Company and Personal News

CBA unity – beyond borders as well

It was more than 15 years ago that ten private retailers joined forces in order to be able to buy 17 stores which had originally belonged to the state owned....

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Dermatologist in the West, TV in the East

According to data from a survey conducted by GfK Roper, four people out of ten are satisfied with the way they look world-wide and in Hungary, as well. The survey...

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Ammerland Trappista cheese

Fresh coastwind, juicy greens, and our Lighthouse. Here is the unique home of the fresh taste Ammerland Trappista and other best quality cheese. Agency: S.A.L.T. Kft. Customer: Ammerland Hungary Kft....

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Museum becoming exciting

The Hungarian Museum of Commerce and Catering which relocated to a new address in September 2006, seems to be successful in fulfilling its cultural mission. Although it is a specialised...

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Question:

The question I would like to ask Laura Tengerdi, marketing director of Unilever Algida is: what in her opinion is the perception of ice creams in the Hungarian market, especially...

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Coop united and strong

Last year, the Coop group succeeded in executing the major points of its medium term strategy accepted in 2006. The IT system was modernised, many new franchise partners joined the...

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HUF “in the pilow”

Investors have generally become more cautious world-wide – summed up Ákos Kozák, managing director, the findings of the survey “Investment Barometer” prepared by the Gfk Group for the The Wall...

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Chio Crackings

The spot is a follow up to the popular Chio Crackings mouse story. It is replayed in the first part how the lead character mouse got hold of Sajtos Chio...

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Cryovac launches printable top web for vacuum packaging

The new Darfresh TP100 allows manufacturers to use high quality printing to differentiate their products.The new Darfresh TP100 top web film is printed on the surface using flexography in up...

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Action Plan against fake products made in China

The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...

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18% increase at Visa Hungary

Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...

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Hungary jobless rate rises in Q4 2007

According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...

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Drastic price increase at beers

According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...

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Ferroro to Built chocolate plant in Russia

The 200 million euro factory will produce 25,000 tons of its Raffaello and Kinder Chocolate brands annually.The Russia's chocolate market is valued at 250 billion rubles ($10.2 billion) with a...

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OBI is Going to Extend in Romania and Slovakai

With more than 500 stores OBI is the undisputed No 1 in the German market and one of the leading European DIY retailers, overall sales worth was EUR 5.8 billion....

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New Business Environment Rating system by Coface

Complementary to Country@ratings, a new rating is thus available that reflects business environment quality by 150 country.  On the occasion of its annual country risk conference, Coface forecasts slower world...

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From industrial place to retail center at the former Zalahus plant

With 35-40 million euros investment a shopping center ring by green parks, playgrounds and car parks will be built by Convergence Capital Ltd. The construction works started in second half...

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Espresso and cappucino are the most popular coffees

According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...

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Spring time opens the M1 Outlet & Shopping Center

The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...

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HUF 45 million food was donated in Spar stores

Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone.  Last in the Christmas action 130...

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EU pressures general labeling

Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce.  The European Union's...

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Russia to extend food price freeze

Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1.  The freeze on prices for bread, milk, sunflower oil and eggs is designed to...

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Hungary's industrial producer price rose by 1.6% year on year

According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...

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Henkel Awards for research and technology invention

Finally, eight interdisciplinary project teams were chosen to receive the coveted prize.  The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...

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Fast growing on-line shopping all over the world

Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either.    Nielsen says more than eight out...

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Tommy Hilfiger halts flotation

The move could also prompt a rethink at other high-profile fashion brands, such as Prada and Salvatore Ferragamo in Milan. Hilfiger, viewed as an all-American lifestyle brand and famous for...

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Food companies must to go greener

At least 30% of shoppers look for environmentally friendly products and packages in the US.  Fearing retribution from environmentalists that could taint their brands, Kraft and Sara Lee are among...

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New CEO at LLP Budapest

Zsolt Ambrus works from 1 March, he was the former division leader of Microsoft Dynamics Hungary.  The specialist worked for Oracle, than in 2003 he joined to Microsoft Hungary, first...

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Tesco to Open `Express' Convenience Stores in China

Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China.  Tesco, Britain’s...

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