News and articles

Tap water contra mineral water

Pepsi's Aquafina and beverage industry leader Coca-Cola's Dasani are both made by purifying water that comes from public reservoirs.  PepsiCo Incorporated has decided to be transparent about the fact that...

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Profit growth and reorganisation at Danone

Danone said net profit came to 656 million euros in the six months through June. First-half revenue rose 9.2 percent to 7.5 billion euros. Danone is selling its core biscuits...

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Weather and climate effects influence the price of agricultural products

Finance Ministry will raise its previous forecast in September. Finance Minister János Veres said market competition, trading channels and the impact of free trade in the EU (which helps even...

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No timetable for selling Cadbury's american beverage unit

Cadbury Schweppes has extended the timetable for taking bids for its U.S. beverage unit because of market volatility.  The division includes 7-Up, Dr Pepper and Snapple soft drinks. Wall Street...

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Hotel Corvus Aqua in Gyoparosfurdo opens in August

The four stars hotel has 6 single and 22 doubled room and 8 apartments, the airconditoned rooms have a wonderful outlook on Lake Gyoparos. The hotel has a covered connection...

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Coca-Cola is still the most valuable brand

On the second place is the Microsoft with 3% growth, IBM is the third, with 2% increase on the top Global Brands. The annual BusinessWeek-Interbrand brand survey 'The 100 Top...

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Bunge to bring some production to Hungary

Bunge Limited, a leading global agribusiness and food company, has decided to close its plant in Oradea, Romania due to high costs and move some of the plant's capacity's to...

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UK man charged with Tesco bomb threats

Europe's second biggest retail chain was several times blackmailed, but never payed. A 51-year-old man had been charged with making bomb threats against Tesco supermarkets which forced Britain's biggest retailer...

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Less food safety problems with hungarian products

After overall control in June the Hungarian Food Safety Office phased 125 products out of circulation. First of all the products bought  in the summer (beer, eiscream, soft drinks) would...

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Marketplace control, the biggest problem is the date of expiry

The Consumer Protection Agency checked last Saturday 120 stores on hungarian market places. 89 were put in the wrong, the penalty sum is HUF 12 million.  Products in value HUF...

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Politicians against unfair entrepreneurs

Karoly Herenyi, floor leader of MDF ask the leader of Consumer Protection Agency to publish the Agency's black list. A short time ago, MDF asks the Agency to make a...

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Plaza building fiber in Romania

With 2 million square metres of retail space available until 2010 – four times more than the current level, the domestic market is attracting more and more European clothing and...

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Samcap: Hungarian innovation at drinkpackaging

Samcamp is a special storage container, wich offers a solution: to storage separately certain components of an otherwise unstabile mixture. The innovation made by Janos Samu and Maria Palfi-Ledniczky opens...

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The whole grain and high fibre food market will reach €15bn by 2010

According to a new report by Global Industry Analysts the baked whole-grain snacks market has the most potential for growth, the report said, and sales of foods such as oven...

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Hungary jobless rate moderates further to 7.0%

Hungary's rate of unemployment dropped further to 7.0% year on year in the April-June period, from 7.3% in the previous three-month period and 7.5% in Feb-Apr, the Central Statistics Office...

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One million holiday check

On more than 8000 place, 17 services can be used by holiday checks. The enterprises bought checks in HUF 20billion value.  Yesterday Peter Kiss, Minister of Prime Minister's Office and...

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Hungarian like beer – retail sales growth

The can beer is more popular as the beer in bottle although it is more expensive – according to Nielsen's datas.  The sales value at can beers increased with 5%,...

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Plaza Centers would invest 115 million euros in a commercial center in Romania

The Israeli real estate company bought a 70,000 sm retail-office complex in Iasi.  The new commercial center will have 54,000 square meters of retail space, additional office space, in a...

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Calculable, composed growth at Zwack

The nett income increased with 3.6% on yr/yr, operating surplus growth with 3.8%, after tax profit with 3%.  The export income increased 10%, it was a big goal for managment....

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Less implugnable food products

Thanks for aligned food safety controls day after day decreased the number of unhealty raw material and food industry products. So the penalty is decreasing. From 90 slaughter house in...

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No more frosen meat

The EU rules are available in Hungary from 1 of August.  According a new food safety decree: retailer can't frozen the meat and it's prohibited to make meatproducts from frozen...

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Dangerous import vegetables in Germany

With plant-protection material tainted pepper from Turkey and Spain were found in Germany. The 2/3 of the turkish pepper and 1/3 of spanish pepper contained dangerous material. In winter the...

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Dollar billions for healty products at PepsiCo

Pepsico may spend $5 million to $2 billion to buy products that would help its offerings more closely mirror the 'food pyramid' created by the US agriculture department. PepsiCo is...

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