News and articles

Attila Boros is the new sales director at Cash & Carry chain

The former director Peter Nyilas lost the Interfruct, the company approves of his work. Attila Boros joined the company this year in Januar and took part in building of the...

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Kraft Foods Inc. sells its Post cereals business

The American Ralcorp Holdings Inc.payed US 2.8 billion for it. Kraft continues to evaluate its brands and businesses in terms of its long-term growth plan, using several criteria: growth potential,...

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Spar opened its 200. store in Hungary

The new hypermarket in Hodmezovasarhely is 4092 sqm great, and sell 30,000 goods. The dynamic growth SPAR- chain is a decisive member of the retail market. Yearly 100 million consumer...

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Henkel aims for full-year organic sales growth over 5%

Sales at Henkel's beauty unit growth the best, boosted by the acquisition of the Right Guard, Soft & Dri and Dry Idea brands from Procter & Gamble. Henkel KGaA raised...

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No change in tourism nights in the first three quarters of 2007

According to Hungarian Central Statistical Office the greatest growth had the Balaton, here were 24% more domestic tourists as in the same perion 2006, Budapest had less domestic tourist as...

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Dove campaigns for women over 45

In the first phase of Pro-Age campaign pr articel, promotions, events show the beauty of women over 45. The Dove global report, was fielded in 11 countries , to expose...

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(HU) Európai Kereskedelem Napja

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In 2006 productivity grew strongly in the EU

According to the EU's annual competitiveness reportworker productivity in the bloc increased by 1.5 per cent in 2006 – the highest level so far this millennium, and a tenth of...

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Two new Tesco stores

On 2th November opened the hypermarket and gas station in Kazincbarcika, on the same day began to sell the supermarket in Mezobereny. 225 new workplaces were set up. In the...

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Improving balance of the Hungarian economy

According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank the Hungarian economic policy adjustment is taking place in a favorable European business climate but...

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Renovation of the first Hungarian SPAR store

The first SPAR supermarket in Tata was renewed in two months. everything were changed, only the panels remained. The store got a new outlook. SPAR opened its first store 16...

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No distortion at competition in Britain

Supermarkets stand accused of buying up land to keep out rivals.  Shoppers in most areas have a good choice and benefit from strong competition between retailers, but in a number...

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E. coli bacteria in beef from Canada

9.8 million kilograms of beef were recalled in October More than 40 people are ill in 8 American county because of the meat products of Rancher's Beef. ....

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Heineken to buy Serbian brewery

Heineken is one of four breweries which expressed their interest in Serbian brewer MB, based in Novi Sad. However no formal agreement has yet been reached, but according to reports...

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French weeks in Cora and Match stores

On the weekends people can taste the French foods and see cooking shows. The event, between 5-18 November 2007, gives the opportunity for the Hungarians to meet and taste French...

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Biopont in Weight Control

Seven Biopont products have been added to the list of foods recommended by the Alexandra Béres Alexandra Weight Control Program in September. Meat and milk substitutes have been chosen to...

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dm revenues increasing by a quarter

Th dm chain concluded this financial year with excellent results in September. Revenues grew by 25 per cent, reaching HUF 51 billion. This is partly due to expansion, with the...

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Answer:

I don’t want to use the old cliché about “new challenges”. The truth is that I have decided to step down as my opinion about some long-term business processes was...

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How is the banking sector?

The number of banks per HUF one million is between 3-4 in Hungary, which is around the international average. The leading seven banks (OTP, K&H, MKB, Erste Bank, CIB, Raiffeisen,...

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Food boosting inflation

According to a KSH report, consumer prices remained unchanged in August 2007, compared to July, but the rate of inflation was 8.3 per cent. Prices were on average 8.5 per...

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Palette Intenzív Hair Dye Cream

The updated Palette Intenzív Hair Dye Cream now provides an even shinier, more intense and longer lasting colour....

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New business model

Tchibo has begun testing a new business model in the Hungarian market. As a first step, they are opening a store in Arena Plaza on 30. October, where not only...

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Artistic tapping

This was the 11th Stella Artois® beer tapping championship organised by Borsodi Gyár Zrt. This year’s winner was Balázs Horváth (Orchidea étterem, Lipót) represented Hungary at the 11th. Stella Artois®...

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Christmas on shelves

Precise planing is needed in order to achieve the major boost in sales that is expected in the Christmas season. Most companies begin planning their special packages and offers for...

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Growing inventories, more financing in foreign exchange

As István Tari, regional director of Erste Bank has told us, in spite of signs of recession in the FMCG sector, retail chains are expanding in the hope of future...

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Retail turnover of food continues to shrink

The shrinking of retail turnover continued in July. According to a KSH report, sales were 4.2 per cent down in July 2007 compared to July of 2006 and also showed...

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PICK Pille

Gluten-free turkey sausages with a conspicuous appearance, high protein content and made with iodine salt, in protective gas packaging....

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Special prize game by Tchibo

Tchibo Budapest Kft. is launching a new, nation-wide promotional campaign on 15. October. By collecting bar codes, consumers can win a family holiday lasting as many days as the number...

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