News and articles
Motor Trades Rose Retail Sales in Ireland
Date: 2008-09-17 00:00:00
In July Retail sales volumes rose by 2.3% month-on-month (m/m) in July, according to seasonally adjusted data from the Central Statistics Office (CSO). This marked the first increase in retail...
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Metro Group Introduces Hotel Private Label Lline in Ukraine
Date: 2008-09-17 00:00:00
Products of H-Line are specially designed to meet the needs of the hotel sector. Metro Group's cash & carry operation in Ukraine has launched its hotel private label line. a...
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HILTON launches HILTON GARDEN INN brand in Russia
Date: 2008-09-17 00:00:00
Over the next 10 years, Hilton expects to open more than 70 Hilton hotels in key Russian cities and regional centres. Hilton has opened its first hotel under the Hilton...
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France to impose a 'picnic tax' on plastic
Date: 2008-09-17 00:00:00
France is to impose a “picnic tax” on plastic cutlery and plates as part of a drive to cut down on waste, but the unlikely levy has stuck in the...
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Hewlett-Packard to cut 24,600 jobs
Date: 2008-09-17 00:00:00
Hewlett-Packard announced that it would eliminate 24,600 jobs, or 7.5 percent of its work force, as part of its plan for digesting Electronic Data Systems, the computer services giant that...
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New leader at Unilever Central Europe
Date: 2008-09-16 00:00:00
Herman Verstraeten, currently Chairman Unilever Russia, Ukraine and Belorussia (RUB) will be appointed as Chairman Unilever Central Europe, with effect from 1st September 2008. The Belgian specialist will substitute Tracey...
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CEE Poultry event in Packforum
Date: 2008-09-16 00:00:00
Packforum, Sealed Air's world-class permanent customer care center located near Paris, is opening the doors for a Special Event dedicated to Central Europe and South East Europe on Poultry market...
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Bonduelle, Coopagri In JV
Date: 2008-09-16 00:00:00
Food group Bonduelle has announced that it is forming a frozen vegetables joint venture with cooparative group Coopagri. The new entity, in which Bonduelle will have a 37% stake, will...
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Hotel Palazzo Zichy to open next February
Date: 2008-09-16 00:00:00
The 4-star boutique hotel will be housed in a restored 19th century building that was formerly the palace of Count Zichy. The new 80-room proper ty, including eight junior suites,...
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Labor costs rise in Hungary
Date: 2008-09-16 00:00:00
According to Eurostat the labor costs in Hungary rose 7.6% in the Q2 from the same period a year earlier, well over the 3.4% increase for the EU27, but under...
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Wal-Mart Seeking Approval To Open Bank in Canada
Date: 2008-09-16 00:00:00
The retailer giant has applied for regulatory approval to establish its own bank in the country, according to a notice on a Canadian government website. By obtaining a banking license,...
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Starbucks-Unilever ice cream deal
Date: 2008-09-16 00:00:00
The British food giant will research and develop new products using Starbucks coffee flavours. Starbucks signed a licensing agreement with Unilever to manufacture, market and distribute Starbucks ice cream products....
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SPAR Switzerland campaign with FIFA female umpire
Date: 2008-09-16 00:00:00
In Switzerland, SPAR is operating an EDLP strategy for a specified range of 300 products in its EUROSPAR and SPAR outlets. It is called '”Our smallest price”. Once a month,...
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Accor launch new loyalty programmes
Date: 2008-09-15 00:00:00
A|Club members will earn points in Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, Ibis and all seasons hotels around the world. Members earn points on the entire hotel bill, including spending...
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Tesco contra British Government 1:0
Date: 2008-09-15 00:00:00
In his budget, Chancellor Alistair Darling said that one of his reasons for upping duty was that the price of wine in supermarkets had fallen over the last ten years....
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The domestic sales of manufacturing grew slightly
Date: 2008-09-15 00:00:00
According to Hungarian Central Statistic Office in July 2008 the industrial gross output increased by 0.6% compared to July 2007, the index adjusted by working days declined by 1.8%. The...
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Price increase at poultry and milk was over average
Date: 2008-09-15 00:00:00
In July 2008 the producer price level of agricultural products was 12.3% higher than in July 2007. More specifically, the price level of crops and horticultural products increased by 8.1%...
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Czech PPF buys 50% stake in Russian Eldorado
Date: 2008-09-15 00:00:00
Czech Republic’s PPF Group has purchased 50% of shares in Russia’s largest home electronics retailer Eldorado. Russian Business Daily Vedomosti reported the deal is worth around $400-800 million, although market...
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CIB Bank has frozen Zalabaromfi's bank accounts
Date: 2008-09-15 00:00:00
According to press informations Hungarian poultry company cannot pay either its employees or its suppliers. Zalabaromfi has forced its several hundred employees to take temporary leave. Zalabaromfi's management told that...
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Real To Put Up More Self-Service Checkouts in Germany
Date: 2008-09-15 00:00:00
Metro's Real chain plans to expand the number of stores that house self-service check-out counters, and will introduce the same to 110 of its outlets by the end of the...
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Diageo to built new brewery for Guiness
Date: 2008-09-15 00:00:00
The new brewery will produce Guinness to meet growing export demands and will also brew ales and lagers with a capacity of 5m hectolitres. Diageo Ireland is announcing that it...
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No increase at domestic hotels's profits
Date: 2008-09-12 00:00:00
According to STR Global the hotels in Budapest has the same revenue as a year before. The average room cost was 84.40 euros, the occupancy was 61.3% and the RevPar...
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Price increase at cooking oil, rice and milk
Date: 2008-09-12 00:00:00
In August 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 6.5% compared to August 2007. In the first eight months of 2008 the average...
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Dynamic growth at poultry stock
Date: 2008-09-12 00:00:00
Between 1st April and 1st August 2008 the stock of both cattle and pigs increased. The number of sheep decreased, the stock of poultry – except for the number of...
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The business environment improved in Hungary
Date: 2008-09-12 00:00:00
According to the latest Doing Business report of the World Bank has showed Hungary stepped forward nine places to 41., but still finished behind Estonia, Latvia, Lithuania and Slovakia. While...
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Record Ikea sales over 20 billion euros
Date: 2008-09-12 00:00:00
Swedish furniture giant Ikea posted record earnings this year, but after a decade of booming expansion it now sees growth slowing, its director told financial daily Dagens Industri. Ikea, which...
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Fresh & Easy to Introduce Over 200 New Own-Brand Products
Date: 2008-09-11 00:00:00
Over 80% of customers cite Fresh & Easy's own-brand products as one of the main reasons they shop at the stores, based on the company's customer surveys. With own-brand products...
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