News and articles
Spring time opens the M1 Outlet & Shopping Center
Date: 2008-01-30 00:00:00
The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...
Read more
HUF 45 million food was donated in Spar stores
Date: 2008-01-30 00:00:00
Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone. Last in the Christmas action 130...
Read more
EU pressures general labeling
Date: 2008-01-30 00:00:00
Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce. The European Union's...
Read more
Tommy Hilfiger halts flotation
Date: 2008-01-29 00:00:00
The move could also prompt a rethink at other high-profile fashion brands, such as Prada and Salvatore Ferragamo in Milan. Hilfiger, viewed as an all-American lifestyle brand and famous for...
Read more
Food companies must to go greener
Date: 2008-01-29 00:00:00
At least 30% of shoppers look for environmentally friendly products and packages in the US. Fearing retribution from environmentalists that could taint their brands, Kraft and Sara Lee are among...
Read more
New CEO at LLP Budapest
Date: 2008-01-29 00:00:00
Zsolt Ambrus works from 1 March, he was the former division leader of Microsoft Dynamics Hungary. The specialist worked for Oracle, than in 2003 he joined to Microsoft Hungary, first...
Read more
Tesco to Open `Express' Convenience Stores in China
Date: 2008-01-29 00:00:00
Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China. Tesco, Britain’s...
Read more
Silver for Kempinski Hotel Corvinus Budapest from Germany
Date: 2008-01-29 00:00:00
According to German readers of Business Traveller the second best hotel in Europe is the Kempinski Hotel Corvinus Budapest. Since 1995 the hotel got several awards, year to year the...
Read more
Carlsberg will sell words most expensive bottle of beer for $400
Date: 2008-01-29 00:00:00
The Vintage No. 1. is an exclusive beer where there will only be 600 bottles for 2008 Danish kroner in three exclusive restaurant in Coppenhagen. Apparently the 10.5 percent proof...
Read more
Brau Union to buy minority investors' shares
Date: 2008-01-29 00:00:00
According to its option Brau Union AG buys out the rest 0.36% share of the company. Heinken offers only HUF 8,887 per share, paying until 15 Februar trough Raiffeisen Bank,...
Read more
Carrefour posted the biggest year-on-year sales increase in 2007 in Romania
Date: 2008-01-29 00:00:00
The French group reported 866m-euro sales last year, up 54.5% from 2006. Carrefour turnover evolution in Romania comes as a result of the expansion of the hypermarket network in 2007...
Read more
Last Sardine Plant in Norway to Close Down
Date: 2008-01-29 00:00:00
A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production. The plant produces more than seven million tins of sardines a year and more...
Read more
Tea pyramid from Russia
Date: 2008-01-28 00:00:00
Food giant Unilever has started the production of Lipton tea in pyramid packs at its St. Petersburg 'Tea Packing Factory'. According to company's satement to produce pyramid packs, a...
Read more
Sephora To Open In-Store Cosmetics Shops ít M&S in UK
Date: 2008-01-28 00:00:00
The possible joint venture would be based on a model employed by Sephora in the US, where it has shop-in-shops with JC Penney. Marks & Spencer is in provisional talks...
Read more
Recommended Cash Offer for Scottish & Newcastle plc
Date: 2008-01-28 00:00:00
The boards of Scottish & Newcastle plc have reached agreement with a newly incorporated company jointly owned by Carlsberg A/S and Heineken N.V. Under the terms of the Offer,...
Read more
Danubius Hotels to plan only operation in Marcali Hotel
Date: 2008-01-28 00:00:00
Hungary's hotel operator Danubius Hotel Nyrt. has announced it has sold its ent56.7% stake in Marcali Hotel Kft.. Marcali Hotel Kft. is planning the building of a spa hotel in...
Read more
Cartelism at plastic packiging plants
Date: 2008-01-28 00:00:00
The Hungarian Competition Authority spys by Linpac Plastic Hungária, Propack and Petruzalek Ltd., one Slovakian and an Austrian company is involved too. Accoriding to Hungarian Competition Authority the within named...
Read more
Electornic nose against stinky meat
Date: 2008-01-28 00:00:00
The SensorFresh takes 2000 readings in under a minute and so analyze the air around the meat. The mashine is avalaible by internet. The sensor's built-in fan draws in the...
Read more
Sümegi and Sons Winery exports to China
Date: 2008-01-28 00:00:00
Companies agreed about wine processing and jointly sales in China. According to the agreement Keller Ltd. (Sumegi and Sons Winery) started the export last Q of 2008 , yearly more...
Read more
Coop- Franchise chain of 2007
Date: 2008-01-28 00:00:00
The Hungarian Franchise Association' award was given at a gala evening on Friday. The 11 years old Coop got the award of Franchise chain of the year 2007. The...
Read more
Kraft instant coffee plant to Open in March
Date: 2008-01-28 00:00:00
American food company invested $100 million into construction in Russia. The plant in Gorelovo will produce 5,000 tons of instant coffee a year. The new plant is located in close...
Read more
Coface, Islamic Corporation to Upgrade Trade Credit Coverage
Date: 2008-01-25 00:00:00
Coface, a major guarantor of trade credit, announced that it has reached a cooperation agreement with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The ICIEC...
Read more
METRO Group: New competencies within Management Board
Date: 2008-01-25 00:00:00
Frans Muller takes over as CEO of Metro Cash & Carry, the former director Thomas Hübner leaves for health reason. Frans Muller joined METRO Group in 1997 as Country Manager...
Read more
Dannon to mystify with 'Probiotic' Bacteria in the US
Date: 2008-01-25 00:00:00
The American unit of French group Danone mounting a massive false advertising campaign to convince consumers to pay more for yogurt containing “probiotic” bacteria because of the products' health benefits....
Read more
Coca-Cola Aims to Expand Tea, Looking at Acquisitions
Date: 2008-01-25 00:00:00
The company might buy or make an investment in Honest Beverages, a privately-held maker of Honest Tea. Tea is a priority area," Chief Executive Neville Isdell told Reuters on the...
Read more
Nestle to Sell Buitoni Pasta Plant in Italy
Date: 2008-01-25 00:00:00
The Swiss food giant would like the buyer to develop the plant and invest in advertising, but Nestlé would keep the brand ownership. Buitoni is Nestlé's authentic Italian brand, which...
Read more
Soon comes the first Quinlan hotel in Budapest
Date: 2008-01-25 00:00:00
The SCD Group's Irish development partner, Quinlan Private is planning to introduce its hotel brands in Hungary. The first Yasmin Hotel opened in Prague last year, while the newest unit...
Read more
Five years 22 McCafe
Date: 2008-01-25 00:00:00
The biggest market player of the Hungarian Caffee market plans dynamic growthing and not care for rivals. The first McCafé started in 2003 in Hungary, last five years 21 was...
Read more