News and articles
The National Wine Competition will be held in Zala county
Date: 2012-05-08 10:05:06
The 33rd National Wine Competition will be held in the Zala Wine Region, between May 15 and 16 – told the organizer, the National Council of Wine Communities (HNT) to...
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GfK: retail sales increased in Europe, declined in Hungary this year
Date: 2012-05-07 14:14:12
The GfK market research institute lists Ireland, Portugal, Spain Italy, and Hungary among those countries, where retail sales will reduce this year, because of the debt crisis and the austerity...
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Poultry Product Council: sell the eggs in one kilogram packages
Date: 2012-05-07 13:40:32
The Rural Development Ministry (VM) told [origo] that they support the idea, that in the future, eggs to be sold in kilograms not in pieces. The Poultry Council initiated in...
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A professional organization is forming in the domestic retail
Date: 2012-05-07 13:30:36
The creation of a professional organization containing primarily Hungarian-owned chains is on the agenda for months. According to the informations of Népszabadság, the two largest national chains, the CBA and...
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Government decision is under preparation in order to boost the food industry
Date: 2012-05-07 13:25:39
The range of food businesses, which requires state intervention should be assessed. Restructuring loan schemes should also be developed to reach recovery – can be read in the government's draft...
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Kraft Food and TerraCycle work together for sustainability
Date: 2012-05-07 12:20:51
Kraft Foods, the number one food and beverage company in North America, announced a new partnership with TerraCycle, an upstart upcycling company that takes packages and materials that are challenging...
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Henkel shows latest innovations at the Drupa 2012 fair
Date: 2012-05-07 11:43:45
Henkel will be showcasing its complete portfolio of products and technologies for the printing and packaging industries at Drupa 2012 from May 3 to 16 in Düsseldorf. The global leader...
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Program begins to collect chocolate packaging materials
Date: 2012-05-07 11:40:21
Kraft Foods Hungária Kft. the distributor of Milka launches a program to collect chocolate packaging materials for the first time in Hungary. In the scope of the action, called the...
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Online stores were forced to close in China
Date: 2012-05-07 11:20:30
Stores of nine online retailer's were closed down, because of corruption in China. The inspection of the Alibaba Group has found out, that the sellers bribed the employees of Taobao...
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Retail sales declined in the Czech Republic
Date: 2012-05-07 10:50:19
In March, retail sales fell by 0.3 percent in the Czech Republic, compared to the datas of the previous year – the Czech Statistical Office announced on Monday. In February,...
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Business sentiment in the euro area is on its 2.5 years nadir
Date: 2012-05-07 10:41:40
The business sentiment indicator fell to the two and a half year low point in the euro area in May – shows the data of the German Sentix economic research...
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A new era in employment
Date: 2012-05-06 20:09:35
The new Labour Law is to enter into force on 1 July 2012, making significant changes in the relationship between employers and employees. One of the changes is that in...
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Profi: improving the level of retail
Date: 2012-05-06 20:02:06
Profi Magyarország Zrt.’s owner is the Louis Delhaize Group. Profi appeared on the Hungarian market in 1989, establishing a food discount store chain from wholesale warehouses. Some of their units...
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Csemege-Match: quality groceries – comfortably
Date: 2012-05-06 19:59:47
Csemege-Match Kereskedelmi Zrt. is a member of the Louis Delhaize Group. Their Hungarian network consists of 113 stores with a floor space of 300-2,500m² and they have more than 2,000...
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Auchan: Hungarian products is the way to go
Date: 2012-05-06 19:46:58
French retail group Auchan opened its first Hungarian store in 1998 and currently has 12 units and 11 boutique rows, employing 5,600 people. Auchan Hungary’s turnover was HUF 230 billion...
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Lidl: more than 150 stores
Date: 2012-05-06 19:44:41
Lidl operates Europe’s biggest food discount store chain that is present in 27 countries. Lidl entered Hungary in 2004 with 12 stores and a logistics centre. Today they have 152...
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With two new central warehouses Reál plans expansion
Date: 2012-05-06 19:41:31
Reál’s turnover in 2011 was similar to their 2010 performance – the moderate growth was the result of inflation. At the end of the year Reál decided to build two...
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SPAR Hungary celebrated twenty years last year
Date: 2012-05-06 19:38:06
SPAR Hungary expanded further in 2011 and an important element of this expansion was the refurbishment of another 27 former Plus stores. Two new units also opened, one of them...
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CBA: Príma and Cent came to the rescue
Date: 2012-05-06 19:30:50
In 2011 the CBA network’s turnover was HUF 565 billion, surpassing the HUF 555 billion performance of 2010 despite the recession. CBA still has the most units among Hungarian chains,...
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dm-drogerie markt is in top form
Date: 2012-05-06 19:30:29
The first Hungarian dm store opened in Budapest in July 1993. Currently they have 256 units all over Hungary and employ 2,251 people. In the 2010/11 fiscal year dm’s turnover...
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Tesco’s revenue was above 700 billion
Date: 2012-05-06 19:27:10
In the 2011-12 fiscal year Tesco Hungary’s turnover augmented by 6 percent, thanks to innovations and to increasing the number of their services. Tesco Hungary’s gross revenue was HUF 705.2...
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Retail chain ranking 2011: Tesco, CBA and Coop are the top three
Date: 2012-05-06 19:23:36
Although the level of consumer confidence is strikingly low in Hungary (the lowest in the world: in the fourth quarter of 2012 it was 30 points when the global average...
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Trends, whys and answers – part 2
Date: 2012-05-06 19:11:31
If ten years ago the word ‘elite’ was written on a certain product, a significant proportion of people were willing paying to much more for it than for a similar...
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One billion pound revival plan for Tesco
Date: 2012-05-06 18:36:24
Tesco, the world’s third biggest retailers announced that the plan is ready to overhaul its underperforming (trading profit fell 1 percent) UK business. Chief executive Philip Clarke told reporters that...
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To invest – but how?
Date: 2012-05-06 18:19:09
We cannot hope for more investments and economic growth until the legal and fiscal environment becomes more stable. Investment activity also reduced because of lower domestic demand and the lack...
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Can we be hopeful?
Date: 2012-05-06 18:16:51
Here we are in our little country that is the centre of the world for us, but sometimes we forget that it is only us who feel this way. Therefore...
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Retail sales in the EU and in the euro area increased in March
Date: 2012-05-04 13:10:31
A turn took place in the euro area retail trade in March: the volume of turnover increased by 0.3 percent, compared to the previous month, when the decline was 0.2...
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The logistics center of Alföld Pro-Coop was implemented from half-billion HUF
Date: 2012-05-04 13:08:10
The storehouse base of the Alföld Pro-Coop Zrt. is ready with a 462 million HUF investment in Kecskemét. The European Union supported the project with 161.8 million HUF. With the...
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