News and articles
Lawsuit against Mattel
Date: 2007-11-07 00:00:00
The government of South China's Guangdong Province is likely to help local toy manufacturers file a lawsuit against the world's biggest toy company. Mattel recalled more than 21 million China-made...
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Kellogg Acquires Two American Companies
Date: 2007-11-07 00:00:00
The world's largest cereal maker, is set to buy Wholesome & Hearty Foods Co., a U.S. manufacturer and the Bear Naked Inc. Kellogg said it paid a total of about...
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Attila Boros is the new sales director at Cash & Carry chain
Date: 2007-11-07 00:00:00
The former director Peter Nyilas lost the Interfruct, the company approves of his work. Attila Boros joined the company this year in Januar and took part in building of the...
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In 2006 productivity grew strongly in the EU
Date: 2007-11-06 00:00:00
According to the EU's annual competitiveness reportworker productivity in the bloc increased by 1.5 per cent in 2006 – the highest level so far this millennium, and a tenth of...
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Two new Tesco stores
Date: 2007-11-05 00:00:00
On 2th November opened the hypermarket and gas station in Kazincbarcika, on the same day began to sell the supermarket in Mezobereny. 225 new workplaces were set up. In the...
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Improving balance of the Hungarian economy
Date: 2007-11-05 00:00:00
According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank the Hungarian economic policy adjustment is taking place in a favorable European business climate but...
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Renovation of the first Hungarian SPAR store
Date: 2007-11-05 00:00:00
The first SPAR supermarket in Tata was renewed in two months. everything were changed, only the panels remained. The store got a new outlook. SPAR opened its first store 16...
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No distortion at competition in Britain
Date: 2007-11-05 00:00:00
Supermarkets stand accused of buying up land to keep out rivals. Shoppers in most areas have a good choice and benefit from strong competition between retailers, but in a number...
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E. coli bacteria in beef from Canada
Date: 2007-11-05 00:00:00
9.8 million kilograms of beef were recalled in October More than 40 people are ill in 8 American county because of the meat products of Rancher's Beef. ....
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Heineken to buy Serbian brewery
Date: 2007-11-05 00:00:00
Heineken is one of four breweries which expressed their interest in Serbian brewer MB, based in Novi Sad. However no formal agreement has yet been reached, but according to reports...
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French weeks in Cora and Match stores
Date: 2007-11-05 00:00:00
On the weekends people can taste the French foods and see cooking shows. The event, between 5-18 November 2007, gives the opportunity for the Hungarians to meet and taste French...
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Biopont in Weight Control
Date: 2007-10-31 08:00:00
Seven Biopont products have been added to the list of foods recommended by the Alexandra Béres Alexandra Weight Control Program in September. Meat and milk substitutes have been chosen to...
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dm revenues increasing by a quarter
Date: 2007-10-31 08:00:00
Th dm chain concluded this financial year with excellent results in September. Revenues grew by 25 per cent, reaching HUF 51 billion. This is partly due to expansion, with the...
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How is the banking sector?
Date: 2007-10-31 08:00:00
The number of banks per HUF one million is between 3-4 in Hungary, which is around the international average. The leading seven banks (OTP, K&H, MKB, Erste Bank, CIB, Raiffeisen,...
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Corn prices: + 45 per cent
Date: 2007-10-31 08:00:00
According to a KSH report, the prices of agricultural produce were 10.4 per cent up in July 2007 compared to July 2006. Plant produce showed a price rise of 20.8...
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TopJoy Light
Date: 2007-10-31 08:00:00
The fruit drinks available in four flavours: orange, apple, peach and multivitamin, can become a true favourite of everybody who want a refreshing drink with fruit content and it is...
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Record breaking CMS in Berlin
Date: 2007-10-31 08:00:00
14 thousand people visited the largest trade exhibition of the cleaning industry held in Berlin in mid-September. 343 exhibitors from 25 countries attended the four day event. Prospects in Poland,...
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New business model
Date: 2007-10-31 08:00:00
Tchibo has begun testing a new business model in the Hungarian market. As a first step, they are opening a store in Arena Plaza on 30. October, where not only...
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Artistic tapping
Date: 2007-10-31 08:00:00
This was the 11th Stella Artois® beer tapping championship organised by Borsodi Gyár Zrt. This year’s winner was Balázs Horváth (Orchidea étterem, Lipót) represented Hungary at the 11th. Stella Artois®...
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Christmas on shelves
Date: 2007-10-31 08:00:00
Precise planing is needed in order to achieve the major boost in sales that is expected in the Christmas season. Most companies begin planning their special packages and offers for...
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Growing inventories, more financing in foreign exchange
Date: 2007-10-31 08:00:00
As István Tari, regional director of Erste Bank has told us, in spite of signs of recession in the FMCG sector, retail chains are expanding in the hope of future...
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Food boosting inflation
Date: 2007-10-31 08:00:00
According to a KSH report, consumer prices remained unchanged in August 2007, compared to July, but the rate of inflation was 8.3 per cent. Prices were on average 8.5 per...
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Riceland Expressz
Date: 2007-10-31 08:00:00
The essence of the innovation is the significantly shorter time required for cooking....
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