News and articles

SPAR to wind down hypermarket concept in Romania

SPAR Romania announced that it will close its store in Targu Mures, which is its only hypermarket in Romania, Piata magazine has reported.  “The format of the Targu Mures store...

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Asda navigates customers to the shops

Asda, Wal-Mart’s UK retailer will begin using the NAVTEQ Direct Access programme, an advertising solution integrated into car navigation systems. The system uses community-generated data sourced from participating merchants to...

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Beiersdorf AG's profit grow by 25%

Net income increased to 553 million euros ($738 million) from 442 million euros in 2007. Total revenue advanced 8.5 percent to 5.97 billion euros in the year. Beiersdorf’s skin and...

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Promocash to develope chain in France

The Carrefour owned company currently has 120 franchised shops as well as nine integrated outlets in France.  Promocash will open 20 more cash and carry stores in France over the...

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Wineries from Eger protest against sales on dumping price

According to the Association of Wineries of Eger, the Hungarian retailers often sale Egri Bikavér (most well known red wein from Eger) under cost price.  The directory of association decided...

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Lexmark Outlook Darkens

The Lexington based firm warned that its fourth-quarter results would be lower than expected thanks to weak sales and high restructuring costs.  Lexmark now thinks its fourth-quarter sales are going...

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Metro Group sales grow by 5.9%

The Metro Group has reported that its preliminary sales grew to EUR68 billion over the 2008 financial year. However, growth did not reach expected levels of more than 6%.  The...

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Hungarian wine review in Amsterdam

ITD Hungary and the Hungarian Wine Marketing Kht. common organised wine show for 30 Hungarian wines on the Wine Professional between 12-14 January in Amsterdam.  The public, first of all...

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ALDI reports 24.8% sales boost

The German retailer increased its number of stores by 9.9% over 2008, moving from 416 to 457 stores across the UK and the Republic of Ireland.  Aldi in the UK...

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Budapest hotel developments stopped

Increasing building costs, no credit from the banks, or if they give the developer must have higher own resources as before.  According to business daily Napi Gazdaság 20 hotel developing...

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Ad campaign about children alcohol drinking for parents sponsored by Borsodi

With the title „ Let's talk about it” the brewery published an information brossure for parents, about how the talk about alcohol consumption with teenagers.  Borsodi continoues its well know...

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Dreher makes campaign for responsible alcohol drinking

Brewery Dreher Hungary made a new website under the title www.alkohol.info.hu. The aim of the site is to inform the public about effects of alcohol drinking.  Dreher started its CSR...

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Four stars for Arena

Thanks to the continuous quality improving developments and the increase of services Hotel Stadion operates as a four-star hotel beginning 1st January 2009, under the new name Danubius Hotel Arena....

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People love ads weaking up disere for possession

The most FMCG ads on billboard have average perception, but because of the characteristic image and the popular products this ads have high rates in identification and activation.  Szonda Ipsos...

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Tesco redesigns former Woolworths shops

Retailer giant Tesco has confirmed it plans to buy and reopen former Woolworths supermarkets under Tesco Express brand.  The first unit will be open soon in Ulverston, near to Liverpool....

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Bizerba debuts new product at NRF Annual Convention

Bizerba is presenting its fresh produce management system consisting of a new shop scales system K, the retail framework developed by Bizerba and a comprehensive content database.  With this system...

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Iceland rebrands 51 Woolworths Stores

The frozen food chain has bought 51 of the 800 stores from the now defunct Woolworths group. Iceland will be creating in the region of 2,500 jobs across UK.  The...

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Edeka To Create 8,000 Jobs In 2009

German food discount giant plans to expand its market share in Germany to 30% by 2010 from currently 27% by opening 1,000 new stores between 2008 and 2010.  Edeka officially...

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HUF 1 billion penalty at Sparkler II. control

In frame of the adjusted monitoring authorities reserved products in value HUF 600 million.  Supervision started on 20. November 2008, till 4. January 2009. inspectors punished in 5400 cases in...

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Room occupancy rate slightly decreased

In January-November 2008, – compared with the same period of 2007 – public accommodation establishments showed a 1% decrease in the number of tourist nights spent by international and domestic...

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Six Hungarian Chefa gradueted at Ecole Lenotre Chef Academy

The students of the Academy, organised by Ecole Lenotre and Cegos, had a strictly two day exam in practice.  Every chefs has to cook one cold or warm appetiser and...

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“The Germans’ desire for beer is continuing to fall

Beside the financial crisis a combination of an ageing population, changing drinking habits among younger people and the smoking ban which hit pubs and bars, had led to the drop...

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Consumers change product and shops to save money

According to Nielsen research last year the price of cooking oil grow by 28%, the increasing was 6% at sour cream and coffee, customers have to pay 2% more for...

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Bijou Brigitte stabilized its sales in Germany

Net income grow by 2.2% to 375 million euros, but the increase came from the new shops. The German discount jewelry retailer opened 80 new unit in 2008.  The Hamburg...

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The end of the recession is unpredictable

In 2009 the decline of GDP in the entire European Union will probably close to 2%, within this the downturn in Germany and consequently in Hungary will be somewhat deeper....

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New CEO at Tchibo Budapest

Andrzej Jackiewicz leads Tchibo's Hungarian subsidary since January 2009.  The 41 years old Polish specialist is responsible for strategic growth of the Hungarian firm. In frame of Tchibo's coffee branch...

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Dark but succesful online campaign by Burger King

Burger King give a special offer for all Facebook users: if you delete 10 of your Facebook friends using the “Whopper Sacrifice” application, you get a coupon for a free...

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New marketing manager at Mio Technology

From 1th January 2009 Zsuzsanna Banga joined as marketing manager to Mio Technology.  The 28 years old specialists gradueted at Miklos Zrinyi University, she started her carreer at Acer Computer...

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GKI's Consumer-business confidence in new historical low

Industrial companies' assessment of production and order stock worsened. But the evaluation of stocks of their own products improved. Plans for price changes were the same as in November, but...

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Pannontej continous production

According to on-line business portal VGO the crisis were solved at Pannontej's plants in Zalaegerszeg and Répcelak.  The company get 60% of the contracted gas volue and it is enough...

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