News and articles
Ikea continouses developing in Russia
Date: 2008-11-19 00:00:00
IKEA will accelerate an expansion in Russia, Per Kaufmann, head of Russian business, said, Dagens Industri newspaper reported Monday. IKEA wants to have stores in every city with at least...
Read more
Tag Heuer butique on Andrassy avenue
Date: 2008-11-19 00:00:00
TAG Heuer as brand is well known from Formula 1 racing, also the TAG Heuer luxus watches were available in Budapest, but from December the company has own butique in...
Read more
H&M sales decreased
Date: 2008-11-19 00:00:00
Hennes & Mauritz, a Swedish apparel retail chain, reported a decline in sales for October, with comparable units down by 2%, in spite of an increase in the number of...
Read more
REWE Group developes logistics basis
Date: 2008-11-19 00:00:00
Rewe Group in Germany is investing more than EUR660 million into the separation of its discount logistics from its full-range logistics. With the re-opening of its modernised distribution centre in...
Read more
Lidl could open in Romania in 2010
Date: 2008-11-18 00:00:00
According to unconfirmed reports in the Romanian press, Schwarz-owned Lidl could open its first stores in the country in 2010, following completion of the retailer’s logistics centre in Chiajna, near...
Read more
Carrefour France reduces sales area
Date: 2008-11-18 00:00:00
According to reports in French newspaper Le Figaro, Carrefour France is going to reduce the sales area of its largest hypermarket in the country by 6,000 square metres. The hypermarket...
Read more
US$20 million for FoodTech International
Date: 2008-11-18 00:00:00
The buyer is the Nestle and Osem consortium. Last year FoodTech has sales of US$14.6 million. For the first three quarters of 2008 the company reported sales of US$15.4 million....
Read more
Henkel Announces Successful Public Offering of Its Shares in Ecolab
Date: 2008-11-18 00:00:00
Henkel has held an investment in Ecolab since 1989. In 1991, Ecolab and Henkel formed a joint venture in Europe, combining each company's European commercial cleaning and sanitizing operations. Henkel...
Read more
'Investors of the Year' Awards
Date: 2008-11-18 00:00:00
Investments of the companies awarded have totalled more than EURO 1.2 billion and created more than 5200 new jobs. The Ministry for National Development and Economy and ITD Hungary awarded...
Read more
Meat industry needs help from the government
Date: 2008-11-18 00:00:00
According to the Hungarian Meat processor's association the state should help Papai Hus Zrt. to get straight. The president of the association wrote letter about it to the agricultural minister...
Read more
Szentkiralyi mineral water is the most popular
Date: 2008-11-18 00:00:00
According to ACNielsen's research in September 2008 , the brand is the favorite both, in sales of value and volume. Szentkiralyi Asvanyviz Ltd., which is a family business, precedes Kekkuti...
Read more
Gross room revenue declined, number of tourism nights decreased
Date: 2008-11-18 00:00:00
According to the national statistic office in the first ten months of 2008, the room occupancy rate for three-, four- and five-star hotels was 60%. At current prices, from January...
Read more
Huge price increase for eggs
Date: 2008-11-18 00:00:00
According to the Poultry Product Chamber the consumer price for eggs could reach HUF 40 in the Christmas season. Last weeks the suppliers price grow by HUF 2 to HUF...
Read more
Strong German presence at 8th China Brew and Beverage
Date: 2008-11-17 00:00:00
The eighth edition of the China Brew and Beverage in Peking, from 20-23 October, covered a display area of almost 23,000 m2. It ranks as the biggest exhibition for brewing...
Read more
Crisis on the Hungarian milk market
Date: 2008-11-17 00:00:00
The biggest problem the low suppliers price and the retail price in the shops. Last year the supplier's price was HUF 100, nowadays it is about HUF 75. Friday...
Read more
SUBWAY plans expansion in Ireland
Date: 2008-11-17 00:00:00
Despite an economic downturn, Subway is planning major expansion in Ireland over the next two years. The company currently has 181 outlets across the country and plans to open 119...
Read more
MERCATOR not to be bought back by Slovenia
Date: 2008-11-17 00:00:00
According to a statement by Slovenia’s prospective economy minister, Matej Lahovnik, the government is unlikely to buy a stake in Mercator, the country's largest food retailer whose shareholders will put...
Read more
Lanchid 19 won hotel architectural award
Date: 2008-11-17 00:00:00
The European Hotel Design Awards, presented by Sleeper Magazine on Thursday, 6 November 2008, is the premier celebration of outstanding innovations in the hospitality industry and hotel design in Europe....
Read more
Red label for Colourings
Date: 2008-11-17 00:00:00
The additional label information on foods containing E102 , E104, E110, E122, E124 or E129 will be obliged to state: “Consumption may have an adverse effect on activity and attention...
Read more
Industrial gross out put increasing stoped
Date: 2008-11-17 00:00:00
According to the Central Statistic Office in September 2008, the industrial gross output decreased by 0.7% compared to September 2007,the index adjusted by working days declined by 5.3%. The volume...
Read more
EU court rejects Lego trademark
Date: 2008-11-17 00:00:00
The Danish toy maker Lego has lost a court battle to protect its iconic plastic bricks. The EU's Court of First Instance upheld a 2004 EU decision to cancel the...
Read more
New Tesco unit in Gyula
Date: 2008-11-17 00:00:00
The store has 5,000 sqm retail area and has a parkplace for 500 cars. Soon works here a discount gas station with 8 pumps. 180 people work at the Tesco...
Read more
Employees in the retail sector aren't comitted enough to their workplace
Date: 2008-11-17 00:00:00
Only half of the employees is able and want too, to make better achievement to help their workplaces succes – said an research in business daily Vilaggazdasag. The most comitted...
Read more
IMIGe turning into POS Media
Date: 2008-11-16 08:00:00
IMIGe changed its name to POS Media Hungary in September. POS Media Hungary is a media holding established in 2007, where the English SAS is also a partner....
Read more
Champagne with crystals
Date: 2008-11-16 08:00:00
Moët & Chandon champagne for Christmas will be sold in bottles decorated with Swarovski crystals. The limited edition bottles are ideal for collectors. Brut Imperial bottles come in presentation boxes,...
Read more
“Minus zero” instead of “plus zero” for the meat sector
Date: 2008-11-16 08:00:00
The number of meat processing enterprises has dropped from more then 500 to 350 within a few years, while concentration has continued in the sector. – Major changes have taken...
Read more
Croissants and French rolls still most popular bakery products
Date: 2008-11-16 08:00:00
Nine out of ten people like croissants and French rolls and eight out of ten also like white bread, according to a survey of eating habits conducted by GfK Hungária...
Read more
FOODATECH for the first time
Date: 2008-11-16 08:00:00
The international food and packaging technology exhibition is to be held under the name FOODATECH for the first time this year, between 18-20. November. The new exhibition will be held...
Read more
On a higher level
Date: 2008-11-16 08:00:00
As a result of co-operation between École Lenôtre and Cegos Kft., the Educatio CulinArtist® educational program, also known as Chef Academy was launched in September. The program was created by...
Read more