News and articles
Continental will renew in its secession style wing
Date: 2008-07-29 00:00:00
The former Hungária bath revivals as 4 stars superior hotel with 280 rooms. Continental Hotel Zara may open in 2010. The new hotel with 7 floors and two extra floors...
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Brussels would modify the rules
Date: 2008-07-29 00:00:00
EU Agriculture Commissioner Mariann Fischer Boel wants to scrap 26 of 36 marketing standards, the 10 remaining items account for 75 percent of the EU's cross-border trade in this area....
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Tenders for developing e-commerce
Date: 2008-07-29 00:00:00
The authorithy extended the administration termin of GOP-2008-2.2.3 tender until year's end. The tender for implementig modern ERP-systems has been announced within the framework of the New Hungary Development Plan....
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The decrease of retail trade turnover continued
Date: 2008-07-28 00:00:00
On production side, the main factor of economic growth was industry both last year and in the past period of this year. However, the performance of the branch –...
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European Omega-3 Market to Grow 23.6% Per Year
Date: 2008-07-28 00:00:00
The market was valued by researcher of Frost & Sullivan at USD 296 million in 2007 and is expected to hit the USD 1.3 billion mark in 2014. Raw...
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New low gassing cheese bag increases output, says Sealed Air
Date: 2008-07-28 00:00:00
The OSB 4550 shrink bag, claims Sealed Air Cyrovac, is a new addition to its cheese curing bag range and is suitable for both industrial and consumer unit packaging. The...
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Snack firms pledge obesity fight
Date: 2008-07-25 00:00:00
More than £200m has been pledged by several food and drinks companies, including Coca-Cola, Kellogg's, Mars and Nestle, in a bid to tackle obesity. The funding comes amid a plea...
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Record growth for UK's discount retailers
Date: 2008-07-25 00:00:00
According to TNS Worldpanel, discount retailers now account for 5.9pc of all grocery spending in Britain. Aldi grew its market share by 19.5pc to 2.9pc over the period, while Lidl's...
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Safety of cloned animal products uncertain
Date: 2008-07-25 00:00:00
The European Union's top food safety agency (EFSA) said cloned animal products may not be safe and further study was needed. In March 2007, the European Commission — the EU's...
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Retail decreased in Mai
Date: 2008-07-25 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. ...
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Britons bought more in Mai
Date: 2008-07-25 00:00:00
The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia. According to a Eurostat first estimate, in May...
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Suntrust dumps Coke shares but keeps recipe
Date: 2008-07-25 00:00:00
SunTrust said it sold 10 million shares of the beverage maker in June and will be another 3.6 million shares in a charitable trust. The remaining 30 million shares were...
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30% less tourist at Lake-Balaton
Date: 2008-07-24 00:00:00
According to the freshest datas of the trade and industry chambers the catering traders and hoteliers at Lake-Balaton have 25-30% reduction in turnover because of rainy summer days.At the high...
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PepsiCo's Positive Surprise
Date: 2008-07-24 00:00:00
Despite a 1% decline in the Americas beverage business PepsiCo Inc reported that its net income rose to $1.7 billion, in the second quarter that ended June 14, net revenue...
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A Petrol Price War on Supermarket Forecourts
Date: 2008-07-24 00:00:00
Morrisons began by slashing both unleaded and diesel by 4p a litre, Asda responded by cutting up to 3p a litre off both fuels at all its forecourts. The...
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Bester Q2 by Praktiker
Date: 2008-07-24 00:00:00
Praktiker AG. cut its full-year sales growth forecast to a low single-digit percentage from a medium single-digit percentage on the back of slowing European economic growth. Second-quarter net profit...
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Better than expected profit by Whirlpool
Date: 2008-07-24 00:00:00
Home appliances company's second quarter net earnings were $117 million, quarterly revenues were up 5% to $5.08 billion. The company said that net earnings for the quarter reflected challenging macroeconomic...
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Dairy Farmers Plan Demonstrations in August
Date: 2008-07-24 00:00:00
The farmers are discontent with the nowaday's supply price of milk. From year's beginning it droped almost 20%, forexample because of cheap milk prices of the supermarket chains. Dairy...
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Auchan acquires Galerias Primero
Date: 2008-07-24 00:00:00
French privately owned retailer's Spanish unit Sabeco S.A. has agreed to acquire supermarket chain Galerias Primero from Group Nozar and Caja Inmaculada (CAI). The two companies, which are a construction...
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Record food safety warnings from EU
Date: 2008-07-24 00:00:00
According to the annual RASFF report released by the European Commission, a total of 7,354 warnings of risks to human health from food and animal feed were sent to the...
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Retail Sales Up 15% in Russia
Date: 2008-07-23 00:00:00
According to Rosstat, the Federal State Statistics Service in H1 Retail sales in Russia were up 15.2% year-on-year to around $269bn. Sales in June itself were up 13.8% to over...
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REWE to cut CO2 emissions in product chain
Date: 2008-07-23 00:00:00
Rewe Group is taking action by applying its environmental activities to cutting CO2 emissions in the product chain. The German retailer starts a pilote project about decresing carbon footprint together...
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Penny don't Stop its Watermelon Action
Date: 2008-07-23 00:00:00
The company pay HUF 40 pro kilo for suppliers, they guaranted HUF 30 for the growers until 27 July. Penny Market disagrees with the political push to cut the consumer's...
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