News and articles
First 5 stars hotel open in Debrecen in March
Date: 2008-01-21 00:00:00
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
Date: 2008-01-21 00:00:00
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
Date: 2008-01-21 00:00:00
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%
Date: 2008-01-21 00:00:00
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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Gerbaud corner, healthy, new bread at UKBA
Date: 2008-01-18 00:00:00
15th International Trade Fair for Confectionery, Bakery and Gastronomy on 3-5 February 2008 at HUNGEXPO Budapest Fair Center. The nearly 12000 visitors proved that the trade is open for novelties,...
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Metro sold the Extra Retail Chain in Germany
Date: 2008-01-18 00:00:00
From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops. The sale of Extra enables Metro to concentrate its food retailing operations solely on...
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Toblerone 100 years succes
Date: 2008-01-18 00:00:00
An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand. Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...
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Weak dollar hits Delhaize Group revenue
Date: 2008-01-18 00:00:00
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
Date: 2008-01-18 00:00:00
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
Date: 2008-01-18 00:00:00
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
Date: 2008-01-18 00:00:00
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
Date: 2008-01-18 00:00:00
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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21th OBI store opens in Sopron
Date: 2008-01-17 00:00:00
The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions, the offer is wide, more than 10,000 products assortment are on the shelves....
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The number of guest nights rose in the country side and fall in the capital
Date: 2008-01-17 00:00:00
According to Central Statistics Office in 2007 the occupancy rate of hotel rooms was 58 percent. The gross room revenue of hotels increased by 2 percent at current prices compared...
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Tesco to ban Uzbek cotton in response to child labour abuses
Date: 2008-01-17 00:00:00
Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes. The Environmental Justice Foundation...
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Rounding errors at 1-2 forint coins withdrawal
Date: 2008-01-17 00:00:00
Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...
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New HR director at SIO-ECKES Ltd.
Date: 2008-01-17 00:00:00
Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...
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Real wages decreased by 4.7%
Date: 2008-01-17 00:00:00
Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year. 2 million 765 thousand persons were...
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Marketing director joined to TV2 management
Date: 2008-01-17 00:00:00
Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...
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From Januar all local business tax breaks and exemptions eliminated
Date: 2008-01-17 00:00:00
In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications. Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...
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Only one week to 5th Wine tourism Summit
Date: 2008-01-17 00:00:00
The visitors of the event on 24th January meet leader of 30-40 Hungarian winery in the House of Hungarian Wines. It is the 5th opportunity for wineries, wine houses and...
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Heineken Acquires Brewery in Nord Africa
Date: 2008-01-16 00:00:00
The current growth of the Algerian beer market is approximately 10% per year, per capita consumption is 3.2 litres. Heineken acquires Tango sarl from the Group Mehri. The company employs...
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Gherkins cured with mouse
Date: 2008-01-16 00:00:00
The Slovene Mercator retail chain has to recall jars of pickled gherkins made by Hungarian Parmen Ltd., because a jar containing mouse remains. Mercator started preparing the documentation for the...
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The Superbrands are more known and attractive as other brands
Date: 2008-01-16 00:00:00
The Brand Potential Index is high at meat and healthy products, but also at community portals. The Superbrands Hungary ask GfK Hungaria to research the brand knowing and the attitude...
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Four Seasons Hotel Palace Budapest is 15. Best hotel in the world
Date: 2008-01-16 00:00:00
The Travel and Leisure magazine measured the hotels by quality of services and foods, the location and the equipment. Asian hotels have consistently received high marks, but this year, for...
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More than 700 restaurants, cafes at “Gluttonous Thursday” promotion
Date: 2008-01-16 00:00:00
Even confectioneries and InterCity railways dinning cars joined to the action. One week before the deadline 720 restaurants signed up to the promotion of Hungarian Tourist Board. This year Metro...
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Five years – 30 billion pounds turnover increase at Tesco
Date: 2008-01-16 00:00:00
According to a research by IGD the store numbers of the company will double up 2012. IGD's Trading With Tesco report predicts that the retailer will be boosted by store...
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