Posts From trademagazin

OTP sold its Podravka shares

The OTP Bank called the Croatian food company Podravka to pay 11.58 million euros, after having sold its Podravka shares. A total of 576,880 shares were sold last week for...

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Danone's revenue increased

The global leader of fresh dairy products, the Paris-based Danone Group's net revenues increased by 16.3 percent to 9.73 billion euros in the first half of this year, surpassing the...

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Delhaize purchased the Serbian Delta Maxi

The Belgium-based Delhaize retail group finished the 100 percent acquisition of the Serbian Delta Maxi retail chain. With the 932.5 million euros transaction, Delhaize can further strengthen its position in...

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New EU rules for wine-makers

While the EU may finally deliver its overdue decision addressing use of “traditional terms” of winemaking, U.S. corporations must remain vigilant for violations of product labeling: Severe penalties can be...

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New leader at Hungarian Beiersdorf

Beiersdorf's Hungarian subsidiary has a new CEO from July 2011, instead of Gerard J. Hierath, the new CEO is Thomas Lichblau. Besides, marketing director Ferenc Bartha is the new marketing...

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The wine and soda bus departs

If summer, than wine and soda and wine and soda bus. This year's wine and soda campaign of the Agricultural Marketing Centre's (AMC) starts again. This year's campaign beside the...

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Presidential chefs in Russia at Club des Chefs des Chefs

President Obama is a very “adventurous” eater who often interacts with his White House chefs, Executive Chef Cristeta Comerford said from Moscow on Saturday. Comerford is attending the annual weeklong...

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The Government’s work plan for the second half of this year

Government decision-making does not stop during the summer: ‘The pace is maintained’. The Cabinet's agenda for the rest of the year comprises 164 laws, decisions and decrees, including decisions related...

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Dumping-like production and acquisitions before the introduction of the chips-tax

Before the introduction of the chips-tax, the affected food manufacturers and retailers started a dumping-like production and acquisition, although the increase may not be long delayed. The food manufacturers want...

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Export sectors create jobs

The number of employees between age 15-74 increased by 29,900  from 3,778,900 to 3,808,800 in one year (0.8 percent), which is the most dynamic growth of the past seven months...

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Wage supplement and Sunday opening hours

According to the proposed modification of the Labour Code; the employers should pay fifty percent salary bonus to their employers working on Sundays, except for those part time workers, who...

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VAT-decision – The goverment accepts EU ruling

Hungary is sticking to its 2011 and 2012 budget deficit targets and a European Court ruling on value added tax (VAT) refunds has no impact on the budget goals, spokespeople...

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The capsule coffee is getting increasingly popular in Hungary

Its market share within the total market is still minimal, but the sold in capsules and the number of devices more than doubled in a year. The number of market...

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2,500 tons of melon exported from the eastern part of the country

So far, the Nyíregyháza-based Rádium Kft. exported about 2,500 tons of from three counties (Békés, Jász-Nagykun-Szolnok and Szabolcs-Szatmár-Bereg) of the eastern part of the country – told the company's CEO...

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The number of domestic corporate mergers and acquisitions increased

The number of domestic corporate mergers and acquisitions increased in the first half of 2011 compared to the same period of last year – shows the latest survey of Ernst...

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The Ministry of Rural Development helps chicken farmers

The farmers breeding laying hens can apply for 5 to 200 million HUF support to create EU standard conditions for the animals from early September until the end of the...

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Tesco requested a rent reduction from the local government

Tesco-Global Stores Ltd. requested a rent reduction from the municipality of the 12th district referring to the special tax. According to Tesco's press department it is a usual practice that...

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A Tesco will be created in the place of the largest Domus store?

The sell-out is still underway in the Domus store, situates in the Róbert Károly boulevard of Budapest. The largest Domus store will soon to be closed. The central telephone of...

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Instore communication devices by POS Media Hungary in Lidl-stores

In spring 2011, André Media Hungary and POS MEDIA Célcsoport Hungary has signed a contract to sell advertisement on shopping-strollers and next-customer-sticks. As a result of this contract, POS Media...

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New CEO at LLP Hungary Microsoft Dynamics

Starting from 1st July, András Czermák (36) is the new CEO of LLP Dynamics Hungary. The expert has a 16 years of experience behind him on this particular field, and...

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(HU) Törvényes

Sorry, this entry is only available in HU....

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Improved consumer confidence in the world's largest economy

The consumer confidence index of the U.S. Conference Board economic research institute increased in July. The index increased to 59.5 points from the revised 57.6 points of June. The experts...

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The consumer protection authority inspects the catering units and entertainers

Connected to the tourist season, between June 20 and August 26 consumer protection authorities particularly check the entertainers' equipments and catering units – said Petrik Sándor, Director of Csongrád County...

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Coface: the number of liquidation procedures grew

The number of liquidation procedures in Hungary rose 21% in the first half from the same period a year earlier, credit insurance company Coface Hungary told MTI. Liquidation procedures were...

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New leader at Sága Foods

From July 2011, the new domestic commercial leader is Ádám Szita. The expert is an economist who finished his studies at the College of Foreign Commerce, and also gained an...

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Hungarians do not want to work over the retirement age even for more money

Two-third of the Hungarian workers would not work after retirement age, even if their salary would be raised – shows the latest datas of Randstad Work Monitor. According to the...

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The plantations of the Somló Wine Region escaped from the red sludge

Scientific studies have shown that last year's red sludge disaster did not cause any damage to the vineyards of the Somló Wine Region – told Somogyi Lajos Hill Judge over...

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Another Starbucks café to open on Széna square

The fourth Starbucks café in Hungary opens in Buda on the Széna square in early August. The news is interesting, because Starbucks already has a unit there, in the Mammut...

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47 percent of the Hungarian population does not plan to go on holiday

Forty-seven percent of the Hungarian population does not plan to go on holiday this year, or not sure that could go – shows an European Commission survey. On a European...

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Metro's household electronics retail is making losses

The Duesseldorf-based Metro group's household electronics retail section, the Media-Saturn closed with 44 million euros operating loss in this year's second quarter. The sales of the chain decreased. The company...

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