News and articles

Delhaize confirms new discount concept in Belgium

At the end of last week, Delhaize confirmed that it is opening a new discount store concept in Belgium.  A spokesman for the retailer said that the new “concept store”...

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Dunkin Donuts opens first 'green' store

The company has announced the opening of its first ‘green’ store. The restaurant, located in St Petersburg, Florida.  The new restaurant is Leadership in Energy and Environmental Design (LEED) certified...

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SPAR Austria to enter Serbia

As Trade Minister Slobodan Milosavljevic has reported in his presentation of Serbia’s trade strategy through to 2012, foreign retailers, namely SPAR Austria and Migros Türk-owned Ramstore, will enter the Serbian...

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TESCO accused by suppliers of making “aggressive” demands

According to reports in The Sunday Times, Tesco is locked in a battle with suppliers after allegedly demanding one-off cash payments and keener terms to help fund its price war...

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TUS TRGOVINE expands in Balkans

Slovenian retailer TUS Trgovine has announced that it has invested more than EUR60 million this year in expanding its retail network in the markets of Bosnia and Herzegovina, Serbia and...

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Zalabaromfi is accused with cruelty of animals

The Csillagszem Animal-defensive Foundation denounced the company, because – according to them – Zalabaromfi left high and dry 355,000 turkeis, who will die of hunger.  Well known that the Zalabaromfi...

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Finish the renovation of Hilton Budapest's conference room

The 350 sqm big hall, bordered by a special historical wall, is abble to serve 240 persons and can be separated in four smaller rooms.  At the time of hotel...

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Natural Beauty Products Flooding the Market

Fueled by the beauty industry's focus on natural ingredients, the number of organic and “ethical” cosmetic products introduced this year is up 23% from 2007, per a new study released...

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New type of Tesco Hypermarket in Miskolc

The 83. Tesco store was built on the place of a former silo. The unit is 3,000 sgm big and give work for 120 people. The interior design of the...

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Strong September in Budapest's Hotels

In the first nine months of 2008, the room occupancy rate for three-, four- and five-star hotels was 60%. At current prices, gross room revenue declined by 4%, while the...

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9,000 own brand product at Carrefour Spain

In its 2007 annual report, Carrefour Spain has announced that private labels have become a mainstay, generating 25% of the retailer's sales (food and non-food) during the year.  According to...

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Sales At Britvic Jump 29%

UK’s second-biggest soft drinks manufacturer, reported total sales of £926.5m, while sales in its GB & International division rose 4.8% to £725.8m.  The company, whose brands include Tango, Robinsons squash...

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CSAOSZ is protesting against the environment control green tax law

The Hungarian Packiging and Interplant Transport Association (CSAOSZ) has been agreeing with many instalments of the order, but definitely rejects more suggested idea of ministry.  According to the CSAOSZ, the...

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Edeka To Continue Hiring Staff

German food major Edeka has announced that it plans to hire an additional 25,000 employees by 2010, to add its existing staff levels. The group currently has about 253,000 employees...

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Best companies awarded

This year in SMEs category won Interware Zrt., between the big companies Axiál Kft. made excellent work. It was the 11. time that the Hungarian Venture Capital and Private Equity...

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Finnish Consumers Want More Fair Trade Products

According to a new survey, nearly half of all consumers in Finland want more Fair Trade products to be offered at outlets. The survey, conducted by TNS Gallup for Kesko...

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Mellow Mood Group keeps expanding also outside Hungary

Mellow Mood Group is currently involved in the development of five Hungarian and one Austrian hotel. Company has 20 hotels under 5 brand name in Hungary.  The five-star Buddha-Bar Hotel...

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Storck's sweets for donation

It is the third time that Storck Hungária Kft. gives products in value of HUF one million for protecting Food Bank programs. On 16th October, on World Food Day, Food...

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4th Day of the European Commerce

The central event of 5th November and the programs country side are organised by VOSZ, a member of EuroCommerce, and some lobby groups.  The Day of the European Commerce is...

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Lidl to sell low cost energy in Italy

The retailer has signed an agreement with local energy company MPE Energia to enable it to deliver the service.  Lidl Energia envisages three types of cover including ‘Energia Low Cost’...

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Hungarians buy margarin for yearly HUF 20 billion

The market grow in value by 12, but decresed in volume by 2% between October 2007 – September 2008 – according to Nielsen research datas.  The price pro kilo increased...

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SABMiller's slow increase in Europe

British brewer SABMiller plc said its financial performance for six months was in line with the group's expectations. Additionally, the company warned that the prospects for the rest of the...

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SPAR chain to grew by 10-15 units

Because of the aqusitions and developing SPAR Hungary will be SPAR's biggest subsidiary in abroad.  According to Napi Gazdaság SPAR doesn't stop to increase after buying the Plus disqount chain,...

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Subway surpasses 30,000 outlets

The sandwich chain has 30,021 in 88 countries. The company said it reached the milestone with the opening of nine outlets all within the same day, including locations in the...

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Tengelmann's CEO Karl-Erivan Haub is satisfied

The retailer has announced the full-year results from its European operations for the 2007/08 financial year ended 30 April 2008. Sales in Europe increased by 2.5% to reach almost EUR20...

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