News and articles

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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Czech Beer is sold very well

Beer production in the Czech Republic hit a record high in the first half of this year, according to recent figures. The Czech Association of Beer and Malt Producers (CSPS)...

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Summer balance – HUF 300 penalty because of food safety reasons

Authorities checked almost 20,000 places, the control will continue until the end of August. The most characteristic problem were hygienic and cool technologies, the missing date of expiry or products...

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343 firms come forward, Fornetti's products aren't poisoned

According to newest control there are no dioxin in products by Fornetti Franchise Ltd., last week Danone reported the same. Miklos Suth, chief vet said that products of Tesco, Stamag-...

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China will spend more than $1 billion improving food and drug safety

Last week, China's State Food and Drug Administration agreed with the US FDA to increase technical exchanges through seminars and training programs. According the chineese goverment large, new laboratory would...

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A new chineese product recall – this time a quarter of a million tires

Foreign Tire Sales of New Jersey has issued a recall for 255,000 Chinese-made tires, brands Westlake, Compass and YKS.  The company said that the tires lack a safety feature that...

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German soya drink recall in Hungary and Europe

German organic drinks manufacturer Natumi has withdrawn its chocolate soya drink from stores in Hungary and across Europe after the product was found to contain the guar gum additive. The...

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Gap Inc. has jettisoned 1,500 workers

It happends on the ground of a three-year sales slump.  The company with more than 154,000 workers,  handed out about 1,100 pink slips during its fiscal second quarter, a 13-week...

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Unique alubottle form Coca-Cola

The Faithless & Paranoid bottle is easy to take with for parties. In the 0,25 bottle there is place for favorite short drink too. A new technique for applying UV...

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No more full trust in branded products

While product, packaging and branding are still key, consumer want products that deliver incremental health and wellness benefits coupled with an understanding of the impact of these products on individuals,...

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Friesland called back its products content apricot jam

The producer said the dioxin level of its outputs is anyway under the healthy level. The company's decision born after getting the fact of its czech supplier, that the bought...

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Arena Plaza is sold

Plaza Centers N.V., a leading emerging markets property developer, has announced that it has executed a binding agreement for the sale of its Arena Plaza shopping and entertainment centre in...

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Enormous potential for sports nutrition market in Europe

There could not be a better time for companies to tap into the market, and pitch their products not just at professional athletes but to normal consumers too. According to...

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Grains and oilseeds will lead the surge, with annual average price increases of 16%

Surging demand for food, feed and fuels are combining with low stock levels to create extremely tight markets. Global agricultural commodity prices are booming. Prices, as indicated by the Economist...

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In place of chocolate wellnes nutrition at Campbell Soup

Godiva could fetch more than $1 billion. It has annual sales of about $500 million. The premium chocolate business does no more fit with Campbell's strategic focus on simple meals....

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Golden lolliPOP competition again!

Until 7 of September are entries waited for Golden lolliPOP competition, organised by IN-STORE, where the applicants will compete in six categories. Public can vote on internet, the winer production...

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Reconstruction of Parizsi Nagy Aruhaz starts

The new building will open for the public at second half of 2008. The house on the Andrassy street is a national monument, the first mall in Budapest was open...

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2,000 tons dioxin tainted fruit concentrate was found in Germany

According to german authorities the product was non-traded yet. German authorities said that they had launched a massive hunt for food products that may have been contaminated with carcinogenics originating...

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Fake Beluga – with dangerous bacterias

The delicacy, which had been mixed unhygienic with cheaper varieties of caviar, was being sold in Moscow supermarkets. Russian food safety authorities confiscated and destroyed 270 kilograms of contaminated Beluga...

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Dioxin poisoned Czech apricot jam transported to Hungary

Friesland Hungaria made the first self announcement, that some of its products contain the jam, imported from the Czech Republik, which had a high dioxin level. The supervisors check 13...

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The newest Euronics shop is open at Lurdy

Soon Office Depot and Morgen Stanley will be renter of the almost 10 years old Lurdy-house. At the mall, built in 1998, last year was a chancing in management, and...

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Deadly trotters

A charge is took against the head of a restaurant, where a judge died because of food poisoning. According to public prosecution it was the responsibility of the restaurant's boss,...

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First Easy hotel – not only for foreigners flying with discount airlines

The first outlet of low-cost hotel franchise is to open in October in the center of Budapest. The hotel, operating with 6 persons staff,  will offer 60 rooms, in size...

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For the first half of the year 8,2% grow is detected

According the Central Statistics Office Hungary's industrial output jumped by 8.7% year on year in June, according to preliminary unadjusted figures and also according to figures adjusted for working days....

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Strength Union's regulation to stop foot-and-mouth disease

The European Union banned imports of livestock from Britain, includes all live animals, including cattle, sheep, goats and pigs, as well as all fresh milk and meat, which can transmit...

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Green light for Heineken

Czech Antitrust Body said OK for Krusovice Takeover by Heineken.  Heineken currently operates in the Czech market through its Austrian subsidiary Brau-Union AG. After the Krusovice takeover, Heineken's market share...

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