News and articles
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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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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Profit decrease at Danubius Hotels
Date: 2008-08-18 00:00:00
In the first half of 2008 total net sales revenues decreased on HUF base by 5% to HUF 14.68 billion, on euró base bí 6% to 58.64 million euros. ...
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Hungarian design works at Electrolux Design Lab 08
Date: 2008-08-18 00:00:00
Two Hungarian students are in the final, the winner will be named on 9th October in Zurich. The winner get 5,000 euros and a job as practicant in one of...
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New orders of the branches of manufacturing increased by 2.6%
Date: 2008-08-15 00:00:00
In June 2008, the industrial gross output decreased by 0.3% compared to June 2007. In the first six months of 2008, the volume of the production was higher by 5.6%...
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Aggregate grains crop is expected to be over 16 million tonnes
Date: 2008-08-15 00:00:00
Hungary is likely to produce a record maize harvest this year, it could exceed 8 million tonnes. The maize crop last year dropped to just over 4 million tonnes due...
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Tesco plastic bags go under the counter in green move
Date: 2008-08-15 00:00:00
The retail giant has introduced a “bag on request” scheme at its larger “Extra” hypermarket stores, where bags are kept out of sight under the tills and only given out...
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Huge International Investments in Romanian Retail
Date: 2008-08-15 00:00:00
International retailers continued to expand in Romania, investing over E160m on store openings in the first six months of 2008. The hypermarkets and discount chains were the most dynamic segments....
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European economy contracts
Date: 2008-08-15 00:00:00
Gross domestic product fell by 0.2pc in the eurozone. The fall compared with GDP growth of 0.7pc in the first quarter, and provides further evidence that the worst of the...
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Garlic from Mako – price dropped
Date: 2008-08-15 00:00:00
Because of the good weather the crop is better in value and also in volume. The price pro kilo is the half as the waited HUF 400. Normally 70% of...
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Record profit at Wal-Mart
Date: 2008-08-15 00:00:00
The world's largest retailer, said second-quarter profit rose 17% to USD 3.45 billion, the sales was 10% higher as a year before. Second-quarter net income climbed to $US3.45 billion, revenue...
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Information point for consumer protection in WestEnd City Center Mall
Date: 2008-08-15 00:00:00
The invent of the WestEnd Consumer's circle want to build up a fast, uniform system with high level of consumers' trust that could be an example throughout the country. ...
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GfK Expands European Network
Date: 2008-08-14 00:00:00
The GfK Group has acquired a 26% stake in UK agriculture and animal health research specialist dmrkynetec, increased its holding in GfK Danmark in Denmark, and formed GfK Albania to...
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Meat products price grow over average
Date: 2008-08-14 00:00:00
In June 2008 the producer price level of agricultural products was 21.6% higher than in June 2007. More specifically, the price level of crops and horticultural products increased by 20.5%...
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Less wine were sold, the prices are higher
Date: 2008-08-14 00:00:00
According to GfK research company the most sold wine were the table wines, but year to year more quality wines are consumpted. 52% of Hungarian households bought some kind of...
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Dynamic Hungarian MS Companies
Date: 2008-08-14 00:00:00
The common analysis of Coface Hungary and Financial Daily Vilaggazdasag found several hounderts of fast growing Hungarian enterprises. The base of the analysis was the dynamic growing index by...
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Saving the water by McDonald's
Date: 2008-08-14 00:00:00
The fast food chain collect the rain, uses programmed irrigation and in the restaurants built in water saving taps. McDonald's Hungary use almost 50% less water as ten years ago....
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Hungarian hotel rooms are cheap
Date: 2008-08-14 00:00:00
Hogg Robinson Group's (HRG) six month hotel survey has found that the international hotel market is proving resilient amid tough economic conditions with most regions experiencing growth. The emerging...
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Mastercard B2B campagne in 25 Hungarian cities
Date: 2008-08-14 00:00:00
The credit card company's ad campagne started in August and try to increase the numbers of card accepters with DM and PR tools. After a short phone call about...
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Reconcilation about price of apple on sector level
Date: 2008-08-14 00:00:00
On next Monday the ministry of Agriculture and the minister himself mediate between apple growers and processors. The high level of meeting is necessery because the farmers and the representatives...
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SPAR Èeská open 4 new stores
Date: 2008-08-13 00:00:00
SPAR Ceska, operates 27 Interspar hypermarkets and 4 Spar supermarkets in the CzechRep, last year reduced loss to Kc412.2m from 2006's Kc574.7m on sales Kc1bn higher on the year at...
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Special birthday presents by Auchan in Russia
Date: 2008-08-13 00:00:00
French retailer Auchan, operating in Russia since 28 August of 2002, has sent out a letter to all its contractors inviting them to celebrate the 6th birthday of Auchan in...
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Compared to the previous month food prices decreased by 0.7%
Date: 2008-08-13 00:00:00
In July 2008 consumer prices rose by 0.1% compared to the previous month and increased by 6.7% compared to July 2007. In the first seven months of 2008 the average...
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Drink sales throughout the country by Reál Hungaria Drink
Date: 2008-08-13 00:00:00
The new company was estabilished by 8 biggest Hungarian Drink Whole retailer and the Reál chain, from 15th September its leader is Istvan Seregély, formal domestic and import supplier manager....
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The Czech shopping centre boom comes to end
Date: 2008-08-13 00:00:00
The boom in shopping centre construction in the Czech Republic is coming to an end, according to the international consultancy firm DTZ. The shopping mall market in Prague and many...
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Accor's Upscale and Midscale Hotels grow over the average
Date: 2008-08-12 00:00:00
Accor's consolidated revenue totaled EUR3,765 million for the first six months of 2008. This represented a 5.2% increase at comparable scope of consolidation and exchange rates (like-for-like) and a 6.2%...
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New Leader at CBA
Date: 2008-08-12 00:00:00
Zoltán Noszlopy works for CBA since 2001, last year's end he became supplier manager, this year in February sales manager and from now he is the new chief executive officer...
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