News and articles

Grüne Woche: Hungarian products introduced

International Green Week Berlin – Grüne Woche – proved to be a successful event again, with plenty of Hungarian products being introduced to the world between 21st and 30th January...

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GKI: Waiting for the package

According to the forecast of GKI Economic Research Co., economic growth in Hungary will pick up in 2011. External demand will increase at a lower rate than last year but...

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Corvin shopping center: 100 days, at least two and a half million visitors

The Corvin shopping center opened its gates on the 27th of October 2010. Even in the first week, the shopping center received about two hundred thousand visitors. Since the successful...

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The MOSZ would easen the feed shortage from the grain reserve

The feed shortage should be easened from the grain reserve, specifically for livestock farmers – said Horváth Gábor, the Secretary-General of the National Federation of Agricultural Cooperators and Producers (MOSZ)...

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To choose a partner is particularly important in the SME sector

This year it is expected, that more than the 3 percent of the domestic firms will become insolvent. Because in the small business sector, customer relations affect mostly the economic...

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Fornetti vs. Fornetti, parties see different the the reason of the break

The Kecskemét-based Fornetti Ltd. extraordinary terminated the contract with its master franchise partner, the Fornetti PANNON operating in Igal, however, the positions of the parties do not agree on the...

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Coco House’s Christmas fondant manufacturing plant is under construction from EU support

The Keszthely-based Coco House won EU support – told the West Pannon Regional Development Agency (NYDRFÜ) on Friday to MTI. With the acquisition of the advanced manufacturing and packaging machines,...

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Pepsi is the leader at the Russian dairy and fruit market

The PepsiCo, has completed the first stage of the privatization of Russia's largest milk and dairy producer, the Wimm-Bill-Dann (WBD), by acquiring the 6 percent of its shares – announced...

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German consumption is expected to grow significantly

In Germany, the growth of public spending is expected to be threefold this year, compared to last year – shows the forecast of the GfK German market researcher. According to...

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New communication director at SPAR

István Fehér is the new communication director of SPAR Group. The expert has completed his studies at the Budapest University of Economics, as an economist. Throughout te first part of...

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The last year of Hugo Boss was its best

Hugo Boss, almost doubled its after-tax profit, partly due to the fact that the German fashion company creates its own retail network. The demand increased significantly in particularly in China...

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No increase in the number of bank-customers in 2010

In the past 10 years, 2010 was the first year when banks have not gained a significant number of new customers. Still 82 percent of the adult population has a...

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A stabilized market of cosmetics and household chemicals

The market for cosmetics and household chemical products stabilized. Retail trade turnover reached about 300 billion HUF last year, similarly to the results of the previous year. Plus 1 percent...

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Nearly one hundred businesses may be included on the positive consumer protection list

On the basis of the tests carried out in the past three weeks, nearly one hundred sales and service companies have chance to be included to the positive list of...

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There is a lot to improve in terms of innovation

The European Union could not catch up with its main international competitors and still below the performance of the United States and Japan – shows the so-called Innovation Scoreboard, issued...

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Hungarian-Slovak cooperation for the benefit of small farmers

Pozsony and Budapest, would like to achieve that the farmers, who are producing in the Slovak-Hungarian region could market their products on both sides of the border. Among other things,...

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FAO: the price of milk accelerates

The UN Food Organisation, the FAO states, that food prices have once again increased to record highs in January. The largest increase was measured in dairy products. The FAO food...

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Retail sales declined in the EU

According to Eurostat figures published on Thursday; decrease in sales was 0.6 percent, compared to the previous month, and 0.9 percent, compared to the previous year. Analysts expected a monthly...

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Unilever excelled at the developing markets

The British-Dutch Unilever group has increased profits by 15 percent in the final quarter of the last year, compared to the datas of  the previous year, mainly due to turnover...

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Egypt is driving up the prices of foodstuffs

The situation is not improving in Egypt: the clashes between the governmental and pro-government forces continued. The journalists are not safe to work in the vicinity of protests. Moreover, several...

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Power struggle increases the world price of cocoa

After Jamaica, Ivory Coast may be the next country, which may bankrupt. The African country gives more than one-third of world's cocoa production. The problem is that, because of power...

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Visa reported larger-than-expected profits

The global leader on the market of credit card payment services, the Visa Inc. increased its profits exceeding the expectations in the last quarter of  2010. The American company's after...

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Dr. Bernd Hallier is a Doctor Oeconomiae Honoris Causa now

The University of Economics (VSE) in Prague/CZ conferred upon Prof. Dr.B. Hallier the Honorary Degree “Doctor Oeconomiae Honoris Causa” in recognition of his outstanding contribution towards the development of retailing....

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Alliance is the only way out of the crisis

Alliance is the only way out when it comes to the current crisis – István Jakab, vice president of the National Assembly of Hungary pointed out on Thursday in Budapest,...

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Tesco's statement about tax paid by the company

An article published in hvgonline's www.adozona.hu website, written by Béres Molnár Gergely auditor and tax expert omits certain facts and tries to make Tesco-Global Áruházak Ltd. appear in a bad...

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New director at Borsodi Brewery

Dr. Zsuzsa Sükösd has just joined the management team of Borsodi Brewery as a new director. The expert has a wide range of expertise both when it comes to international...

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National Businessdevelopment Award is founded

Hungarian Businessdevelopment Association, Innováció Newportal and Businessdevelopment Portal decided to launch a series of conference within the compass of their event “Passionate Innovation – Competition and business innovation”. On the...

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A regulation will define what constitutes to be a Hungarian product

The concept of the Hungarian products will be defined in the food industry – said Kardeván Endre, Secretary of State of the Ministry of Rural Development, responsible for food chain...

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New commercial director at Danone Ltd.

Starting from January 2011, the new commercial director of Danone Tejtermék Gyártó és Forgalmazó Kft. is Przemek Gostkiewicz. Przemek Gostkiewicz is a Polish citizen. He started working in the FMCG...

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This year export expands faster than import again

Last year's record trade surplus was generated by the significantly increasing exports of the German economic recovery, and while analysts polled by MTI expect a decline in surplus this year,...

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