Company and Personal News
Forrest Papír's plant developing cancelled
Date: 2009-01-20 00:00:00
Company said the reason for cancelling the investion is only partly the financial crisis, Forrest Papír see now better possibility for growth if they stain in the rent construction. The...
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Not the penalty is the cardinal goal
Date: 2009-01-20 00:00:00
According to business daily Világgazdaság, the authority leaves time for the hospitality industry to get used to the new rules of inventory. There is a panic between the caterers because...
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Wal-Mart Pulls Out Of Nielsen's PRISM Initiative
Date: 2009-01-20 00:00:00
Researcher says original marketer and agency backers of PRISM continue to support the initiative, too, including P&G, Unilever and Kraft. Wal-Mart is pulling out of Nielsen's PRISM (Pioneering Research for...
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Delhaize Group reports 15.8% sales increase
Date: 2009-01-20 00:00:00
The retail group has more than 2600 stores in the world, the sales of the company reached EUR5.4 billion in Q4 2008, compared to EUR4.6 billion for the same period...
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The most Hungarians don't borrow
Date: 2009-01-19 00:00:00
According to Szonda Ipsos research, made between October – December 2008, Hungarian inhabitans wait for an extending, 18 months long financial and economic crisis. 72% of the Hungarians said they...
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Trade mark for Hungarian pork
Date: 2009-01-19 00:00:00
The logo could be legal trade mark in 2009, but the introduction needs at least two years and large marketing budget. According to business daily Napi Gazdaság, first of all...
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Zwack pays interim dividend
Date: 2009-01-19 00:00:00
Hungarian distiller Zwack has unexpectedly announced that it will pay interim dividend in the amount of HUF 1,300 per ordinary and redeemable liquidation share that is altogether HUF 2.6455 billion....
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Carrefour reports 6.3% sales increase for 2008
Date: 2009-01-19 00:00:00
Carrefour gross sales grow to EUR97.6 billion at constant exchange rates for 2008. This was below Carrefour’s revised target of 6.5% increase. In France, total sales of EUR42.5 billion reflected...
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New Managing Director at Friesland
Date: 2009-01-19 00:00:00
Due to the successful FrieslandCampina merger Jack Castelein has been appointed to the position of Managing Director Branded Cheese for the business group Cheese & Butter of FrieslandCampina. His duties...
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DM to open first store in Bulgaria
Date: 2009-01-19 00:00:00
Five to seven stores are reported to follow in the course of the year, the next ones in Vidin and Yambol. German drugstore retailer dm is expected to open its...
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Accelerating competition between retailers lead by discounters
Date: 2009-01-19 00:00:00
Aldi and Pennydropped their prices by up to 19% on a range of products, including vegetable oil, bread, cheese and yogurt. German food giant Edeka has announced that it plans...
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No agreement about the food codex
Date: 2009-01-19 00:00:00
The commitee, co-ordinated by Ministry of Agriculture reassemble on 26th January. Members of the commitee are specialist of the ministry, representatives of the farmers, producers and retailers. Some of the...
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Multinational retailers won the biggest at last years Christmas attack
Date: 2009-01-19 00:00:00
According to marketingcommando.hu, the best Christmas season had those entrepreneurs which have a big number of customers from business sector and in their offer the are more service as products....
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New owner will built plaza near to the Hungarian Airport
Date: 2009-01-16 00:00:00
The former developer of the old russian solder garrison near to Budapest Airport, Airport City Plaza Kft. is since December 2008 under liquidation process. According to business Daily Napi Gazdaság...
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Shifters spend more – but at the competitor
Date: 2009-01-16 00:00:00
A new, valuable category of consumers called the “Shifters” — shoppers who move their purchases to new retailers — which will open up new windows of opportunity for retailers. A...
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Last year's inflation in Hungary 6.1%
Date: 2009-01-16 00:00:00
In December 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 3.5% compared to December 2007 – published the Hungarian Central Statistical Office. In December...
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The production of food decreased considerably in November
Date: 2009-01-16 00:00:00
According to national statistic office in November 2008, industrial gross output decreased by 12% compared to November 2007, the index adjusted for working days declined by 9.9%. The volume of...
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Hungarians drink beer
Date: 2009-01-16 00:00:00
44% of our citizens never drink alcohol – according to a survey by GfK made in 2008 autumn. To study the issue, the Wall Street Journal asked market-research firm GfK...
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Capsule coffee spreads
Date: 2009-01-16 00:00:00
The mashines in value HUF 40-100,000 are mostly bought by firms instead the big and expensive drink automates. According to a prognosis published in Frankfurter Allgemeine Zeitung, in the next...
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Germans are optimistic
Date: 2009-01-16 00:00:00
Most Germans say they are optimistic for 2009 as it will affect them personally while being downbeat for the country’s prospects as a whole, a Forsa poll showed. Due to...
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New owner by Salamander shoes
Date: 2009-01-16 00:00:00
The family business Ara will be the 3th owner of the company in last 5 years. The family entrepeneurs ara get the Salamander and Lurchi brands and firms store chain...
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Tesco launches greenest store in Britain
Date: 2009-01-16 00:00:00
Tesco has opened a store in the UK with a carbon footprint 70% less than other similar sized outlets and will cut its fuel costs by 48%. The 52,000 square...
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Places of retail decreased by 5,000
Date: 2009-01-16 00:00:00
According to Hungarian Central Statistical Office on 30. June 2008 the number of retail places were only 160,000, it is 3% less as a year before. But the total retail...
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Beiersdorf AG's profit grow by 25%
Date: 2009-01-15 00:00:00
Net income increased to 553 million euros ($738 million) from 442 million euros in 2007. Total revenue advanced 8.5 percent to 5.97 billion euros in the year. Beiersdorf’s skin and...
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2008 – year of collapsing
Date: 2009-01-15 00:00:00
Last year the number of non paying firms grow by 14%, in 2008 four percent of all entrepreneurs couldn't acquit – said Coface Hungary in its newest research. The most...
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CASINO and Relay to open new store concept in Paris
Date: 2009-01-15 00:00:00
The new Chez Jean store is a cross between a coffee shop and a grocery store and sells coffee, groceries, fresh bread, flowers, newspapers, tickets and lottery tickets as well...
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TESCO expects a difficult 2009
Date: 2009-01-15 00:00:00
In the seven weeks to 10 January 2009, Tesco reported a reasonable performance, with total group sales increasing by 11.6%. Growth has largely been driven by strong performances in the...
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Extreme price decrease by cereals
Date: 2009-01-15 00:00:00
In November 2008 the producer price level of agricultural products was 22.3% lower than in the corresponding period of the previous year. More specifically, the price level of crops and...
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Hungarian students are the most activy competitors on Henkel Innovation Challenge
Date: 2009-01-15 00:00:00
In November Henkel called students from 11 European countries for Innovation Challenge. From the Hungarian universities 175 teams and 83 individuals registrated to the competition. In the first round teams...
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Record fall in US retail sales
Date: 2009-01-15 00:00:00
Trade over the Christmas and sales season fell 2.7 per cent, far above the 1.2 per cent expected by analysts and, excluding car purchases, dived 3.1 per cent, the worst...
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