News and articles

Increasing Danone profits rising prices

Danone expects raw material price increases this year. The world's largest yogurt producer would like to offset the effect, with the reducing of costs and with the raising of consumer...

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Szentkirályi is still a market-leading mineral water

Szentkirályi Mineral Water is still a market-leading berand, in spite of the decline experienced on the market. In spite of all obstacles, Szentkirályi realized a 5.35 billion HUF turnover last...

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FMCG round table discussion about up-to date legal issues

PwC and Réti, Antall és Társai Ügyvédi Iroda Pricewaterhouse Coopers Legal is doing a round-table discussion for participants of the FMCG-sector on 22nd February 2011. The title of the event...

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The coffee market players prepare for price increase

The largest German coffee roaster, the Tchibo wants to raise its prices by 50 cents in the end of February. This step would increase coffee prices with nearly ten percent....

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SPAR will not construct a new meat plant, because of the crisis-tax

The building of the second meat plant  was removed from the schedule, due to the introduction of the crisis-tax, though the plant of Bicske transports Hungarian pork to the Czech...

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BASF is optimistic about the future

Vincent Gros, leader of BASF's Agrodivision Europe Group is optimistic when it comes to the future of agriculture. The company's annual conference took place in the Millenáris Park, in the...

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The villányi Serena is Europe's best white wine

The Decanter magazine has chosen the Villányi as Europe's best white wine. Like all great wines, the Serena was also born in mind – stresses Malatinszky Csaba, winemaker. The grape...

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According to a denouncement the trade-union members of Tesco were observed

The leaders and members of Tesco’s Independent Trade Union of Workers were observed – can be read in the denouncement, which was carried out against unknown perpetrator for the abuse...

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McDonald's may pay an enormous compensation

A Chicago woman has filed a 600 thousand USD lawsuit against McDonald's because she suffered painful and permanent injuries, after she bit into a McChicken, that contained broken glasses. Vjolla...

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Cartel suspicions: German food retail giants under inspection

The German Federal Cartel Office investigates whether the German food retail giants abuse with their dominant position. The buying practices of Aldi, Edeka, Rewe, Lidl and Metro against the small...

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The price increase of agricultural products was led by grain and vegetables, potatoes and fruits

The level of agricultural output prices in December 2010 was 29.0 percent higher than a year aerlier – reports the Central Statistical Office (KSH). In particular, the price level of...

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Hamburger tax: a few per cent price increase can drastically discourage the consumption of the product

Many countries have imposed special taxes on junk food – told Lőcsei Tamás, Partner of PricewaterhouseCoopers to Inforádió, on the similar plans of the Hungarian government. Lőcsei Tamás stressed that...

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Fifteen thousand visitors at the Craft Hungarian Taste Fair

Fifteen thousand people visited the Craft Hungarian Taste Fair (Kézműves Magyar Ízek Vására) at the Budapest Millenáris. During the three days, around 100 million HUF worth masterpieces of the Hungarian...

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The restaurant offers pálinka and other hungarikums

Panyolai Catering Ltd. opened a restaurant in Budapest offering pálinka and other hungarikums supply. Csonka István, Executive of the Panyolai Szilvórium Kft, told that the restaurant was renovated from 10...

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Japan confirmed that China is the world's second largest economy

The recently published datas of the Japan Prime Minister's Office shows that the Chinese economy is the world's second largest economy, surpassing Japan. In 2010, Japan's nominal GDP was 5.474...

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The quantity of the Czech beer brewing decreased to the levels of the late 80s

Last year, 17.1 million hectoliters of beer was brewed in the Czech Republic. This is the smallest quantity, since 1989. Compared to 2009, an eight percent decrease occurred. The result...

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Tolnatej Zrt. develops from 2 billion HUF

The Szekszárd-based Tolnatej Zrt. plans a 2 billion HUF development, that after the technical development of its concentrator plant will produce an annual 3.000 thousand tonnes of salt-free whey –...

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The day of lovers and traders

Although the 14th of February belongs to the lovers, traders like Valentine's day as much as lovers do. An average inhabitant of Vienna spends 34 euros on Valentine's day, the...

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RAUCH Pick&Win prize show's winner received his car

The winner of a Volkswagen Polo car is Ferenc Finta from Győr, the prize game was launched by Rauch IceT. More than 150 thousand text messages were sent to Rauch...

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Theodora is the official mineral water of the EU-presidency

Starting from January, the official spring water of the rotating EU-presidency is Theodora by Kékkúti Ásványvíz Ltd. The characteristic mineral water derives from the Balaton-region, and is also featured on...

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Berlinale and food meet

“Give Food a Chance” is the motto of the 5th Culinary Cinema of the 61st Berlinale. It will be held from February 13 to 18, 2011. Twelve films about food...

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Best callcenters to be chosen in 2011

The Best Call Center of the Year Award reaches out to the best Hungarian phone-based helpers every year. The competition was founded 3 years ago, and the event is organized...

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Hamburger tax: “no unhealthy food, just unhealthy nutrition”

The hamburger tax was not firstly proposed by the government, but it was suspected that they like the idea – said Csontos Csaba, Corporate Relations Director of Nestlé Hungária Kft....

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The state and the multinationals are also responsible for the gridlocks

Everyone condemns, but substantive measures were not taken to eradicate – sums up Coface Hungary its opinion over gridlock. According to the company, dealing with credit rating and claims management;...

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An additional two million cardholders can buy on the net

According to the datas of the central bank; currently 2.9 million Maestro credit cards are under usage in Hungary, it is the 32 percent of the whole cards, and 40...

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MSSZ: The ministry lost the battle German pork-dumping to come

According to the Hungarian Pig Association (MSSZ); the withdrawal of the dioxin-regulation may result in further significant losses for the industry players, caused by German meat dumped prices. Many of...

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Zwack’s revenues decreased by fifteen percent

The gross revenue of Zwack Unicum Nyrt. was 17.541 billion HUF in its first three quarterly activity in the 2010-2011 fiscal year. This is a 14.9 percent lower value, compared...

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One and a half billion alliance of the poultry producers

With a nearly a half billion investment, poultry producers joined forces in order to build a poultry proccessor in Pacs, Zala county. Rural Development Minister, Fazekas Sándor also took part...

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Kraft Foods to raise prices

According to the communication of Kraft Foods; in the fourth quarter, the raw materials purchased by the company increased  by 500 million dollars. Kraft has already raised the price of...

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Serious corn deficit in Hungary

There is a massive export of feed grains isn Hungary right now, therefore there is a strong and urgent need for state laws about the regulation of the amount of...

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