News and articles

Award for Kométa 99 Zrt.

Company won the „Il Ponte” Award by the Hungarian – Italian Trade Chamber, on its Christmas party last year.  The traditional event was organized by the chamber and the Polis...

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Accor 2008 revenues increased by 2.8%

Accor, the parent company of the Sofitel, Pullman and Novotel brands, has reported revenue of €7.7bn in 2008, up by 2,.8% on a like-for-like basis over the previous year ....

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Goodwill of the Hungarian wines in Africa

Wine region Sopron supports an university team at the Budapest-Bamako Rally.  The youngest team of the race, students from the „Green University” – West-Hungarian University – took also some bottle...

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Packaging with laser technology

This new Darfresh® laser technology cutting system by Cryovac brings innovative pack design and higher process flexibility to customers. Valex adopted the Darfresh® laser technology in 2007. The company packages...

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Cold-storage plant to built in Simontornya

In the new built plant of Hungaro Berry Kft. yearly 3-4,000 tons of sour cherry and elder will be frozen. The company sells to fruits for processors in West-Europe.  The...

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EU plans global food stock chain

European Parliament call on the EU to take the lead in establishing a global food inventory regime and a global system of food stocks in order to provide adequate advance...

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EU restarts export subsidies for dairy

This week the European Union restarts export subsidies for butter, cheese and milk powder to help dairy producers hurt by falling prices.  The European Commission said it would also buy...

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Forrest Papír's plant developing cancelled

Company said the reason for cancelling the investion is only partly the financial crisis, Forrest Papír see now better possibility for growth if they stain in the rent construction.  The...

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Not the penalty is the cardinal goal

According to business daily Világgazdaság, the authority leaves time for the hospitality industry to get used to the new rules of inventory.  There is a panic between the caterers because...

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Wal-Mart Pulls Out Of Nielsen's PRISM Initiative

Researcher says original marketer and agency backers of PRISM continue to support the initiative, too, including P&G, Unilever and Kraft.  Wal-Mart is pulling out of Nielsen's PRISM (Pioneering Research for...

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Delhaize Group reports 15.8% sales increase

The retail group has more than 2600 stores in the world, the sales of the company reached EUR5.4 billion in Q4 2008, compared to EUR4.6 billion for the same period...

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Starbucks expands in Portugal

Over the next two years growth will be concentrated in the Lisbon area and from 2011 onwards the company will look to expand in Oporto.  US coffee chain Starbucks has...

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Gerbeaud to open cafe in Japan

The, in July opening Tokyo unit bids the classical Gerbeaud sweets but also offers Japanese tastes. The head of the cafe will be mrs. Gyöngyi Vlasics Böle, the director of...

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Trade mark for Hungarian pork

The logo could be legal trade mark in 2009, but the introduction needs at least two years and large marketing budget.  According to business daily Napi Gazdaság, first of all...

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Zwack pays interim dividend

Hungarian distiller Zwack has unexpectedly announced that it will pay interim dividend in the amount of HUF 1,300 per ordinary and redeemable liquidation share that is altogether HUF 2.6455 billion....

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Carrefour reports 6.3% sales increase for 2008

Carrefour gross sales grow to EUR97.6 billion at constant exchange rates for 2008. This was below Carrefour’s revised target of 6.5% increase.  In France, total sales of EUR42.5 billion reflected...

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New Managing Director at Friesland

Due to the successful FrieslandCampina merger Jack Castelein has been appointed to the position of Managing Director Branded Cheese for the business group Cheese & Butter of FrieslandCampina.  His duties...

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DM to open first store in Bulgaria

Five to seven stores are reported to follow in the course of the year, the next ones in Vidin and Yambol.  German drugstore retailer dm is expected to open its...

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Accelerating competition between retailers lead by discounters

Aldi and Pennydropped their prices by up to 19% on a range of products, including vegetable oil, bread, cheese and yogurt. German food giant Edeka has announced that it plans...

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No agreement about the food codex

The commitee, co-ordinated by Ministry of Agriculture reassemble on 26th January.  Members of the commitee are specialist of the ministry, representatives of the farmers, producers and retailers. Some of the...

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Hungary's best restaurant is the Bock Bisztró

The Dining Guide awarded Hungary's best place since 2005. The aim of the competition is the grow of the quality of Hungarian hospitality.  In 2008 the best place is Bock...

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Multinational retailers won the biggest at last years Christmas attack

According to marketingcommando.hu, the best Christmas season had those entrepreneurs which have a big number of customers from business sector and in their offer the are more service as products....

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The most Hungarians don't borrow

According to Szonda Ipsos research, made between October – December 2008, Hungarian inhabitans wait for an extending, 18 months long financial and economic crisis.  72% of the Hungarians said they...

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Shifters spend more – but at the competitor

A new, valuable category of consumers called the “Shifters” — shoppers who move their purchases to new retailers — which will open up new windows of opportunity for retailers.  A...

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Last year's inflation in Hungary 6.1%

In December 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 3.5% compared to December 2007 – published the Hungarian Central Statistical Office.  In December...

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The production of food decreased considerably in November

According to national statistic office in November 2008, industrial gross output decreased by 12% compared to November 2007, the index adjusted for working days declined by 9.9%.  The volume of...

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Hungarians drink beer

44% of our citizens never drink alcohol – according to a survey by GfK made in 2008 autumn.  To study the issue, the Wall Street Journal asked market-research firm GfK...

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Capsule coffee spreads

The mashines in value HUF 40-100,000 are mostly bought by firms instead the big and expensive drink automates.  According to a prognosis published in Frankfurter Allgemeine Zeitung, in the next...

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Germans are optimistic

Most Germans say they are optimistic for 2009 as it will affect them personally while being downbeat for the country’s prospects as a whole, a Forsa poll showed.  Due to...

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New owner by Salamander shoes

The family business Ara will be the 3th owner of the company in last 5 years. The family entrepeneurs ara get the Salamander and Lurchi brands and firms store chain...

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