News and articles
Russian Frozen Bakery Products Sector to Grow Dynamic
Date: 2008-08-07 00:00:00
The market for frozen bread in Russia, which is currently estimated at USD 600 million, has the potential to grow 25-30% per year. The market is fast-growing, indeed, for the...
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Jede Acquires Kaffeknappen
Date: 2008-08-07 00:00:00
Swedish coffee company Kaffeknappen has been fully acquired by office coffee services provider Jede AB, owned by Nestle. Jede has owned a 25% stake in the firm since September 2005...
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Metro to sell Adler stores
Date: 2008-08-06 00:00:00
Metro AG. said its Adler fashion stores unit that it has put up for sale will close up to 20 loss-making stores in Germany and Austria by end-2009 and will...
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Good by $1 value menu?
Date: 2008-08-06 00:00:00
Due to rising food ingredient prices, McDonald's may have to change some items on its $1 value menu. The international burger chain may have to adjust some of the ingredients...
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Best Buy plans aggressive roll-out in UK
Date: 2008-08-06 00:00:00
Best Buy, the largest specialty retailer of consumer electronics in the United States and Canada is to push ahead with a more aggressive roll-out of stores with some 200 stores...
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Increase slow down by external trade
Date: 2008-08-06 00:00:00
According to KSH (Central Statistic Office of Hungary) in May 2008 the exports were up by 2, the imports by 4 percent as compared to the same month in the...
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Industrial gross output is indisposed
Date: 2008-08-06 00:00:00
According to preliminary data in June 2008 the industrial gross output decreased by 0,3% compared to June 2007, the index adjusted by working days was equal to the non-adjusted one....
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Siemens may sell stake in European venture with Fujitsu
Date: 2008-08-06 00:00:00
German electronics giant Siemens AG may sell its stake in a European computer joint venture with Fujitsu Ltd. The most likely scenario is for Fujitsu to buy Siemens stake and...
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Heavy crop from Hungarian Honey
Date: 2008-08-05 00:00:00
Yearly 25,000 tons of honey are produced in value of HUF 12 billion in the country. The domestic consumption is almost 5,000 tons. The suppliers price are between HUF 430-580....
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New Trade Marketing Manager at SIÓ-ECkes
Date: 2008-08-05 00:00:00
The SIÓ-ECKES sales and trade marketing group has a new member, Krisztina Gurály, from 14 July. The specialist worked several years at FMCG companies' sales and trade marketing group, also...
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The most body lotion are sold in drogeries
Date: 2008-08-05 00:00:00
The domestic market of body lotion grow in volume by 8% in value by 7% between June 2007 – 2008. Retail sale body lotion yearly in value of HUF 7...
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Felicitatations from fans on 100 sqm by Soproni
Date: 2008-08-05 00:00:00
Since two months signatures and felicitations of fans were collected on Soproni's evening to protect the Hungarian waterpolo team in Peking. The flag is 14mx7m big. Since Mai fans and...
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Südzucker Interested in Ebro Puleva's Sugar Operations
Date: 2008-08-05 00:00:00
According to press information German sugar producing company Südzucker is said to be considering Ebro Puleva's sugar division as a potential takeover target. German Nordzucker and French Tereos have both...
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California AG Says Settles Potato Chip Lawsuit
Date: 2008-08-05 00:00:00
California settled lawsuits against four potato chip and french fry makers after the companies agreed to reduce the levels of a cancer-causing chemical in their product. H.J. Heinz, Frito-Lay, Lance...
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Next year Cocoa Prices to Rise Again
Date: 2008-08-05 00:00:00
According to specialist the global cocoa market is set to remain in deficit for at least two more seasons and the average price should rise in 2009. With supply-side risks...
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Metro Cash&Carry H1 Sales Top E800m in Romania
Date: 2008-08-05 00:00:00
Metro has 23 Cash&Carry stores and 16 Real,-Hypermarket units in Romania. Metro Group's Cash&Carry division has reported that sales in Romania rose to over E800m in the first-half. No comparative...
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June Retail Sales Fall in Germany
Date: 2008-08-04 00:00:00
Retail sales in Germany fell by a worse-than-expected 3.9% year-on-year in June, after higher inflation eroded consumer purchasing power. The Federal Statistics Office added that sales, adjusted for inflation and...
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Kellogg's Succesfull Q2
Date: 2008-08-04 00:00:00
The American Company reported second quarter 2008 earnings per share growth of 9% with an 11% increase in sales. Kellogg Expresses Increased Confidence and Raises Full-Year Guidance. Reported net sales...
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Kingfisher Sells Italian Business Castorama
Date: 2008-08-04 00:00:00
Kingfisher has announced the sales of its underperforming Italian business for £440m to privately-owned French home improvement company Groupe Adeo S.A. Kingfisher plc is Europe's leading home improvement retail group...
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EDEKA Netto to assist dairy farmers with private label milk
Date: 2008-08-04 00:00:00
Starting this August Netto in Germany has introduced a new, 1.5% fat long-life milk under the brand “Ein Herz für Erzeuger” (a heart for producers). According to the discount chain...
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Budapest Winter Invasion to continue
Date: 2008-08-04 00:00:00
The last campaign, which attracted a unique pool of 88 participating service providers, generated 50,000 extra guest nights for Budapest. The hotels that participated in the successful endeavor opted to...
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The forint is very strong
Date: 2008-08-04 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that this year both the internal and external equilibrium improve significantly and the Hungarian economy gets...
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School begins with Tesco
Date: 2008-08-04 00:00:00
30% of company's yearly stationery sales is realized in August-September. Tesco offers privat labels stationery in its 80 hyper- and supermarkets.Tesco sell more than 1,000 commodities, not only sationery but...
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Ukraine Sees 2008 Sugar Beet Crop 18 pct Down
Date: 2008-08-04 00:00:00
Ukraine's sugar beet crop is likely to decline to a maximum of 14 million tonnes this year from 17 million in 2007, a top agriculture official was quoted. According to...
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HUF 16 billion for spices
Date: 2008-08-04 00:00:00
According to AC Nielsen research company first of all the sale of paprika and the mixed spices grow between Februar 2007 and January 2008.The sales of spices increased by 9%...
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First Alcampo Drive opened in Spain
Date: 2008-08-01 00:00:00
In Spain, Auchan-owned Alcampo has announced that it will be launching its first Alcampo Drive, a similar concept to Auchan Drive in France, in August in Villaviciosa de Odón in...
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Office Depot reports loss
Date: 2008-08-01 00:00:00
Depot warned investors in early July that its second-quarter earnings would be worse than expected. The retailer reported a $2 million loss, for the second quarter of 2008 – a...
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Milka brings the Alps to Hungary
Date: 2008-08-01 00:00:00
This year visitors can meet the Milka Cow in Budapest, Keszthely, Siófok, Hajdúszoboszló and Gyõr. Last year 50,000 people take part on the evening. The Milka Alpine Tour gives chocolate...
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Positive trend of sales for Hugo Boss in Asia
Date: 2008-08-01 00:00:00
In the markets of Asia/Other Regions, HUGO BOSS again achieved double-digit increases in sales in the first two quarters of 2008 with a rise of 33% in local currencies. In...
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II. Alimentaria in Argentina
Date: 2008-08-01 00:00:00
Alimentaria Mercosur 2008 Buenos Aires will take place in the Predio Ferial La Rural from 12 to 14 August. The most important food and beverages trade fair of the region...
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