News and articles

In most EU countries, the VAT rate of basic foodstuffs is lower than in Hungary

As previously been reported in Hungary, many sectors are lobbying to ensure to be in the scope of the 5 or 18 percent reduced VAT rate, however, very few succeed...

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Tokaji looking for a market in China

Dacian Cioloş The EU commissioner for agriculture and rural development met with Chinese Minister of Agriculture and the first man of the Ministry of Commerce in Beijing. He jointly announced...

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Colgate Announces Acquisition of Sanex Personal Care Brand in Europe and Divestment of its Laundry Detergent Business in Colombia

Colgate-Palmolive Company (NYSE:CL), as part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, today announced that it has agreed to purchase the...

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Are the less well-off really poor?

Join us in a myth hunt! Each month Trade magazin and GfK Hungária Market Research Institute examine a statement popular in the field of retail, to decide whether it stands...

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Confectioners gathering in Cegléd

Confectioner students and confectioner experts will held a consultative meeting on Friday and Saturday in Cegléd, over the present and future of the Hungarian confectionery profession. Linked to the conference,...

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Strategic agreement between the Kékkúti and Rauch

The Kékkúti Mineral Zrt. has signed a strategic commercial cooperation with Rauch Hungária Kft.. Under the agreement, from January this year, the sales representative team of Rauch will carry out...

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Bonbonetti: Lean training and job maintenance

The Bonbonetti Group’s Budapest-based company, the Bonbonetti Choco Kft. trains its employees in a 100 percent EU and Hungarian government co-funding with the tools of Lean management. In the scope...

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After three-quarters of strengthening business sentiment in Germany declined slightly

The business confidence index of the Munich-based Ifo Institute for Economic Research declined to 111.1 points in March, from the former 111.2 points of February, but it's better than the...

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France would coordinate the control of Japanese food

France urged the European Commission to introduce a coordinated monitoring system in connection with the imported Japanese fresh products. So far, eight countries prohibit the imports of food from Japan....

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The ”Sió Rostos Őszibarack” is a Hungarian product!

The Economic Competition Authority (GVH) issued proceedings against misleading ads. The ”Sió Rostos Őszibarack” is indirectly involved in this procedure, because it was included in the published ads of the...

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It is worthy to open sub-account for Internet shopping

According to the recent survey of the National Consumer Protection Authority, 60 percent of the respondents have already paid online by credit card, a bad experience occurred at just one...

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Rézangyal received eight awards at HunDeszt

It was the first time Rézangyal decided to take place in a pálinka-competition. One of the most important events is Hundeszt, where they managed to obtain a total of 8...

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METRO joined Earth Hour this year for the third time

In 2009 METRO GROUP participated for the first time in the global “Earth Hour”, organized by the international environmental organization WWF, to oppose the biggest threat facing our planet: climate...

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New product by Danone Greek yoghurt

Danone Greek is out now: rich, and creamy-thick yoghurt, it's an indulgent eating experience that you'll want to savor and enjoy. Plus, with 0% Fat, you'll feel good knowing this...

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Number of traditional small stores decreased, but they still catch 27 percent of all food sales

The number of general grocery stores decreased by 2 percent, which means a total of 332 stores last year, compared to the previous year. Thus, there were 19 669 stores...

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Egg prices may significantly increase for Easter

In Tolna county markets, farmers sell eggs for 28 to 32 HUF. According to a fellow worker of the Hungarian Chamber of Agriculture, before Easter, significant price increases are experienced,...

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Ipsos: Public perception of the world economy in the light of national performance rating

The examination of Ipsos market research covered 24 countries and based on the public classification of the national economies. Keep in mind that Japan which was the world’s third strongest...

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The indication of discounted prices is problematic

The National Consumer Protection Authority (NFH) investigated the Christmas promotional activities of twenty-seven chain of stores, as well as general trading coditions. Controls were carried out in a total of...

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Mobile phones may replace credit cards

The NFC-based payment has the potential to help the purchases: the credit card of the future is the mobile phone. According to James Anderson, CEO of MasterCard; during the following...

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Fruits and vegetables are the most sought for among organic food products

In Europe’s leading ‘organic countries’ the consumption of organic products grew by 20-30 percent in the last couple of years – with the exception of 2010 when consumption significantly fell....

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New chief executive at Auchan Hungary

Jean-Paul Fillion founder and CEO of Auchan Hungary Ltd. leaves after sixteen years. Dominique Ducoux will took his place from the 1st of April 2011. Dominique Ducoux (49) works at...

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Tesco is also involved in the Earth Hour action

The Hungarian Tesco stores join the Earth Hour, in which on the 26th of March from 8:30 pm they reduce the lighting of their hypermarket and external for an hour...

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Henkel Award for the tenth time

The Henkel Art.Award, which is the art competition of Henkel Central Eastern Europe (Henkel CEE) celebrates its tenth anniversary. This year, Henkel expects the applications in painting, graphics, photo, video...

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Advent International to acquire Provimi Pet Food

Advent International, the global private equity firm, today announced that it has agreed to acquire Provimi Pet Food (“PPF”), a leading European manufacturer of pet food from Provimi Group, a...

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Pick Szeged wants to increase wages in spite of difficult economic situation

The leadership of Pick Szeged Ltd. have voiced their definite intention to increase wages, in spite of the demanding economic situations. Therefore, the management finds it deplorable that that the...

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Cosmetic Industry delighted with BEAUTY INTERNATIONAL DÜSSELDORF

Exhibitors and visitors to BEAUTY INTERNATIONAL DÜSSELDORF closing on Sunday were once again delighted by this leading fair for professional cosmetics. Over 100 specialist events on the four focal points...

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VHT – do not protest, but they want a controlled VAT-reduction

The Livestock and Meat Association and Productcouncil (VHT) does not agree with the protest planned for 30th March in Kossuth tér, Budapest, which is organized by the Association of Hungarian...

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The retail trade turnover repeated the performance of last year's January

This January, the turnover volume of retail stores – on the basis of the calendar-adjusted data – was similar to the January of the previous year. According to the seasonally...

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Globally, sugar prices are decreasing

While in Hungary processed sugar prices are much higher than in the surrounding countries, at the world's commodity exchanges, the price of raw sugar and white sugar is on a...

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Japanese import foods are not contaminated by radiation

According to the previous studies: Japanese foods imported into the European Union are not contaminated by radiation. ” We did not find anything ” – said Frederic Vincent, consumer protection...

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