News and articles

Marriott International manage the future Blaha Center Hotel in Budapest

The hotel is currently under construction, it is completed at the end of 2009.  Ablon Group Limited, leading real estate owner and developer in Central and Eastern Europe, has announced...

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Tesco 3Q sales rose more than 10%

The company has a 25.7 percent rise in international sales. The supermarket group, which runs over 3,200 stores across the world,  had 11.8 percent sales increase in the 3. Q....

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4 stars hotel near to Gellert

According to plans of Budapest local government, the 1 acre property behind the Hotel Gellert in Kemenes street, will sell this year. The price must be almost HUF 1,5 billion,...

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Tax stamps with bar code for drink in Hungary

In the future only 3 kinds of tax stamps will use in contrast the 42 from today. From next June-July supervisors of Hungarian Customs and Finance Guard use bar code...

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The big companies are more optimistic

Economic research firm Ecostat's business confidence index was 87,6% at SMEs and 100,5% at TOP 100 in November. At Hungary's one hundred largest companies, almost 25% of the managers reported...

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Kraft Completes Acquisition of Groupe Danone's Global Biscuit Business

The acquisition includes biscuit operations and assets in more than 20 countries, including 32 manufacturing facilities. Kraft said that the addition of Danone's biscuit business will transform the company's international...

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16,000 kilos poisoned pear from Italy

Specialist measured twice more fungicide as much the authorized maximum. Until the problem was disclosed more than 13,000 kilos were sold. Authority said pears are not danger for people, for...

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EU Tenders for Developing Hungarian Logistic Centers and Services

From the HUF 11,3 billion 25-35 project could be financed.   In a frame of tenders 30% of building cost of a regional and 50% of building cost of an...

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British traders are on call

Shoplifters will steal more than £431 million worth of goods during the build-up to Christmas in England. On the busiest shopping day of the year, on Saturday, December 22, retailers...

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Campona to buy for €110 mln

The shopping center was opened 8 years ago, its occupancy level is over 97%. Basic tenats are C&A, H&M, Electro World, Hervis.  ING Real Estate has today announced the €110...

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Food prices continue to rise

Experts agree that the prize increase of maize and rice will be on a higher rate than this year. The latest report by the United Nations' Food and Agriculture Organization...

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HUF 100 million packaging developing at Hungerit

The warranty period growth to 18-21 days. The new developed packaging system use the technology of Sealed Air Cryovac. The Multiivac Darfresh packs one ton per hours. The DARFRESH® packaging...

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Sio steps on the Energy drink market

From 1. January 2008 Sio-Eckes is the local distributor of Bomba! Energy drink in Hungary. Next year Sio will offer four soft-drink brands, the Sio and hohesC fruit drinks, the...

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Slow growth, stubbornly high inflation

Hungary's internal and external balances are expected to improve on expectations this year. According to the latest report by think-tank GKI and Erste bank published the government deficit to shrink...

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New Christmas Credit Offer by Tesco

Tesco branded electronic goods are sold for 12 months credit, without any interest.  The retail chain starts this christmas season with a new bank contact. Hungarian Cetelem Bank offers six...

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Consumers like own-brand goods

Almost three quarters of consumers have a positive perception of supermarket own-brand goods, a new study has found in England.  Supermarket supplier Catalus questioned over 500 consumers on how they...

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Tesco US in top ten supermarkets by 2015

British grocer Tesco Plc could sales $10 billion with its Fresh & Easy n the United States by 2015, TNS Retail Forward said  "There is demand for this type of...

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6th renewed store of METRO was open in Nyiregyhaza

In the next years all METRO stores will be renovated. The METRO Cas&Carry Nyiregyhaza opened in November. In the store the retail spaces are bigger as before and the supply...

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Test lab in the future's restaurant

Cameras monitor every reaction of the customers.  In the new research center, devoted to exploring a both simple and complicated question: What makes people eat and drink the way they...

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Ten Commandments in the American Catering Trade

Some restaurants from Los-Angeles collected a list about how to be gastfriendly, they hope other restaurants all over the world follow them. The regulations said for example, that every guest...

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10 tons food was found in the re-labeling plant

In the Sparkle-action the supervisors pounced in a food depot in Budapest. In the illegal food depot relabeled and new dated foods: meat, sweets, eggs and softdrinks were found. The...

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