News and articles

Unilever Acquires Leading Russian Ice Cream Company Inmarko

The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...

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Hungary's economic growth will pick up and its inflation will slow down this year

Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...

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The labor market of retail to increase in 2008

According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...

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Two digits growth at Coca-Cola Beverages Hungary

The company increased its market shares and get now 20 pct, one third of the sales came from the new products.   The growth is thank to the fact too,...

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Imperial Tobacco's Altadis takeover offer

UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur.   The board of the Franco-Spanish company Altadis...

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French Supermarket Workers Strike over Wages

Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...

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Burger King Keeps Rising

Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...

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Aldi to open in February

According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings.  It is unkonwn how many stores...

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dm to start in Bulgaria 2009

The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...

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Top-100 Hungarian Companies are Less Optimistic

The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008.  Hungarian companies are looking to the future with a degree of apprehension, according to the stats....

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Fausto's is the best Restaurant in Hungary

The bilingual Dining Guide magazin organis competition between restaurants since 2005. The jurey, 28 international known specialists tested the restaurant personly, from the last year best 10 only three could...

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A Helping Hand for SMEs for free

The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days.  The Hungarian Chamber of Commerce & Industry takes part in the program, wich...

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Mondi to develope in Poland

International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...

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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt

The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers.  According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...

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Sodexho Alliance renamed Sodexo

The evolution of the brand shows the grow and progress to become the premier global outsourcing expert.   France based contract caterer and facilities company Sodexho Alliance has been renamed...

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Tesco opened a new front in the ongoing supermarket price war

In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...

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Cheese promotion dedicated to the number 3

Prizes from the prize game of SOLE-MIZO ZRt. promoting cheese were handed over at the end of November. 3 participants were able to win a HUF 300,000 trip with 3...

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If Milli, then it’s Debrecen

The new curd production plant of Friesland Hungária zRt. was opened on 22 November. The EUR 2 billion investment is part of their regional strategy to consolidate their activities in...

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Black tea continues to fade in the market

The market of tea is becoming increasingly colourful. Owing to the rapid changes in tea culture, green, herbal and fruit teas are challenging the once dominant black tea. Black tea...

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Wider assortment for dm

OTC pharmaceuticals, homeopathic products and Alnatura bio-products are all recent additions to the dm assortment. The fiscal year ended on 30. September for dm Magyarország Kft. and results were excellent....

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Six months after being elected, he is still forced to tackle administrative obstacles.

His ideas have been greeted enthusiastically, but he still does not know when he will be able to start actual work. As he has not been inaugurated yet, he cannot...

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Coffee from the shade

“Coffee produced in the shade” is becoming increasingly popular in the US. This kind of coffee bean is not grown in plantations, but in rain forests, under the trees. It...

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Dermatologist in the West, TV in the East

According to data from a survey conducted by GfK Roper, four people out of ten are satisfied with the way they look world-wide and in Hungary, as well. The survey...

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Montice

The essence of the innovation is the technology used for processing milk, the so called ESL technology, where fresh milk from the Alps passes through hot steam for a few...

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Chio Crackings

The spot is a follow up to the popular Chio Crackings mouse story. It is replayed in the first part how the lead character mouse got hold of Sajtos Chio...

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On page 12 of the April 2007 edition of Trade Magazin an 1/1 advertisement was published by Zwack Unicum Nyrt. 1/1.

A statistical table by IWSR (International Wine and Spirit Record) for 2006 was also published as part of the ad. We have been informed by the advertiser that the published...

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New HR director for SIÓ-ECKES

Marianna Bartos was appointed the new HR director of SIÓ-ECKES Kft. on 1. January. Previously, she had worked for Johnson&Johnson Kft. and has 15 years experience in the FMCG sector....

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Market of detergents above HUF 20 billion

Retail sales of household detergents show continuous increase and have exceeded HUF 20 billion. Overall growth amounted to 4 per cent in the November 2006–October 2007 period. Sales of washing...

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Interfruct United

Interfruct stores use standardised assortment, prices and promotions and also operate as independent logistic centres. The chain is going to contuniue expanding its RIA network. According to István Bránát, managing...

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In 2007, they continued consulting with the government on issues of concern to the profession, in order to represent their specific interests.

Some domestic catering businesses have been authorised to accept holiday checks. By July 2008, they will be able to accept an unlimited number of requests for such an activity. The...

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