News and articles

SIÓ Fresh & fruit

2 tough, funny girls while driving a cabriolet in the city, sprinkling some guys by a water-gun, so they flirt cross the roads. The splashed guys treat it as a...

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Tesco for fruit and vegetable consumption

„The goal of the „Eat daily 3x fruit or vegetable!”action is to popular the eating fruit and vegetable between people. Tesco started the action to decrease the high number of...

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Burger King in Czech Republic

Burger King would enter the market through a franchise agreement with Poland-based AmRest. According to reports in the local market, Burger King could be preparing to enter the Czech Republic....

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More than HUF 2.2 billion dividend at Zwack

Hungary Zwack AGM voted on company's highest dividend HUF 1,100 pro shares.  Hungarian distiller Zwack has reported HUF 3.007 billion after-tax profit for the 2007-2008 business year. The AGM voted...

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Penta to buy Debreceni Hús

The transaction has been cleared by the Hungarian and Slovakian competition authorities, according to the announcement.  Czech-Slovak private-equity company Penta has taken over Hungary’s Debreceni Hús, Hungary’s second largest meat...

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Hungarians Drunk More Milk

In the first quater of 2008 the milk consumption grow, but people buy less „light” 1.5% milk and because of price, more 2.9% milk.  According to GfK's ConsumerScan research the...

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Nespresso Lattissima to buy in Budapest from September

The Nespresso Lattissima lets you make single-serving cappuccinos and lattes in a snap.  Co-developed by Nestle Nespresso and De'Longhi, the machine features Nespresso's hermetically sealed coffee system, a one-touch fresh...

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Two new Tesco Opening on Same Day

From 27 June start to work two Tesco supermarket, one in Sülysáp and other in Szolnok, which is company's 6th green store.   The Szolnok Tesco store has a „green...

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Domestic sales prices of industry rose by 11.7%

Export sales prices of industry, measured in HUF, decreased by 2.2% compared to the previous month and slightly, by 0.1% compared to the corresponding month of the previous year.  ...

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Beer companies merger cancelled?

Anheuser-Busch Cos Inc rejected InBev NV's $46.3 billion takeover bid on Thursday, calling it inadequate, but the largest U.S. brewer left the door open to a higher bid.  Anheuser's board...

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It isn't worth not to pay the TV tax

The penalty is insignificant, but it has no sense therefore to come tax authorithy's horizon.   After nowadays rules TV tax must to pay for Hungarian Tax Authority, but first...

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1% fall in EU27's retail

For the eurozone countries the decrease was by 2.9% compared with the same month a year ago.   According to a Eurostat the highest increases were observed in Romania (18%)...

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In April the domestic retail turnover exceeded HUF 508 billion

Compared to the previous month, the volume of retail sales increased by 0.4% according to seasonally and calendar adjusted data.   According to calendar adjusted data, the volume of retail...

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Environmental Friendly Companies are looking for!

In the last six years 56 organisation with 67 tenders take part at the Environmental Economy Award. In this periode HUF 14.7 billion was saved by environmental friendly business solutions....

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Diageo to Sell Zwack Liqueur in the USA

After a success test periode the two companies signed a royalty agreement.  The selling starts in September, the costs and risks of brand building takes Deageo. This business don't affects...

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Green light from Brussels for SPAR-Plus transaction

European Comitee approved that SPAR Hungary can buy the Plus chain. In March Spar Hungary bought the 174 stores discount chain from Tengelman. The Plus chain had HUF 100 billion...

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New 4 stars hotel at the Danube

TriGránit Co. is to build a 220-room business hotel in the Millenium City Center in Budapest's 9th district.  The hotel will be located next to the National Theatre. Its services...

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Tastes of the former Ost Block

Penny extends its privat label offer with 160 well-known brands from the former socialist GDR (German Democratic Republic). The Rewe-owned Penny discount chain has said it is extending its ranges...

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New tax stamp for alcohol drinks from July

The inspector can control the information on the tax stamps with a laptop and a bar-code reader direct in the store.   After the electronic data recording the product's way...

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SPAR to open supermarkets in Croatia

According to reports in the local press, Aspiag (Austria SPAR International AG) plans to introduce its Spar supermarket banner to the country in 2009.   SPAR entered the Croatian market...

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Rewe given green light on Adeg bid

Following the transaction, Rewe would increase their share of Adeg from 24.9 per cent to 75 per cent and thereby have sole control of the company.  Rewe notified its intention...

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The Goal is 10 New Billa Store in Romania

Romania is one of the best markets for Billa in Europe, being left behind only by Russia. According to Wolfgang Janisch, CEO of Billa Romania, the largest supermarket network on...

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EU farm union sees higher 2008-09 cereals harvest

European Union farmers should harvest 293.32 million tonnes of cereals in the 2008-09 (July-June) crop year, up from the 254.99 million tonnes seen in 2007-08, EU farm union Copa-Cogeca said....

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Replacing HUF 200 note with coin in 2009

The coin would be more practical and safe than the notes that generally need to be replaced every two years.  Hungary's Monetary Council has decided on Monday to introduce a...

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New aseptic technology by Cryovac

The company claims that the Cryovac FM Aseptic film delivers a lower cost per kilogramme of product when compared to competitive systems.  The Cryovac Flavour Mark (FM) Aseptic FMA855 film...

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Five Hungarian Artist in Henkel Art Award International's Final

107 Artist take part in 7th Henkel Art Award Hungarian competition. Five from them go to the final in Wien, where Artist from 29 countries show there products for the...

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Packing tender at Zwack

The artists have to make bottle, label and logó plans for company's Nemes Pálinka-s until 15. August.  Zwack is looking for a new, trendy packing for its Zwack Sándor Nemes...

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Hungarian to Drink Yearly 105 Liter Mineral Water

The seasonality disappear, for today mineral water is basic food.   According to AC Nielsen Research the Hungarian mineral water market is almost 1 billion liter /year, in value HUF...

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UK's Beer Sales Fall To 33 Year Low

Thanks to the economic situation, the smoking ban in pubs, the credit crisis and loss of consumer confidence British drunk 1.7 % less.   Beer sales in the UK are...

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Aldi's sales drop in Germany in 2007

According to a study by market research institute GfK and consultancy Accenture German discount retail chain posted a decline in sales in its German home market for the first time...

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