News and articles

METRO Group: New competencies within Management Board

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

Carrefour to buy Indonesian retailer share

The world's second-largest retailer ,agreed to buy a 75 percent stake in Indonesian group Alfa Retailindo ALFA.JK for 49.3 million euros.  The takeover comes as Carrefour continues its strategy to...

Read more

High raw material prieces got not negative impact on Lindt result

The Swiss company increased its sales the full year revenue for 2007 will hit €1.8bn, a 14 per cent increase from the year before. ong sales of premium and dark...

Read more

Winter Fruit Festival at Europark

The exhibition between 28 January – 10 February shows gigantic sculptures from fruits.  The visitors can see the small Taj Mahal, imagened in fruit or a giant tea pot. After...

Read more

Retail sales decreased 4.2% in November 2007

Two prozent less food and 2-2.4% sales fall in hypers and other food stores.  The retail sales has been falling since the beginning of the year 2007. The volume of...

Read more

Dráva Hotel Thermal Resort to open in spring

After reconstruction work the new 4-stars hotel is expected to open in April in Harkány, near by the famous bath. The hotel in south Hungary, close to Pécs has 89...

Read more

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,...

Read more

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...

Read more

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...

Read more

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...

Read more

Tchibo Planning To Sell Stores in UK

The German group has put 33 of its UK stores on the market, as it seeks to scale back its portfolio of smaller shops.  The 73-strong chain sells coffee alongside...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more
Oldal