News and articles
Sale and lease back
Date: 2007-07-03 00:00:00
European commercial property sales and leasebacks are set to grow to about 30 billion euros a year as firms seek to unlock the value of real estate on their balance...
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Reorganization at Food Express
Date: 2007-07-03 00:00:00
There is a hard competition between home delivery food services. Because of the cheap price of small companies, the biggest, Food Express has to make restrictions. A few years ago...
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Tesco moves into the buoyant UK property market
Date: 2007-07-03 00:00:00
Sellers will be able to list their homes on a Tesco website for a one-off fee of about £200.Last year, rival supermarket Asda provided touch-screen terminals with details of properties...
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Decrease in Budapest but increase in Szabolcs
Date: 2007-07-02 00:00:00
The interim biennial purchasing power index compiled by GfK Hungária shows that well-performing counties are stagnating or dropped back slightly. Since 2000 there was a permanent growing in the capital,...
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Year of M&A
Date: 2007-07-02 00:00:00
According to Reuters global M&A activity is on target for a record year after a first-half surge. An increase in cross-border corporate mergers helped Europe push past the United States...
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Gaining deeper customer insight is the key to gaining a competitive edge in the retail
Date: 2007-07-02 00:00:00
Loyalty cards give retailers a better guide to customer preferences study finds."Customer loyalty is based on the extent to which merchants connect with customers' interests, values and needs," said Nigel...
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Hungary's external and internal balances improved in the first four months
Date: 2007-07-02 00:00:00
Hungary's Central Statistics Office (KSH) has revised that the cumulated trade gap at the end of the first quarter was EUR 442.4 m, down from prelim EUR 463.9 m and...
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Price of household goods decreased, food prices increased
Date: 2007-07-02 00:00:00
Domestic sales prices rose by 0.4% in May 2007 compared to the previous month, and by 7.8%compared to May 2006. The export sales prices expressed in HUF were higher by...
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Italy wins in „cheese war”?
Date: 2007-07-02 00:00:00
It sets up a thrilling finale when the full Court of Justice will rule later this year on whether “Parmesan” can be made only by northern Italians or by any...
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20 Bauhaus unit in the next years
Date: 2007-07-02 00:00:00
Germany's do-it-yourself chain, Bauhaus, will debut in October in Dunakeszi.Bauhaus will open two further stores this year, one in Dunakeszi and another in Szigetszentmiklós, which will be followed by 18...
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Own brand confectionery grows across European markets
Date: 2007-07-02 00:00:00
European confectionery private label market share is continuing to grow strongly, according the latest statistics by Neilsen for the Private Label Market Association. Results indicate that the retailer brand market...
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Reorganization by Zalabaromfi
Date: 2007-06-29 00:00:00
The new owner, the Dale consortium bought the company for more than 50% of a start prise, HUF 2,4 billion. Dale started to reorganize and rationalized the company in Zalaegerszeg....
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Burger King will be open in Bohemia
Date: 2007-06-29 00:00:00
AmRest, the listed restaurant operator – managing, among others, Burger King,Pizza Hut KFC – ask for working permit in Czech Republic. Until now the concret start of the first bohemian...
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European Food Safety got well
Date: 2007-06-29 00:00:00
Alert System for Food and Feed (RASFF) which shows that notifications on risks to food safety fell by 5% in 2006 compared to 2005.This is the first time since the...
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Business confidence of big Hungarian companies improve in June
Date: 2007-06-29 00:00:00
The index gauging the confidence of Hungary's largest corporations stood at 58 points in June, up 4 points from May and at a six-year high, indicating outstanding optimism, Ecostat, the...
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M.E.G.A. group is played into the hands of Ukrainian
Date: 2007-06-29 00:00:00
The ownership change was made in Februar, after the re-labeling scandals, but the Registry Court has enroled now the two new owner from Ukraine. The M.E.G.A. Group, with five firme,...
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Food safety fine for Lidl
Date: 2007-06-29 00:00:00
One of Lidl's polish eiscream had to be get out of the circulation and must be annuled, because the production was not safe enough, and the eiscream could be tainted....
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Tesco set to launch book club with UK's biggest publisher
Date: 2007-06-28 00:00:00
Tesco, the supermarket chain with more than 1200 stores in the UK, is expanding its retail empire by launching a book club in collaboration with the UK's biggest publisher, Random...
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Spain Gives Nod to Nueva Rumasa's Acquisition of Parmalat's Clesa
Date: 2007-06-28 00:00:00
According to Spain's business media, the national competition authority has given food group Nueva Rumasa the green light to acquire Clesa, the Spanish subsidiary of Italian dairy firm Parmalat. The...
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Hard competition on softdrinks market in Ukraine
Date: 2007-06-28 00:00:00
Orangina Group, the beverage producer has acquired Rosinka, a Ukrainian soft drinks manufacturer, for an undisclosed sum. Rosinka, which has a workforce of 600, saw its 2006 turnover reach 30...
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Toxic industry raw materials in chinese food
Date: 2007-06-28 00:00:00
Chinese media are reporting that authorities have shut down 180 food factories, after inspectors found industrial chemicals in products from candy to seafood. Authorities say formaldehyde, illegal dyes and industrial...
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Charles' organic carrots rejected by Sainsbury's for being 'rotten'
Date: 2007-06-28 00:00:00
SAINSBURY'S rejected royal carrots grown at the Prince of Wales's organic farm because they were “rotten”. The supermarket giant said the quality of Duchy carrots from Highgrove had "deteriorated"...
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Nike is popular in Europe
Date: 2007-06-28 00:00:00
With growth in the U.S. and abroad, plus surprisingly strong future orders, Nike allayed fears and buoyed hopes for some about the future of the world's largest athletic shoe and...
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Warehouses near to the downtown
Date: 2007-06-28 00:00:00
Construction work has begun for a 20,000-square-metre (4.94-acre) business park in Táblás street in Budapest's 9th district. InNove Business Park will comprise warehouses and office space. It is located at...
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Uninterrupted growth at LLP
Date: 2007-06-28 00:00:00
LLP Group, a leading provider of ERP and CRM solutions in Central and Eastern Europe, has reported 2006 total revenues of 7.7 million EUR, representing 12% growth over 2005. The...
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Competition about the past 30 years
Date: 2007-06-27 08:00:00
The final of the “Who knows more about the past 30 years?” organised by Sió-Eckes Kft. to commemorate their 30th birthday took place in the beginning of June. Teams from...
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Success in Luxembourg
Date: 2007-06-27 08:00:00
The meeting for Ministers of Agriculture, held in Luxembourg in the beginning of June ended with positive decisions for Hungarian producers. As Ádám Ficsor Ádám, under secretary of the Ministry...
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Meetings and conferences
Date: 2007-06-27 08:00:00
When a not very exciting conference is held next door and another similar one is held in the other end of the country, the choice is quite obvious. However, if...
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