News and articles

A rich Christmas is expected in Germany

The Germans spend a total of 76.9 billion euros on Christmas gifts in November and December this year, 2.5 percent more than last year. According to the HDE retail association;...

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Lidl continues the offensive

It is planned, that fifty Lidl stores will be opened in Bulgaria, until February 2011 – reports Bloomberg. According to Milena Dragiiska, Bulgarian leader of the chain; Lidl would like...

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Interview with Lászkó Kovács, president of MVI – video

As we have pointed out before, the board members of the MVI (Association of Hungarian Caterers) have been elected on Monday, 15th November. President Tamás Háber, who has been in...

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Spar, Pick, Coca-Cola – authenticity, recognition, responsibility

According to the results of the second annual survey of B & P Braun & Partners Reputation Rating; The reputation of food companies in each of the five dimensions proved...

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The opinion of the CBA and the Spar differ over the special taxes

The retail sector has never belonged to the highly profitable sectors, not even compared to the food production– said Feiner Péter,the chairman of Spar Magyarország Kft., in an interview in...

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Product creditors are optimistic before Christmas

Similar or slightly stronger than last year’s product credit season is expected. Product crediting is beyond the nadir – says Balog Gábor, Head of Department at Cetelem Bank's marketing department....

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One-third fewer fruits and vegetables have grown this year

Because of the extreme weather conditions, about 30-35 percent less vegetables and fruits have grown this year in Hungary, than usual – told Mártonffy Béla, Executive Director of FruitVeB to...

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Tesco has 800 Hungarian suppliers already

Tesco expands the scope of its Hungarian suppliers. The retail-chain contracted with 40 new suppliers in October. Tesco Global Stores Ltd. expands the scope of its Hungarian suppliers, to increase...

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Bakers want more from the chains

Bakeries believe, it is necessary to increase the transfer price of bread, because their costs have risen again – told Werli József, Secretary General of the Hungarian Bakers Association to...

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The lack of credit inhibits the growth of world trade

The lack of credit can be a significant impediment of the expansion of global trade, and hits especially the poor countries – said the Chief Executive of the World Trade...

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Unilever buys a cosmetics company for 1.2 billion euros

The European Commission's competition authority has contributed to the earlier plans, that Unilever will acquire the European cosmetics business of Sara Lee. The 1.2 billion-euro transaction, among other things, meaning...

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China blames the U.S.A. for the 62 percent vegetable price increase

The Chinese consumers blame the United States, because food and other consumer good prices recently increased in the country. According to official datas, in the first ten days of November...

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A new product, available in Hungary, won a new award

Dove VisibleCare showergel won the award Prix de Beauté 2010. even though the product was just introduced this year. The Prix de Beauté issued by magazine Joy goes to famous...

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Economy is regaining strength, but international confidence is melting

According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, economic growth in Hungary will be around 1 percent this year. In the 2nd quarter the Hungarian economy bettered...

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The social expectation puts more Hungarian products on the store shelves

The products of the Hungarian agriculture are still not on the “right shelf” in the major commercial chains – shows the research of the Corvinus University. Although slightly more than...

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Kométa about to get involved with more investments in Hungary

The fact that Kométa has won a Superbrand Award is a reflection of the company's strategy and preference of quality. “The products of Kométa 99 Ltd. have won several awards...

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Yet another Hungarian director at the leading fruit juice producer of Europe

Marianna Bartos, new HR director of Eckes-Granini Group started working at the company in this position on 1st October 2010. Marianna Bartos finished her studies at ELTE-BTK, and worked in...

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Sink hygenie: 30-40 percent reduction of expenses

Reducing environmental impact is essential to a sustainable future. Kimberly Clark recognizes the solution requires us to consider more than just what the product is made with. That's the company...

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The First Hungarian Food Trade Consortium will help the small rural shops

The market philosophy of the consortium that the generated profit from the product should be handed out in proportion between the producer, the wholesaler and between the small shops. It...

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Hungary is in the middle of the field in retail real estates

While in the second quarter of 2010, the Central and Eastern European commercial real estate investment volume was 2.04 billion euros, in the third quarter it was a total of...

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Kométa expects 20 billion HUF revenues for this year

The revenue of the Kaposvár-based Kométa ´99 Zrt. (Kométa) will be around 20 billion HUF this year, compared with the 22 billion HUF of last year. The company plans to...

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Euro area inflation: close to the 2-percent limit

The strongest consumer price increase rate occurred  in October, since November 2008 in the Euro area: 0.4 percent, compared to the previous month, and 1.9 percent, compared to the previous...

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Borsodi expects five percent price increase for the next year

From 2011, the Borsodi brewery plans a 1-3 percent average revenue growth. Although the Hungarian beer market has showed a 8-9 percent decline in 2010, the company expects to repeat...

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Adidas expands in China

Adidas plans a major expansion in China. The German company will build-out a shop network consisting of 8 thousand businesses in the Asian country. In the next 5 years, the...

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Midnight discount action in the Romanian malls

Thousands of shoppers stormed the Kolozsvár-based Iulius Mall shopping center on Sunday night. The huge midnight price reductions attracted the people to the mall – reports kronika.ro. At the same...

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E-merchants of the years are using Scarab Research

tAll three winners of this year's Online Merchant of The Year Award use Scarab Research product analyzer system. The first prize was won by Bookline.hu has been a successful user...

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The 11th Hungarian Wine Marketing Conference will be held in Sopron

On the first Thursday and Friday of December, the 11th Hungarian Wine Marketing Conference will be held in the Hotel Sopron. A special wine competition will be linked again to...

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The major market trends forecast significant food price increase

The Advocacy Producer Associations expect a significant increase in the price of basic food. The chains can hold back price increase with cheap imports. The crisis tax also tends towards...

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Starbucks: The most ethic and the best

The experts of Allegra Strategies once again awarded the “The most ethic Company” award to the Starbucks, in addition the company also won the “Best café” award, both in Europe...

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If the Metro 4 will be completed, a shopping centre to be built

Futureal is ready for the implementation of the long-time planned Etele Square shopping center, but the timing depends on when the Metro 4 will be finished – said Futó Gábor,...

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