News and articles
Store openings, online sales boost H&M
Date: 2008-03-28 00:00:00
Swedish fashion retailer Hennes & Mauritz AB posted a 28 percent rise in first-quarter profits from strong online sales, new stores, and a beneficial exchange rate. Europe's second-largest clothing...
Read more
Nordic Partners' buy Hame
Date: 2008-03-28 00:00:00
The Czech anti-monopoly office UOHS said it has approved Icelandic company Nordic Partners' acquisition of the largest Czech canned food producer Hame. The price of the deal was not disclosed....
Read more
Coop-Carrefour Deal ended in Switzerland
Date: 2008-03-28 00:00:00
The former Carrefour hypermarkets will be Coop Megastores from June, so the Coop chain has now 24 big stores in the Alpen country. The Swiss watchdog approved Coop to buy...
Read more
Toxic mozzarella from Naples
Date: 2008-03-28 00:00:00
Italy's buffalo mozzarella industry was in crisis yesterday as a third of producers faced closure amid fears that their cheese had been contaminated with cancer-causing substances. Several batches of...
Read more
Increasing business confidence in Germany and France
Date: 2008-03-28 00:00:00
Europe economy is running, the unemployment is in 25 year low and no crisis to see at properity sector. The euro rose against the dollar, reversing an earlier decline,...
Read more
Fourth Hungarian among the best McDonald's employees
Date: 2008-03-28 00:00:00
Agnes Horvath (33), Operations Director of McDonald’s Hungary is the youngest from the Hungarians who got this award. The McDonald’s President’s Award, the most prestigious McDonald’s employee award across the...
Read more
Fresh products from Lekkerland
Date: 2008-03-28 00:00:00
Thanks to the new ice-romm of the company, built from 50,000 euros in Budapest, in the logistic center of the company, from 1 Marc Lekkerland can deliver 30 kind of...
Read more
Nespresso presented Goroka Coffee from New Guinea
Date: 2008-03-27 00:00:00
Grand Cru is is perfect combination of crema, body and taste, offering distinct individual aromas and flavor notes. Senses such as sight, smell, taste, aftertaste and touch can be used...
Read more
Lidl 'spied on staff in Germany
Date: 2008-03-27 00:00:00
Surveillance teams would arrive early on Monday mornings to install between five and 10 miniature cameras in Lidl stores, according to the German news magazine Stern. The retail chain...
Read more
Shiny outlook for 2008 at Tiffany
Date: 2008-03-27 00:00:00
Tiffany & Co posted higher-than-expected quarterly profit on Monday as increased sales overseas and new stores helped offset the effect of a shaky U.S. economy that has strained consumer spending....
Read more
Adidas -Vulcabras joint venture
Date: 2008-03-27 00:00:00
The new company will sell shoes, shirts and other sports apparel from Reebok in South America. The joint venture starts business April 1, pending regulatory approval, and will be...
Read more
Regional tenfold difference between the yearly budget in the region
Date: 2008-03-27 00:00:00
Austrian has the most money, Ukrainian the less. 42% of the cost is given for food in the now growing countries, in Hungary this share moved from 29 to 23%...
Read more
New CEO at Biopont
Date: 2008-03-27 00:00:00
From March Mark Egervari, former economic director leads Hungary's biggest bioproduct distributor. The specialist has an economy and legal qualification, joined the company last summer. The former CEO, owner of...
Read more
Airport Hotel Budapest to open in July
Date: 2008-03-27 00:00:00
The first Hungarian airport hotel has four stars and 112 rooms. The hotel also has a conference room for 200 people, a wellness section, a non-stop restaurant and bar. Guest...
Read more
8 new Profi stores in Romania
Date: 2008-03-27 00:00:00
Profi Rom Food, operator of the Profi and Albinuta store networks in Romania, plans to invest E8.0m in 2008 to open new Profi stores in the country. The company will...
Read more
Heineken Makes Acquisition of Czech Drinks Union AS
Date: 2008-03-27 00:00:00
The acquisition, for an undisclosed amount, must be assigned by competition watch dog. Companies hope to close the deal until June. Brewer Heineken has announced the acquisition of Czech privately...
Read more
Sainsbury's Sales Grow 4.1% rise in Fourth-Quarter
Date: 2008-03-27 00:00:00
Despite the slowdown in consumer spending, Sainsbury's said it continues to see strong growth from non-food sales, thanks to its investment in developing its product ranges and infrastructure as well...
Read more
Tobacco products from under the counter
Date: 2008-03-26 00:00:00
Retailers could be forced to take cigarettes off display, under government plans to crack-down on smoking in UK. Shopkeepers could be made to sell tobacco products from under the counter...
Read more
Retail Market Continues Rapid Growth in Russia
Date: 2008-03-26 00:00:00
The retail trade grew 17% to US$40bn in February this year compared to the same month a year earlier, according to figures from the Federal State Statistics Service. Retail trade...
Read more
100 millió eurós beruházást tervez Törökországban a Metro
Date: 2008-03-26 00:00:00
Company plans to open 10 new stores this year Metro CEO Eckhard Cordes said. Metro will open 6 consumer electronics MediaMarkt stores, 2 retailer Real stores, and another 2 retailer...
Read more
The Russian X5 Retail To Acquire Kama Retail
Date: 2008-03-26 00:00:00
The X5 Retail Group has announced a deal buy Kama Retail Co, a Pyaterochka franchisee in the Perm region, for about US$18m including debt. The rapidly expanding russian food retailer...
Read more
Budaors is Tetra Pak's new Easter-Midle European Centre
Date: 2008-03-26 00:00:00
The new founded company: Tetra Pak Duna results from former Tetra Pak Hungary, Austria, Czech and Slovakia. Svend Weidemann, leader of the new built company, former head of sales in...
Read more
Best results ever at Alimentaria 2008
Date: 2008-03-26 00:00:00
Exhibition receives 158,000 professional visitors, 4% more than the show’s previous edition. One out of every five visitors came from another country. Alimentaria 2008 closed its doors last 14...
Read more
Tesco has the biggest sales in Hungary
Date: 2008-03-26 00:00:00
According to Nielsen Research in 2007 only hypers and discounts could develope, but some from the winners cathegory only must stagnate, Tengelmann gave up. The list of the power is...
Read more
Smart shopping trolley with dietetic advices
Date: 2008-03-26 00:00:00
Microsoft is helping design the ultimate shopping trolley: a cart that will guide you round the store, suggest recipes…and tell you if you're sticking to your diet. Developed by...
Read more
Figo plays at Szentkirályi's group
Date: 2008-03-26 00:00:00
The gold medalist Portugase futballstar arrived today at Budapest, where he got a press conference, met his fans and than drove to Szentkirály for shooting the ad campagne. Tomorow the...
Read more
World champion of motor GP is the ad face of Burn energy drink
Date: 2008-03-26 00:00:00
Coca-Cola Hungary protect Gabor Talmacsi motogp World Champion. More than 1000 people saluted the star at Club Tihany, where Coca-Cola made him a party. When he arrived people could see...
Read more
350% increase at Real Romania
Date: 2008-03-25 00:00:00
The company opens six new stores and the sales of each hypers almost doubled. German group Metro, the largest player in the Romanian trade sector, has posted sales worth 1.95...
Read more
M&S Expands In Central And Eastern Europe
Date: 2008-03-25 00:00:00
Marks & Spencer has entered into joint venture with franchise partner COMS to expand in Central and Eastern Europe. COMS, a.s. operates 13 Marks & Spencer stores in the Czech...
Read more
Compact washing powder's price increased 20%
Date: 2008-03-25 00:00:00
According to Nielsen Research the last year the sales of detergents grow with 10% , it was over HUF 37 billion. There was a 2% decrease in quantity. Detergent is...
Read more
