Company and Personal News
British traders are on call
Date: 2007-12-04 00:00:00
Shoplifters will steal more than £431 million worth of goods during the build-up to Christmas in England. On the busiest shopping day of the year, on Saturday, December 22, retailers...
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Campona to buy for €110 mln
Date: 2007-12-04 00:00:00
The shopping center was opened 8 years ago, its occupancy level is over 97%. Basic tenats are C&A, H&M, Electro World, Hervis. ING Real Estate has today announced the €110...
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Sio steps on the Energy drink market
Date: 2007-12-03 00:00:00
From 1. January 2008 Sio-Eckes is the local distributor of Bomba! Energy drink in Hungary. Next year Sio will offer four soft-drink brands, the Sio and hohesC fruit drinks, the...
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Slow growth, stubbornly high inflation
Date: 2007-12-03 00:00:00
Hungary's internal and external balances are expected to improve on expectations this year. According to the latest report by think-tank GKI and Erste bank published the government deficit to shrink...
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New Christmas Credit Offer by Tesco
Date: 2007-12-03 00:00:00
Tesco branded electronic goods are sold for 12 months credit, without any interest. The retail chain starts this christmas season with a new bank contact. Hungarian Cetelem Bank offers six...
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Consumers like own-brand goods
Date: 2007-12-03 00:00:00
Almost three quarters of consumers have a positive perception of supermarket own-brand goods, a new study has found in England. Supermarket supplier Catalus questioned over 500 consumers on how they...
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Tesco US in top ten supermarkets by 2015
Date: 2007-12-03 00:00:00
British grocer Tesco Plc could sales $10 billion with its Fresh & Easy n the United States by 2015, TNS Retail Forward said "There is demand for this type of...
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6th renewed store of METRO was open in Nyiregyhaza
Date: 2007-12-03 00:00:00
In the next years all METRO stores will be renovated. The METRO Cas&Carry Nyiregyhaza opened in November. In the store the retail spaces are bigger as before and the supply...
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Test lab in the future's restaurant
Date: 2007-12-03 00:00:00
Cameras monitor every reaction of the customers. In the new research center, devoted to exploring a both simple and complicated question: What makes people eat and drink the way they...
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10 tons food was found in the re-labeling plant
Date: 2007-12-03 00:00:00
In the Sparkle-action the supervisors pounced in a food depot in Budapest. In the illegal food depot relabeled and new dated foods: meat, sweets, eggs and softdrinks were found. The...
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Next year's carriage must cover the lost from this year too
Date: 2007-11-30 00:00:00
According to plans of Budapest local government trucks should pay ten times higher fees for coming into the city as now. Association of Transport Companies said this year carriage can't...
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Fütyülős on the Budapest-Bamako Rally
Date: 2007-11-30 00:00:00
Charitable contributions of most popular product of Zwack. Budapest-Bamako rally is a charity Africa run, starts on 12 January 2008. On the end of the tournament, in capital of Mali...
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Auchan to invest 0.5bn-euro in Romania
Date: 2007-11-30 00:00:00
French retailer targets 22 cities with more than 100,000 inhabitants by 2010. "We will continue to expand with large-scale hypermarkets, because this what we specialise in. The Discount Market store...
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Brilliant Tesco start in the US
Date: 2007-11-30 00:00:00
Fresh & Easy Neighborhood Market is going down well with shoppers. Fresh & Easy has now been open for nearly three weeks, with 13 stores trading in Los Angeles, Las...
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HUF 24 million donation by Real
Date: 2007-11-30 00:00:00
This year 12 children foundation get HUF 24 million from Real Hungaria Elelmiszer Zrt. It was the fifth autumn, that Real paid charity from its own branded products sold in...
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Conctactles payment starts in Europe
Date: 2007-11-30 00:00:00
French hypermarket chain to trial contactless payment of MasterCard Europe. Normal the PayPass technology is used by shopping under 25 euro, but this card could make the payment 40% faster...
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Hungarian Tax and Financial Control Administration increase the default penalty
Date: 2007-11-30 00:00:00
Next year guilty must pay HUF 1 million because of invoice problem. The default fines increase from HUF 100,000 to 200,000, form 200,000 to 500,000. One million HUF is...
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Fake milkdisributor found
Date: 2007-11-30 00:00:00
The Budapester enterpreuter operated without permissions. In Sparkler-action, collective control of several authorities, 5 tons milk product were found. The milk, cheese, cottage-cheese in value of HUF 7-8 million must...
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HUF 680 billion excise in government pocket
Date: 2007-11-30 00:00:00
Due to the continuously control increase the legal petrol, cigarettes and alcohol sales. According to industrial dates there was 7.1% higher sales in the first 10 months as a year...
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Change in trend
Date: 2007-11-28 08:00:00
In the near future it will be especially difficult for multinational companies to define prices for global products in the Hungarian market. In order to maintain their market share, they...
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Organized charity in IKEA
Date: 2007-11-28 08:00:00
IKEA give after all November 4. and December 24. plush sold animal figure – independent from its price – 1 Euro for organisms UNICEF and Save the children. IKEA altogether...
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Canning industry in need of imports
Date: 2007-11-28 08:00:00
According to László Cseh, chairman of the Hungarian Association of Refrigerating and Canned Food Industry, this year’s production of fruits and vegetables is not sufficient to meet the needs of...
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Dolce vita in stores as well
Date: 2007-11-28 08:00:00
Italians enjoy life and food. The rate of economic growth is 3-4 per cent, inflation is around 2 per cent and Italians are spending more on food. Private labels are...
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Mood acquiring Alcas
Date: 2007-11-28 08:00:00
The acquisition of Alcas Holding by Mood Media Group has boosted the total number of their business subscribers to 110,000 in 35 countries and the scope of the services offered...
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New sales director for Interfruct
Date: 2007-11-28 08:00:00
Attila Boros has been appointed the new sales director of Interfruct Cash&Carry. He has been working in food retail for 12 years. He had previously occupied a management position in...
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Chocolate still leading
Date: 2007-11-28 08:00:00
Total sales of sweets exceed HUF 150 billion in Hungary. According to Mrs. Kanyó, general secretary, members of the Hungarian Sweets Manufacturers’ Association account for 83-85 per cent of this...
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Milan, part 2. – Iper and Esselunga: „Merchants should be modest”
Date: 2007-11-28 08:00:00
The Italian retail network is not a very concentrated one by European standards. Modern stores make spectacular efforts to attract customers. Our correspondent has visited hyper markets of Finiper and...
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Coca-Cola helping Olympia
Date: 2007-11-28 08:00:00
The Coca-Cola Company has donated USD 2 million to the Greek Olympic Committee to help in restoring the scene of the ancient games in Olympia which have been damaged by...
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Less sugar than expected is still enough
Date: 2007-11-28 08:00:00
Sugar reform in the EU signals the beginning of a new era for the Hungarian sugar industry. Though domestic sugar production is only a fraction of what it used to...
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