News and articles

Ikea closed a very successful fiscal year

FY10 sales grew by 7.7% to €23.1 billion. The IKEA Group net profit for FY10* increased by 6.1 % to 2.7 billion Euro, compared to the previous fiscal year. The...

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Carrefour's revenue is higher than the annual Hungarian GDP

In an environment he describes himself as “difficult,” Carrefour successful performance to exceed the consensus of analysts. The fourth quarter 2010, posting a turnover of 27.128 billion euros against 26.908...

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U.S. retail is growing for the sixth months

According to the Friday communication of the Ministry of Commerce; U.S. turnover increased by 0.6 percent in December 2010, compared to the previous month, while analysts expected a 0.9 percent...

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New enterprise management system at Hell Energy

Hell Energy Hungary Kft., Hungary's leading energy drink manufacturer will carry out its enterprise management by using the SAP IT system. Although the economic crisis had  a smaller effect on...

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Cornexi mueslis are coming again

Cornexi Food Ltd., producing traditional muesli bars, was established in 1996, and was relaunched in 2009 with new oweners. The company produces breakfast muesli bars in good quality, in 8...

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Charity action by SPAR and Maltese Charity Service was a success

A new record is set now, the “Pleasure to Give” charity event helped to collect 140 million tons of food for families in need in SPAR outlets. This charity action...

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Charity offers by Tesco-customers within the Christmas-season

More than 38 million HUF was offered to families in need. Tesco worked together with HUngarian Red Cross, Magyar Ökumenikus Segélyszervezet, Magyar Élelmiszerbank Egyesület and Ringier media company to help...

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No eggs in Hungary are contaminated with dioxin

The Agricultural Office has closed its audit to scen eggs in Hungary, including eggs deriving from Germany, and it was found that none of the eggs examined were contaminated with...

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Agricultural producer prices grew by one-thirds

In November 2010 the producer price level of agricultural products increased by 31% compared to the corresponding month of the previous year. More specifically, the price level of crops and...

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Crisis tax for multinational companies is a necessity and legal

Hungary offered a wide range of corprate tax relief since the change of the system in the early nineties, which even hindered Hungarian companies – however, throughout the years it...

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Chief Veterinary Officer confirmed the news: no dioxin-contaminated eggs in Hungary

Hungary has not received dioxin-contaminated eggs – Endre Kardeván, Chief Veterinary Officer of the Ministry of Rural Development (VM), has pointed out after the news about dioxin-free eggs in Hungary...

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All three egg-samples of SPAR proved to be dioxin-free

.As it is already known, The Agricultural Office has carried out an audit of eggs in one of the outlets of SPAR Hungary Ltd on 8th January 2011. The eggs...

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Companies revenue stagnated

37 percent of 2500 companies researched within the compass of Marketing Commando's survey in January 2011 have closed a higher revenue in December 2010 than they did in the previous...

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One of the world largest manufacturers of caps for beverage containers moves on to Hungary

Bericap Capital, one of the world's largest manufacturers of caps for beverage containers, will spend HUF 1.5 billion at its Hungarian plant this year to meet high demand, Napi Gazdaság...

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Crisis taxes will end in 2012

The crisis taxes will end after 2012 but the government plans to negotiate a new system with the affected sectors which would generate about half of the revenue from the...

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Weather destroyed Tesco's Christmas

Tesco Hungary has closed a rather unsuccesful Christmas-season, which naturally led to the decrease in revenue and stock exchange. Supermarket giant Tesco today blamed weeks of snowy weather for only...

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GKIeNET: smartphones are catching up

Smartphones are catching up when it comes to online purchases. Now the usage of these devices has reached 1.5 percent of all e-purchases, which is a significant step ahead since...

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Illegal beverages caught in Hungary

An illegal network of alcoholic beverages producing factory has been caught by the National Tax and Customs Board on Wednesday. Employees of the authority have checked six houses and found...

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Dioxin found in pork in Germany

Germany's poisoned eggs scare has now spread to pork with investigators reporting raised levels of cancer-causing dioxin in pigs at a farm in Lower Saxony. This follows on from an...

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Companies in Hungary are not willing to work with young mothers

Sorry, this entry is only available in HU....

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UN, EU, G20: the whole world is worried about food prices

The UN Food and Agriculture Organization drew attention; that the price of the basic foods reached record highs in December 2010, which may lead to fear of inflation, protectionism, and...

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The poultry Product Council wants 8-12 percent wholesale price increase

An 8 to 12 percent wholesale price increase would be needed to re-restore the profitability of domestic production – that can be read on the website of the Poultry Product...

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The MOSZ supports the “Original Hungarian Food” sign

The National Federation of Agricultural Cooperators and Producers (MOSZ) supports the introduction of the “Original Hungarian Food” marking – said Tóth István, secretary of the MOSZ. He added that discussions...

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Europe's largest economy grew by 3.6 percent in 2010

German Gross Domestic Product (GDP) grew by 3.6 percent in 2010, compared with a year earlier – said the German statistics office on Wednesday. According to the communication of the...

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Last year, cereal production fell by 9 percent

Last year, 12.3 million tons of grain was produced on nearly on 2.6 million acres, on 11 percent smaller area than in the previous year. The yield decreased by more...

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France reclaimed the first place

Once again, France was the world's leading wine producer in 2010, after a year earlier Italy overtook it – shows the analysis of IWSR  market research institute. Although wine producing...

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India is already concerned about rising food prices

Manmohan Singh, Indian Prime Minister has convened an extraordinary government meeting on Tuesday, in order to deal with the alarming rise of food prices. On the meeting, that was held...

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The Saturn and Media Markt are no longer to “pull” Metro?

The Saturn and Media Markt chains were the pulling force companies of Metro Group, but in 2010 the two companies' earnings have stagnated, customers migrated to the Internet. The different...

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Vinexpo 2011 – list of programs

Vinexpo sets the wine and spirits industry the challenge of invigorating its markets at its Bordeaux exhibition from 19 to 23 June 2011. Everything has been arranged for the international...

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Honey infected with antibiotics on the Hungarian market

Honey-samples from Heves county are still being examined – daily paper Heves Megyei Hírlap learned from food safety and animal health board chief veterinary officer Dr József Eperjesi. The honey-controll...

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