News and articles

HUF 12 million conraband

Customs officers seized 31,000 cartons of cigarettes in a van.  The worth of contraband cigarettes was 12 million forints, the products brought into the country from the Ukraine. The officers...

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Germans don't do shopping

In Surprise Fall German retail sales fell unexpectedly in August, affected by the impact of higher oil prices and the credit-market turmoil.  Sales, adjusted for inflation and seasonal swings, fell...

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Foreign companies barred from importing meat into Russia

Over 80 foreign companies were stripped of meat import licences into Russia this year because of deemed poor quality.   "The right to export meat to Russia was stripped from...

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Auchan to invest in Portugal

The retail group will invest about 600 mln eur in Portugal over the next three years as part of an expansion plan. The group plans to expand its Pao de...

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Swiss cartel authorities back Aldi and Lidl expansion plans

Swiss regulators back expansion plans of German discount retailers Aldi and Lidl, Handelsblatt reported, citing a statement made by the Swiss cartel office.  The report said the cartel office approved...

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METRO Group dashes in Turkey

Media Markt, brand of the METRO GROUP opens its first Turkish store in Istanbul.  Following Metro Cash & Carry and Real, Media Markt is now the third sales brand of...

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New Visa card with EMV system

V PAY is a chip and PIN only product, with no legacy requirement to support manual imprinting, cardholder signature and magnetic stripe reading. 17 million cards will be change. The...

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One week for the entrepreneurs

Free presentations and discourses about questions serve the Hungarian entrepreneurs from 27 September to 6 October, organised by Budapest Chamber of Industries. Days of the Chamber's program begins with the...

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Warm food voucher is popular

According to GKI research company, in 2003 only 300,000, this year 570,000 employees get warm food vouchers.  58% of the competition sector's employees get cold food vouchers and 18% warm...

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The best bartender is looking by Stella Artois

The three week competition started 24 September in six regions of Hungary, the best in show will be on 9. October in Budapest. The first 3 from all regions can...

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Medicines at Drogerie Markt

Until the end of 2007 the company hopes to open drug corners at the all chain, in 2003 stores. It costs HUF 500 million. This time medicament can be sold...

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Milk producers make the pace

Subsequent upon the price war there are empty shelves at the supermarkets milk sections. The processing industry and the exporters run against each other and jack up the price. There...

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Start at Airport City

The first phase of the project is scheduled for completion in Q1 2008 including 8,300 sqm of warehouse space for lease and nearly 2,000 sqm of offices. Developer Ablon has...

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New owner and developing at the Bertrans logistic park in Kecskemet

Australia's Goodman Group buys logistics park in Hungary.  Goodman, an integrated property group listed on the Australian Stock Exchange, has acquired the Kecskemét-based logistics park of Hungarian logistics service provider...

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Heineken introduces new light lager in Russia

The new brand will be positioned in the premium class beer segment and will be supported by a wide promotion campaign across various mass media. Heineken has introduced a new...

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Ribena to go green

The company said that it will become the first in UK's soft drinks industry to increase the recycled content of its ready-to-drink bottles from 40% to 100%. All Ribena bottles,...

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Aldi defers in Poland

German discount retailer Aldi has postponed plans to enter the Polish market until early next year and will open fewer outlets there than planned. Aldi will open about 10 stores...

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Ferrero loses monopoly over Kinder sweets

Ferrero has been left with a bitter taste after being banned from keeping its monopoly over the word kinder, the German word for children, on its popular Kinder Surprise eggs....

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Summer raid – HUF 500 million fine

In the course of the 10 weeks control the inspectors spied at the Lake-Balaton, on the biggest events – as Sziget Festival and on the famous holiday places. Inspectors found...

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Rumbling over

The „Apenta will rumble in the summer” promotional campaign is over. Participants were able to win a Whirpool Inox refrigerator each day, while the main prize was an Air Tours...

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Lebensmittel Praxis: special edition about Hungary

According to the special edition of the prestigious German magazine, Lebensmittel Praxis, devoted entirely to Hungary: „Though the trading business focuses on China, India, Russia and The Ukraine nowadays, Hungary...

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Cheese sales concentrated in modern store types

The dynamic growth of cheese sales seen in recent years has slowed down. With growth of 8 per cent in terms of value between July 2006 and June 2007, annual...

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Consolidation in truck production

Half of the world market of medium and heavy commercial vehicles is shared between six companies. Volvo (already the owner of Renault VI-t and Mack) acquired Nissan Diesel in March....

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Shop & Roll

Shop&Roll rolling basket is an ideal tool for regular shopping....

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Displays for Tchibo

Displays for Tchibo instant specialities guarantee a spectacular appearance for these products. They will be delivered to stores in October and will guarantee intensive Tchibo presence for a period of...

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Friesland moving production capacity

Friesland Hungária zRt. will relocate its production capacity from Nagybánhegyes to Debrecen at the end of September, as the last step of its consolidation process announced in November 2006....

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Maspex investing in The Ukraine

Maspex is to establish a sugar processing plant in the Ukraine. The EUR 50 million .project of the Polish soft drinks manufacturer will be completed in three years. Revenues of...

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Fighting common taste

The block of people who regard cheese as being identical with trappista is still substantial and constitute the majority. The situation is however, changing slowly. – In Hungary, there is...

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Good days for palinka

Palinka sales in the HoReCa sector grew by 10 per cent in terms of value in the June 2006–May 2007 period. Total palinka sales in the HoReCa sector exceeded HUF...

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Kinley Bitter Rosso

This refreshment has been conceived in unquestionably Italian style: with amaretto aroma, carbon dioxide, ruby colour and an excitingly refreshing effect....

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