News and articles

Cheap shopping for Polishs by March

Aldi opens its first outlet by March in Poland.  The German giant was originally expected to enter the market in summer 2007, but this was postponed due to problems in...

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Tesco's new style in UK: Multi-level Town Centre Store

The company plans to sell food, televisions, clothing, homewares and toys over two or three floors as its rivals Debenhams, Marks&Spencer do. Tesco plans to build department store-style shops for...

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Sandor Beke, the new sales director at Dr. Oetker Kft

The specialist was appointed by the international team of Dr. Oetker (Beirat), he got the position by 1. February 2008.  Sandor Beke works at the company since 1998, he started...

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Billa to open 10 new stores in Bulgaria

The supermarket chain of German Rewe is present in Bulgaria since 2000, nowadays it has 29 units.  Billa Bulgaria intends to open eight to ten more stores by the end...

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New leader at Coface Hungary

The Coface Group appointed Zoltan Dercze to country director of Coface Hungary, the former director Mikael C. Szabo turnes back to Sweden to lead the Coface Sverige. Zoltan Dercze was...

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LLP Group increased product portfolio

The new member of the business solutions is Inform EAM, an enterprise asset management solution system. Infor EAM is monitoring and managing the deployment, performance, and maintenance of company assets,...

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The boom in food prices could last longer

The report, published by Bidwells Agribusiness, said it is impossible to know yet whether the agricultural market was facing a structural or a cyclical change. Instead of focusing on the...

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Instore TV- Right message on the right palace

In the US there are more than 130,000 locations with over 500,000 digital screens. Broadcasters said these digital networks offer advertisers access to consumers at the point of purchase, measurability...

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HUF 400 Millions Investment at Chio Hungary

The company developes its plant in Gyor with new furnace, kneader mashine and keeps on reconstruction of packiging mashines.  In part of the total HUF 418 Millions developing plan some...

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Kellogg bought Russian’s biggest breakfast cereal maker

United Bakers’ products, marketed primarily under the Yantar and Lyubyatovo brands, are very popular, and the company said it had a market share of 90 percent. The deal gives Kellogg...

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Douglas Holding net gains 16%

Europe biggest perfumery chain last year sold 1.1 billion euros.  Douglas Holding AG said its full fiscal-year net profit rose to 88.1 mln eur after the company sold its Rene...

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First 5 stars hotel open in Debrecen in March

Besides the standard rooms, few luxury rooms and apartements wait the hotel's guests. The hotel, located in Nagyerdo (Big Forest) of Debrecen has a 800 sqm big wellness division, swimmbath,...

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Danone Eyeing Stake in Keventer's Milk Unit

The French company is seeking a majority stake in the Indian the unit, which has a capacity of three million liters a day.  But the Indian company – which is...

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$1.2B investment in food industry

Blackstone Group and Wellspring Capital Management to pay $34.5 per share of Performance Food. Performance Food said it will be combined with Vistar Corp., a foodservice distributor that Blackstone and...

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Nestle repeats medium term sales growth goal 5-6%

Swiss food group Nestle reiterated a longstanding medium-term goal of 5 to 6 percent annual growth in organic sales.  The world's largest foodmaker also repeated its target of steady annual...

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China's Retail Sales Of Consumer Goods Up 17%

China's retail sales of consumer goods rose 17% to US$1.2 trillion in 2007 from a year ago, compared to a 13.7% increase in 2006.  Meanwhile, official data revealed that prices...

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InBev's financial service center in Hungary

The company got HUF 760 million subsidy from the Ministry of Hungrian Transport and Economy.  InBev said in 2006 to decrease company's employes in West-Europe, to relocate the financial, trading...

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Weak dollar hits Delhaize Group revenue

Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one.  Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...

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Carlsberg's share fell from the mountain

Investors think at 800 pence, the S&N transaction would be to much. Carlsberg A/S, the Danish brewer jointly bidding for Scottish & Newcastle Plc, fell to a 13-month low in...

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Drink Tchibo Coffe – thinking about saving money – special offer in Austria

Erste Bank's „Sparefroh” bundles available at some 60 Tchibo/Eduscho locations in eastern Austria. Erste Bank is forging new paths in the marketing of financial products in Austria. From 11 January...

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Plastic Bag stop in Poland

The Biedronka supermarket chain has announced that it is stopping the usage of plastic bags, and plans to eliminate them from its stores before end-2008. The Polish Environment Ministry approved...

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Carrefour Express is year to year faster in Poland

Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....

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