News and articles

Tesco contra British Government 1:0

In his budget, Chancellor Alistair Darling said that one of his reasons for upping duty was that the price of wine in supermarkets had fallen over the last ten years....

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The domestic sales of manufacturing grew slightly

According to Hungarian Central Statistic Office in July 2008 the industrial gross output increased by 0.6% compared to July 2007, the index adjusted by working days declined by 1.8%.  The...

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Price increase at poultry and milk was over average

In July 2008 the producer price level of agricultural products was 12.3% higher than in July 2007. More specifically, the price level of crops and horticultural products increased by 8.1%...

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Czech PPF buys 50% stake in Russian Eldorado

Czech Republic’s PPF Group has purchased 50% of shares in Russia’s largest home electronics retailer Eldorado.  Russian Business Daily Vedomosti reported the deal is worth around $400-800 million, although market...

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CIB Bank has frozen Zalabaromfi's bank accounts

According to press informations Hungarian poultry company cannot pay either its employees or its suppliers. Zalabaromfi has forced its several hundred employees to take temporary leave.  Zalabaromfi's management told that...

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Real To Put Up More Self-Service Checkouts in Germany

Metro's Real chain plans to expand the number of stores that house self-service check-out counters, and will introduce the same to 110 of its outlets by the end of the...

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Diageo to built new brewery for Guiness

The new brewery will produce Guinness to meet growing export demands and will also brew ales and lagers with a capacity of 5m hectolitres.  Diageo Ireland is announcing that it...

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Accor launch new loyalty programmes

A|Club members will earn points in Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, Ibis and all seasons hotels around the world.  Members earn points on the entire hotel bill, including spending...

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Price increase at cooking oil, rice and milk

In August 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 6.5% compared to August 2007. In the first eight months of 2008 the average...

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Dynamic growth at poultry stock

Between 1st April and 1st August 2008 the stock of both cattle and pigs increased. The number of sheep decreased, the stock of poultry – except for the number of...

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The business environment improved in Hungary

According to the latest Doing Business report of the World Bank has showed Hungary stepped forward nine places to 41., but still finished behind Estonia, Latvia, Lithuania and Slovakia.  While...

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Record Ikea sales over 20 billion euros

Swedish furniture giant Ikea posted record earnings this year, but after a decade of booming expansion it now sees growth slowing, its director told financial daily Dagens Industri.  Ikea, which...

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No increase at domestic hotels's profits

According to STR Global the hotels in Budapest has the same revenue as a year before. The average room cost was 84.40 euros, the occupancy was 61.3% and the RevPar...

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GS1 Conference in Budapest and Roadshow in Hungary

Autumn GS1 Hungary organises a conference for GS1 Users in Budapest. This year GS1 Hungary also makes a roadshow in 5 cities: Győr, Pécs, Szeged, Eger and Debrecen to meet...

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Henkel Named to Latest Dow Jones Sustainability World Index

Just 10 percent of the 2,500 largest corporations in the world are named to the DJSI World in an annual economic, ecological and corporate social responsibility review performed by SAM...

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New Trade Marketing Manager at Kraft from 1 September

Szilvia Varga joined in 2001 to company. From the first moment she worked on trade marketing field. The specialist was responsible for chocolate bars, than for coffees and cheese. Since...

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Month of Recycling to start

It is the second case, that Öko-Pannon's Recycling Camion roll out and in frame of an exhibiton shows how the could we recycling the packiging wastages. The roadshow starts on...

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SPSS to work with PR Agency

SPSS Inc. is a leading worldwide provider of predictive analytics software and solutions, the company choose LEWIS PR to care about company's communications in Hungary. According to Adam Bukkosy, business...

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New Special Palinka from Zwack House

Costumers can taste the freshest Yellow Muscatel Palinka at this weekend on 17th Budapest International Wine Festival 2008. Next opportunity is in October at the Palinka and Sausage Festival in...

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Chef Academy in Novotel Budapest Congress

The students take part 7 two days teachings about cooking and serving fishes, proud flesh, red flesh, poultries, veal and vegetarian dishes. The first Chef Academy has 6 students, in...

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Carrefour to invest in Southern Russia

According to local press reports, Carrefour plans to invest USD100 million in Russia's Krasnodar region over five years.  The retailer will sign an investment agreement on the construction of hypermarkets...

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Fresh & Easy to Introduce Over 200 New Own-Brand Products

Over 80% of customers cite Fresh & Easy's own-brand products as one of the main reasons they shop at the stores, based on the company's customer surveys.  With own-brand products...

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GM soya bean – Yes for import but not for growing

The European Commission authorised the import of a genetically modified strain of soybean for use in feed and food for 10 years.  The European Union’s executive branch said the strain,...

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Ghana wants to increase its cocoa growing by 30%

Ghana's government has doubled its budgetary allocation for supplying fertliser to cocoa farmers for the 2008/09 crop starting this month, an official at the Cocobod cocoa regulator said.  The world's...

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Podravka Improved Results

Croatia's top food group Podravka expects to show better results at the end of this year after a campaign to cut costs, the company's new CEO said.  Podravka, which operates...

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Hitachi fridge emits Vitamin C to keep frozen food fresh

Hitachi sells a number of fridges on the Japanese market that lower the oxygen density via an integrated pump.  Hitachi announced in Japan they will start selling the R-Y6000, a...

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HUF 5 million penalty for Rossmann

According to the Hungarian Competition Authority the drogerie chain's parfume actions in 2007 September and December fobed the consumers. It was not the first case.  In the first action Rossmann...

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