News and articles

Pepsi Buys Control of Russian Juicemaker for $1.4 billion

That price tag for juice maker JSC Lebedyansky makes it PepsiCo Inc.'s biggest foreign acquisition ever.   Deal fits two criteria important to the company: building its portfolio of healthier...

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Pannon Baromfi to buy

Since last September the company works again, the liquidator want to sell it. The liquidator company Crac-Org Zrt. waits offers until 28 April, the limit is minimum HUF 2,1 billion...

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The self service photo corner is a good business

Dailly 1500-2000 pictures are printed by each mashines standing in Saturn stores.  The photo kiosk are served by HP, the electronic stores bought them for HUF one million and the...

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Overseas Sales Help Nike Earnings Rise

Nike Inc.'s third-quarter profit jumped 32 percent because of strong sales overseas and a weak dollar, the athletic shoe and apparel company said.  Nike said revenue for the quarter, which...

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Rise at Tesco Polska

Tesco, the UK retail giant, has signed a new pay deal with its workers in Poland. According to agreement with NSZZ Solidarnosc, representing 80% of the staff, workers get 30%...

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The Hungarian Trade Association asks the governement to think about new consumer protection fines

The association said it's nonsense that the National Consumer Protection Authority would give fines after yearly sales of the company.  The authority's yearly report said that the fines should be...

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New clothes brand at Tesco

Since March the retail giant offers F&F, a new elegant man-woman dress for working in office or for parties.  F&F is a leader clothing brand in the UK and has...

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Danisco Invests in New Ice Cream Optimising Freezing Technology

The technology ensures a finer structure, better mouthfeel and creamier texture in ice cream than previously possible.   The new production equipment, designed specifically for pilot production, freezes the ice...

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Casino increased its share in Super de Boer

French retailer Casino Guichard said it had raised its stake in Dutch retailer Super de Boer SDB.AA to 57 percent. Company said it had acquired a 6 percent holding from...

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NÖM-AG acquires Mona dairy

NÖM-AG has announced that it has acquired three subsidiaries of the Mona dairy group based in Oberwart in Burgenland retroactively effective to January 1 of this year. The Hungarian company...

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Trident – enjoying bubble gum

The new Trident brands were introduce to the retail specialist by an exclusive show in Etyekwood.  Jose Bonito introduce the new Trident Splash, what is a flavorful snack alternative that...

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Auchan Hungary plans 6% sales increase in 2008

Last year income was over HUF 200 billion.   Because of the developing the chain Auchan's balance was negative last year, company thinks the result will be positive in 3-6...

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Nestle decreased its CO2 footprint

The company invests HUF 100 million for environment protection in Hungary.   According to Nestle's Creating Shared Value 2007 report the company claims to have reduced emissions by 17.3 per...

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(HU) Szanálja a Real-t a Metro

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Succesfull Winter Invasion in the Hungarian Capital

The Budapest Winter Invasion, lasting until the end of March, has already brought many extra guests to hotels.  Altogether 20,000 guest nights were reported from participating hotels in February, which...

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180,000 enjoined at the Pig-out

Pigging-out Thursday has grown into a huge event with 180,000 guests benefiting from the discounted offers of participating restaurants on 7 February. One-third of diners had already joined the previous...

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Gammon sold mostly in Supermarkets

Costumers regulary choose to stand in line at the counters, while the fresh products are 40% cheaper as shrink-wrapped.  One third of yearly gammon shopping realized at Eastern, costumers buy...

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Consumer protector against the new law about consumer protection

The disposal would broaden the authority's tether, but derogate the other craft union's.  According the new disposal there will be more and harder consumer protection supervising, the authority's tether would...

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Luxury boutique hotel at a cost of 11 mln euros in Budapest

Ablon Group Ltd said the works of Hotel Rosslyn with 74-bedroomsstarted, the development is expected to be completed towards the end of 2008.   Founded in 1993 in Budapest (Hungary),...

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Burberry and Gucci open their stores on Andrassy street

Soon opens Burberry's shop near to Louis Vuitton, Gucci plans its store near to Opera in the former Wahrmann palace, under reconstruction now.   One of the first arrival swas...

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Award from Hungarian State for Lajos Csepeli

The president of Co-op Hungary was awarded with one of the highest Hungarian civil award, the Officer’s Cross of the Order of Merit of the Hungarian Republic. The award came...

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Supermarkets More Popular Than Ever With British Consumers

More people than ever before in the UK, are shopping at supermarkets for items other than food, reveals new research from Verdict Consulting, a specialist division of Verdict Research reveals....

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Asda Calls For Government To Cut VAT

The retail company offers to reduce VAT on 100% fruit juices and smoothies to 5% Asda has launched a campaign to cut VAT on fruit juices as it says the...

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