News and articles

Cerbona under liquidation

The Cerbona Board decided beside liquidation, since the company faces serious liquidity problems in recent years, that were further strengthened by the crisis and the changes in the market. The...

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Exchange war can be changed into a trade war, warns the Finance Minister

The Brazilian Finance Minister Guido Mantega warns that the world is full of “trade war” to hold. According to the Minister of Finance; the United States and China are among...

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Adidas, does not want to overtake Nike

Within five years, Herbert Hainer, Chairman and CEO of the Adidas Group would increase the turnover of the company by 50 percent to 17 billion euros. “Greatness is not all”...

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The young winemaker of last year was voted on the internet

The online voters have chosen Demeter Csaba of Eger as the young winemaker of 2010. About four thousand people participated in the online voting. The recognition was handed over the...

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Wizz Air did not have a good year

Last year was not a “framatically good” year for airlines, and the same applies to Wizz Air, too: the company hopes that 2011 may turn out to be better, no...

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DuPont announces binding offer for Danisco

Danisco A/S has received a binding offer from DuPont. Danisco’s Board of Directors recommends this offer, which we believe represents a strong value proposition to our shareholders and is in...

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OBI cooperates with WWF

“The 11th January OBI Hungary and WWF Hungary launch again their successful beaver class program series, which allow about 2600 primary school students from 16 cities to learn about the...

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Prize-show my HAAS over

A pensioner from Gyula has won the prize-show of HAAS Ltd, namely a brand new Ford Fiesta. Other prizes included 100 pendrives and 10 Haas-branded bicycles....

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Goldman Sach: growth in 2011

The world economy can expect another strong year of growth in 2011, according to our annual economic forecast. The United States can expect substantial acceleration in real GDP growth over...

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GfK Hungária: declining consumer confidence

The value of the Consumer Confidence Index, decreased in the last quarter of 2010, compared to the previous growth, just like the consumer expectations index, which fell by 34 points,...

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The largest CBA-outlet of Szeged closed

The largest Szeged-based CBA-outlet has just closed this week – newspaper Délmagyar has published on Thursday. The information was announced in the form of a note attached to the front...

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German newspaper opinion: the surtax do not discriminate the foreign companies

Handelsblatt has published a commentary over the surtax on Friday. According to the correspondent of the German economic and business daily; the German Minister of Economic Affairs became the servent...

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Critical situation in the pig sector

The Hungarian Association of Pig Breeders (MSSZ) told that the pig breeders are ready to demostrate, because of the critical situation of the Hungarian pig sector. The price of live...

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100 million to promote local wine culture

Agrármarketing Centrum (AMC) published an open tender invitation, on the basis of the proposal of the Wine Marketing Commission (AMC), on the implementation of  “local small projects”, that are promotes...

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Tesco Hungary’s Chief Executive leaves

Per Bank will continue his work in England as a Director of Procurement – reports Magyar Nemzet. Per Bank has recently talked about plans to open 30 new stores open...

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The dioxin-contamination flooded Lower Saxony

Dioxins were not only found in chickens and eggs, but pigs were also infected with it. Due to the risk of dioxin-contamination, almost five thousand farms are being closed in...

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Euro zone’s economy increased by nearly 2 percent last year

The euro zone's economic growth declined more than estimated during the third quarter of 2010- reports Eurostat. The revised data shows that, the quarterly growth was 0.3 percent, while the...

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The revenue of Praktiker reduced

According to preliminary datas; the sales of one of Europe's largest DIY store, the Praktiker decreased by 5.9 percent – below 3.45 billion euros – last year. The fourth-quarter sales...

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Counterfeit drugs at retailers

n Nigeria, the National Agency for Food and Drug Administration and Control (NAFDAC) has carried out an operation to identify fake pharmaceutical products in retail outlets using Thermo Fisher Scientific's...

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Ted Williams Kraft commercial premiere is on

A week ago, Ted Williams was another downtrodden guy panhandling along the interstate that snakes through Columbus, Ohio. Today, he’s only the most famous dude in America. And get this:...

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Not much is known about the most popular breakfast drink

Even though two-thirds of Hungarians drink coffee on a daily basis, there are plenty of misbeliefs linked to instant coffee. Only 16 percent of those asked are aware of the...

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No uniform rules for FMCG-packaging exists in Hungary

Tere is no fixed consumer protection law for the packaging of various products, including FMCG-products: there are no requirements to indicate data like origin, producer ingredient etc., which may lead...

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Product placement will increase the revenues of TV channels

The media act allows product placement from January in a number of television programs, so – despite the fact, that the channels must warn the viewers – it will be...

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The dairy farmers received 25 billion HUF support last year

The producers of the milk sector received 15 HUF per kilogrammes support in 201 This amount is almost double of the support of 2009 – said the Ministry of Rural...

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Man of The Year: Engelbert Liegl in logistics

Every year, the logistics journal Navigátor appoints the “Man of the Year” on the Hungarian forwarding scene. In 2010, the prestigious award went to Austrian-born Engelbert Liegl. The 44-year-old managing...

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The special taxes may fail

According to experts; the taxation of the telekom sector is a clear violation of the EU laws, and problems may occur with the taxes imposed on the hypermarkets, because of...

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In Hungary, there are no dioxin contaminated eggs

Hungary did not receive from those import poultry meats and eggs, that were contaminated with dioxin. Holger Eichele, spokesman for the German Ministry of Agriculture told that the dioxin contaminated...

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The sugar factory of Kaposvár operates with biogas

In the only sugar factory of the Magyar Cukor (MC), Inc. in Kaposvár such a post-fermenting department was built with EU support, that covers half of the energy demand of...

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New logo at Starbucks

One of the world's largest coffee chain the Starbucks has changed its logo, however, the green color has remained. One of the world's largest and most famous coffee chain the...

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Eurozone’s retail trade fell unexpectedly

Retail sales of the Eurozone showed a decrease unexpectedly in November. A fall occurred in both the food and non food products. The most pessimistic expectations were only about stagnation....

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