News and articles

Bye-bye Greengrocers

The Daily Telegraph reports that nearly 3,000 greengrocers have closed in the past decade in UK.   The newspaper said that shoppers have been left considerably worse off, with the...

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X5 want to finance its develope by bonds

Russia's largest food retailer by revenue, plans to issue two bonds worth a combined 16 billion roubles ($672 million).The source said the company had not yet defined the timeframe of...

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Wal-Mart Stores Inc sees exploring opportunities in Russia

The world's largest retailer, currently operates in 13 markets outside of the continental United States, including Japan and China. It also has established a joint venture in India.   Wal-Mart...

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New wellness hotel to built in Lenti

In the near future a new, 4 stars hotel will develope with 116 rooms close to the Bath in Lenti.   The hotel will get a separated wellness section with...

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Stricter Conditions on the Merger of Discount Stores Plus and Netto

Decreased ownership, 370 stores to sell, not a joint purchasing – this are the most important conditions by German Cartel Office for giving green line on 20 June.   It...

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Products from Andalucia and Valencia in Cora

Costumers in all Cora stores from Budakalász to Szolnok can taste the Spanish foods between 5-22 June.   It is the 4th Spanish Week in Cora. This year Andalucia and...

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Dairy farmers won, retailers increase prices

German dairy farmers say they have ended a 10-day strike protesting low milk prices.  Milk federation union chairman Romuald Schaber said Thursday, "We dairy farmers are finally being met at...

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Eurozone Retail Sales Report Surprise Fall In April

Retail sales in the 15-country eurozone fell unexpectedly in April, the third straight month of lower sales. Data from the Eurostat data agency showed that retail sales fell 2.9% year-on-year...

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Beerfriendly happening with Arany Aszok

The beer brand Arany Ászok is one of the main sponsors of Sziget 2008 Festival. The beer factory organises several programs and a grandious surpire for beer friends.   Also...

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Rain of medals in Mai for Törley

The Törley products won several medals at quality international wine competitions.  In Mai achievements of four international wine competitions were published. At Decanter World Wine Awards Törley won 2 bronze...

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Small stores closed also in Austria

Last year more than 1,000 small shops finished their work in Austria, the number of small retail units fell to 52,690. According to the Austrian Federal Chamber of Commerce (WKO)...

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Improving Expectations in May

In May the seasonally adjusted Economic Sentiment Index of GKI-that have been published since 1996-increased explicitly from the lows of April that have never been seen before.  The survey of...

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New CEE director at Bonduelle

From 1th June Miklos Ostermayer is the CEE regional director at Bonduelle, he is the first Hungarian specialist who has such high position at the French company.   Mr. Ostermayer...

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Wal-Mart increased sales in May

Company reported a 3.9 percent increase in same-store sales in May, much better than the 1.6 percent gain that analysts surveyed by Thomson Financial expected.   Wal-Mart's better-than-expected sales in...

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Industrial gross output increased in April

According to preliminary data of Hungarian Statistic Oficce in April 2008 the industrial gross output increased by 11.8% compared to April 2007, the index adjusted by working days rose by...

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Hungarians traveled less than a year before

In January-April 2008 guest nights fell 3 percent, while revenues at current prices grew 2 percent in public accommodations compared with the same period in 2007.  International guest nights –...

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British government considers ban on cigarette packet branding

The proposed ban is part of a consultation document that marks the start of a 12-week debate on how to cut the number of people smoking in Britain.  Britain's Department...

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German Milk Farmers Relax Blockade of Dairies

Thousands of striking German dairy farmers started to relax their blockades of dairies staged, but they continue the protest in front of retail shops. Dairy farmers in Germany and other...

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India's Future Group Stops Selling Cadbury Products

Future Group, India's largest retailer, has sent instructions to its outlets to boycott the Cadbury brand over price discrimination, according to media reports.  The boycott is the latest in a...

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Nestle's 'KitKat Senses' Required 10 Mln Euro Bulgarian Investment

In the plant Nestle's new low calorie edition KitKat chocolate bar “Senses” is produce, the chocolate has been available in the UK since April and by the end of the...

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Supermarkets floorspace and market share grow

According to Nielsen research company the Hungarian supermarkets increceased their sales as the average.  In one year the food sales in supermarkets grow by 18%, the chanel's market share grow...

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The Greek government has mettings with Supermarket owners and dairy producers

The government is concerned that rising prices and inflation of 4.6 percent – a six-year high – could do irreparable damage to its popularity.   Development Minister Christos Folias has...

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Accusation in case M.E.G.A.

In the course of a control in 2006 the specialist of food safety authority found tons of food with warranty periode expired. After 1.5 years enquiery the National Investigation Office...

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Hungarian farmers wants to protest

The Association of Dairy farmers organises a national protest against the low milk prise.   According to Istvan Toth, secretary of the association the organisation is solid with the farmers...

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