News and articles

'Kaufland light'-testperiode in Bohemia

Kaufland's existing outlets usually have an area of between 4,000 and 5,000 square metres, and the new stores would have an area of about 2,000 sq m, this would make...

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LVMH closed the 2007 with double digits growth

World's leading luxury products group's evenue rose to 16.5 billion Euros.  LVMH Moet Hennessy Louis Vuitton, the, recorded 2007 profit from recurring operations of 3 555 million Euros, an increase...

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Aldi started with image ads

Aldi before the gates, the company promises significant price cut at food and non-food categories. According to specialists 20-25 of the planed 400 Hungarian Aldi stores open in next weeks,...

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Five pct. more hotels as in 2006

The gross income of public accommodation establishments increased to HUF 244 billions by 4% yr/yr at current prices.  According to KSH dates during 2007, 3.4 million international tourists (up 3%...

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InBev and Anheuser-Busch merger

InBev NV and Anheuser-Busch Cos., the world's first- and second-largest brewers, rose in trading after the Wall Street Journal said the rivals have discussed a merger that may happen this...

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Danone-Weight Watchers joint venture in China

Weight Watchers International, Inc. and Groupe DANONE announced the signing of a joint venture agreement to establish a weight management business in China.   The joint venture, 51% owned by...

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The Coca-Cola Company has 40% interest in Honest Tea

Companies completed an agreement resulting in Coca-Cola holding approximately 40% interest in the fast-growing maker of certified organic beverages, including the best-selling Honest Tea®.  Honest Tea was started in 1998...

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Fondness by Friesland

The sales of the new product, Pottyos Pont2 starts in January. According to the retail dates the product has succes.  Friesland comes every time with nowelity out, last summer the...

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Hungarians Internet Users read news and e-mail via Internet

According to an international survey conducted by GfK the ‘serious’ internet services, such as e-mail and online banking are most frequently used in Austria and Slovenia.   Leisure-time and entertainment-focused...

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Discount offer for exhibition outside of Hungary

ITD Hungary pays 70-75% of exhibition's costs in case of four international fair. ITD Hungary protects Hungarian SMEs with export possibility. The collective appearances are organised by previosly qualifide exhibitories....

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EU to Tax Imports of Swiss Products with Powdered Skim Milk

The tax is part of a price equalizing method agreed between Switzerland and the E.U. Under the deal, Switzerland has until now subsidized the export of powdered skim milk to...

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The winner 21 save water

UK food and drink manufacturers are working together in a new initiative, known as the Federation House Commitment, to reduce water usage and improve efficiency across their businesses.  The 21...

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Investor of the year in Samokov – Billa Bulgaria

The Austrian hypermarket chain opened its 26th store in Samokov last year in November, in the city with 30,000 inhabitants, the investment enriched the 5,3 million euros. Billa Bulgaria opening...

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Plastic milk bottles came back in UK

Shoppers will soon be able to buy milk in plastic bags as part of a green initiative of Waitrose.   The supermarket chain Waitrose is abolishing plastic milk bottles to...

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P&G to separate its coffee business

The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007. Procter&Gamble Co. is planning to split off its Folgers coffee...

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Inspection at European big supermarket chains

A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs.  The increasingly dominant...

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Surpassing sales in Latin-America and Europe

Whirlpool Corp. said its fourth-quarter profit climbed to USD 187 millions, helped by its Maytag acquisition and an improved product mix and the weak dollar.   Quarterly revenue grew seven...

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International Boost Sweetens Wrigley Sales

The Chicago-based company's fourth-quarter profit totaled $155 million, or 56 cents a share, for a dime-a-share leap vs. last year.Revenue got pushed 16.4% higher to a better-than-expected $1.42 billion, primarily...

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Collective Hungarian exhibition at Prodexpo Moskow with AMC support

Twenty Hungarian companies show themselft on the event from 11-15 February 2008. The Hungarian Agrar Marketing Centrum this year organised present for Hungarian firms at Prodexpo in Moskow. The 15th...

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Mihaly Hardy leaved Tesco

The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...

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Unilever Acquires Leading Russian Ice Cream Company Inmarko

The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...

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Hungary's economic growth will pick up and its inflation will slow down this year

Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...

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The labor market of retail to increase in 2008

According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...

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Two digits growth at Coca-Cola Beverages Hungary

The company increased its market shares and get now 20 pct, one third of the sales came from the new products.   The growth is thank to the fact too,...

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Imperial Tobacco's Altadis takeover offer

UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur.   The board of the Franco-Spanish company Altadis...

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French Supermarket Workers Strike over Wages

Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...

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Burger King Keeps Rising

Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...

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