News and articles
Inspection at European big supermarket chains
Date: 2008-02-06 00:00:00
A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs. The increasingly dominant...
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Surpassing sales in Latin-America and Europe
Date: 2008-02-06 00:00:00
Whirlpool Corp. said its fourth-quarter profit climbed to USD 187 millions, helped by its Maytag acquisition and an improved product mix and the weak dollar. Quarterly revenue grew seven...
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International Boost Sweetens Wrigley Sales
Date: 2008-02-06 00:00:00
The Chicago-based company's fourth-quarter profit totaled $155 million, or 56 cents a share, for a dime-a-share leap vs. last year.Revenue got pushed 16.4% higher to a better-than-expected $1.42 billion, primarily...
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Collective Hungarian exhibition at Prodexpo Moskow with AMC support
Date: 2008-02-06 00:00:00
Twenty Hungarian companies show themselft on the event from 11-15 February 2008. The Hungarian Agrar Marketing Centrum this year organised present for Hungarian firms at Prodexpo in Moskow. The 15th...
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Imperial Tobacco's Altadis takeover offer
Date: 2008-02-05 00:00:00
UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur. The board of the Franco-Spanish company Altadis...
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French Supermarket Workers Strike over Wages
Date: 2008-02-05 00:00:00
Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...
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Mihaly Hardy leaved Tesco
Date: 2008-02-05 00:00:00
The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...
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Unilever Acquires Leading Russian Ice Cream Company Inmarko
Date: 2008-02-05 00:00:00
The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...
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Hungary's economic growth will pick up and its inflation will slow down this year
Date: 2008-02-05 00:00:00
Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...
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The labor market of retail to increase in 2008
Date: 2008-02-05 00:00:00
According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...
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Two digits growth at Coca-Cola Beverages Hungary
Date: 2008-02-05 00:00:00
The company increased its market shares and get now 20 pct, one third of the sales came from the new products. The growth is thank to the fact too,...
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Burger King Keeps Rising
Date: 2008-02-04 00:00:00
Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...
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Aldi to open in February
Date: 2008-02-04 00:00:00
According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings. It is unkonwn how many stores...
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dm to start in Bulgaria 2009
Date: 2008-02-04 00:00:00
The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...
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Top-100 Hungarian Companies are Less Optimistic
Date: 2008-02-04 00:00:00
The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008. Hungarian companies are looking to the future with a degree of apprehension, according to the stats....
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A Helping Hand for SMEs for free
Date: 2008-02-04 00:00:00
The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days. The Hungarian Chamber of Commerce & Industry takes part in the program, wich...
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Mondi to develope in Poland
Date: 2008-02-04 00:00:00
International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...
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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt
Date: 2008-02-04 00:00:00
The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers. According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...
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Sodexho Alliance renamed Sodexo
Date: 2008-02-04 00:00:00
The evolution of the brand shows the grow and progress to become the premier global outsourcing expert. France based contract caterer and facilities company Sodexho Alliance has been renamed...
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Tesco opened a new front in the ongoing supermarket price war
Date: 2008-02-04 00:00:00
In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...
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World of commerce in Hungary
Date: 2008-02-01 08:00:00
“World of commerce – Episodes from the history of Hungarian commerce” is the title of a book by Anikó S. Nagy published in December. The “World of Commerce” draws attention...
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176 medals at HunDeszt 2007
Date: 2008-02-01 08:00:00
As the 6th of December was the day of palinka, results were announced at the Hun Deszt 2007 palinka competition where 220 spirits from 25 distilleries competed. 57 gold, 76...
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Black tea losing ground
Date: 2008-02-01 08:00:00
Tea sales have been growing for years. According to Nielsen data, the market expanded by 9 per cent in terms of value in the December 2006 – November 2007 period,...
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Match with a distinctive strategy
Date: 2008-02-01 08:00:00
In recent years, Match did not show rapid expansion. In fact, the number of their stores dropped. However, as results began to improve, the owners approved of opening new stores...
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Food prices going up
Date: 2008-02-01 08:00:00
The average increase in consumer price was 0,6 per cent in November 2007. Prices showed a year on year increase of 7,1 per cent. According to a KSH report, prices...
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Bonbonetti Elegance
Date: 2008-02-01 08:00:00
The new Bonbonetti Elegance wafer sticks spread with peanut cream will be a light and creamy source of joy for the fans dark chocolate....
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Beer at higher level
Date: 2008-02-01 08:00:00
The Beer Academy established by Borsodi Sörgyár Zrt. was opened on 17 December. This institution offers a training course which includes a general review of beer types, the proper tapping...
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If Milli, then it’s Debrecen
Date: 2008-02-01 08:00:00
The new curd production plant of Friesland Hungária zRt. was opened on 22 November. The EUR 2 billion investment is part of their regional strategy to consolidate their activities in...
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Black tea continues to fade in the market
Date: 2008-02-01 08:00:00
The market of tea is becoming increasingly colourful. Owing to the rapid changes in tea culture, green, herbal and fruit teas are challenging the once dominant black tea. Black tea...
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