News and articles

OFFICE DEPOT to close 112 retail stores in North America

New store openings for 2009 now have been reduced to approximately 20, down from the previous estimate of 40 stores.  Office Depot plans to close 112 underperforming retail stores in...

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SPAR opened supermarket in Ajka

The new store is Ajka's first SPAR, but the 391th unit of the chain. SPAR Hungary operates 165 SPAR supermarkets, 29 INTERSPAR hypermarkets, 20 Kaiser's supermarket and 177 Plus store...

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Grand Marnier packed into sensuality

French liqueur brand Grand Marnier started to bring out yearly editions of its iconic bottle in 2003. The limited editions are usually launched at the end of the year, perfectly...

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Magyar Cukor Zrt. is optimistic

The company could stabilized its processing, and it will be enriched in 2009. The plant in Kaposvar works with biogas, the next years sugar will be soon ready.  Magyar Cukor...

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The authority controls thousands of food entrepreneurs and 80,000 products. The office made survey o

According to a press conference of the Hungarian Agricultural Administrative Office, the authority made 6,000 penalty captions from January-October 2008.  The authority controls thousands of food entrepreneurs and 80,000 products....

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57 tons dioxin- incriminating liverish in Hungary

Kaiser-Food Kft. imported in November 42 tons liver from Ireland, from this 29 tons are frosted, but from the rest liver paste were made and sold in the retail.  After...

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Dioxin poisened pork in Romania

3 tons of toxic pork from Ireland arrived into a depot in Bucharest, it was transported to 5 South-Romanian companies – said the Romanian Food Safety authority.  It's sure that...

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EU to scrutinise competition in food retail sector

European Union regulators pledged on Wednesday to crack down on uncompetitive practices in the food retail sector.  Warning of a risk that food retail consolidation might be against consumer and...

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HUF 25 million penalty for Hervis

According to the Hungarian Competition Authority in the company's ads written „old price” was higher, than it was used in the shops, before the actions, so Hervis absuded its consumers....

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Germany's Retailers are optimistic

According to Reuters informations, last week Germans spent 1% more, 4.7 billion euros for Christmas presents. High-quality toys as well as books, CDs and DVDs were among the most bought...

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Supermarkets are Very Popular In Baltic region

A new survey by Extended Performance Satisfaction Initiative (EPSI) reveals that supermarket chains in the Baltic countries receive strong approval ratings.  The EPSI study found that Estonian consumers are slightly...

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Catering trade protest against the planed inventory-law

According to the Association of Hungarian Catering Industry the nowadays laws and the new ones made the catering industry over controlled and are without knowing anything about the specialities of...

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Reopening Heineken Experience

Amsterdam most popular turist atraction celebrated its official Grand Opening on 9th December.  The journey through the New Heineken Experience pulls back the curtain and immerses visitors in every aspect...

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Wine Marketing of 2008 Award

This year Monarchia Winery from Eger won the award, in common wine marketing cathegory the best was the Foundation for Eger Wine Region. The ceremony came to in Urania Filmtheater...

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Hungarians are distrastful against banks

Just 19% of Hungarians said they had financial savings in November, a thirteen-year low, a survey by market researcher GfK Hungária shows.  The percentage of Hungarians with financial savings dropped...

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Zwack Specialities for Christmas

The drink company offers two new Seedessence Liqueor with Honey for the feast, one with plum corn and one with sour cherry kernel.  The Zwack Sandor palinkas and the other...

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New taste from Danone Activia

The new probiotic product of Danone Activia is sweet and white, it is without any fruits.  Danone Activia White and Sweet helps keep digestive system ticking away nicely by helping...

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We buy travel and book on-line

According to the newest research the number of Hungarian on-line shoppers is over 1 million. E-Commerce Trend Report 2008, made by NRC Market Researcher, shows that 1.8 million Hungarians tested...

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SPAR sales only Hungarian pork

The retailer undertakes a guarantee, that the fresh meats and every meat produces sold in its stores, are made from excellent quality Hungarian pork. SPAR is the only retailer in...

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Government contra retail chains

The farmers and processors think, that the retailer make strength conditions and leave not possibilities and profit for the other member of the food production lane. The Agricultural comitee of...

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Food Lion format in Test Periode in Greece

Delhaize Group in Greece will evaluate the efficiency of its new discount format Food Lion in the next six months.  By the end of 2009, the retailer will take a...

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The toxic pork can pop up in 20 countries

Irish Republic Recalls All Pork Over Fears Of Contamination All pork products made in the Irish Republic since September have been recalled over fears they are contaminated with dioxin.  According...

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Durex campaign against AIDS with a Huge Condom

On 1th December, the day of AIDS, a condom, as tall as a man was walking through Budapest's streets, to call people attention to the danger of HIV virus.  Durex,...

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Loulis Mills gives up Stakes in Romania and Bulgaria

The Greek bakery group sold its 29.5% stake in Titan of Romania for 16.7 million euro for Austrian food industry investment company Leipnik Lundenburger Invest (LLI).  Loulis Mills has also...

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Real close hypermarkets in Germany

According to Lebensmittel Zeitung, Metro-owned Real has chosen six hypermarkets which are due to be discontinued.  The outlet in the north of Munich will be closed whereas the remaining stores...

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Tesco opens 100th store in Turkey

Tesco has 750 stores in Central and Eastern Europe.  Tesco entered into the Turkish market five years ago. The now opened Kipa store is located in the coastal town of...

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Nearing stands at minimum wage negotiation

At the Friday meeting of the National Interest Coordination Council employers have raised their proposed monthly minimum wage to HUF 70,000 from HUF 69,000, the minimum wage for skilled workers...

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Inevitably fast improvement of internal and external balance

The deficit of the general government in 2008 is expected to be around 3.3% of GDP, which is still high, but taking into account the balance of the pension funds...

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More foreign tourists, but they spent less time in Hungary

According to Central Statistic Office in January-October 2008, – compared with the same period of 2007 – the number of international and domestic tourism nights decreased by 1% in public...

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French partner at Sole-MiZo?

According to the information of Vilaggazdasag, business daily in Hungary, the milk producer from Szeged had several meetings with possible investors last weeks.  The French Lactalis-group seems to be so...

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