News and articles
Huge fine for Dia in Greece
Date: 2008-07-04 00:00:00
According to local press reports the Competition Committee has imposed a penalty of EUR5.1 million on Carrefour-owned Dia. The discounter was forcing the franchisees to sell their products at certain...
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Target: Costumers younger than 18 years old
Date: 2008-07-04 00:00:00
A new conference about youth will be organised in October under the subtittle „Do we understand what about our children speak?”. The is a research about youth segmentation, subcultures etc....
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Wal-Mart Faces $2 Billion Labor Law Trial
Date: 2008-07-04 00:00:00
The lawsuit is one of more than 70 cases, including class actions, or group suits, in which Wal-Mart has been accused of wage-law violations. Wal-Mart Stores Inc. broke Minnesota...
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Anheuser-Busch Faces Shareholder Lawsuits
Date: 2008-07-03 00:00:00
Some Anheuser-Busch Cos Inc shareholders have filed lawsuits seeking to force the U.S. brewer to fairly consider the $46.3 billion takeover bid from InBev NV, according to court documents obtained...
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Lefelé módosította várható profitját a Marks & Spencer
Date: 2008-07-03 00:00:00
The retailer posted profits of £1bn last year and analysts were expecting profits of around £870m this year. Overall M&S's UK sales were down 5.3% in the 13 weeks to...
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Dutch smoking ban
Date: 2008-07-03 00:00:00
A tobacco smoking ban came into force Tuesday in cafes, bars and restaurants throughout the Netherlands. While patrons are no longer allowed to light up cigarettes, they can still...
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Hungarian Companies are more Pessimistic
Date: 2008-07-03 00:00:00
The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter. Ecostat's TOP-100 index for sentiment at...
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Starbucks to fire 12,000 employees
Date: 2008-07-03 00:00:00
Starbucks will close 600 stores in the United State of America, most of them opened after the start of fiscal 2006. The Seattle-based company said in a release that it...
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Nike profit up by 12%
Date: 2008-07-03 00:00:00
Revenue grew only 4% in the U.S., 19% in the European region, 39% in the Asia Pacific region and 30% in the Americas region. Nike posted better than expected net...
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Friesland to Develop New Proteins for Boosting Immune System
Date: 2008-07-03 00:00:00
Friesland Foods, Lactive and Animal Sciences Group of Wageningen UR are jointly researching new proteins that play a part in boosting the immune system. Friesland Foods Domo s expertise in...
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Virtual shopping can't take all
Date: 2008-07-02 00:00:00
The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....
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Germans to shop more in May
Date: 2008-07-02 00:00:00
German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...
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Auchan to Open Next Unit in Miskolc
Date: 2008-07-02 00:00:00
The new ecofriendly hypermarket will be less high as the others and has special heating and cooling technology. The next Auchan hypermarket, which opens in last quater of the...
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Aldi to Open One New Store a Week until 2013
Date: 2008-07-02 00:00:00
Aldi sets to spend £1.5 billion up on its expansion plans – building a new store every week and recruiting 1,500 employees. The German hard discount chain announced its plans...
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Kellogg Acquires Leading Biscuit Manufacturer in China
Date: 2008-07-02 00:00:00
Kellogg Company acquired Zhenghang Food Company Ltd., a manufacturer of cookies and crackers in the northeastern region of China. "Geographic expansion in high-growth markets like China will help Kellogg Company...
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Tesco Donation for Salva Vita Foundation
Date: 2008-07-02 00:00:00
Since 2003 the British retail company sponsors every year a program or organisation which help disadvantaged people to make their life better. Last year Salva Vita Foundation's „Workplace program” won...
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Lipton's New Promotion with Yellow Dressed Policemen
Date: 2008-07-02 00:00:00
The in June started action focus on the new, fresh, lemon taste of Lipton. Yellow dressed health policemen run in the city wiht a yellow Ford Crown Victoria police...
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EU Tightens Import Norms on Indian Guar Gum
Date: 2008-07-01 00:00:00
The European Union has sought certification from an Indian government trade body and a laboratory on guar gum to eliminate toxin contamination. In July and August last year, 16 of...
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Coca-Cola Acquires Waters and Soft Drink Brands
Date: 2008-07-01 00:00:00
The American soft drink giant payed USD 225 million for Carlsberg. According to the agreement, which takes effect immediately, Coca-Cola acquires Carlsberg’s mineral water brands Kildevæld and Kurvand in Denmark...
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New foam tray for packing and into oven
Date: 2008-07-01 00:00:00
Sealed Air said that its Cryovac ovenable foam tray (OFT), suitable for either microwave or traditional oven use. A new C-PET foam tray targeted at the chilled and frozen ready...
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Austrian Food Specialities debuts in New York
Date: 2008-07-01 00:00:00
The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets. More than 2,300 domestic exhibitors from around the country and the...
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New Sales Director at LLP Budapest
Date: 2008-07-01 00:00:00
Attila Biber is the second specialist, in a short periode, who arrived from Microsoft Hungary. LLP Budapest's CEO, Zsolt Ambrus also worked at computer giant. Attila Biber (42) is mathematician...
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Carrefour Slides on Reduced Profit
Date: 2008-07-01 00:00:00
Carrefour SA, Europe's biggest retailer, fell to a 3 1/2-year low in Paris trading after scaling back forecasts for operating profit and sales. Operating profit will increase at about the...
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Tchibo Owners Boost Escada Stake
Date: 2008-07-01 00:00:00
Tchibo owners Wolfgang and Michael Herz are buying a “significant minority interest'' in Escada AG, a German luxury fashion brand. The Herz brothers plan on buying shares in a...
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Consumer Spending Higher-Than-Expected In May
Date: 2008-07-01 00:00:00
US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007. Figures from the Commerce Department said the rebates helped...
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Hungarians consumpt less biscuit
Date: 2008-06-30 00:00:00
Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we. Hungarians eat...
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30 billion dollars a year agricultural investment needed
Date: 2008-06-30 00:00:00
The UN's Food and Agriculture Organization said 30 billion dollars (19 billion euros) will be needed every year until 2050 to stave off world hunger. Soaring food prices may reverse...
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Nutritek Profit up 17 pct
Date: 2008-06-30 00:00:00
Nutrinvestholding, the listed arm of Russian baby food maker Nutritek Group, boosted net profit by 17 percent to $26 million in the year ended March 31, 2008. Nutritek's revenue rose...
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Payable household goods in Hungary
Date: 2008-06-30 00:00:00
According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average. Within the framework of the European...
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Tesco, Asda Cut More Prices
Date: 2008-06-30 00:00:00
Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition. Tesco will cut prices on 3,000 products...
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