News and articles
The Hungarian canning industry is in double-fold
Date: 2009-07-27 00:18:00
The Hungarian canning industry is still struggling with survival. While the demand is declining the production prices of the producers increased by about 20 percent. Although the Hungarian Ministry of...
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Budapest is one of the best city to live in the region
Date: 2009-07-27 00:15:00
According to the report of The Economist Intelligence Unit (EIU) of the London Economic Analyst House; from the EU countries in Eastern Europe, Budapest is one of the best city...
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Most people believes, that ads are economically useful
Date: 2009-07-27 00:12:00
According to the survey of Nielsen market research company, made by the participation of 50 country; consumers do not hate advertising, so that a large majority of the ads play...
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Tesco Express store opened in Óbuda and Kispest, hypermarket opened in Sárbogárd
Date: 2009-07-27 00:08:00
Two Tesco Express stores opened on Friday in Budapest. The new format stores has much smaller business space but waiting the customers with selected product range, and the usual quality....
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Hypermarkets choose Hungarian fruit
Date: 2009-07-27 00:06:00
The hypermarkets in their range of fruit and vegetable products, prefer Hungarian products because the Hungarian consumer usually prefer domestic fruit and vegetables and is more economical to buy from...
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Despite the crisis, the after tax results of Danone has increased
Date: 2009-07-27 00:05:00
Danone, the world leader in dairy sales reported a 722 million euros after-tax profit in the first half of the year, 7.6 percent more than a year before. The income...
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Borsodi Brewery Ltd. became Superbrands
Date: 2009-07-27 00:03:00
The Borsodi Brewery Ltd. has received the Business Superbrands 2009 award. A number of products of the Brewery was awarded with consumer Superbrands award earlier, but this time the company's...
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Armonia mall in Romania – have recently opened and already being closed
Date: 2009-07-27 00:01:00
After nine months of operation, the Armonia Shopping Mall which built with 45 million euros investment will be closed in Braila, Romania. The turnover of the renters was less than...
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The economic index of GKI improves for the third month
Date: 2009-07-24 00:24:00
The seasonal adjusted volume of the GKI economy index increases since three months. Accordding to a the survey of GKI Economic Research Company with the support of the European Union...
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The European Parliament does not agree with the Commission in the case of milk
Date: 2009-07-24 00:22:00
The European Parliament strongly criticized the European Commission, due to the insufficient action list of the dairy crisis. The majority of Specialists believe that the increase of milk quotas caused...
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British retail sector performed well
Date: 2009-07-24 00:21:00
In June, the British retail datas increased by 1.2 percent, three times bigger than expected. The annual growth was 2.9 percent (2.2 percent had been forecasted). The development of the...
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Two prestigious awards for Henkel
Date: 2009-07-24 00:18:00
Henkel has won four consecutive years, in the competition of the world's most competitive companies. The company received a Platinum award for its annual report and won gold for an...
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The hundredth Spar supermarket converted from Plus store has opened
Date: 2009-07-24 00:09:00
The SPAR Hungary Ltd. took over a year ago, the 174 businesses of the Plus network. In January 2009 the transformating of Plus stores into Spar supermarkets has been started....
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One purchaser is out of competition for Borsodi Brewery
Date: 2009-07-24 00:04:00
The venture capital ace could not obtain sufficient credit, and therefore got out of the competition of purchasing the Hungarian Borsodi Brewery. According to Bloomberg’s information; KKR has withdrawn from...
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Fruit juice production – as a family business
Date: 2009-07-24 00:01:00
In the last period, the fruit processors operating as small family businesses have been multiplied. The increasing unemployment and the extremely low fruit price also play an important role in...
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Food prices remained high in the poor countries
Date: 2009-07-23 00:25:00
According to an UN report; food prices will never return to the level of two years ago, before the price explosion. Prices will increase in the developed countries, with the...
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Trademark on Hungarian wheat
Date: 2009-07-23 00:21:00
The National Association of Cereal Growers (GOSZ) created a trademark called Pannon Wheat that the producers could sell their extra quality wheat at good price on the markets, especially abroad....
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Cafeteria which is a special tool of motivation still worth it
Date: 2009-07-23 00:18:00
According to the communique of Nexon; although tax will be charged to the fringe benefits, it will be worth to the companies from 2010-to avail themselves of these opportunities. The...
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World trade expanded last year despite the crisis
Date: 2009-07-23 00:15:00
Global Merchandise export increased by 15 percent nominally and in real terms by 20 percent to 15.78 billion USD, while services increased by 11 percent to $ 3.73 billion USD...
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SZÖVET producer action in Budapest
Date: 2009-07-23 00:11:00
The producers of the Association for the Living Tisza (SZÖVET) waiting their costumers at five locations in Budapest, in particular with peach, plum, apples, cherries, tomatoes, potatoes, and apricot. The...
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Eight products of Tortellino Ltd. can be marketed again
Date: 2009-07-23 00:10:00
The Pest County MGSZH and the Food Chain Safety and Animal Health Directorate in the cases of 8 products lifted the block. Thirteen products of Tortellino Ltd. were blocked 30th...
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Innovating summer at Szentkirályi
Date: 2009-07-23 00:06:00
In the summer of 2009 Szentkirályi Mineral Water Ltd., introduced several novelties at a number of products to be better suited to consumer needs. At flavored waters a new flavor...
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Lots of British pubs closed due to the crisis
Date: 2009-07-23 00:04:00
An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...
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The market share of Tesco fell a bit, while others grow
Date: 2009-07-23 00:02:00
Tesco could not able to maintain its earlier market share in the British grocery market in the last three months, but the reduction was only one-tenth, so after the previous...
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MFB is still lending – with positive changes
Date: 2009-07-22 00:24:00
The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...
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Brussels is not willing to reduce the milk quota
Date: 2009-07-22 00:20:00
Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...
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LEI index: recession can end in the United States
Date: 2009-07-22 00:19:00
The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...
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Another fusion in the Coop Group
Date: 2009-07-22 00:12:00
The Economic Competition Authority (GVH) accepted that the food-group Nyírzem Ltd., – which is part of the Coop group will obtain 60 percent share in the Mezőkövesd Zrt. According to...
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Henkel stepped onto a better position on the list of the world's largest companies
Date: 2009-07-22 00:06:00
Henkel improved 20 places to the 448th place on the 500 list of american Fortune magazine in the rankings of the companies with the largest turnover, furthermore the first time...
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Lots of students at McDonald's
Date: 2009-07-22 00:04:00
This year summer work for students is ten times oversubscribed at McDonald's. The jobs have run out in a few days. Until mid-summer 3500 person tried to get a seasonally...
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