News and articles

ALDI opened their 75th store in Hungary

ALDI Hungary has opened two stores in April: this way, there are 75 ALDI-stores in the country. The 74th outlet opened its gates on 7th April in Budapest in the...

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Nestlé: 20.26 billion Swiss francs revenue in the first quarter

The world's largest food company, the Swiss Nestle reported 20.26 billion Swiss francs revenue in the first quarter. This is 9.29 percent less, than the 22.34 billion of the first...

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Coordinated control before Easter

The police, the tax office, the food safety and consumer protection authority possess the stores. They are looking for violators before Easter. The action focuses mainly on Budapest and Pest...

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U.S: consumer confidence increased again

On the basis of the survey of Thomson Reuters / University of Michigan; consumer confidence in the U.S. began to rise in April after the 16-month nadir of late March....

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Pál Sárközy signed his autobiography in CBA Príma Corvin

Pál Sárközy, father of French president Nicolas Sarkozy signed his freshly released autography Tant De Vi in the CBA Príma store located in Corvin Shopping Mall on Frriday 15th April...

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Diabette from Karamell

Karamell-Snack Kft. is a Hungarian-owned company that employs 170 people. Their products are probably more well-known than the company itself: it is enough to mention Diabette diabetic sweets, Ame countline...

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Double gold medals for grapefruit vodka

In 2011, for the third time since 2007, Finlandia Grapefruit won double gold medals and the title of the World's best tasting flavoured vodka at the San Francisco Worlds Spirits...

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Tesco is looking for new regional suppliers

Tesco is about to move on to learn about even more Hungarian suppliers within the compass of their Regional Suppliers' Forum. The next forum will take place in Visegrád, on...

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MFB: weak private consumption holds back economic growth

Private consumption is expected to hold back the economic growth in the first part of the year in Hungary, after the consumer confidence index, decreased from February to March in...

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The Ministry of Rural Development would introduce a product fee on meat products

The Ministry of Rural Development intends to introduce a product fee on animal products, intending to replace the meat inspection and other official fees. The Ministry of Rural Development (VM)...

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Henkel takes over Purbond joint venture

The Swiss-based Purbond AG is now owned 100 percent by Henkel. Initially established as a 50:50 joint venture with Collano AG, also based in Switzerland, Purbond is a leading global...

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Brand value can mean a considerable portion of the purchase price of the company

Predictable taxes, measurable efficiency, up to an additional multiple access in case of acquisition, or significantly improved financial and investment opportunities. These are some important advantages, which in any case...

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Media Council develops a recommendation for product placements

The new media law legalized product placement as a commercial communication. Since the beginning of the year, advertised products can legally appear in the programmes. The Media Council decided to...

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Debrecen-based Ave exports mineral water to China

Debrecen-based Ave fulfills the first major Chinese market order of 300 thousand pieces of mineral water. The company received marketing approval for China in May 2010. A Chinese trader and...

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Danone increased its revenues by twenty percent in the first quarter of the year

French Danone, the world's largest yogurt producer reported about better-than-expected first-quarter results on Thursday. The manufacturer of Activia, Actimel and a wide range of other products reached a turnover of...

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Luxury department store to be built on Andrássy Avenue

The construction of the new luxury department store begins in April, under 19 Andrássy Avenue. According to the plans; the three-storey complex will houses, stores of 30 high-category brands plus...

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Tibi chocolate celebrates its 70th anniversary

The most well-known brand of Bonbonetti Group, namely Tibi chocolate is celebrating its 70th birthday now. The celebration was linked to a factory-visit and a press-conference on 14th April, Tibor-day....

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MasterCard supports contactless payment

MasterCard would make the PayPass (contactless payment technology) as the part of “everyday life” in Australia and in New Zealand in the next few years – notified the card company....

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New products at Szentkirályi

Szentkirályi Mineral Water Ltd. launches a new product family this spring: they introduce the strawberry lemonade and the normal (lemon-based) lemonade and a new ice tea to the customers. This...

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Red Bull Music Academy 2011 moves to Madrid

This year’s Red Bull Music Academy will be held in Madrid, following the news that recent events in Japan had caused in to pull out of its original Tokyo destination....

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Anuga 2011: Large number of registrations – from Germany and abroad

All the signals are pointing to success for the coming Anuga, which will take place from 8th to 12th October 2011 in Cologne. All ten of the event's trade shows...

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Careful consumption dampens retail price increase

The price increase of agricultural raw materials increased retail prices. According to the datas of the Central Statistical Office (KSH); the average consumer price of foods incresed by 8.6 percent,...

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The Meat Association expects a 15-20 percent price increase

Meat prices may reach their peak by the end of the year. Specialists expect 15-20 percent price increase. According to the president of the Meat Association; a kilogram of live...

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We can not avoid the increase in egg prices

Prices may increase dramatically not only because of the upcoming Easter. Due to a European Union regulation domestic producers still need to make investment of 40 billion this year.As the...

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More and more card readers

Despite the adverse economic environment, the number of POS terminals significantly increased in commercial units in Hungary. According to the datas of the central bank, at the end of the...

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Euro zone’s industry incresed by 7.3 percent on an annual basis

Euro zone’s industrial production increased less than expected in February, while in Germany continued to grow, and in other member countries turned into increase, but in Greece and Ireland declined...

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The agricultural strategy for the next ten years has been completed

The debate linked to the ten-year plan of rural development has begun – the Ministry of Rural Development announced. The aim of the strategy, among other things, is to keep...

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Deichmann Shoes from the Europeum

New plaza opens in Budapest on Thursday. Inter alia, a Deichmann business has also been opened in the 31 thousand square meters area of the Europeum Shopping Center. Deichmann Cipőkereskedelmi...

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Visa Europe's invest an annual 144 million to e-commerce

Visa Europe annually invests 144.2 million dollars annually to mobile payments and e-commerce. Visa Europe is approximately in connection with 4,000 European banks, and the card company's logo can be...

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New EU-rule: no wine-delivery documents needed

Within the framework of the new legistal norms of the EU, winegrowers face several new rules to make their life easier when it comes to administration. There are certain new...

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