Posts From trademagazin

So far, 40 percent of the hosts were fined

During its mid summer restaurant control, the National Consumer Protection Authority found problems at the 40 percent of the catering units. The fine was 25 million HUF. Last year, more...

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Tesco leaks into the Chinese market

In September, Tesco will open a store in an another Chinese city; in Ninghai. Tesco was athe last chain which appeared in China in 2004 and currently operates only 73...

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U.S. sugar stocks are on a thirty-four-year nadir

The leading U.S. food producers, such as Mars recently warned the Obama government to take immediate steps, because they will soon run out of sugar. Many jobs can be a...

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Schlecker will take over 71, from the stores of the Woolworth chain

German Schlecker network, which has businesses in Hungary will take over one-fourth, 71 from the stores of the bankrupted Woolworth chain of stores. The Woolworth Deutschland, which bankrupted in April,...

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Forty-five Hungarian companies will take part on the Anuga food fair

Between 10-14 October mostly frozen food, organic and meat producers of Hungary will take part on the sector’s largest international professional food fair, the Anuga of Cologne. Fourteen of the...

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Quick report on agricultural producer prices by KSH

The level of agricultural producer prices decreased by 13 percent in June 2009, compared to the same period of the previous year. In particular, the price level of plant products...

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Tokaj Merchant House should stay in long-term state ownership

The Management of the Tokaj Merchant House Ltd. (TK) would like that it would be a rule that the most important wine company of the historic wine region would remain...

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German and French economies are growing, while Hungarian GDP falls

According to Frankfurter Allgemeine Zeitung referring to the Federal Statistical Office the worst recession in German history has ended.  In the second quarter of this year, the German economy increased...

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Tesco: action in honour of the Hungarian state foundation

From 14 to 27 August 200 well-known and popular fresh and dry Hungarian products will be brought into light in all Tesco stores of the country, during the period of...

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Tens of thousands forints can be saved on starting school

Parents can achieve up to 20-25 percent savings at pre-school shopping for the school year. The bid can be 50-100 thousand HUF per child, so it is important, where and...

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On of Aldi’s CEO waved goodbye

One of the most important British leader Paul Foley, who was in charge for Great Britain and Ireland at Aldi unexpectedly left the company. According to analysts Sainsbury's and Asda’s...

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Wal-Mart: nearly three and a half-billion profit in the second quarter of 2009

The world's largest retailer, Wal-Mart Stores Inc. achieved a 3.44 billion USD, 88-cent per share profit in the second quarter of 2009. The result is almost the same as the...

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A loss in the second quarter of 2009 at the InterContinental

The British InterContinental Hotels Group reported a net loss of 56 million USD in the second quarter of this year, compared to the net profit of the one year earlier...

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The water content in meat is five fold

Instead of the usual 2-3, but not more than 5 percent water content, 24.4 percent water was found in 80 tonnes of pork, of Kapuvári Meat Ltd. purchased by the...

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The inflation data has shown that traders swallowed most part of the VAT increase

The July VAT increase did not appear fully in inflation, because in the shrinking domestic market, many traders were not able to increase their prices, in addition to the seasonal...

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Selective waste collection: people declared themselves more eco-conscious than in reality

Only 18-20 percent of the plastic bottles are collected selectively in Hungary, even though 75 percent of the population is aware of environmental problems resulting from the PET bottles. According...

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Arabs would also buy chicken of Békéscsaba

A company which exports on Arabian markets interested after Barnevál, the poultry processor of Békéscsaba, but specific bid has not yet arrived. If there will not be a buyer for...

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BB Boglár Vintage Festival

This year, for the 33rd time, one of the country's largest outdoor events will be held. The BB Boglár Vintage Festival waiting its guests with four days of concerts and...

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Mangalica ham is popular in the United States

According to Tóth Péter President of the National Association Mangalica breeders; On the basis of sales, the turnover of the Hungarian mangalica ham can reach 1-2 thousands in the U.S....

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Nestlé’s profit decreased

The world's largest food industry group, Nestlé achieved 5.071 billion Swiss francs, after tax profit in the first half of the year, which is 2.7 percent decrease compared to the...

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Unilever intensifies the production of ice cream

Unilever Group intends to increase its Central and Eastern European ice cream producing capacity. The factory of Veszprém can also took a part in it. The Unilever group would build...

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Record amounts of corn harvest in the United States

According to the most recent datas of the U.S. Ministry of Agriculture a record corn harvest and decrease in prices are expected.  The projections show that the corn harvest this...

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Life at the Adriatic became more expensive

According to a Croatian media research; in the Southern-Slavic area, life is much more expensive than in Hungary, compared with the eight main food commodity prices. This year, much less...

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Tesco: Energy from expired meat

According to the plans of British chains of stores, around five thousand tonnes of expired meat unfit for consumption would be burned. It would be enough to power six thousand...

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Separate shops are more preferred than plazas

According to the June research of GKI; Hungarian buyers prefer more Separate shops than shopping malls. More than one-third of the asked purchases mostly in separate shops. One quarter of...

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5.1 percent price increase in one year

According to the datas of KSH, the one month's average consumer price increase was 1.3 percent in July 2009. Compared to July 2008 the prices increased by 5.1 percent, if...

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Agricultural finance will stall on commercial banks

According to the Agricultural Chamber; the lack of credit is a risk to agriculture and using of EU aid and investments. Roughly 50 billion HUF is available from the source,...

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Sziget is good for everyone

The organizers of Sziget Festival, can only calculate whether a profit has been made, after the event. But businesses can reckon on the additional economic benefits of the Festival. The...

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New shopping mall opens on 10 hectares

Zala Park will open on 27th August on 17 800 square meters with a total of 25 businesses. The investment has an area of 10 hectares and in the future,...

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Hungary and Ukraine have the worst business climate in the region

According to the survey of Thomson Reuters OeKB the perception of the foreign companies operating in Eastern Europe, on their own business environment and the whole economy strongly improved. According...

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