News and articles
Ten largest retailers raise 2008 sales by 8%
Date: 2009-01-30 04:53:16
The ten largest retail chains in Czech Republic raised sales by Kc23.2bn year-on-year to a record Kc312.2bn in 2008, according to preliminary results released by analytical company Incoma Research and...
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X5 Retail group merge Kopeika?
Date: 2009-01-30 04:44:33
After a dynamic developing in the country X5 would buy its biggest competitor. According to reports in the Russian media, X5 Retail Group has been negotiating with Kopeika about a...
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Starbucks to close another 300 stores
Date: 2009-01-30 04:15:33
Starbucks, will cut 6,700 jobs and close 300 more stores after reporting first-quarter profit that fell more than analysts estimated. Last quater company had only USD 64.3 million nettó sales,...
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Standard Vodka exists Russia
Date: 2009-01-30 03:59:52
The company will introduce the Russian Standard brand in countries such as Canada, and expects this to help boost sales by 30-50% this year. It plans to invest $100m this...
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The Hungarian Poultry Product Board takes legal action
Date: 2009-01-29 05:55:00
Last week at Grüne Woche exhibiton in Berlin Hungarian goverment made efforts to promote the Hungary's position on goose liver producers. Also Four Claws, Austrian animal rights activists protest agains...
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ÉFOSZ is bitterly against vat increasing
Date: 2009-01-29 05:40:00
The Federation of Hungarian Food Industries (EFOSZ) is opposed to 5% vat increase for stabilize the Hungarian economy and the budget. The federation said today the Hungarian vat is higher...
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Professional training near to the market's request
Date: 2009-01-29 05:35:00
The ministry of work developes a new education program for professional training together with represents of the employers. Last year more than 40,000 professinal trained people got unemployment benefit, lot...
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Active young men spent the most for Christmas
Date: 2009-01-29 05:25:00
According to on-line study of Szonda Ipsos research company, 24% of Hungarian save money during the year for Christmas shopping, 4% of the responders borrowed. 20% of the responders spent...
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Deko-Food closes its bean processor unit
Date: 2009-01-29 05:00:00
The company fires 40 people, first of all semi-skilled laborer, but also some administrative employees lost their jobs. The bean processing unit worked since 3 years with loss, and last...
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Restaurants can join to “Gluttonous Thursday” action till 24th February
Date: 2009-01-29 04:00:00
Up to the present more than 1,000 restaurant link on to the action, announced by the Hungarian turism organisation. Restaurants can register till 12.00 am 24th February on the www.menjunkenni.hu...
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Sponsor of the Year award to Le Meridien Budapest
Date: 2009-01-29 03:00:00
The Starwood Hotels chain and the Le Meridien Budapest have been very active in organizing charity events. Robert Burns International Foundation voted the Sponsor of the Year trophy to Starwood...
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Excellent accomplishment at Profi Romania
Date: 2009-01-29 01:06:00
Delhaize Group-owned Romanian retailer Profi has reported a 50% increase on the year to EUR142 million above the target growth of between 30-35%. The company sees its turnover growing by...
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Asda to create 7,000 jobs in UK
Date: 2009-01-29 01:00:00
Wal-Mart-owned company plans to create 54,000 square metres of new store space in 2009. The supermarket will create 3,700 new jobs with the opening of nine new food stores, five...
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UK initiative for reducing houshold food waste
Date: 2009-01-29 00:00:00
The UK’s top grocery retailers, brands and manufacturers have committed to an industry-wide food waste reduction objective for the first time. The WRAP’s (Waste & Resources Action Programme) Love Food...
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NürnbergMesse sets ambitious growth targets
Date: 2009-01-28 00:00:00
Reconstruction works start in a few weeks, a completely new entrance, service and congress area is to be built by autumn 2010. NürnbergMesse will invest a total of more than...
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Coca-Cola puts money on being greener
Date: 2009-01-28 00:00:00
The company made a foundation, the money will be used to support a proposed Packaging Innovation and Sustainability Centre at Michigan State University (MSU). Coca-Cola has provided $400,000 to the...
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Henkel contributes to protecting the rain forests
Date: 2009-01-28 00:00:00
In order to promote and establish the Book & Claim system for palm kernel oil, Henkel has, as the first company in the world, now purchased such palm kernel oil...
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Hungarian Trade Association is a lobbyist also for costumers
Date: 2009-01-28 00:00:00
The organisation protest against some new rules and turn down the unfounded accusation, that the suppliers are in bad economic situation because of the retailers. Hungarian Trade Association forecasts...
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Coface downgraded the financial ratings of 22 countrie
Date: 2009-01-28 00:00:00
In the year 2008 shortfalls in payment increased dramatically and will continue to do so. In total, shortfalls in payment between companies increased by 47% worldwide. According to Coface, the...
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Don Pepe focus on growing efficiency
Date: 2009-01-28 00:00:00
Company launched a new trainingsystem for it employees. The aim is to make the sales more operative and the consumers more pleased. Don Pepe has more than 30 restaurants all...
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Decreasing beer consumption in UK
Date: 2009-01-28 00:00:00
First the smoking ban, than the financial crisis and an 18 per cent rise in duty on beer last year, these kayoed the British catering trade. Beer sales in pubs...
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Penta fuses Hungarian interesets
Date: 2009-01-28 00:00:00
From 1th July the three meat processor plants, Debreceni Hús, Szole-Meat and Csaba-Hús merge into Budapest based Debreceni Group. The new founded Debreceni Group belongs to Carnibona Holding, the ownership...
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EVENT EXPO – all for and about the professional represantation
Date: 2009-01-28 00:00:00
The biggest event show in Central and Eastern Europe, arrives in Budapest. Event Expo Hungary, 20th-21st February 2009, Papp László Budapest Sportaréna. Event Expo Hungary has more than 100 exhibitors,...
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No sign of contaminated American peanut butter in Hungary
Date: 2009-01-28 00:00:00
Salmonella-contaminated American peanut butter has not entered circulation in Hungary, Hungary's food safety authority (MEBIH) said on Tuesday. Several European firms have distributed American peanut butter which is thought to...
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Nielsen stops PRISM Data System
Date: 2009-01-27 00:00:00
“Given the nation's serious economic state, Nielsen and its clients have decided this is not the right environment to launch a national syndicated service,” the company said in the statement....
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Fast hotel developings in South-Plain region
Date: 2009-01-27 00:00:00
In the same time five hotel reconstruction and new building happen in the region, the invesment value is over HUF 10 billion. In Szeged 3 hotel renovation is in process,...
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Sales in hypermarkets also decreased in November
Date: 2009-01-27 00:00:00
According to data of Hungarian Statistic Office, the volume of retail sales decreased by 2,0% in November, and by 1.9% in the first eleven months of 2008 compared to the...
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Camel milk chocolate by Manner
Date: 2009-01-27 00:00:00
World's first camel milk chocolate, called Al Nassma, is only available in Dubai. Camel milk arrives from a farm near to Dubai in form of milk powder to Manner's plant...
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54 million Visa transactions in Hungary
Date: 2009-01-27 00:00:00
Point-of-sale (POS) transactions made with Visa cards in Hungary rose 22.9% in Visa Europe's business year ended September 30, the card issuer said. The amount of money spent on POS...
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GLOBUS sales up in Czech Republic
Date: 2009-01-27 00:00:00
German hypermarket and DIY store operator is currently building its 14th Czech hypermarket, located in Ostrava. The retailer increased its sales by CZK2.6 billion up to CZK22.7 billion in the...
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