News and articles

Packaging seminar in Paris

Hundert visitors of Packforum came to Sealed Air visitors center to take part at Packaging Automation & Integration Event on 8th to 9th October 2008.  The visitors can hear about...

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HUF 5 million fine for Metro Holding

The cash&carry specialist offered household and consumer electronics equipments via its leaflet in January 2008, but they were not available in every warehouses or only in very limited number. The...

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Ikea continouses developing in Russia

IKEA will accelerate an expansion in Russia, Per Kaufmann, head of Russian business, said, Dagens Industri newspaper reported Monday.  IKEA wants to have stores in every city with at least...

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Tag Heuer butique on Andrassy avenue

TAG Heuer as brand is well known from Formula 1 racing, also the TAG Heuer luxus watches were available in Budapest, but from December the company has own butique in...

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H&M sales decreased

Hennes & Mauritz, a Swedish apparel retail chain, reported a decline in sales for October, with comparable units down by 2%, in spite of an increase in the number of...

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Gross room revenue declined, number of tourism nights decreased

According to the national statistic office in the first ten months of 2008, the room occupancy rate for three-, four- and five-star hotels was 60%.  At current prices, from January...

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Huge price increase for eggs

According to the Poultry Product Chamber the consumer price for eggs could reach HUF 40 in the Christmas season. Last weeks the suppliers price grow by HUF 2 to HUF...

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Lidl could open in Romania in 2010

According to unconfirmed reports in the Romanian press, Schwarz-owned Lidl could open its first stores in the country in 2010, following completion of the retailer’s logistics centre in Chiajna, near...

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Carrefour France reduces sales area

According to reports in French newspaper Le Figaro, Carrefour France is going to reduce the sales area of its largest hypermarket in the country by 6,000 square metres.  The hypermarket...

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US$20 million for FoodTech International

The buyer is the Nestle and Osem consortium. Last year FoodTech has sales of US$14.6 million. For the first three quarters of 2008 the company reported sales of US$15.4 million....

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Henkel Announces Successful Public Offering of Its Shares in Ecolab

Henkel has held an investment in Ecolab since 1989. In 1991, Ecolab and Henkel formed a joint venture in Europe, combining each company's European commercial cleaning and sanitizing operations.  Henkel...

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'Investors of the Year' Awards

Investments of the companies awarded have totalled more than EURO 1.2 billion and created more than 5200 new jobs.  The Ministry for National Development and Economy and ITD Hungary awarded...

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Meat industry needs help from the government

According to the Hungarian Meat processor's association the state should help Papai Hus Zrt. to get straight. The president of the association wrote letter about it to the agricultural minister...

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Szentkiralyi mineral water is the most popular

According to ACNielsen's research in September 2008 , the brand is the favorite both, in sales of value and volume.  Szentkiralyi Asvanyviz Ltd., which is a family business, precedes Kekkuti...

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EU court rejects Lego trademark

The Danish toy maker Lego has lost a court battle to protect its iconic plastic bricks. The EU's Court of First Instance upheld a 2004 EU decision to cancel the...

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New Tesco unit in Gyula

The store has 5,000 sqm retail area and has a parkplace for 500 cars. Soon works here a discount gas station with 8 pumps.  180 people work at the Tesco...

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Employees in the retail sector aren't comitted enough to their workplace

Only half of the employees is able and want too, to make better achievement to help their workplaces succes – said an research in business daily Vilaggazdasag.  The most comitted...

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Strong German presence at 8th China Brew and Beverage

The eighth edition of the China Brew and Beverage in Peking, from 20-23 October, covered a display area of almost 23,000 m2. It ranks as the biggest exhibition for brewing...

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Crisis on the Hungarian milk market

The biggest problem the low suppliers price and the retail price in the shops. Last year the supplier's price was HUF 100, nowadays it is about HUF 75.   Friday...

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SUBWAY plans expansion in Ireland

Despite an economic downturn, Subway is planning major expansion in Ireland over the next two years.  The company currently has 181 outlets across the country and plans to open 119...

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MERCATOR not to be bought back by Slovenia

According to a statement by Slovenia’s prospective economy minister, Matej Lahovnik, the government is unlikely to buy a stake in Mercator, the country's largest food retailer whose shareholders will put...

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Lanchid 19 won hotel architectural award

The European Hotel Design Awards, presented by Sleeper Magazine on Thursday, 6 November 2008, is the premier celebration of outstanding innovations in the hospitality industry and hotel design in Europe....

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Red label for Colourings

The additional label information on foods containing E102 , E104, E110, E122, E124 or E129 will be obliged to state: “Consumption may have an adverse effect on activity and attention...

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Industrial gross out put increasing stoped

According to the Central Statistic Office in September 2008, the industrial gross output decreased by 0.7% compared to September 2007,the index adjusted by working days declined by 5.3%. The volume...

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Dreher looking for entrepreneurs of the future again

This year, the “Young entrepreneur of the future” program is to be launched by Dreher Sörgyárak Zrt. for the third time. The winners of the competition will receive initial capital...

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New EXPO under construction in Budapest

The most modern and prestigious exhibition centre in Europe is under construction in Budapest. Apart from its futuristic architecture and state of the art technology, the EXPO area in the...

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Fruit Logistica: things changing in the east

More companies from the Central and Eastern European region are interested in attending the Fruit Logistica exhibition, the leading event in the fruit and vegetable sector, which is to be...

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Visitors’s guide

IFE FOODAPEST 2. International Food Beverage and Catering Exhibition 18-20. November 2008. HUNGEXPO Budapesti Vásárközpont Simultaneous event: FOODATECH 1. International Food and Packaging Technology Exhibition Useful Info: Chief sponsor: Élelmiszerfeldolgozók...

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Sweets immune to negative trends

Growth has remained dynamic in practically all categories of sweets. The Bonbonetti Group is present in almost all of the sweets categories and has achieved annual growth of over 10...

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Festivals enhancing champagne culture

The market of champagne has produced moderate growth last year. No major changes in demand have occurred. However, awareness and popularity of champagnes made using methode transvasée and methode traditionnelle...

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