News and articles
TESCO Ireland looks for price cuts from UK suppliers
Date: 2008-06-05 00:00:00
Tesco Ireland has confirmed that it held a meeting with its UK suppliers about two months ago seeking price cuts in order to reflect the recent surge in value of...
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New CEO at Ledo Hungary
Date: 2008-06-04 00:00:00
The specialist was the former trade director at the parent company. The icecream and frosen food company, leaded by new CEO Jakov Baricic, has 18% market share in Hungary. Ledo...
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Auchan is accused of illegally land seize in Russia
Date: 2008-06-04 00:00:00
Auchan's oldest location in Russia — a 50 hectare cluster of stores — is standing on a plot of government land reserved for the Russian Institute of Agricultural Sciences. The...
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Rice rationing hits UK consumers
Date: 2008-06-04 00:00:00
The cost of rice has soared around the world in recent months – and the resultant shortages are beginning to hit home. Some British supermarkets said they were rationing sales...
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The growth of the real earnings leads to expansion of the retail
Date: 2008-06-03 00:00:00
According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank tthe Hungarian economy will get out from the last year’s “hole” in the second half...
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Széchenyi Card Success Story to Continue
Date: 2008-06-03 00:00:00
After a long preparation KA-VOSZ Zrt., Hitelgarancia Zrt and two ministries National Developing and Economy the new Széchenyi Card construction starts. Széchenyi Card 2 has a longer duration and the...
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Agressive expansion by Hilton
Date: 2008-06-03 00:00:00
In the next years company wants to open 900 new hotels. Last year weekly 5 new Hilton group hotel opened. According Patrick Fitzgibbon deputy president of Hilton Europe and...
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Starbucks' New Logo leads to Boycott Call in US
Date: 2008-06-03 00:00:00
The US Christian group, The Resistance, has called for consumers to boycott the US coffee giant after saying its new logo has a naked woman on it with her legs...
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Dutch Milk Producers Block a Cheese Plant
Date: 2008-06-03 00:00:00
The move follows further’s blockade of a Friesland Foods plant. Hundreds of Dutch milk producers blocked the entry to a DOC Kaas cheese manufacturing facility in the northern town of...
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Heineken Reforms its Breweries in France
Date: 2008-06-03 00:00:00
The reorganisation will further focus Heineken’s business in France on the branded and growing premium segments of the market. The reorganisation includes an investment of EUR 124 million over the...
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Renovating of three stars Star Hotel Budapest finished
Date: 2008-06-03 00:00:00
The hotel belongs to Mellow Mood Group's City Hotel brand, in frame of rerun all the 48 rooms, the restaurant, the reception and the lobby bar were refurnished. Star Hotel...
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Burger King to extend opening hours in US
Date: 2008-06-03 00:00:00
The company hopes to reduce the gap between itself and competitors, such as McDonald's, in the Late Night daypart. McDonald's is also open until midnight or later in many markets....
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WAL-MART for greener environment
Date: 2008-06-02 00:00:00
Following on announcement in Canada, Wal-Mart has announced it has achieved its goal of offering only concentrated liquid laundry detergent in all of its US stores. According to the retailer,...
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A.S. WATSON launches private label in Marionnaud
Date: 2008-06-02 00:00:00
The move represents a further extension of the Watsons brand in Europe, after the first Watsons Your Personal Store in the region opened in Slovenia in 2006. AS Watson’s Marionnaud...
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10% revenue increase at Co-op chain
Date: 2008-06-02 00:00:00
The store chain, which operates 5,000 units, develops its fresh products offer, nowadays 50% of business comes from this segment. In the first four months of the year Co-op has...
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In Europe the employees of informatic companies are the most contented
Date: 2008-06-02 00:00:00
Two softver company, Microsoft and Reaktor Innovation lead the „Best employer in Europe 2008” list made by Great Place to Work Institute. Financial Times publishes a special report ranking the...
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Vögele store in Székesfehérvár
Date: 2008-06-02 00:00:00
This is the 22. unit of the fashion clothes chain in Hungary, this year company opens 20 new stores. Charles Vögele Group work since 2005 in Hungary, until last year's...
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Less mosquitos, but more moth last summer
Date: 2008-06-02 00:00:00
According to Nielsen's Retail Index last year fall the demand of insecticides in retail, but request of mothpowder increased. The whole market is HUF 3,5 billion, last year the...
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TriGranit grows in Romania
Date: 2008-06-02 00:00:00
The company agreed to take over the operation of three shopping centers in Romania from Austrian property developer Immoeast. The first agreement is about the Euromalls in Galanta and Pitesti...
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Rewe is optimistic
Date: 2008-06-02 00:00:00
German retailer REWE said all of its business divisions posted higher sales in the first quarter of this year, led by a 9.5 percent year-on-year increase in discount supermarket revenue....
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The price war begins, but the customers wait
Date: 2008-05-30 00:00:00
The sales indexes of LCD and DVD recorder are much lower than two years before. According to a recent survey by market researcher GfK Hungária, the 2006 Football World Cup...
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Heinz Posts a Profit and Raises Its Forecast
Date: 2008-05-30 00:00:00
The company posted a 7 percent increase in fiscal fourth-quarter profit, in line with analysts’ estimates, helped by price increases and the weak dollar. The company, which makes Heinz...
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Kométa sponzors the domestic professional sport
Date: 2008-05-30 00:00:00
This year Kométa 99 Zrt and the Rákóczi Kaposvár FC signed an agreement. The 85 years old football club plays the 8th season in the first liga. Tibor Hollosy, deputy...
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Thousands befriend Soproni's initiative
Date: 2008-05-30 00:00:00
Almost 7,000 messages and signs were written on Soproni's Fan Flag, what would help the national waterpolo team at the Olympic Games in Benjing. Soproni sponzors the national waterpolo team...
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German milk strike spreads to other European countries
Date: 2008-05-30 00:00:00
It said deliveries dropped by some 60 percent in Switzerland's Zurich region and in the Netherlands, where the Dutch Dairymen Board urged its 4,000 producers to “keep milk on the...
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Two candidates for Szobi Szörp
Date: 2008-05-30 00:00:00
One of the special investors would not only rent, but buy the manufacture. The new renter must to follow the manufacture under the brand name Szobi, the plant stands since...
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REWE sets up group for Billa and Penny in Romania
Date: 2008-05-30 00:00:00
Starting this June, the Romanian network of Billa and Penny will share an integrated structure called Rewe Buying Group (RBG) in order to pool resources and increase efficiencies. “It...
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Park Center in Székesfehérvár
Date: 2008-05-30 00:00:00
Until this year's end another 10 Park Center mall will open, in development value of HUF 50-55 billion. The investor, Centermanagement Invest Hungary Kft. has now ten units. The 10th...
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Milli One of the Most Trusted Brand in Hungary
Date: 2008-05-29 00:00:00
According to Reader's Digest survey Milli is again the most Trusted Brand in Europe in dairy category, since four years company won the award. Reader's Digest Trusted Brands survey is...
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