Posts From trademagazin

Price comparison market is getting more focused

No more than three price comparison sites could remain on the Hungarian market in long terms. This Internet service can accelerate the competition in the market. At the beginning of...

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Auchan: the biggest warehouse lease of the year

Auchan Magyarország Kft, concluded the largest warehouse transaction of the year, at the end of September. The expansion of the company's logistics area has been occured in the recently completed...

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Gallicoop built their own wastewater treatment

The Gallicoop Turkey Processing Zrt. built its own wastewater treatment in Szarvas, due to environmental and economic considerations. The water does not leave the site area and reduces the city’s...

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New Member of the Board at Metro Commercial Ltd.

According to Metro’s press release; Dávid Gábor will join to METRO Commercial Ltd, as customer management director, and also a member of the Executive Board from the 1st of November...

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Twilight of the Irish pubs

According to a study, 2000 rural pubs could be closed in the next 10-15 years in Ireland, because of the law changes and due to the weakening economy. According to...

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U.S. retail sector may be in trouble

U.S. CIT Group could not avoid bankruptcy protection, even after several months of fight. The 101-year old company offers credit mostly to small and medium-sized retail companies. The company stressed...

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Spirits: brandy, pálinka brandy and bitter are the most popular

The retail sales of distilled spirits were 73 billion HUF between October 2008 and November 2009, just like as in the previous comparable period. However, a 5 percent volume reduction...

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One third of the companies plans Cafeteria decrease

According to the research of DGS Global Research; Thirty-one percent of the employers would reduce employee fringe benefits for next year. Only 15 percent of the companies plan an average...

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The foreign trade balance improved further – besides declining exports and imports

In August, the foreign trade exports decreased by 10, imports by 15 percent, compared to a year earlier. In the January-August period, exports decreased by 17, imports by 23 percent...

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Increase in the support for product sellers

The government will increase the support of its working capital loan program with three billion HUF in order to support the product sellers in the fruit and vegetable sector. Government...

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Another new Penny Market opened in Debrecen

Penny Market opened its second store on 29th October 2009 in Debrecen. Sixty-five percent of the product range of the unit comes from Hungarian suppliers. Penny Market, which present itself...

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Zwack liqueur consumed less-than-expected in the U.S.

The Zwack Unicum reached 1.257 billion HUF after-tax profit, in the first half of the 2009-2010 business year, which is 20.1 percent less than of the base period – reports...

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Still far from a real boom

Chen Deming, Chinese Minister of Commerce and Joseph Stiglitz, Nobel Prized economist also expressed doubts about the fast recovering from the recession, at an economic conference in Shanghai. Although more...

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The last days of Quelle

The story of Quelle, which was and one of Germany’s and Europe's most prestigious chain of stores came to an end; The closing sales began on Sunday at the famous...

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Plaza Centers: stopped investments in Romania

Plaza Centers, suspended its eight Romanian projects. The planned investment projects would have been realised in a worth of a total two billion euros. "In the current economic situation it...

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The fifth stage of the Balkan Express

Agrármarketing Centrum will organise a community appearance in the South East European region for the fifth time this year. After Mostar, Novi Sad, Bucharest and Banja Luka, the Hungarian food...

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U.S. economy grew in July-September

The U.S. economy grown by 3.5 percent in the third quarter. Analysts expected 2,7-3,5 percent increase. The U.S. economy became smaller with 2.3 percent last year. In the first quarter...

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Christmas season starts in Tesco

Tesco is waiting its customers with Christmas ornaments, and rich Christmas discount offers, some up to 50 percent, from 29th October 2009 in all the country's Tesco stores. As a...

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World confectionery will watch Hungary next year

The 16th International Confectionery, Bakery and Culinary Exhibition and Fair will be held in Hungary between 21st and 24th February 2010. Parallel to the exhibition the Confectioner's World Junior Championships...

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Alföldi Tej will produce cottage from November

The Great Plains Milk Sales and Purchaser (ATÉB) Ltd. purchasing much less milk than last year, because of the constantly decreasing milk producing. The European Commission gave permission for a...

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French government vs. chain of stores

The French Ministry of Economy denounced 9 large chains with the charge of abusing of suppliers. Six of the chains are distributing primarily food products. The French press has been...

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Heineken raised its profit expectations

Sales and turnover, also declined in the third quarter of the year at Heineken. At the same time the company increased its profit expectations for the whole year. The third...

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An old-new beer on the shelves: Spaten

Borsod Brewery Zrt. will reintroduce Spaten to the Hungarian market.The drink will respect the traditions of pils beer, but will be marketed in a completely renewed form. Spaten is brewed...

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Qualitative leader at GfK Hungária

The new qualitative leader of GfK Hungária Market Research Institute will be Becker György from 15th October 2009. The 54-year psychologists worked at TNS Hungary in the past also in...

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The future belongs to two-and three-star hotels

Experts studied on the: ” Why is it worth to start hotel developments in Hungary?” professional meeting, organised by Noerr Law Firm, and its partners; Kohl & Partner and Coteba...

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The MVH will purchase the surplus grain

The Agriculture and Rural Development Agency (MVH) can buy unlimited quantities of wheat and barley offered for intervention from 1st November. On the basis of the proposals, the purchasing 400...

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Tesco will renew its financial services

Thanks to the cooperation between Tesco and Benks, Tesco’s Financial Services product range will renewed from the 2nd November. Thanks to the new financial partner more than 30 banks and...

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Increase in alcohol taxes, tighter controls

The alcohol tax rate will be increased next year. Tighter controls are expected in the pálinka breweries during the autumn, and new security locks will be used on the equipments....

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Quelle subsidiaries will be operated by new owner

The international Quelle subsidiaries can continue to operate, despite the 1st November termination of German parent company. Soon they will be sold to investors, including the Hungarian firm. According to...

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DM is expanding despite the crisis.

In 2008/2009 DM Drogerie Markt reached a 5.4 percent growth and achieved a turnover of 63.7 billion, so the management of the drugstore chain considers this business year successful, despite...

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