News and articles

BWG invests €100m in Spar chain in Ireland

Retail group currently operates 471 Spar stores in Ireland under the Spar, Spar Express and Eurospar brands.  BWG Retail – established in 2006 – is part of the BWG Group....

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Solar power ad by PepsiCo

PepsiCo to convince consumers that the companies care about the environment. The newest demonstration of solar power (figuratively) is coming from the Frito-Lay division of PepsiCo, which is using the...

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Electrolux's hugh investments in Poland

Swedish kitchen, cleaning and outdoor appliances manufacturer may invest up to 300 million euros in Poland.Electrolux will receive half of the investment funds from the European Investment Bank (EIB). According...

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Hungarians spent less money for clothes in 2007

The most popular shopping place were the average clothes shops, but the far-east shops and the buy on the street was also beloved source of supply .   According to...

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New Strawberry Palinka from Zwack

Only 900 flasks were bottled from this unique drink. The strawberry palinka taste as the fresh strawberry with blackberry and some spices. It's creamy and thick together.  ...

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Whity Lily – Restaurant Hygiene á la carte

From May, twice a year, it examines restaurants, cafés and pizzerias that volunteer, thus ensuring continued quality.   The White Lily Program, which arrived to Hungary as well this year,...

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Dreher's ad campaign for responsible alcohol consumption

Gábor Talmácsi, the famous motorcyclist is the face of the campaign, how accentuates the individual resposibility. Dreher Brewery in part of its CSR program started this ad campaign to call...

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Coca-Cola since 40 years in Hungary

Hungarian first met the product at the National Fair in Budapest in 1967, the first in Hungary bottled flask leaved the factory in 17th June 1968. In 1991 Coca-Cola Amatil...

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Excellent Award for Kempinski Budapest

At first in Hungary Kempinski Hotel Corvinus Budapest, Kempinski Spa and the Ristorante Giardino get the „Seven Stars and Stripes” Award. Seven Stars and Stripes® is the brainchild of Thorsten...

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Strong HUF is a Danger to Hotel Companies

Besides the high food and energy prices also the strong national money can decreased the profit of Hungarian hotel companies.  According to specialists a 10% increase at rate effects HUF...

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SABMiller To Buy Stake In Ukrainian Brewery Holding

The Ukrainian Antimonopoly Committee has cleared SABMiller's proposal to buy over 50% of Ukrainian Brewery Holding. The UK-based brewer had earlier bought the Sarmat brewery, which had been part of...

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Evolving hotel indicators

In the first five months of 2008, hotels had a 53 percent occupancy rate. Gross Room Revenue at current prices was up 6 percent, total guest nights increased by 1...

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Tesco to expand beyond the West Coast US

The British retailer is investing up to £250m a year in the next four years on the West Coast.  Tesco is due to open its first U.S. store in three...

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Hungarian POP Icons in Coke Club

In the second season of Coke Club today rockbands sing their icons's (LGT, Neoton Familia, Tankcsapda) songs.In the MTV Icon program bands inspired by the Icon performed some of their...

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Unilever's price increase also in Hungary

A sharp price hike for vegetable oils necessitated a higher-than-average price hike for margarine, ketchup, mayonnaise and ice cream.  Unilever Hungary said it will raise prices by less than 10%...

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Stolichnaya to Be Put up for Sale

Vodka label Stolichnaya is to be put up for sale after Russian company SPI asked Lehman Brothers to find a buyer. French wine and spirits group Pernod Ricard was linked...

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Chocolate-flavoured gum by Trident

Cadbury is using its two biggest businesses – chocolate and gum – to produce a mint gum with a liquid-filled chocolate-flavoured centre that will hit shops in Britain   Cadbury...

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New Swiss Owner by Buitoni Pasta Plant

Nestle's Italian subsidiary has selected Swiss investment group TMT Finance SA to take over its Buitoni dried pasta and crisp bread plant in San Sepolcro.  The plant, which employs 450,...

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Herendi China Manufacture open a shop in Harrods

The company is present with exclusive shops in Germany and China, but now it opened an elegant unit in London famous mall.  The unit take place on the II. floor...

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Metro Cash&Carry to build three new stores in Bulgaria

Metro Cash&Carry Bulgaria plans to invest 150 million leva within the next three years, company representatives told reporters in Varna, at the opening of the first expanded and modernised store...

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French Cheese Firm Bel to Acquisite two Czech companies

The Czech antitrust office UOHS has given the green light for French dairy company Fromageries Bel to buy Jaromericka and J+R. Fromageries Bel will take over 71.34% of shares in...

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Retail Sales Growth Better-Than-Expected in the US

Sales in every merchant category increased in May. Excluding autos, sales rose 1.2%. Sales of electronics increased 0.7% and sales at department stores jumped 1.2%, the most since March 2007....

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Carrefour to rebrand all Champion shops

French supermarket giant will rebrand all 1,021 of its Champion shops as Carrefour by the end of 2009, La Tribune reported.  The company will transform around 150 of the shops...

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Industrial gross output increased in April

The growth was 11.8% compared to April 2007, the index adjusted by working days rose by 6.5%.  The volume of the production was higher by 8.1% in the first four...

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Agricultultural products are expensive

In April 2008 the producer price level of agricultural products was 32.6% higher than in April 2007. The price level of crops and horticultural products increased by 41.9% while that...

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ASDA won Three Tops Prize At Grocer Gold Awards

The British retail company picked up the Best for Service Award and the Best for Availability Award and the also the Best of Business Initiative .  The Grocer Gold Awards...

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Bosch may transfer production to Hungary?

According to Swedish evertiq.com internet site the German based Bosch may transfer production from its plants in France to Hungary or Spain.   The plant that is most threaten is...

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Bulgaria Milk Producers Protest because of Low Prices

Dozens of Bulgarian milk producers rallied in the capital Sofia to press for government guaranteed minimum purchase prices for milk due to increasing animal feed prices.  Farmers in the new...

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Nordzucker to Bid for Danisco Sugar

Germany's second-largest sugar refiner Nordzucker is interested in buying the sugar arm of Danish group Danisco and “has the money to pay whatever it costs,” its CEO told financial daily...

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Giant beer aquisitaion on the horizon

Anheuser-Busch Acknowledges Receipt of Unsolicited Proposal from Inbev Anheuser-Busch Cos. Inc. in value of USD 46.3 billion.  The $65 per share in cash for Anheuser-Busch is 24% higher than the...

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