News and articles
Tag Heuer butique on Andrassy avenue
Date: 2008-11-19 00:00:00
TAG Heuer as brand is well known from Formula 1 racing, also the TAG Heuer luxus watches were available in Budapest, but from December the company has own butique in...
Read more
H&M sales decreased
Date: 2008-11-19 00:00:00
Hennes & Mauritz, a Swedish apparel retail chain, reported a decline in sales for October, with comparable units down by 2%, in spite of an increase in the number of...
Read more
Lidl could open in Romania in 2010
Date: 2008-11-18 00:00:00
According to unconfirmed reports in the Romanian press, Schwarz-owned Lidl could open its first stores in the country in 2010, following completion of the retailer’s logistics centre in Chiajna, near...
Read more
Carrefour France reduces sales area
Date: 2008-11-18 00:00:00
According to reports in French newspaper Le Figaro, Carrefour France is going to reduce the sales area of its largest hypermarket in the country by 6,000 square metres. The hypermarket...
Read more
US$20 million for FoodTech International
Date: 2008-11-18 00:00:00
The buyer is the Nestle and Osem consortium. Last year FoodTech has sales of US$14.6 million. For the first three quarters of 2008 the company reported sales of US$15.4 million....
Read more
Henkel Announces Successful Public Offering of Its Shares in Ecolab
Date: 2008-11-18 00:00:00
Henkel has held an investment in Ecolab since 1989. In 1991, Ecolab and Henkel formed a joint venture in Europe, combining each company's European commercial cleaning and sanitizing operations. Henkel...
Read more
'Investors of the Year' Awards
Date: 2008-11-18 00:00:00
Investments of the companies awarded have totalled more than EURO 1.2 billion and created more than 5200 new jobs. The Ministry for National Development and Economy and ITD Hungary awarded...
Read more
Meat industry needs help from the government
Date: 2008-11-18 00:00:00
According to the Hungarian Meat processor's association the state should help Papai Hus Zrt. to get straight. The president of the association wrote letter about it to the agricultural minister...
Read more
Szentkiralyi mineral water is the most popular
Date: 2008-11-18 00:00:00
According to ACNielsen's research in September 2008 , the brand is the favorite both, in sales of value and volume. Szentkiralyi Asvanyviz Ltd., which is a family business, precedes Kekkuti...
Read more
Huge price increase for eggs
Date: 2008-11-18 00:00:00
According to the Poultry Product Chamber the consumer price for eggs could reach HUF 40 in the Christmas season. Last weeks the suppliers price grow by HUF 2 to HUF...
Read more
Industrial gross out put increasing stoped
Date: 2008-11-17 00:00:00
According to the Central Statistic Office in September 2008, the industrial gross output decreased by 0.7% compared to September 2007,the index adjusted by working days declined by 5.3%. The volume...
Read more
EU court rejects Lego trademark
Date: 2008-11-17 00:00:00
The Danish toy maker Lego has lost a court battle to protect its iconic plastic bricks. The EU's Court of First Instance upheld a 2004 EU decision to cancel the...
Read more
New Tesco unit in Gyula
Date: 2008-11-17 00:00:00
The store has 5,000 sqm retail area and has a parkplace for 500 cars. Soon works here a discount gas station with 8 pumps. 180 people work at the Tesco...
Read more
Employees in the retail sector aren't comitted enough to their workplace
Date: 2008-11-17 00:00:00
Only half of the employees is able and want too, to make better achievement to help their workplaces succes – said an research in business daily Vilaggazdasag. The most comitted...
Read more
Strong German presence at 8th China Brew and Beverage
Date: 2008-11-17 00:00:00
The eighth edition of the China Brew and Beverage in Peking, from 20-23 October, covered a display area of almost 23,000 m2. It ranks as the biggest exhibition for brewing...
Read more
Crisis on the Hungarian milk market
Date: 2008-11-17 00:00:00
The biggest problem the low suppliers price and the retail price in the shops. Last year the supplier's price was HUF 100, nowadays it is about HUF 75. Friday...
Read more
MERCATOR not to be bought back by Slovenia
Date: 2008-11-17 00:00:00
According to a statement by Slovenia’s prospective economy minister, Matej Lahovnik, the government is unlikely to buy a stake in Mercator, the country's largest food retailer whose shareholders will put...
Read more
Red label for Colourings
Date: 2008-11-17 00:00:00
The additional label information on foods containing E102 , E104, E110, E122, E124 or E129 will be obliged to state: “Consumption may have an adverse effect on activity and attention...
Read more
Perfume and music in gyms
Date: 2008-11-16 08:00:00
Mood Media has been contracted by Holmes Place International, an operator of premium category health clubs for providing background music in their entire chain. The agreement has been signed by...
Read more
From one to two
Date: 2008-11-16 08:00:00
The 100,000th Széchenyi card and the first Széchenyi card 2 were handed over ceremonially in Budapest, on 9. October. Among others, the event was attended by the minister of finance,...
Read more
Bio sector expecting strong sales at the end of the year
Date: 2008-11-16 08:00:00
Organic and health food has appeared in hyper markets and supermarkets years ago. Today, organic food is found on the shelves in most stores and online sale are also growing....
Read more
Frozen vegetables still „mono”
Date: 2008-11-16 08:00:00
Though sales of frozen vegetables expanded in terms of value last year, as a result of higher prices, sales in terms of quantity dropped somewhat. Sales of both mono and...
Read more
Masculine beverage in Hungary
Date: 2008-11-16 08:00:00
Per capita beer consumption of 82 litres/year has been stable in Hungary for years. The world leader in per capita consumption is the Czech Republic where this figure is 160...
Read more
Cost saving innovations in machinery
Date: 2008-11-16 08:00:00
Innovation in technology for the food industry has accelerated in recent years. Innovation is aimed primarily at reducing operating costs. Economy is a priority in both energy consumption and the...
Read more
Take a look at Paris!
Date: 2008-11-16 08:00:00
Hyper markets are undoubtedly a French invention. Carrefour has been the first to open a store of this type in a suburb of Paris. Let’s take a look at the...
Read more
Bertolli Tejszínes paradicsomos tésztaszósz
Date: 2008-11-16 08:00:00
A new variant with sour cream and tomato has been added to the assortment of Bertolli pasta sauces sold in pouches....
Read more
New regional boss for Unilever
Date: 2008-11-16 08:00:00
Herman Verstraeten was appointed the new regional CEO of Unilever Central Europe on 1. September. Herman Verstraeten took over the position from Tracey Rogers. He had been the CEO of...
Read more
Wine and chocolate in harmony
Date: 2008-11-16 08:00:00
A press conference was organised by the Association of Hungarian Manufacturers of Sweets and the Hungarian Wine and Grape Association to promote wine and chocolate jointly on 2. A shift...
Read more