News and articles
Increased in value, in volume food store sales are stable
Date: 2009-11-05 00:07:01
The value of food retail sales rose by 3 percent, between December 2008 and September 2009, compared to the previous similar period, from the 90 product groups measured by Nielsen...
Read more
The profitability of the beverage industry is falling
Date: 2009-11-05 00:06:12
The VAT and excise duty increase was a severe shock to the domestic distillation industries: The main participants of the market only expects the keeping the turnover on level this...
Read more
The brand value of consumer goods has increased
Date: 2009-11-05 00:04:12
Europe's most valuable brand is the world's largest mobile operator company, the Finnish Nokia, the second is the French luxury manufacturer the LVMH group, while the third is the Belgian...
Read more
The first Microsoft Dynamics AX-based inventories and logistics system in Transylvania
Date: 2009-11-05 00:03:12
The Székelyudvarhely based Melinda Impex Instal, decided to introduce the Microsoft Dynamics AX based integrated corporate governance system developed by XAPT. The system includes transport organization warehouse and company management....
Read more
The Four Paws attacks again
Date: 2009-11-05 00:02:00
Animal and consumer protectors assessing the Austrian catering operators, because they use “lower-quality Hungarian goose-flesh”, instead of domestic products. Twenty-four percent of the Goose-flesh consumed in Austria is domestic product,...
Read more
Calories tax in favor of the public interest
Date: 2009-11-05 00:01:00
Unhealthy nutrition and obesity are becoming increasingly serious problem in the developed part of the world. It is no coincidence, that in the United States, sugary soft drinks, in Denmark...
Read more
New CEO at Kékkúti Mineral Water
Date: 2009-11-05 00:00:35
From the 1st September 2009, Henrik Gotterbarm is the new CEO of the market leader mineral water bottler, Kékkúti Ásványvíz Zrt. The German professional has been working at Kékkúti Ásványvíz...
Read more
Marks and Spencer starts selling branded foods
Date: 2009-11-05 00:00:12
According to the communication of the clothing chain; Marks and Spencer starts distributing food and household goods in its UK stores in the future, such as Kelloggs cereal, flakes Coca...
Read more
European Trade Day – for the fifth time in Hungary
Date: 2009-11-04 00:10:12
The European Trade Day was organised for the fifth time by the National Association of Entrepreneurs and Employers (VOSZ) together with a number of national advocacy organizations on 3rd of...
Read more
Successful presentation in Beijing
Date: 2009-11-04 00:05:12
Food and drinks presentation day was held in the organisation of the Hungarian Embassy in Beijing. Fourty-four Hungarian companies’ products were introduced in the Zhai Long hotel. The Chinese organizers...
Read more
Hungarian companies believe in late upturn
Date: 2009-11-04 00:05:08
According to the most recent survey of Coface Hungary Credit Insurance Company; the earliest date of the economic recovery can be in the second half of 2010. The leaders of...
Read more
Positive changes in the working capital loan program
Date: 2009-11-04 00:04:11
Commercial enterprises may also use the sources of the New Hungary working capital loan program, which is supported by the Hungarian Development Bank Ltd. The program was originally announced for...
Read more
Csányi Sándor bought Herz
Date: 2009-11-04 00:03:21
The Bonafarm Group which is the food industry portfolio of Csányi Sándor OTP Bank leader, bought the equipments of the Herz Salami Factory, after the Bonafarm Group made the best...
Read more
Mr. Tea visits Budapest: tea pavilions and a giant cup of tea in the capital
Date: 2009-11-04 00:02:11
Stephen Twining Tea Ambassador will visit Budapest on 7th of November. The tea enthusiasts and those who interested, can meet “Mr. Tea ” in the MOM Park shopping mall, and...
Read more
Finally, the producer pays instead of the ”black market”
Date: 2009-11-04 00:01:55
According to Hungarian Chamber of Agriculture; On the stagnating cereal market the ”black traders” are gaining profit. Usually tricking with the VAT, in the name of not existing foreign companies....
Read more
The cheese factory in Kunszentmárton produces again
Date: 2009-11-04 00:01:23
The Hungarotejfeldolgozó Co. and Csabatáj Zrt. would like to appear in the Hungarian and foreign markets with a special product – announced the new owner of the plant at a...
Read more
Nearly ten thousand dismissal at Johnson & Johnson
Date: 2009-11-04 00:00:15
Nearly ten thousand people could be affected by Johnson & Johnson health-fresh cosmetic company's announcement, that due to cost-cutting programs, 7 percent redundancies are planned. The company aims to improve...
Read more
Hungarian participant on the Bocuse d'Or Europe
Date: 2009-11-03 00:01:29
Althought the skeptics did not believe in success, there will be Hungarian participant at the most significant international top gastronomy events at the 2010 Bocuse d'Or Europe. Because of the...
Read more
The public is confident, the optimism of the companies is broken
Date: 2009-11-03 00:01:12
Ecostat’s aggregate business cycle index decreased by 0.5 percentage points to 77.6 percent in October, compared to the previous month. While the public confidence indicator rose strongly, business confidence indicator...
Read more
Indignation about the 1.6 billion support of Datész
Date: 2009-11-03 00:01:00
A number of agricultural and food companies became indignant, that Datész Zrt. achieved state sources. According to the farmers; an EU investigation should be needed, but they will not necessarily...
Read more
Price comparison market is getting more focused
Date: 2009-11-03 00:00:59
No more than three price comparison sites could remain on the Hungarian market in long terms. This Internet service can accelerate the competition in the market. At the beginning of...
Read more
Auchan: the biggest warehouse lease of the year
Date: 2009-11-03 00:00:51
Auchan Magyarország Kft, concluded the largest warehouse transaction of the year, at the end of September. The expansion of the company's logistics area has been occured in the recently completed...
Read more
Gallicoop built their own wastewater treatment
Date: 2009-11-03 00:00:40
The Gallicoop Turkey Processing Zrt. built its own wastewater treatment in Szarvas, due to environmental and economic considerations. The water does not leave the site area and reduces the city’s...
Read more
New Member of the Board at Metro Commercial Ltd.
Date: 2009-11-03 00:00:31
According to Metro’s press release; Dávid Gábor will join to METRO Commercial Ltd, as customer management director, and also a member of the Executive Board from the 1st of November...
Read more
Twilight of the Irish pubs
Date: 2009-11-03 00:00:15
According to a study, 2000 rural pubs could be closed in the next 10-15 years in Ireland, because of the law changes and due to the weakening economy. According to...
Read more
U.S. retail sector may be in trouble
Date: 2009-11-03 00:00:00
U.S. CIT Group could not avoid bankruptcy protection, even after several months of fight. The 101-year old company offers credit mostly to small and medium-sized retail companies. The company stressed...
Read more
Spirits: brandy, pálinka brandy and bitter are the most popular
Date: 2009-11-02 00:03:58
The retail sales of distilled spirits were 73 billion HUF between October 2008 and November 2009, just like as in the previous comparable period. However, a 5 percent volume reduction...
Read more
The foreign trade balance improved further – besides declining exports and imports
Date: 2009-11-02 00:02:11
In August, the foreign trade exports decreased by 10, imports by 15 percent, compared to a year earlier. In the January-August period, exports decreased by 17, imports by 23 percent...
Read more
Increase in the support for product sellers
Date: 2009-11-02 00:01:55
The government will increase the support of its working capital loan program with three billion HUF in order to support the product sellers in the fruit and vegetable sector. Government...
Read more
Another new Penny Market opened in Debrecen
Date: 2009-11-02 00:01:25
Penny Market opened its second store on 29th October 2009 in Debrecen. Sixty-five percent of the product range of the unit comes from Hungarian suppliers. Penny Market, which present itself...
Read more
