News and articles

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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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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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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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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Aldi to open in February

According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings.  It is unkonwn how many stores...

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dm to start in Bulgaria 2009

The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...

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Top-100 Hungarian Companies are Less Optimistic

The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008.  Hungarian companies are looking to the future with a degree of apprehension, according to the stats....

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Fausto's is the best Restaurant in Hungary

The bilingual Dining Guide magazin organis competition between restaurants since 2005. The jurey, 28 international known specialists tested the restaurant personly, from the last year best 10 only three could...

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A Helping Hand for SMEs for free

The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days.  The Hungarian Chamber of Commerce & Industry takes part in the program, wich...

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Mondi to develope in Poland

International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...

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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt

The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers.  According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...

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Sodexho Alliance renamed Sodexo

The evolution of the brand shows the grow and progress to become the premier global outsourcing expert.   France based contract caterer and facilities company Sodexho Alliance has been renamed...

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Tesco opened a new front in the ongoing supermarket price war

In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...

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Beer at higher level

The Beer Academy established by Borsodi Sörgyár Zrt. was opened on 17 December. This institution offers a training course which includes a general review of beer types, the proper tapping...

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Zwack awards for suppliers

Zwack Kecskeméti Pálinka Manufaktúra held a partner meeting for over 30 fruit producers on 14. December. Guests took a one and a half hour palinka tour....

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Answer:

The general perception of ice creams in Hungary is that they are not very healthy. However, according to research conducted by Algida in Hungary, ice cream consumption does not have...

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Coop united and strong

Last year, the Coop group succeeded in executing the major points of its medium term strategy accepted in 2006. The IT system was modernised, many new franchise partners joined the...

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Choosing gifts

Choosing gifts is not an easy task because we intend to make two people happy. We want to make ourselves happy by giving something we feel is special and we...

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Star chef in legal action

Zsolt Both, chef of Novotel, did not accept his new position within Accor, as the chef of Hotel Korona and took legal action to fight his transfer. However, this seems...

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Goose less popular

The Agricultural Business Research Institute (AKI) monitors the trends in the world markets of poultry and meat. Data from the Market and Price Information System KSH and AKI can be...

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Bonbonetti Moments

The Bonbonetti Moments milk chocolate mixed dessert will also be available in a dark chocolate version from February....

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Cherry Queen

Cherry Queen – our common passion. Agency: Team/Mindshare Customer: Bonbonetti Choco Kft. Product: Cherry Queen Apperance: RTL Klub, Viasat3, Cool, Film+, AXN, Hallmark, Story TV Period: February–April 2008 tv-spot 30”,...

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