News and articles

Spirits market keeps on

The excise tax and VAT increase, did not shake the Spirits market. The datas of Nielsen market research co. show, that the consumer prices of bitters rose by 6 percent,...

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Thematic malls to come

An international consulting firm expert sees the 2010-11 future of the Czech retail market in thematic malls, that will offer the range of product by concentration, for example, only restaurants,...

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Euro zone’s manufacturing performance is above 50 points for the third month

Euro zone’s manufacturing performance increased to 51.6 points in December 2009 from the 51.2 points of November. The new orders index decreased to 53.6 points, compared to the preliminary 53.9...

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The Hungarian Wine Marketing Non-profit Ltd. is under liquidation

The owners of The Hungarian Wine Marketing Non-profit Ltd. decided on liquidation. The company's management indicated even in the summer, that their operational resources are not sufficient for 2009. Support...

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Kraft Foods sold one of its pizza division

Kraft Foods Inc. sold one of its pizza division to Nestlé SA, for 3.7 billion USD. With the selling of the business sector, Kraft Foods further improves its bid for...

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Without structural reforms

According to the Hungarian Chamber of Commerce and Industry (MKIK); 2009 was a wasted year in the aspect of economy participants – said Parragh László, president of MKIK. The biggest...

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SPAR: 118 tons of food in the ”To Give is a joy” campaign

Between 15th and 20th December 2009, SPAR supermarket’s stores gave place to the ”To Give is a joy” campaign of the Hungarian Maltese Charity Service for the 14th time. The...

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Asda came up with the “action of the decade”

Asda made another step, in the race of the British supermarket chains, when the company announced the action of the decade. It is a further pressure on Tesco, which will...

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New sales manager at Metro Commercial Ltd.

From the 1st of January 2010, Óvári György is the new marketing director of METRO Commercial Ltd. His predecessor, Zsombor Tibor continues his career as the Central and Eastern European...

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The average price of pasta slightly decreased

The annual retail sales of pasta exceeds 26 billion HUF, between December 2008 and November 2009, just like a year earlier. The shops sales are steadily over 52 thousand tons...

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The Hungarian corporate sector activity is bad

According to the recent Statistics on financial accounts released on Monday; the Hungarian corporate sector activity has never been so deep, as in the third quarter of 2009. The datas...

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SME Marketing Expo will be held for the first time

On 21st of January 2010 with the participation of more than a thousand SME managers, the first SME Marketing Expo will be held in Budapest. The speciality of the event...

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The French-Hungarian connection is buoyant, despite the crisis

The Hungarian-French Chamber of Commerce counting more than 200 members, aspires on to mobilize the French-Hungarian business community, in order to exploit business opportunities effectively. In the Hungarian economy, the...

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Pigsticker competition in Napkor

In Napkor, the 9th International pigsticker competition will be held on 9th January 2010, with pálinka, pork meat and stars. In the village of Napkor, located near Nyíregyháza from year...

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Free trade in Asia: 2 billion consumers

From the 1st of January 2010, Free Trade Agreement will come into term between China and the six ASEAN member countries (Indonesia, the Philippines, Thailand, Singapore, Malaysia and Brunei). The...

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Non-uniform treatment at card requests

The banks could refer on their own internal business rules at Széchenyi card requests, so there are no uniform criterias of the confiscation. According to a loan consultant; whole sectors...

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International cosmetic trade fair in Düsseldorf

This years’ ” Beauty International” cosmetic trade fair will focus on the new possibilities of beauty and skin care. The trade fair will be held in Düsseldorf, between 26 and...

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New CEO at Metro

According to the company's press release; from the 1st of January 2010, Peter Schweighofer is the CEO of Metro Commercial Ltd. Previously, for a half year, Jeroen de Groot led...

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Russians do not need chlorinated poultry

Russia bans the importation of chlorine clened poultrym, from the 1st of January – announced the leader of the Russian High Authority of Health. The decision does not affect the...

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Last year, the arable crop reduced by one fifth, compared to 2008

In 2009, in the case of crops, an average of more than 20 percent decline has occured in volume, compared to 2008 – said Gőgös Zoltán, Secretary of the Ministry...

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Excise tax increases by ten percent

After the 2009 excise tax and VAT increase, from the 1st of January 2010, alcohol and tobacco excise tax increase will occur again. The consumers will detect only minor price...

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Italian wine imports makes the living of wine producers harder

Slightly less than the annual average, about 3-3.5 million hectoliters of wine are in the cellars after harvest, while the domestic consumption of wine, according to estimations; are about an...

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Milk exports to Slovenia

From January, daily 25 thousand liters of fresh Zala cow milk will be transported from Füzvölgy and Miklósfa to Slovenia. The Fűzvölgy Agricultural Production Co. has signed a one year...

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U.S.A.: improving labor market prospects

The lowest unemployment benefits claimed in the United States for the first time since nearly one and a half years ago. Last week -seasonally adjusted – the number of new...

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UK online stores won on weak pound

According to the estimations of Moneybookers; 30 percent of French Internet customers, 22 percent of the Germans and Poles are purchasing in online UK stores. Moneybookers estimated that euro zone...

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Huge champagne campaigns in Western Europe

The economic crisis has shaken the champagne market as well: due to the the stagnation of the demand, traders are offering the luxury drinks on discount prices. In France it...

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Fradi beer from Nagykanizsa

The Green Beer debuted also on the Exhibition of 100 miracles (100 csoda kiállítás) surprisingly began conquest from Nagykanizsa, not Ferencváros. The Fradi fan inventor needed almost 3 years and...

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New commercial director at Wrigley Hungária

From the 1st of January 2010, Walter György will be the new sales director of the sales team at Wrigley Hungária Ltd. Hungary's leading chewing gum distributor, the Wrigley starts...

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Less spendings, more bank card usage

We spent less this year for Christmas, but used more our bank cards. The Christmas of 2009 is more modest than in the previous years – but we still spend...

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Hungarians are worried about the future of their children and their jobs

According to Nielsen market research company; The Hungarians’ largest problems are with job security and the education and prosperity of their children, as well as the rising of energy prices....

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