News and articles

Renovation in Rogner is finished

After one year renovating works the rooms are refurnished, there are new service places and a clima center. According to plans, on 3 of August, the renovation of 232 were...

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Cake of Hungary at six Szamos Marcipan confectionery

The Floating Island Cake's recipe was made by Association of Hungarian Confectioners, at the suit of the Hungarian Prime Minister's Office.The birthday cake of Hungary is a fancy cake, a...

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HUF 87.5 billion general government deficit in August

The ministry left its estimation for the entire year 2007 unchanged at HUF 1,529 billion, or 6.0% of GDP (cash-based figure without local municipality budgets). As expected, Hungary had HUF...

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Mueller-Milch and Coca-Cola Israel Group made joint venture in Romania and Bulgaria

The German family-owned dairy group's product will distribute by Coca-Cola Israel in Bulgaria and Romania.  Coca-Cola Israel currently distributes brands such as Tuborg, Carlsberg, Orangina and Granini in both markets, the news...

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Sara Lee Corp. reported 32% operating income

The Chicago based company announced net sales for fiscal 2007, ending June 30, 2007, were $12.3 billion, an increase of 7.1 percent. Net sales grew in all six business segments,...

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Tetra Pak aims 10 per cent cut in CO2 emissions by 2010

The company, holds 80% share of the carton market, said it had reduced its CO2 output to 373,000 tonnes in 2006 from 390,000 tonnes in 2005.  The group added that...

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H.J. Heinz Co. introduced about 100 new products in the past 12 months

The company plans to add 200 items in the year through April. The company spent 25 percent more on marketing to promote healthier products in the U.S. and U.K  but...

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Despite high raw material prices, the margin on operating profit rose

Nestle, the world's largest food company by sales said half-year net profit rose by 18% to CHF4.92 billion from CHF4.16 billion in the year-ago period, beating analyst expectations of around...

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No decrease in inflation rate in July

The consumer price-level hasn't changed since June, it's 8.4% higher as one year ago – said KSH yesterday.  The inflation for retirees was 11.4% higher on yr/yr basis, but 0.1%...

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Poisoning chineese toothpaste was found in the USA

Gilchrist & Soames was recalling toothpaste made in China — that it had distributed to hotels in more than a dozen countries. Independent tests showed some samples contained diethylene glycol,...

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Mastercard is popular in Europe

The credit card company worldwide purchase volume rose 14.3%, on US dollar basis in the second quoter 2007.  As of June 30, 2007, the company's consumers had issued 164 million...

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E.Coli Outbreak in Scotland

One person died, and two others were hospitalized. A new case of e.coli was confirmed in Ireland, where a woman was hospitalized.   William Morrison Supermarkets Plc, the U.K. food...

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Newest control wave at Lake-Balaton

Not only the invoices will be checked, but the employment method will be controlled too.  This week the supervisors of the Hungarian Tax and Financial Control Administration are operating together...

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Frappé recall is not neccessery in Hungary

According to importer Store Ltd., there wasn't any dioxin tainted Jede product in the hungarian shops, so there will be not a recall.  Jede Ab, owned by Neste Sweden said...

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Tax free weekend kicks off in Massachusetts

Stores opened early and shoppers filed in looking to save a few bucks as state retailers celebrated a sales tax holiday for the fourth straight year.  The holiday means shoppers...

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The global market for premium beer is set for further strong growth

According to forecasts in the report Global market review of premium beer – forecasts to 2013, the global premium beer market will reach 655m hls in 2013, representing an increase...

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Pepsico may aquire Russian juice firm

Pepsico has agreed to buy top Russian juice maker Lebedyansky for $1.5 billion to $2 billion according to reports today.  It was reported the deal would take place before the...

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IFE Foodapest – trade fair of innovation

IFE Foodapest combines two great trade fairs, Foodapest and IFE Hungary in to one focussed annual exhibition on 20-22 November 2007. We celebrate the birth of a new exhibiton in...

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A new Diet Coke with vitamins on the european market

Diet Coke has unveiled a $13.7m marketing campaign to back the launch of Diet Coke Plus ahead of the brand's launch in Europe. The campaign, the first for the Coca-Cola...

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There isn't dioxin tainted food in hungarian stores

After seriously labour control there wasn't finding any unhealty guar-gum aggregate – said Lajos Bognar – deputhy chef vet. Until this time 47 product sample were checked for PCP, which...

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