store.   After the electronic data recording the product's way...

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It isn't worth not to pay the TV tax

The penalty is insignificant, but it has no sense therefore to come tax authorithy's horizon.   After nowadays rules TV tax must to pay for Hungarian Tax Authority, but first...

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1% fall in EU27's retail

For the eurozone countries the decrease was by 2.9% compared with the same month a year ago.   According to a Eurostat the highest increases were observed in Romania (18%)...

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In April the domestic retail turnover exceeded HUF 508 billion

Compared to the previous month, the volume of retail sales increased by 0.4% according to seasonally and calendar adjusted data.   According to calendar adjusted data, the volume of retail...

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Diageo to Sell Zwack Liqueur in the USA

After a success test periode the two companies signed a royalty agreement.  The selling starts in September, the costs and risks of brand building takes Deageo. This business don't affects...

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SPAR to open supermarkets in Croatia

According to reports in the local press, Aspiag (Austria SPAR International AG) plans to introduce its Spar supermarket banner to the country in 2009.   SPAR entered the Croatian market...

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