News and articles

Zwack liqueur consumed less-than-expected in the U.S.

The Zwack Unicum reached 1.257 billion HUF after-tax profit, in the first half of the 2009-2010 business year, which is 20.1 percent less than of the base period – reports...

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Still far from a real boom

Chen Deming, Chinese Minister of Commerce and Joseph Stiglitz, Nobel Prized economist also expressed doubts about the fast recovering from the recession, at an economic conference in Shanghai. Although more...

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The last days of Quelle

The story of Quelle, which was and one of Germany’s and Europe's most prestigious chain of stores came to an end; The closing sales began on Sunday at the famous...

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Plaza Centers: stopped investments in Romania

Plaza Centers, suspended its eight Romanian projects. The planned investment projects would have been realised in a worth of a total two billion euros. "In the current economic situation it...

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The fifth stage of the Balkan Express

Agrármarketing Centrum will organise a community appearance in the South East European region for the fifth time this year. After Mostar, Novi Sad, Bucharest and Banja Luka, the Hungarian food...

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U.S. economy grew in July-September

The U.S. economy grown by 3.5 percent in the third quarter. Analysts expected 2,7-3,5 percent increase. The U.S. economy became smaller with 2.3 percent last year. In the first quarter...

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Christmas season starts in Tesco

Tesco is waiting its customers with Christmas ornaments, and rich Christmas discount offers, some up to 50 percent, from 29th October 2009 in all the country's Tesco stores. As a...

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World confectionery will watch Hungary next year

The 16th International Confectionery, Bakery and Culinary Exhibition and Fair will be held in Hungary between 21st and 24th February 2010. Parallel to the exhibition the Confectioner's World Junior Championships...

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Alföldi Tej will produce cottage from November

The Great Plains Milk Sales and Purchaser (ATÉB) Ltd. purchasing much less milk than last year, because of the constantly decreasing milk producing. The European Commission gave permission for a...

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French government vs. chain of stores

The French Ministry of Economy denounced 9 large chains with the charge of abusing of suppliers. Six of the chains are distributing primarily food products. The French press has been...

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Heineken raised its profit expectations

Sales and turnover, also declined in the third quarter of the year at Heineken. At the same time the company increased its profit expectations for the whole year. The third...

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An old-new beer on the shelves: Spaten

Borsod Brewery Zrt. will reintroduce Spaten to the Hungarian market.The drink will respect the traditions of pils beer, but will be marketed in a completely renewed form. Spaten is brewed...

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Qualitative leader at GfK Hungária

The new qualitative leader of GfK Hungária Market Research Institute will be Becker György from 15th October 2009. The 54-year psychologists worked at TNS Hungary in the past also in...

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The MVH will purchase the surplus grain

The Agriculture and Rural Development Agency (MVH) can buy unlimited quantities of wheat and barley offered for intervention from 1st November. On the basis of the proposals, the purchasing 400...

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Tesco will renew its financial services

Thanks to the cooperation between Tesco and Benks, Tesco’s Financial Services product range will renewed from the 2nd November. Thanks to the new financial partner more than 30 banks and...

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Increase in alcohol taxes, tighter controls

The alcohol tax rate will be increased next year. Tighter controls are expected in the pálinka breweries during the autumn, and new security locks will be used on the equipments....

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Quelle subsidiaries will be operated by new owner

The international Quelle subsidiaries can continue to operate, despite the 1st November termination of German parent company. Soon they will be sold to investors, including the Hungarian firm. According to...

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DM is expanding despite the crisis.

In 2008/2009 DM Drogerie Markt reached a 5.4 percent growth and achieved a turnover of 63.7 billion, so the management of the drugstore chain considers this business year successful, despite...

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Auchan overtakes its competitors

The French hypermarket giant started an intensive expansion over the past decade in the eastern markets, notably in China, Russia and Eastern Europe. Auchan is the world's 14th largest retailer,...

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The third Tesco Express store has opened in Óbuda

On Wednesday, a new Tesco Express store opened in the 3rd district of Budapest, under 1-2 Pablo Neruda street. With this, 15 shops new format Tesco shops are across the...

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Bonbonetti awarded on the occasion of World Food Day

Hungary's largest confectionery company group, the Bonbonetti Group participated on the 4th Hungarian Donation Convoy, as a silver grade sponsor on 16th October 2009. The Bonbonetti Group joined the Hungarian...

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New experience: Arany Ászok half dark beer

The beer lovers are already familiar with the half dark beer category, and they know that this means real specialty.The right proportion of light and dark beer combines the best...

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Food industrial applications up to 1.6 million euros

The modification of the regulation over the “EMVA agricultural products, adding value to provide aid” is already available. On this basis, one can apply until 30th November at the Agriculture...

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The advantages of Superbrands title

Superbrands Hungary organizes a seminar on 4th November in the Kempinski Hotel Corvinus. On the event it will be examined, that how valuable is a Superbrands title win and how...

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Vehicle liability insurance in the Tesco again this year

From 2nd November to 31st December, Tesco customers can choose their own best compulsory vehicle liability insurance, from the offers of all Hungarian insurance companies. In addition, beside the customers...

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U.S.A.: rising house prices, falling consumer confidence

Compared to July, 1.2 percent increase has occured in house prices in the U.S.A. The publication of Conference Board's consumer confidence index washed away optimism. The index was well below...

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New regulation control the services provided at accommodations

According to the new government regulation; The hotels should provide other services besides accommodation, and at least 11 rooms and 21 beds should be maintained. The regulation covers all accommodation...

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Growing retail real estate investments in the second quarter of 2009

According to the latest reasearch of Jones Lang LaSalle real estate consultant; European retail real estate investments increased 85 by percent in the second quarter compared to the first quarter....

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Food prices may dramatically increase

According to the experts of the Standard Chartered Bank; Great food price increases may come in the next few decades. The UN estimates that, by 2050 the global population will...

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Climate protection instead of agricultural support

The pre-draft document in which the European Commission outlines its visions for the 2014 – 2020 budget, indicates a strong shift from the agricultural policy and employement towards climate change...

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