Company and Personal News
New chairman for POP-Rafinanz
Date: 2008-06-27 08:00:00
Zoltán S. Soós is to assume the position of chairman of the board of the POP-Rafinanz group on 1. September. Revenues of POP-Rafinanz amounted to HUF 2,5 billion last year....
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Foreign trade of agricultural products with question marks
Date: 2008-06-27 08:00:00
According to KSH data, our agricultural export expanded almost twice as dynamically as overall export in 2007, achieving record breaking revenues of more than EUR 4.8 billion. Imports totalling EUR...
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Decrease in the EU as well
Date: 2008-06-27 08:00:00
Retail sales were down by 0.4 per cent in the EUR zone and by 0.7 per cent in the EU-27 zone in March, compared to February. According to Eurostat data,...
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Rexona for Men Quantum aeroszol
Date: 2008-06-27 08:00:00
Rexona for Men with Future ready protection shows us what kind of challanges we will have to face in a high-tech world. The robot turns up the heating to the...
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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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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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Stores opening
Date: 2008-06-27 08:00:00
CBA, Szombathely Open: 3 June Chain: CBA Store space: 2000 m2 SKU: 16 000 Aldi, Gárdony Open: 12 June Chain: Aldi Store space: 1000–1100 m2 SKU: 1085 Aldi, Törökbálint Open:...
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Atradius credit insurance company of the year
Date: 2008-06-27 08:00:00
Atradius Credit Insurance has been awarded the title “Credit insurance company of the year 2008” by World Finance Magazine. Atradius provides reliable and effective services in over 40 countries....
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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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New momentum for Update
Date: 2008-06-27 08:00:00
The Update program has reached a level of development where highly organised management, a professional approach and a uniform brand image are needed. In Hungary, seven people die every hour...
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Tesco for fruit and vegetable consumption
Date: 2008-06-27 00:00:00
„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
Date: 2008-06-27 00:00:00
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
Date: 2008-06-27 00:00:00
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
Date: 2008-06-27 00:00:00
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
Date: 2008-06-27 00:00:00
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
Date: 2008-06-27 00:00:00
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%
Date: 2008-06-27 00:00:00
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?
Date: 2008-06-27 00:00:00
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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It isn't worth not to pay the TV tax
Date: 2008-06-26 00:00:00
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
Date: 2008-06-26 00:00:00
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
Date: 2008-06-26 00:00:00
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
Date: 2008-06-26 00:00:00
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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Green light from Brussels for SPAR-Plus transaction
Date: 2008-06-26 00:00:00
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
Date: 2008-06-26 00:00:00
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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