News and articles
Global TV shipments up rapidly
Date: 2008-08-25 00:00:00
Global TV shipments improved a robust 11 percent Y/Y to 47.5M units in Q2'08, which was up 3 percent Q/Q, with better than expected shipment growth in North America. LCD...
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Hungary bottled water consumption to double
Date: 2008-08-25 00:00:00
Hungarians drunk 103 liter pro person in 2007, the United Arab Emirates glugged through 260 litres per person last year, it has the first place on the rank. The...
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ALDI to launch in Florida
Date: 2008-08-25 00:00:00
In the US, Aldi will open its first stores in Florida on 23 September. The four outlets are located in Orlando, Daytona Beach, Sanford and Winter Park, followed by another...
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Jump For Retail Sales In July
Date: 2008-08-25 00:00:00
Retail sales in the UK reported a surprise jump in July, rising by 0.8% month-on-month, according to figures from the Office of National Statistics. The news surprised the sector, which...
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Let's go to do Businesses in Southeast Asia!
Date: 2008-08-25 00:00:00
While China and India continue to grab the headlines, many of those businesses are seeing a rapid increase in profit levels from elsewhere in Asia – in many cases outstripping...
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Selver To Open Two Stores in Latvia
Date: 2008-08-25 00:00:00
Estonian supermarket chain Selver plans to open two stores in Latvia before the end of the 2008. AOne of the stores will be situated in the city of Rezekne, while...
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Wanted – Hungary's most popular Pub partner !
Date: 2008-08-25 00:00:00
People can vote from 25 August to 19 September about with whom should they drink their favour beer. Three from the registrated beer freinds could win a VIP Beer Travel...
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HUF 700 million for wine marketing
Date: 2008-08-22 00:00:00
The wine sector and the wine marketing comitee gave HUF 8 million for populize the „froetsh”, drinking wine with soda. After a long time discusse the segment has an agreement...
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Huge Food Prices Increase in the US
Date: 2008-08-22 00:00:00
Food prices are forecast to rise by 5 percent to 6 percent this year, making it the largest annual increase since 1990. Just last month, USDA forecast food prices would...
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PARKcenter mall in Kazincbarcika
Date: 2008-08-22 00:00:00
The Austrian Center Management Invest (CMI) invested HUF 2 billion into the building of the shopping mall.The firm works since 8 years in Hungary, the first shopping mall were build...
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Old-new Metro store in Debrecen
Date: 2008-08-22 00:00:00
The renovated Metro Cash & Carry store in capital of Hajdú-Bihar region has an extended offer from fishes, a special Electro-Gastro counter and sommeliers help costumers to find the best...
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Anna Grand Hotel Balatonfüred to open
Date: 2008-08-22 00:00:00
The 4 stars hotel with 100 rooms had a renovation cost of HUF 4.2 billion. The hotel has 3 floors, also the big dance was renewed, for the cars there...
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FAO Food Index on lowest level since January
Date: 2008-08-21 00:00:00
The wide crop of grains decreased the index, but dairy products and sugar is more expensive as before. An FAO index of 55 basic foods averaged about 212 points in...
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Nespresso by George Clooney
Date: 2008-08-21 00:00:00
What else? Who else! Academy Award winner and Nespresso enthusiast George Clooney will make his third appearance as the Company's ambassador in a new Nespresso film produced in Milan in...
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Metro Donation in Debrecenben
Date: 2008-08-21 00:00:00
On the reopen's event of the Metro Cash & Carry in Debrecen, the company started two donation action. The guests of the event could buy special wines from the Hungarian...
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Tesco Facing Industry Opposition Over Milk Prices in UK
Date: 2008-08-21 00:00:00
Farmers worrying that they will eventually have to bear the cost, even though they have been pushing for a higher ex-farm price. Tesco may be set to face strong opposition...
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Kofola Fined over EUR 500,000
Date: 2008-08-21 00:00:00
Central European soft drinks company Kofola has been fined CZK13.5 million (EUR 554,779) by the Czech competition authorities after being found guilty of price fixing. The Office for the Protection...
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Muller Dairy Enters Romanian Yoghurt Market
Date: 2008-08-21 00:00:00
German dairy group Muller has entered the Romanian market with plans to become a leading brand in the country by the end of 2009. The company has started its operation...
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REWE GROUP looks at small acquisition in Russia
Date: 2008-08-21 00:00:00
According to press informations Billa,Austrian unit of Germany's second-largest food retailer REWE Group, has agreed to buy Russian retail chain Nyam-Nyam for $100 million. Vedomosti, business daily reported that...
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Starbucks, Pepsi and Unilever Partnership
Date: 2008-08-21 00:00:00
Starbucks Coffee Company, PepsiCo, Inc. and Unilever announced a licensing agreement for the manufacturing, marketing and distribution of Starbucks super-premium TazoTea ready-to-drink (RTD) beverages in the U.S. and Canada. Tazo's...
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Gross room revenue increased by 2 percent, number of tourism nights stagnated
Date: 2008-08-19 00:00:00
In the first seven months of 2008, the room occupancy rate for three-, four- and five-star hotels was 56 percent. At current prices. During this period, gross ARR (Average...
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U.K. Brewers Try to Tap Women's Market
Date: 2008-08-19 00:00:00
British beer sales fell about 4.5% in the second quarter to 7.85 million barrels from 8.22 million barrels in the second quarter a year earlier, according to the British Beer...
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Amstel Pulse wins GOLD at the Cannes Lions
Date: 2008-08-19 00:00:00
Amstel Pulse bottle won the Gold Lion at the prestigious 2008 Cannes Advertising Awards. The bottle was selected from over 1,000 entries for best Packaging Design. The design of Amstel...
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New Shopping Mall in Szeged
Date: 2008-08-19 00:00:00
According to the plans the construction works begins next March in the Arkad shopping mall, with 35,000 sqm retail area. Developing costs are 70-100 million euros, the constructor Einkaufs-Center Szeged...
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Lidl likely to open in Switzerland
Date: 2008-08-19 00:00:00
The retailer's current plans were to launch in the Swiss market in summer next year, opening a “manageable” number of stores simultaneously. Retail sales in Switzerland rose by a...
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Responsible advertising of food industry
Date: 2008-08-19 00:00:00
A new Federal Trade Commission report finds that the nation's largest food and beverage companies spent about $1.6 billion in 2006 to market products to children and teenagers. The report,...
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Chocolate got more expensive in the US
Date: 2008-08-19 00:00:00
The wholesale prices are an average of 10% higher, and it's almost inevitable that consumers will pay the toll soon when they buy candy at the grocery store. The prices...
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Winner at Arena Gold Medal Competition
Date: 2008-08-18 00:00:00
The game began at 1. June, everybody who bought over HUF 2,000 get a ticket with a number, what could open the huge Arena safe with the Arena Gold Medal...
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Brewer Carlsberg to Unify Its Ex-Soviet Ops
Date: 2008-08-18 00:00:00
Danish brewer Carlsberg wants to unite its operations in the CIS, including major East European asset and top Russian brewer Baltika. Carlsberg this year hooked up with Dutch peer...
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Farmers sell in front of CBA stores
Date: 2008-08-18 00:00:00
The Members of Hungarian Growers and their Associations could offer their products direct to the consumers. According to the agreement the farmers sell their fresh fruits and vegetables outside of...
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