News and articles

Carrefour Express is year to year faster in Poland

Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....

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Gerbaud corner, healthy, new bread at UKBA

15th International Trade Fair for Confectionery, Bakery and Gastronomy on 3-5 February 2008 at HUNGEXPO Budapest Fair Center. The nearly 12000 visitors proved that the trade is open for novelties,...

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Metro sold the Extra Retail Chain in Germany

From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops.  The sale of Extra enables Metro to concentrate its food retailing operations solely on...

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Toblerone 100 years succes

An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand.  Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...

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Weak dollar hits Delhaize Group revenue

Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one.  Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...

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21th OBI store opens in Sopron

The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions,  the offer is wide,  more than 10,000 products assortment are on the shelves....

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The number of guest nights rose in the country side and fall in the capital

According to Central Statistics Office in 2007 the occupancy rate of hotel rooms was 58 percent. The gross room revenue of hotels increased by 2 percent at current prices compared...

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Tesco to ban Uzbek cotton in response to child labour abuses

Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes.  The Environmental Justice Foundation...

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Rounding errors at 1-2 forint coins withdrawal

Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...

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New HR director at SIO-ECKES Ltd.

Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...

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Real wages decreased by 4.7%

Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year.  2 million 765 thousand persons were...

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Marketing director joined to TV2 management

Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...

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From Januar all local business tax breaks and exemptions eliminated

In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications.  Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...

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Only one week to 5th Wine tourism Summit

The visitors of the event on 24th January meet leader of 30-40 Hungarian winery in the House of Hungarian Wines. It is the 5th opportunity for wineries, wine houses and...

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Video ads at grocery carts by Microsoft

Customers with a loyalty card will be able to log into a Web site at home and type in their grocery lists.  The software maker spent four years working with...

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Commission encourages development of 'innovative' foods

The European novel food regulation could bring the waiting time from around three years to just one for the applicants. This proposal aims to create a more efficient and practical...

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Canon scanners under new brand name

ScanFront, DR- and CR-scanners got a new brand name imageFormula from January.  Canon collected the products under one brand name and makes a new marketing strategy for them....

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Non-GM Label on Germany Food

Germany will introduce a special label for food that hasn't been genetically modified.  Agriculture State Secretary Gert Lindemann said the new “non-GM” label will apply not only to non-genetically-modified crops...

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Heineken Acquires Brewery in Nord Africa

The current growth of the Algerian beer market is approximately 10% per year, per capita consumption is 3.2 litres.  Heineken acquires Tango sarl from the Group Mehri. The company employs...

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Gherkins cured with mouse

The Slovene Mercator retail chain has to recall jars of pickled gherkins made by Hungarian Parmen Ltd., because a jar containing mouse remains. Mercator started preparing the documentation for the...

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The Superbrands are more known and attractive as other brands

The Brand Potential Index is high at meat and healthy products, but also at community portals. The Superbrands Hungary ask GfK Hungaria to research the brand knowing and the attitude...

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Four Seasons Hotel Palace Budapest is 15. Best hotel in the world

The Travel and Leisure magazine measured the hotels by quality of services and foods, the location and the equipment.  Asian hotels have consistently received high marks, but this year, for...

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More than 700 restaurants, cafes at “Gluttonous Thursday” promotion

Even confectioneries and InterCity railways dinning cars joined to the action. One week before the deadline 720 restaurants signed up to the promotion of Hungarian Tourist Board. This year Metro...

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Five years – 30 billion pounds turnover increase at Tesco

According to a research by IGD the store numbers of the company will double up 2012.  IGD's Trading With Tesco report predicts that the retailer will be boosted by store...

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Henkel sells its the industrial-water-treatment business

Israel Chemicals Ltd.'s subsidiary BK Giulini agreed to pay 60 million euros fo rthe unit.  Currently, HWT employs 180 people in sales, service, research and development and in the production...

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In November 2007 the industrial gross output increased by 5.5%

The volume of the production was higher by 8.2% in the first eleven months of 2007 than in the same period of the previous year. The industrial export sales grew...

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Consumer price are increased higher az waited in December

In the food sector the prices of procecced products growth faster as the prices of comestible. In December 2007 consumer prices increased by 0.4% compared to the previous month and...

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