News and articles

Baker Festival in Komárom

Several thousand people visited the monastery-fortress of Komárom during the weekend, where the national Baker Festival took place for the seventh time. This year, the Napoleonic times was summoned by...

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The benefits of Mediterranean diet

According to studies; the Mediterranean diet strengthens the immune system, reduce risk of cardiovascular diseases and cancer. The basic of the diet is consist ofvegetable dishes: cereals, dry legumes, nuts,...

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In-store advertising gaining popularity in times of crisis

As clients question the effectiveness of advertising in conventional mediums, indoor advertising in supermarkets is gaining support and popularity. Marketers, retailers and media companies have attempted to make in-store advertising...

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Five-point improvement in consumer confidence in June

Nielsen market research company's consumer confidence index improved to 45 points in June after the 40-40 points of May and April, and the 37 points of March. The consumer morale...

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Adapting to recession

According to the forecast of GKI and Erste Bank, Hungary, Hungarian GDP is likely to drop by about 6.5 percent this year, but the external balance is set to improve...

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Loan guarantee for 189 billion HUF in 6 months

The Garantiqa Loan Guarantee Ltd. reported assuming guarantee for 15,532 contracts amounting to 189 billion HUF on the loans of small and medium enterprises (SME) in the first half of...

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PepsiCo plans one billion dollar investment in Russia

PepsiCo Inc. has announced plans to invest US$1 billion (€720 million) in Russia over the next three years, together with its partner Pepsi Bottling Group. The company says that the...

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More milk and fish, but less fruit and potatoes were consumed in 2007

According to the Central Statistical Office, food consumption per person was a total of 61 kg in 2007. The domestic meat consumption in 2007 was 63 kg per person. The...

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Dreher – The Responsible Drinking Program was renewed

More than 41 thousand people visited the www.alkohol.info.hu web site, which expanded with new themes as the newest element of The Responsible Drinking Program of Dreher Breweries Ltd. Dreher Breweries...

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Rewe strengthens cooperation with independent retailers

The Rewe Group has confirmed the Management Board's course proposed for a successful future. The so-called “Declaration of Munich” was adopted unanimously. The declaration focuses on adopting the Rewe brand...

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A new bottling plant and pálinka distillery in Érpatak

Zsindelyes Pálinka Distillery will build an automatic bottling plant and a new brewery in September. The 229 million HUF investment will be realized partly by EU support. The automated bottling...

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Melon market works well

Due to co-operation of the Hungarian Melon Association and the HungarianFruit-Vegetable Marketing Organization (FruitVeB) previous years' disturbances on melon market has been eliminated this year. According to Mártonffy Béla, Executive...

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A new Tesco store opened in Sárvár

The newest member of Tesco hypermarket chain has been opened on 3rd of July in Sárvár. The new 3,000 square-meter complex is waiting its customers seven days a week, between...

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Apricot directly from the producer

Although this year's apricot season started with high prices, Tisza-side producers continued their fruit offers in the capital. After strawberries and cherries, now they are selling apricot directly to consumers,...

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Euro zone retail decreased

The retail sales in the euro zone decreased in May higher-than-expected despite the April growth. Turnover decreased by 0.4 percent in May. The annual rate also decreased above the expected...

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This year, EU's grain production will decrease

According to the new forecast of Coceral which is the Organisation of Producers, it is expected that 285.27 million tons of grain will be harvested this year in the European...

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Agriculture Ministers and the EU, believe that freshwater and pond fishing is the future

Fishing is one of the most promising sector in agriculture. According to Ministers of the EU, freshwater and pond fishing has a greater option than sea fishing – said Gráf...

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Retail food sales increased in value, but decreased by volume

According to Nielsen market research company, retail food sales increased by 5 percent betwen June 2008 and May 2009 compared to the same period of the previous year, while volume...

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Hungarian manufacturing industry continues to decline

The seasonally adjusted volume of the Purchasing Manager Index (BMI) is 45.8 percent in June, which is 0.4 percentage points higher than the to 45.4 percent volume of May, but...

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Large beer and hamburger consumption on VOLT Fest

One of the biggest festival of Hungary started on Wednesday in Sopron. This year, for the 17th time acceptable prices are expecting visitors. The beer is the most favourite product...

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Cafeteria – after the tax changes

Cafeteria providers, will not migrate out of Hungary but the expected decline in revenues will force them to re-design their cost structure and services. According to Rajné Adamecz Ildikó, partner...

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The best investment agency of the regio

The American investment magazine, Site Selection chose ITD Hungary, the Hungarian investment agency to the best investment agency in Eastern Europe. Budapest became the region's third most attractive investment location....

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Private radio in the Tesco – the first in the region

Tesco last year around Christmas time has already been provisionally applied Mood Media's concept of a satellite radio and this year decided to finally shift in the general store background...

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Swiss chocolate is still popular

Switzerland remains a major consumer of chocolate and chocolate-exporter The total turnover of Swiss chocolates increased by 9.3 percent, exports increased by 11 percent in 2008. According to Chocosuisse, which ...

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Coca-Cola opens two new plants in China

Coca-Cola and its bottling partner, COFCO Coca-Cola Beverages Ltd., have opened two new bottling facilities in the less developed central and western parts of China. One of the bottling plants...

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Preferential loan to agricultural businesses

Regulation of the Ministry of Agriculture allows institutions to help the agri businesses with preferential guarantees. At Garantiqa Loan Guarantee Ltd. applications have already been prepared for the reception. Discount...

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Economic index of GKI rises for two months

After the stagnation of April and the fall of October 2008, the GKI Economy Research Institute's economic index increasing for two months. According to GKI Economy Research Institute; the prospects...

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So far, four billion – IT project of Coop reached mid-term

The introduction of Coop food commercial network's integrated IT system reached its turning point. The newest store, which is the five-hundredth unit of the Co-op Star Ltd. had been attached...

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Coca-Cola's new vending machine became festival winner

A new interactive Coca-Cola vending machine with a large format touch-screen and Bluetooth capabilities has taken home the Gold Lion in the Point of Sale category at the 2009 Cannes...

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Tesco vs. Interspar

Tesco reckons unfounded and misleading Blikk's Interspar advert relaesed on 26 June, which classified Tesco unethical, which states that Tesco's comparison of prices was unethical. Interspar alleged the slogan in...

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