News and articles
HUF 10 million penalty for Drogerie Markt
Date: 2007-07-10 00:00:00
Two of DM campagne could deceive customer said GVH, Hungarian Competition Authority. After Rossmann's stickler the German-owned drugstore chain Drogerie Markt have to play fine, because of its „Quality for...
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A coloring could cause cancer
Date: 2007-07-10 00:00:00
A food additive found in some sausages and burgers could trigger cancer, food safety specialists have warned. The European Food Safety Authority (EFSA) panel on food additives and flavourings...
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Eckes-Granini acquires Brämhults
Date: 2007-07-10 00:00:00
German-based fruit beverages company Eckes-Granini Group has acquired the Swedish premium fruit juice producer Brämhults Juice AB from from Mellby Gård Industri AB. The deal, which was completed on 1...
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The world of Smirnoff to the palm of the consumer trough mobilephone
Date: 2007-07-10 00:00:00
Drinks giant Diageo has launched an innovative mobile internet marketing initiative for the Smirnoff brand in the UK. Through the pioneering mobile service, which is available via the mobile...
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Instead marmale honey is comming
Date: 2007-07-09 00:00:00
Sales of honey rose 14 per cent between 2004 and 2006 while marmalade sales dropped 10 per cent, according to a new study in the UK. The report by Mintel...
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Invest in automation
Date: 2007-07-09 00:00:00
Suppliers and manufacturers alike should investigate and invest in automation production lines, according to a new report. The study was carried out by the University of Lincoln in association with...
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Finland-based Fazer Group has taken a majority stake in Russian bakery OAO Volzhky Pekar
Date: 2007-07-09 00:00:00
The company hopes the purchase will double the bakery's turnover in five years. Fazer Russia is currently making a large investment at the Volzhky Pekar's bakery in Moscow, with the aim...
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First Iberalta Hotel to build in Budapest
Date: 2007-07-09 00:00:00
The company's first investment, in value HUF 75 billion, will be a hotel in 8th district of the Hungarian Capital. The Iberalta –Group International tourism & hotel advicers corporation through...
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Winter invasion, for the second time
Date: 2007-07-09 00:00:00
Conducted for the first time last year under the name Budapest Winter Invasion (BWI), the campaign, which attracted a unique pool of 70 participating service providers, generated 25,000 extra guest...
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New Hungarian real estate tax to come in 2009, not 2008
Date: 2007-07-09 00:00:00
Hungary will introduce the new real estate tax, which will combine four property-related local taxes and one central tax, from 2009, Minister of Economic Affairs, János Kóka said. Earlier this...
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PepsiCo offer for Danone
Date: 2007-07-09 00:00:00
Last summer, there was constant speculation that the US company was preparing a bid for Danone, french politicians were disgusted. Pepsico Inc is mulling a takeover for Groupe Danone, French...
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Rexam to buy Russian beverage can maker
Date: 2007-07-09 00:00:00
As part of its bid to expand operations into emerging markets Rexam said it has agreed to buy a Russian beverage can maker for €218m. Rexam, the world's leading beverage...
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Atrium Center Satu Mare, Romania
Date: 2007-07-06 00:00:00
The British Dawnay, Day has recently acquired 2.7 hectares of land in Satu Mare in order to build a shopping centre. The investment will amount to approximately €61 million according...
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Most of city restaurants diped
Date: 2007-07-06 00:00:00
In Ten of 12 restaurants the inspectors disclosed grave defects. The workmates of Consumer Protection Agency found food beyond garantee, meat without correct labels and runnig up of prices. The...
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Trade marked Hungarian Poultry at Spar supermarkets
Date: 2007-07-06 00:00:00
Because of higher feeding cost, the prices of poultry and poultry products growth wit 6-8 % in autum. The Hungarian Poultry Product Board and Spar signed an agreement, that the...
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White list for meat processing workers
Date: 2007-07-06 00:00:00
Clitraviand and EFFAT suggest to build out an Independent certifacte organisation for workers in european meat processing industry. The white list would help the mobility of workers inside of european...
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New VAT at 2010
Date: 2007-07-06 00:00:00
The European Commission is calling for simplification and rationalisation of value added tax (VAT) within the EU. Tax commissioner Laszlo Kovacs said a new framework for reduced rates is...
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Nestle opens milk powder factory in China
Date: 2007-07-06 00:00:00
Swiss food giant Nestle said it formally opened a milk powder factory in Erguna, in China's Inner Mongolia region.The company said the plant, Nestle's 21st in China, was in an...
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1.1 million international and 1.3 million domestic guest
Date: 2007-07-06 00:00:00
The public accommodation establishments registered by 3 percent more tourism nights in comparison with the data of the same period of the previous year. The gross income of public accommodation...
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Flaming row about wine in EU
Date: 2007-07-05 00:00:00
The European Union head office proposed a drastic overhaul of the continent's wine sector to face up to increasing competition from abroad and eliminate a huge surplus of unmarketable produce....
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Nestle completes takeover in France and Spain
Date: 2007-07-05 00:00:00
The world's biggest food and beverage company Nestle won conditional approval from the European Union to buy the nutrition business of pharmaceutical giant Novartis. The European Commission said the...
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Grain production to increase
Date: 2007-07-05 00:00:00
The rapid growth of the world's biofuel industry is likely to keep farm commodity prices at high levels in the next decade as it will boost demand for grains, oilseeds...
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Chinese quality supervisors have a lot of work
Date: 2007-07-05 00:00:00
China said one-fifth of its consumer products don't meet government safety and quality standards. China, the world's biggest exporter of consumer products, faces pressure to improve safety standards as its...
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Only the owner will change for Hungarian Biscuits plants
Date: 2007-07-05 00:00:00
The French food company announced that it has entered exclusive talks to sell its biscuit division to Kraft in a transaction valued at $7.2 billion. This move will allow Kraft...
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Permira Group sell Takko
Date: 2007-07-05 00:00:00
German clothes retail chain Takko expands in Romania, Bulgaria and Poland. The american Advent International will pay €770 million for Takko and plans to open 150 new stores under this...
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Blackstone pays $26 billion for Hilton Hotels
Date: 2007-07-05 00:00:00
The US investment firm Blackstone Group LP agreed to buy the world biggest hotel chain with nearly 2,800 hotels in 76 countries. Hilton, was founded in 1919, is one of...
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In place of marketing engagement it must be attested
Date: 2007-07-05 00:00:00
The actions of funcional foods must be certifed by clinical searches. From 1 of July 2007 takes in effect the new EU legistation on health and nutrition claims on food....
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Renewing 4-star hotel in Harkány
Date: 2007-07-04 00:00:00
The Hotel Dráva Thermal Resort is scheduled to open in Harkány in November. The hotel, being built with the upgrading of an existing hotel, is located next to the thermal...
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Unified property tax from 2008, major tax reform starts in 2009
Date: 2007-07-04 00:00:00
Hungary will implement some simpler modifications to its tax regime as of January 2008 and major adjustments to the system that require wide-scale preparations are to enter into force as...
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Hungarian fmcg's quilification – average
Date: 2007-07-04 00:00:00
International Service Chek – a mystery shopping company- made a survey in 7 CEE country + Russia about retail services. 60 cities, 61 retail chain, 160 test shops – from...
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