News and articles

EU asks food shops to act 'responsibly' on prices

Europe's farm chief called on retailers not to make European Union's (EU) consumers pay excessively for staple foods such as bread and milk despite recent surges in international grain and...

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Hungary's Industrial Producer Prices Stagnated in the Summer

According to KSH the domestic sales prices slightly rose by 0.1% in July 2007 compared to the previous month, and by 6.2% compared to July 2006.   The export sales...

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Marche restaurants and WIFi on the MOL gas stations

In joint venture with Marche International restaurant chain MOL will open six restaurant besides of the most busy motorways. From this year the oil company offers free WIFI on 100...

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Only 20 in Hungary but 40 in the USA – Happy Birthday Big Mac!

Yearly 4 million Big Mac are sold in Hungary, it meens that day after day almost 12,000 consumers choose this burger. In Hungary Big Mac and the McDonald's celeberaty its...

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“Challenging” UK, US but InBev still up in Q2

The Belgium-based brewer has reported a strong showing in its second quarter, despite “challenging conditions” in both the UK and US.   Sales in the period rose by 7.6% in...

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New Rogner member in Hungary

The Thermal Bad and Spa from this year, the new built four stars hotel from next year will take the name Rogner Thermal Spa Egerszalok.  The Spa and Wellness Bath...

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The biggest are the most optimist

Ecostat TOP-100 index of business-activity rose to 103.4% in August, which meant a 3% rise compared to July's results. The index of business activity measured 80.4 % last August. Calculations...

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Coca-Cola to close concentrates plant near to Dublin

The beverage giant would shut down one of its three ingredients plants in Ireland. The company will shift the production of concentrates from the 30-year-old plant in Drogheda, north of...

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Cadbury to buy Intergum

Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator. Cadbury announced the proposed 333m acquisition in June this year, claiming the move...

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Run on furniture – especially at IKEA

The Hungarian IKEA has reported HUF 38.6 billion revenues for its financial year ending 31 August, which is a 16% increase from FY2006. IKEA Lakberendezési Kft. had 4.7 million customers...

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Rotten Meat scandal in Germany

The rotten meat would be sold for Turkish doner kebab restaurants. Authorities had confiscated more than 11 tons of beef and turkey meat at a company based in the southern...

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Heineken fixed its 20-25% profit growth forecast

The Holland-based brewer said that net profit for the six months to the end of June fell markedly, by 30.4% year-on-year, to EUR302m, although net profit took a hammering from...

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Royal Unibrew buys Latvian brewery Livu Alus

The Danish brewer Royal Unibrew AS bought Latvia's third-largest brewery Livu Alus for 130 mln dkr.  The acquisition, which is subject to approval by relevant authorities, is expected to be...

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Bioethanol at Tesco from Monday

The Tesco Megapark in Pesterzsebet will be the first Hungrian and east-european gas station of Tesco where the green friendly drives can buy bioethanol. Europe second biggest hypermarket chain is...

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In contempt of restrictions sales grew in hypermarkets

According to annalist this is the year of discounters in the Hungarian retail. Nielsen datas show that the share of stores over 400 m2 grew with 2%, the 2500 m2...

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Cold, but big business – eiscream

Researcher Euromonitor figures that global ice cream sales are rising 2.5% annually and will hit $65 billion in 2010. Today, the $59 billion ice cream industry is dominated by two...

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President from Szolnok

The recent shareholders’ meeting of Co-op Hungary Zrt. held on 24. May brought major changes. Pál Bartus president and CEO retired and 51 year old Lajos Csepeli, CEO of Coop...

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Wellness with Gyulai

Gyulai Húskombinát Zrt. begins a three month campaign on 1. July under the title “Favourite of generations”. The main prize to be won is a wellness weekend in Gyula....

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International wine developments

During the Hungarian privatization, the international wine sector and market have gone through its revolutionary period what has resulted in a change we have never experienced before. The Hungarian wine...

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Excellent health among yoghurts

Manufacturers have succeeded in linking yoghurts with the concept of health in the minds of consumers. Health-focused sub-brands are evidence of this success. Market data from Nielsen reveals favourable trends...

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Discreet hiss, discreet fragrance

Conventional aerosol cans still account for a half of total sales in the market of air fragrances, though battery operated products show the most dynamic development. This segment receives substantial...

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Hungarian findings

The most important findings of the survey by PricewaterhouseCoopers regarding Hungary are: • 25 per cent of the companies participating have become victims in the past two years. • Fraud,...

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Helia-D Mélytisztító Arcgél

Sunflower stem extract and ground sea snail shell, the special ingredients of Helia-D Mélytisztító Arcgél help to remove dead epidermis cells and make our skin silky and fragrant....

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CIES SUPPLY CHAIN CONFERENCE 2007

(Tomorrow's Supply Chain: Efficient, Transparent, Sustainable) 11 & 12 October 2007 – Prague, Czech Republic, www.ciessupplychain.com The CIES Supply Chain Conference 2007 is /the/ meeting place for Supply Chain &...

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Representing continuity

Following the retirement of Pál Bartus, László Murányi former general deputy of the CEO has become the new CEO of Co-op Hungary Zrt. He has been working in co-operative trade...

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Anuga: new location, new exhibition

6000 exhibitors from over 100 countries will attend the Anuga exhibition to be held in Cologne between 13-17. October. More than 80 per cent of exhibitors will be foreign companies....

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New wave of late arrivals

The late harvest wine in Hungary has launched a new period for its category. From technical points of view the wineries have introduced significant technical developments on these wines what...

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Without milk

Montice yoghurt drink is a premium quality product of Mona Hungary, available in strawberry and multi frutti flavours. Sales of fresh products among milk substitutes are growing rapidly as well....

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HUF 1 400 per year for air fragrances

According to data from GfK Hungária ConsumerScan , nearly half of Hungarian households bought some type of air fragrance in 2006. Regarding household income, those with at least a medium...

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London, you dear one!

Though London is no longer the centre of the world, but it is undeniably still one of the most important business and cultural centres and it is developing at an...

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