News and articles

Eight-year-old Agárdi Distillery organises courses

From January 2011 Agárdi Distillery will start pálinka distilling courses for home-use distillers. On 7 October the company met partners to celebrate the company’s 8th birthday, where owner Tibor Vértes...

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HUNGERIT won the Superbrands award

The independent Superbrands jury congregated for the third time this year and decided that HUNGERIT Zrt. was worthy of the Business Superbrands 2010 award. At the same time, one of...

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Tappancs Szeged shared half of the donations they received

In May the Facebook members of the Pedigree Adoption Programme launched a campaign for improving the conditions at dog shelters: Mars Hungary offered to provide dog food and participants voted...

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dm to expand

New stores were added to the dm drugstore chain in Corvin shopping center, and dm also reopened its shop in Lurdy House. The dm drugstore chain expanded its network with...

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The newest plaza opens in Siófok in 2011

The construction work is scheduled to be completed later this year, the handing over of the trade center may take place in December 2011. In relation to one of the...

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Zwack – declining revenue and profit

According to the company's flash report, published on Thursday on the website of BÉT; The Zwack Unicum Nyrt. has reached 720 million HUF after-tax profit in the first half of...

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Successful Hoventa expo in 2010

Hoventa 2010 összefoglaló from Trade Magazin on Vimeo....

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German retail sales decreased further

In Germany, the decline of the September retail sales accelerated. After the 0.4 percent decline of August a 2.3 percent decline has occurred. Annual growth is 0.4 percent. On the...

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EU decision: more alcohol can be in the Hungarian wines

Brussels agreed that because of the bad weather, winemakers can increase the alcoholic degree of wines. A further nine countries, Germany, Slovenia, Austria, the Czech Republic, Belgium, Denmark, Slovakia, the...

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The impact of the pharmacy liberalization on consumers

According to the study of GKI-EKI Egészségügykutató Kft.; Because of the pharmacy liberalization, geographical and demographic constraints of the establishment of pharmacies have been terminated. The 19 percent increase in...

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Revival of the legendary Centrum malls

Centrum Store will be opened in five locations in Hungary: Miskolc, Eger, Kecskemét, Szeged and Pécs. In the next five weeks, the Centrum stores will return under their old name....

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A professional jury will select the online retailer of the year from 30 candidates

On the 21st of October 2010 the public vote for the Online Trader of the Year Award was ended, during which exactly 9,718 votes decided who will be among the...

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Tesco refutes

The National Labour Inspectorate (OMMF) found irregularities in several areas of the Tesco Stores Ltd., and thereby “several million forints labor fines expected” – told the National Labour Inspectorate to...

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KSH: unemployment data proved to be better than expected

Unemployment data published by the Central Statistical Office (KSH): Hungary's average employment rate for July-September fell to 10.9%, while the number of employed rose to 3,823,000, KSH said in the...

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The GVH fined 16 grain processor for 2.3 billion HUF

Because of their participation in cartel, causing losses to Hungarian consumers, the Competition Authority (GVH) fined 16 grain processor for 2.3 billion HUF – announced the Competition Authority on Thursday....

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Improved economic sentiment in the euro area

The European Commission's overall economic sentiment indicator (ESI) is rising for the fifth month in October, increasing from 103.2 points to 104.1 points, compared to the previous month. The positive...

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The sugar demand of China and India will cause sugar price increases

Acccording to the British Czarnikow institution; The demand for sugar will sharply rise in the next twenty years, but the production is unable to follow the demand. Mainly due to...

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Tesco may be fined for millions of forints

The exact amount of the penalty will be disclosed later. The National Labour Inspectorate (OMMF) found irregularities in several areas of the Tesco Stores Ltd., and thereby “several million forints...

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This year, the meat will not be more expensive

In Hungary by the end of the year, meat prices are not expected to increase, but in the first or second quarter of 2011 an increase in prices may come...

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Two new Starbucks will open this year in Budapest

According to the informations of Pénzcentrum.hu two new Starbucks will be opened in Budapest, this year. The first will begin operation in November, in downtown Pest. The café is situated...

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Cerbona at the edge of bankruptcy

The Székesfehérvár-based Cerbona Co. will held a general meeting on the 10th of November. According to the management; several of its financing banks of the company's terminated the contracts. This...

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Hungarian success by Mirelite-Mirsa at SIAL

Trade Magazin, being a part of the international SIAL d'Or jury, offers its partners every year the possibility of introducing HUngarian products within the compass of the tradeshow. This year,...

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Praktiker: declining turnover, improving results

According to the quarterly flash report of the Praktiker Bau- und Heimwerkermärkte Holding AG; Praktiker has increased its results, despite declining turnover. The company could increase its revenue on the...

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Online trade: Teszvesz and Vatera about to merge

TeszVesz.hu and Vatera.hu, the two major Hungarian online auction portals are about to merge on 1st November this year. The two portals will switch to the name Allegroup.hu Kft, but...

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The Winegrower of the Year will be selected soon

The Winegrower of the Year will be selected within the compass of the sp-called Borest (Wine-evening) at the Wine Academy on 3rd December this year. This competition is the most...

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HUngarian wine-success at Dutch competition Proefschrift Wijnconcours

Merengő 2008 from Eger's St Andrea winery won the platinum award at the Amsterdam Proefschrift Wijnconcours, the biggest wine competition in the Netherlands, on October 10. This means that this...

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The consumer-friendly logo comes in two years

According to the Director-General of the The National Consumer Protection Authority (NFH); the consumer-friendly logo system would be launched in two years. From the first of January next year, the...

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Customers stormed the Corvin: more than 30 thousand visitors on the first day

Hundreds were waiting in front of the gates of the Corvin Shopping Center, that is located on the Corvin Promenade. Hungary's newest shopping center, has successfully opened its doors to...

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45 percent of the employers are planning wage increase for next year

According to DGS Global Research; For 2011 45 percent of employers are planning an average 4.9 percent payment increase, while last year only 37 percent planned an average slightly larger,...

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