News and articles

Praktiker to expand further in Eastern Europe

The DIY chain is set to step into the Ukrainian market next week and its next target on the agenda is Albania. Despite the negative impact of the government's austerity...

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Starbucks Plans 100 More UK, Ireland Outlets

Howard Schultz, the group's founder and chairman belives that in the U.K. coffee shop market far more growth to come. Starbucks Corp. is planning its expansion overseas,  its biggest program...

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Maspex increase at Romanian pasta market

Tymbark Maspex Romania buys majority stake in Romanian pasta manufacturer Arnos Romanian food and beverage group.  Tymbark Maspex, part of the Polish Maspex Group, has announced its acquisition of 80%...

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San Francisco bans plastic grocery bags

Starting Tuesday traditional plastic bags are banned from supermarket checkout lines in San Francisco. The ban is being implemented under a city ordinance passed this year. City officials estimated 180...

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Matra Cukor Shuts Hungary Sugar Unit

German-based Nordzucker AG's parent company said it will relinquish one-third of the sugar production quota in Hungary. This move is in response to the European Union's drastic sugar reform, which...

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2008 – Year of Feta

Greece is hoping promotion of its trademark salty cheese will win more international clients.  Despite winning the exclusive right to call its white cheese feta in 2005, after a long...

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Brussels Plans 'Made in EU' Food Label

The European Commission is considering introducing a “made in the EU” label for food and drinks, aimed at identifying products made in the European Union.  The proposal, prepared by health...

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Soon opens the first Cortefiel store in Budapest

Beginning with 2009, Spanish group Cortefiel will market its own brand in Hungary. Cortefiel is targeting urbanized adults between the age of 30 and 60, which makes it a rival...

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Excellent Hungarian Food Award for two products of Papai Hus

After a successful reorganization program the company cut 33,000 more pigs as in the last year period. During the IFE-Foodapest exhibition take part the award gala of Excellent Hungarian Food,...

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Year's end shopping focus on hypermarkets

This year MP4 player and auto navigation set are the most popular christmas gifts.  According to Gfk researches in December consumer give 25% more for FMCG as in a normal...

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HUF 500 million for Hungarian National Tourist Office

If the campaign will be successful, the goal is extra 300,000 guest nights, then the organization gets another half billion HUF. From the extra source three new program start, all...

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Marché International's restaurant along the S1 at Vienna's Schwechat Airport

The subsidiary of the Mövenpick Group, which open 6 restaurant at MOL gasstation in the next year, celebrates the grand opening of Austria's largest highway rest stop. Marché Schwechat will...

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Tradition and modernity – Lounge Editon 2007 arrived

In Hungary only 60 bottle of newest Grand Marnier are available in retail. Lounge bars are the theme of this year 's limited edition, which is the fifth in the...

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Agrana to concentrate refining activities at the Kaposvár facility

The second Magyar Cukor refinery at Petöhaza will be closed.   In the course of the latest reform of the EU sugar market regime, talks are currently taking place in...

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Instead choco Santas Hungarians buy „szaloncukor”

According to Gfk Hungaria ConsumerScan datas the demanf for Hungarian christmas candy „szaloncukor” growth in 2006, but 2% less Santas from choco were bought.  In the last seasson 4% more...

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Yearly 130 millio kilo meat of pork is bought on black roads

According to specialist of meat industry said: it will be 25% price increase in Europe in 2008.  The members of the Hungarian Meat Association said they have to survive 10%...

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Americans give less money for Chirstmas

The holiday sales season may be the grimmest for U.S. retailers in at least five years said specialists.  High gasoline and home heating prices, as well as levels of consumer...

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SABMiller to pay the holland Grolsch for Euro 816 million

SABMiller sees significant potential across Africa and Latin America, where the premium segment is still in its infancy, and in the more developed markets of Central and Eastern Europe.  ...

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Marketing education on IFE-Foodapest

The new founded Club of Marketing Consultants organise presentations during the exhibation's periode. There are several presentation on 20 and 22 November and a half day seminar is waiting the...

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Strong food security control in Christmas period

The authority works normally with 800 people, in December with 2,000.   The supervisors check the traceability of the products, the logistic conditions, the quality control, the waste managment etc....

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Every European food must be labelled with GDA in three years

The EU would bind the producers to show the food's sugar, salt, fat content. According to a Union plan the content must be written for 100 gramm and for each...

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Hershey to Close one of its American Plant

A Naugatuck factory where candy bars such as Mounds and Almond Joy have been made for 85 years, is shutting down for good. The shift is part of an overall...

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Reorganizations at Kraft Foods

Kraft FoodS Inc. said it will close its Cobourg, Ont., manufacturing facility by October 2008.  The Northfield, Ill., food company has 380 employees at the Cobourg plant, which makes cereal,...

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Plus and Netto Marken-Discount to Form Joint Venture

The Tengelmann Group will in future be cooperating closely with the Hamburg-headquartered EDEKA Group.  The new company in which EDEKA has a 70 percent stake and Tengelmann 30 percent will...

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5% revenue increase at Lego

In Germany the company has 12% market share. Despite forecasts that sales would fall in 2007, the LEGO Group sold 5% more during the first half of the year than...

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Fornetti to Expand Output

With a view to cater for growing demand from Bulgaria and Romania, the company plans to expand the capacity of its plant by 250-300 tons per month. To reach its...

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Renovation program for one million USD at Holiday Inn hotels

All Holiday Inn hotels, more than 3,000, open or under development are expected to have implemented the relaunch programme by the end of 2010, with the first due to open...

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Bank of the year 2007- CIB Bank is on the top

Mastercard Bank of the year 2007 competition's second place is MKB's, the third is for OTP. The most sympathetic bank for the public was Raiffeisen Bank. Most of the biggest...

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Hungary's biggest shopping centre opens

After two weeks and 3 hour lag yesterday Arena Plaza opened its gates. People run to buy cheap flat tvs and other discount price products. The 180,000-square-metre Arena Plaza will...

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Slackly developing on hypermarkets

According to Nielsen Research Company this year until November 11 new hypermarket were opened, last year, there were 17, two years before 15 new hypermarket opened its gates. There are...

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