News and articles

Demise after 60 years sales

Circuit City was the second-largest consumer electronics retail chain in the U.S. The company had 567 stores in the US and 770 smaller units in Canada.  Going-out-of-business sales at all...

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Real earnings will moderately, consumption significantly decrease

The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are still unpredictable; but forecasts all...

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„Spring coupon days” started

2 shopping malls from the capital and 3 from the country take part in the action organised by www.napiakciok.hu.  The owner of the website made a successful action before Christmas....

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Energy by converting meat waste into heat and energy

5,000 tonnes of out of date meat by Tesco converted into enough electricity to power 600 homes in UK.  Tesco is supplying energy to customers through a new venture, which...

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Tesco urges to shopping tourism

The leaflets of Hungarian Tesco are also available in Slovakian Érsekújvár and Fülek.  Because of the weak HUF day to day more Slovakian come to Hungary to make their weekly...

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Henkel untouched by crisis

In 2008, sales increased 8.1% to 14.13 billion euros, mainly on the company’s National Starch acquisition. Adjusted for foreign currency exchanges, sales rose 11.6%.  Profits increased 31% to 1.23 billion...

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Pro Carton launches 2009 Carton Awards

This annual event is now in its 13th year and has over that period had many excellent examples of the skills of carton manufacturers and designers.  In 1996, Pro Carton...

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Lidl to reduce product range

According to Lebensmittel Zeitung's informations the complete assortment is under close scrutiny, with a special focus on duplications.  After years of continuous line extensions, Schwarz Group's discounter Lidl is reportedly...

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Coke to invest $2 billion in China

The Coca-Cola Co. plans to invest $2 billion in China over the next three years.  The investment would go toward new plant and distribution infrastructure, sales and marketing, and research...

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Bizerba presents new product and software solution

At the Anuga FoodTec 2009, Balingen technology firm Bizerba will be presenting the checkweigher CWE 1500 and the software solution _statistics.BRAIN from the 10th to the 13th of March ....

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Who will be greener? – environment competition by Tesco

The most diligent pupils win money for class excursion in value of HUF 500,000.  The Tesco’s waste redemption competition for pupils between 6-18 ages starts today, the winner will be...

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Day of the farmers in Mezőtúr

The event is one of the winners at Tempus’s „2009 European Year of Creativity and Innovation” tender.  The goal of the exhibition on 13th Mai is to show Hungarian agricultural...

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New sales director at Kékkúti Ásványvíz

From 1th of February Csaba Csiszkó is the sales director of the company. The 40 years old specialist is responsible for execution of Kékkuti’s business plans, and developing of the...

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Demonstration of dairy farmers to wait

Dairy entrepreneurs ask the government to start the former published reorganisation program in value of HUF 2.5 billion.  Dairy farmers talk about a new demonstration because of deep buy-up price....

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Six months – more than 1,000 new MasterCard places of recipient

Thanks to MasterCards new sales program, from July 2008 the number of Mastercard recipient places grow by 1,145.  There are 9 million debit or credit card on the Hungarian market...

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Packaged Starbucks coffee in Europe

Starbucks and Kraft Foods have announced they will launch packaged Starbucks coffee in select supermarkets in France and Germany. The aim is to expand super-premium Starbucks coffee in Europe.  Beginning...

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Rewe reports 11% sales increase

Group posted a full-year sales to around EUR50 billion in 2008, including sales of independent retailers. Sales outside its home market, Germany, grew by 15.4%.  After a "really good year"...

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Consumers change habits as recession tightens its grip

The recession has forced 87% of consumers to change their shopping habits, according to a study by research consultancy Shoppercentric.  Out of a thousand people surveyed by market research agency...

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Working-capital loan for Hungarian food industry

The Hungarian Development Bank would injection HUF 30 billion into food industry sector.  The bank would undertake 100% guarantee of the trade banks' resource placements. To this step the law...

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What is the real Hungarian product?

The preparatory committee of Food codex can't agree about the defination of „Hungarian product” in the domestic retail.  The problem is that the producers work also from importad raw materials,...

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Nestle sees acquisition opportunity in Poland

The world’s biggest food maker, is seeking acquisition targets in Poland to boost production in the European Union’s largest ex-communist economy, the head of its Polish operations said.  The Switzerland-based...

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SIÓ helps for children from needy families

Action under the name „Thanks for SiÓ!” the firm call the schools fo a tender. The soft drink company helps for 1,000 children from needy families to get their new...

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Levi Strauss stops producing in Hungary

With closure of its Kiskunhalas plant 549 employees will lose their jobs, along with hired labour.  The company experiences a marked drop in demand for its clothing and other consumer...

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Foodapest, from 2010 in every two years

In the future Hungexpo organises the exhibition alone. The next Foodapest will arrange together with UKBA and Foodatech.  Specialities of the next year's exhibition are the Junior Confectioner World Championship...

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Synergon Subsidiary Has Become „The Most Dynamic Start-Up Company”

Synergon subsidiary, Synergon Retail Systems Kft. received the award given to Hungarian start-up companies.  Steinbinder Romulus, the Managing Director of Synergon Retail Systems Kft. received the certificate of merit “The...

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New fair in Cologne devoted to the cult of coffee

The debut of a new fair is to be held in Cologne between 26-28. June. This will be the Coffeena – International Coffee Fair, with everything related to coffee. The...

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Cheap food after a good harvest

According to a forecast by Kopint-Tárki Konjunktúrakutató Intézet Zrt. and Agrár Európa Tanácsadó Kft., food prices will only rise moderately this year, increasing at a slower rate than inflation. The...

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Toilet cleaners showing growth

According to Nielsen data, retail sales of detergents expanded by 5 percent last year, exceeding HUF 12 billion. Toilet cleaners, the largest segment in the category produced growth of 10...

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Millions of people sensitive to food

Unfortunately, the number of people who are unable to consume specific food products is growing in Hungary. Such people can be classified using three major categories: 1.) Sensitivity due to...

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Tibi húsvéti ajándékcsomag

A new plush rabbit figure has been included in the gift package in addition to the Easter milk chocolate figures. 2 Douwe Egberts KID instant chicory coffee product samples are...

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