News and articles
Pringles Are Not Potato Chips
Date: 2008-07-09 00:00:00
Pringles, Procter & Gamble Co.'s salty snack stacked in a tube, are not potato chips, a London judge ruled today in a tax dispute. Pringles don't fulfill the legal definition...
Read more
Hungary is in Late with Arrangements against Salmonella
Date: 2008-07-09 00:00:00
EU would give money, in the next four years , for decreasing the Salmonella infection in Hungarian poultry from nowadays' 60% to 1%. Only 2-3 from chickens 400 normal Salmonella...
Read more
American Express Settle for $1.8 Billion
Date: 2008-07-09 00:00:00
American Express sued larger competitors MasterCard and Visa Inc. in November 2004 after the U.S. Supreme Court ruled they violated antitrust laws by preventing member banks from offering rival cards....
Read more
Nestle Sells 25% Stake Of Alcon To Novartis
Date: 2008-07-09 00:00:00
The deal was worth $10.4bn in cash, about $200m less than the figure stated in April when the transaction was first revealed. Novartis said the lower amount reflects a dividend...
Read more
Unspent EU farm aid to go to Africa
Date: 2008-07-09 00:00:00
The World Bank has estimated that about 6 billion euros is needed in short-term aid to help poor countries face the global food and fuel price crisis. "The EU...
Read more
British vaste food yearly in value of 10 billion pounds
Date: 2008-07-09 00:00:00
In 2008 an average British family spends 9% of household's income for food, it was 16% in 1984. A Cabinet Office report, Recipe for Success, showed 4.1 million tons of...
Read more
Exports and imports levels are higher by 7 percent
Date: 2008-07-09 00:00:00
According to first estimates of Central Statistic Office in May 2008,, exports amounted to HUF 1,513 billion, while the value of imports reached HUF 1,504 billion. The Euro value of...
Read more
SABMiller Completes Ukrainian Acquisition
Date: 2008-07-08 00:00:00
The Ukrainian competition authorities gave green light to SABMiller, to complete the acquisition of 99.84% interest in the Ukrainian brewer CJSC Sarmat. Sarmat is one of the largest brewers in...
Read more
Running with Puma in Tate Galery
Date: 2008-07-08 00:00:00
In every hour fifty amateurs will sprint as fast as they can through the gallery at 30-second intervals. Work No 850 is the latest piece by Martin Creed, who has...
Read more
Trend Research about the Hungarian Youth by Fanta
Date: 2008-07-08 00:00:00
In the first part of the study, researcher was looking the using of digital technology and the digital culture between the young people. The second part spyed the attitudes to...
Read more
Zwack Manufaktúra House at VOLT Festival
Date: 2008-07-08 00:00:00
The most popular drinks were the limited edition of Kosher apricot with honey and peach palinkas – designed direct for the event. 77,000 people arrived to Sopron to hear...
Read more
New F&B director at Birdland Resort
Date: 2008-07-08 00:00:00
Tibor Mészaros is liable for increasing quality at Resort's catering services in frame of a reorganization program. The famous specialist leads from now 3 restaurants, 5 bars, 2 kitchen and...
Read more
New Marketing Director at Borsodi
Date: 2008-07-08 00:00:00
András Szirbek believes the real brands give not only added value but it functions as a cohesion power for the companies and pulsates in every unit and process of the...
Read more
Value shops tip growth as shoppers trade down in UK
Date: 2008-07-08 00:00:00
Aldi, Lidl and Netto, the discount supermarkets, are forecast to increase their share of Britain's grocery market by 60 per cent over the next four years. A new report claims...
Read more
Coca-Cola agrees to $137.5 mln settlement in case
Date: 2008-07-08 00:00:00
A shareholder lawsuit claimed the world's largest soft drink maker artificially inflated sales to boost its stock price, according to court documents. The lawsuit, filed in October 2000, claimed...
Read more
InBev Seeks to Replace Anheuser – Busch Board
Date: 2008-07-08 00:00:00
The world's second largest brewer by volume, said it wants to provide shareholders with an opportunity to have a direct voice in its proposed takeover of Anheuser-Busch. Belgian brewer InBev...
Read more
Carrefour is intended to buy Karavan
Date: 2008-07-07 00:00:00
The second largest chain of food hypermarkets is negotiating the purchase of the controlling stake of Karavan hypermarket chain in Ukraine.The owners of the chain estimated 100% of its cost...
Read more
Cheap import and tax reduction could decrease the food price
Date: 2008-07-07 00:00:00
According to common research of Kopint-Tárki Konjunktúrakutató Intézet Zrt. and AgrárEurópa Tanácsadó Kft. in long periode we have to be ready for high food prices. The specialist said because...
Read more
The Total Warning was Spare and Wrongdoer
Date: 2008-07-07 00:00:00
According to Trade Union of Meat Processor Workers the Pápai Hús Zrt. wrongs the Book of Work Law. The Trade Union ask the National Authority of Work to examine the...
Read more
Online Sales Up 60% In Romania
Date: 2008-07-07 00:00:00
Romanian online sales rose to E25m in the first six months of 2008, according to figures from RomCard. The number of transactions amounted to 300,000, while the average value of...
Read more
Nestle Water to Build EUR 7 Million Plant in Portugal
Date: 2008-07-07 00:00:00
Work on the new facility in Coruche will start next week, with production beginning some time in 2009. Nestle Waters Direct has announced it will build a new plant costing...
Read more
Danisco Cultures Invests in Kefir
Date: 2008-07-07 00:00:00
Danisco has completed in a major expansion of its kefir culture processing plant in Olsztyn, Poland, more than trebling capacity to meet the growing international demand for kefir products. The...
Read more
The Deficit May Be Even Lower Than Planned
Date: 2008-07-07 00:00:00
Substantial improvement in the internal and external equilibrium this year with real wages in the business sector already climbing while inflation and interest rates remain high. The forecast prepared by...
Read more
HUF 14 billion Ice Tea Market in Hungary
Date: 2008-07-07 00:00:00
According to Nielsen Research the sales of ice tea grow in volume by 23%, in value by 19% between Mai 2007-April 2008. The most popular taste are lemon and peach,...
Read more
Barilla raises pasta prices 40 pct in 18 months
Date: 2008-07-04 00:00:00
The price of pasta in Italy was up 22.4 percent in June from the year before, while the price of bread rose 13.0 percent. Prices of durum wheat used for...
Read more
Association of Hungarian Farmers accuse forestallers of cartell
Date: 2008-07-04 00:00:00
Farmers protest against the low price of sourcherry in front of Hungarian Parliament. The farmers said the forestallers pay only HUF 50-60/kilo for sourcherry, what is only half of the...
Read more
Private label organic foods lead in German market
Date: 2008-07-04 00:00:00
New Nielsen data shows that German consumers have doubled the number of organic food items they have purchased in the past two years. Retailer brands have gained a larger...
Read more
Huge fine for Dia in Greece
Date: 2008-07-04 00:00:00
According to local press reports the Competition Committee has imposed a penalty of EUR5.1 million on Carrefour-owned Dia. The discounter was forcing the franchisees to sell their products at certain...
Read more
Target: Costumers younger than 18 years old
Date: 2008-07-04 00:00:00
A new conference about youth will be organised in October under the subtittle „Do we understand what about our children speak?”. The is a research about youth segmentation, subcultures etc....
Read more
Wal-Mart Faces $2 Billion Labor Law Trial
Date: 2008-07-04 00:00:00
The lawsuit is one of more than 70 cases, including class actions, or group suits, in which Wal-Mart has been accused of wage-law violations. Wal-Mart Stores Inc. broke Minnesota...
Read more
