News and articles

Slovenian trade network expands in Croatia

The largest Slovenian trade network, the Mercator buys its Croatian competitor, the Getro supermarket chain. Under the agreement, 16 Getro businesses will be purchased with the company name and the...

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Slovakian koruna will disappear next year

From January next year, one should not be indicate the prices in koruna on the Slovakian retail market in, only need to be indicated in euro. The Slovak retailers claim...

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More stimulus is needed – said Nobel laureate economist

Joseph Stiglitz laureate economist again expressed pessimism. In his opinion the U.S. economy may drop back in the second half of 2010. The government should work on a second stimulant...

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At the end of year 15 million bottles of champagne consumed

In Hungary, around 30 million bottles of champagne is sold annually, roughly half of this consumed by the end of the year, during the Christmas and New Year shopping period....

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The December turnover is just like the 5-6 years earlier

According to the National Trade Association’s (OKSZ) communication; December’s trade turnover fell to the 5-6 years earlier level. The volume of goods decreases since 2007. In December, the total trade...

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Sausages rush in November and December, 5 thousand tons sold last year

Accdording to Nielsen market research company; Close to 5 billion HUF, approx. 5 thousand tons of sausages were sold in November and December last year. Thus, 19 percent of the...

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GKI’s short-term index is on its last October level

The sharp increase of GKI’s short-term index continued in December, after a halt in November. The index is increasing since May, except November. The consumer confidence index -after a strong...

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Hungarian farmers can suffer the worst among EU farmers

According to EU's statistical office, the Eurostat; in the 27 Member States of the European Union a 12.2 percent reduction had been occured in the per capita income in the...

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Cocoa and coffee deficit may come

On Friday, the future quote of cocoa decreased by more than 5 percent in New York, losing its whole exchange-rate gains of December. The price of cocoa is still in...

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BRIC: the new global pole

Eight years have passed since the Goldman Sachs (GS), first used the term BRIC. The BRIC is the joint of Brazil, Russia, India and China in order to play a...

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Brazilian turkey on British tables

The Christmas turkey travels more than ten thousand kilometers to the table of British families. One of the largest supermarket chain, the Asda transports the birds from Brazil, to Great...

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Mainly the fall in domestic demand caused the decline in GDP

Calculated on constant prices the domestic household consumption expenditure in the first nine months declined by 8 percent, that strongly affected the drop in gross domestic product (7.1 percent) in...

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Panorama of the city market premises

Budapest downtown’s business premises market was afraid of the highest proportions vacancy of the last 9 year, a half year ago. According to the survey of Ecorys Magyarország; the crisis...

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In December, 30 percent of the annual quantity of fish consumed

Approximately 22-24 thousand tons will be this year's Hungarian fish production, which can be slightly higher, than last year’s– said Orosz Sándor executive chairman of the Hungarian Fish Producers Association...

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New urban mega-trends: digital bohemians and performance-oriented city dwellers

The Hamburg-based TrendBüro Social Trend Research Institute examined the latest urban lifestyle mega-trends on behalf of Nespresso, known best for its premium coffes. The life of a unique arrangement, the...

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Hungarian companies remain strong during the crisis

The Hungarian companies survived relatively positively the financial crisis – stated the Washington-based World Bank. "It seems that the Hungarian firms are the least affected by the financial crisis" –...

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Tesco spent 10 billion HUF on benefits

Tesco counts for a slight expansion in 2009, compared to the 602 billion HUF of the past year – said Antal Erzsébet the company's Chief Financial Officer on a Friday...

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Confident Germans, pessimistic French

The business confidence index in Germany increased better than expected, while in France decreased, despite an increase was expected. The Munich based Ifo Economic Research institute’s business confidence index increased...

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WOW – World of Whisky

Whisky or whiskey? The origin of the drink determines, how to write its name. This is also a key factor in the Wisk (e) y defining features as well. The...

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Lipton opens an Ice Park

The Városliget Skating Rink is closed, due to renovation. Lipton opens an Ice Park instead the former location for those who wish to skate. The 1400 square meters icepark is...

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Beside the Hungarians, the Croatians also purchase consciously

According to the GfK Hungária Market Research Institute; In Hungary, the Christmas shopping season weakenes from year to year, households rather select the lower-priced own brands and products. According to...

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Váci street is fifteen times cheaper than New York

According to the recent market analysis of CB Richard Ellis (CBRE) on the retail sector; The rents have fallen an average of one percent globally in the second quarter, compared...

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Tesco's product to comment online

Tesco’s and Vélemény.com web portal’s cooperation has launched. In the course of the cooperation more than 1,500 Tesco Color products were uploaded to the page, all of them are free...

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Hungarian managers are more optimistic

The Hungarian business leaders are more optimistic in December, about the country’s and their own economic prospects, than in September. Thus, only 40 percent of them think that the next...

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Coca Cola was also awarded by the public relations association

Coca-Cola Hungary has been included among the prize-winning companies' on the CSR Best Practice competition, announced by the MPRSZ (Hungarian Public Relations Association). Coca-Cola Hungary’s central element of the CSR...

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Arany Bika’s owner filed bankruptcy

Civis Hotels Ltd. filed for bankruptcy. The company is safe for a time from FHB’s liquidation procedure. The management said, that they are discussing with an investor who promed 35...

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Gift Card from Arena Plaza

The Arena Plaza started a trend, by launching the marketing of “Arena Plaza Gift Card” on 12th December 2009. The rechargeable gift card can be a solution for many people,...

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Ipsos: effective “surface management” in the spirit of ideal contact

The Ipsos outdoor optimization system, the Special Plus is available for the market participants since 2004. By examining the outdoor advertising devices it was found out that three-quarter of the...

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Cocoa and sugar prices are increasing further

The white sugar’s price was on its historical peak, cocoa price was on its 30 years of record level on Wednesday afternoon, which is mainly due to the weakening dollar....

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The Russians stock upload improves the results of Carlsberg

Carlsberg significantly revised upwards its forecasts for this year. The result was improved up to the Russian traders. The Danish manufacturer, expects 60 million USD more operating profits for this...

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