News and articles
The opinion of the CBA and the Spar differ over the special taxes
Date: 2010-11-18 16:11:49
The retail sector has never belonged to the highly profitable sectors, not even compared to the food production– said Feiner Péter,the chairman of Spar Magyarország Kft., in an interview in...
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Product creditors are optimistic before Christmas
Date: 2010-11-18 16:11:18
Similar or slightly stronger than last year’s product credit season is expected. Product crediting is beyond the nadir – says Balog Gábor, Head of Department at Cetelem Bank's marketing department....
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One-third fewer fruits and vegetables have grown this year
Date: 2010-11-18 16:11:09
Because of the extreme weather conditions, about 30-35 percent less vegetables and fruits have grown this year in Hungary, than usual – told Mártonffy Béla, Executive Director of FruitVeB to...
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Tesco has 800 Hungarian suppliers already
Date: 2010-11-18 16:00:21
Tesco expands the scope of its Hungarian suppliers. The retail-chain contracted with 40 new suppliers in October. Tesco Global Stores Ltd. expands the scope of its Hungarian suppliers, to increase...
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Bakers want more from the chains
Date: 2010-11-18 15:50:01
Bakeries believe, it is necessary to increase the transfer price of bread, because their costs have risen again – told Werli József, Secretary General of the Hungarian Bakers Association to...
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The lack of credit inhibits the growth of world trade
Date: 2010-11-18 15:40:36
The lack of credit can be a significant impediment of the expansion of global trade, and hits especially the poor countries – said the Chief Executive of the World Trade...
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Unilever buys a cosmetics company for 1.2 billion euros
Date: 2010-11-18 15:30:20
The European Commission's competition authority has contributed to the earlier plans, that Unilever will acquire the European cosmetics business of Sara Lee. The 1.2 billion-euro transaction, among other things, meaning...
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China blames the U.S.A. for the 62 percent vegetable price increase
Date: 2010-11-18 14:15:28
The Chinese consumers blame the United States, because food and other consumer good prices recently increased in the country. According to official datas, in the first ten days of November...
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A new product, available in Hungary, won a new award
Date: 2010-11-18 10:34:26
Dove VisibleCare showergel won the award Prix de Beauté 2010. even though the product was just introduced this year. The Prix de Beauté issued by magazine Joy goes to famous...
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Economy is regaining strength, but international confidence is melting
Date: 2010-11-17 23:58:31
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, economic growth in Hungary will be around 1 percent this year. In the 2nd quarter the Hungarian economy bettered...
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The social expectation puts more Hungarian products on the store shelves
Date: 2010-11-17 18:38:47
The products of the Hungarian agriculture are still not on the “right shelf” in the major commercial chains – shows the research of the Corvinus University. Although slightly more than...
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Kométa about to get involved with more investments in Hungary
Date: 2010-11-17 18:17:10
The fact that Kométa has won a Superbrand Award is a reflection of the company's strategy and preference of quality. “The products of Kométa 99 Ltd. have won several awards...
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Yet another Hungarian director at the leading fruit juice producer of Europe
Date: 2010-11-17 17:00:31
Marianna Bartos, new HR director of Eckes-Granini Group started working at the company in this position on 1st October 2010. Marianna Bartos finished her studies at ELTE-BTK, and worked in...
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Sink hygenie: 30-40 percent reduction of expenses
Date: 2010-11-17 16:36:22
Reducing environmental impact is essential to a sustainable future. Kimberly Clark recognizes the solution requires us to consider more than just what the product is made with. That's the company...
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The First Hungarian Food Trade Consortium will help the small rural shops
Date: 2010-11-17 15:55:47
The market philosophy of the consortium that the generated profit from the product should be handed out in proportion between the producer, the wholesaler and between the small shops. It...
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Hungary is in the middle of the field in retail real estates
Date: 2010-11-17 15:35:53
While in the second quarter of 2010, the Central and Eastern European commercial real estate investment volume was 2.04 billion euros, in the third quarter it was a total of...
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Kométa expects 20 billion HUF revenues for this year
Date: 2010-11-17 13:45:03
The revenue of the Kaposvár-based Kométa ´99 Zrt. (Kométa) will be around 20 billion HUF this year, compared with the 22 billion HUF of last year. The company plans to...
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Euro area inflation: close to the 2-percent limit
Date: 2010-11-17 13:43:57
The strongest consumer price increase rate occurred in October, since November 2008 in the Euro area: 0.4 percent, compared to the previous month, and 1.9 percent, compared to the previous...
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Borsodi expects five percent price increase for the next year
Date: 2010-11-17 13:43:29
From 2011, the Borsodi brewery plans a 1-3 percent average revenue growth. Although the Hungarian beer market has showed a 8-9 percent decline in 2010, the company expects to repeat...
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Adidas expands in China
Date: 2010-11-17 13:40:15
Adidas plans a major expansion in China. The German company will build-out a shop network consisting of 8 thousand businesses in the Asian country. In the next 5 years, the...
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Midnight discount action in the Romanian malls
Date: 2010-11-17 13:00:16
Thousands of shoppers stormed the Kolozsvár-based Iulius Mall shopping center on Sunday night. The huge midnight price reductions attracted the people to the mall – reports kronika.ro. At the same...
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E-merchants of the years are using Scarab Research
Date: 2010-11-17 11:54:33
tAll three winners of this year's Online Merchant of The Year Award use Scarab Research product analyzer system. The first prize was won by Bookline.hu has been a successful user...
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The 11th Hungarian Wine Marketing Conference will be held in Sopron
Date: 2010-11-17 11:01:31
On the first Thursday and Friday of December, the 11th Hungarian Wine Marketing Conference will be held in the Hotel Sopron. A special wine competition will be linked again to...
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The major market trends forecast significant food price increase
Date: 2010-11-16 21:56:41
The Advocacy Producer Associations expect a significant increase in the price of basic food. The chains can hold back price increase with cheap imports. The crisis tax also tends towards...
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Starbucks: The most ethic and the best
Date: 2010-11-16 19:10:30
The experts of Allegra Strategies once again awarded the “The most ethic Company” award to the Starbucks, in addition the company also won the “Best café” award, both in Europe...
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If the Metro 4 will be completed, a shopping centre to be built
Date: 2010-11-16 19:07:44
Futureal is ready for the implementation of the long-time planned Etele Square shopping center, but the timing depends on when the Metro 4 will be finished – said Futó Gábor,...
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Tesco refutes
Date: 2010-11-16 14:13:10
The Central Agricultural Office (MgSZH) fined Tesco for 850 thousand HUF, because they found 300 pounds of contaminated chicken meat in the company’s store in Dunaújváros – wrote the Magyar...
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New poultry processing plant from one and a half billion HUF
Date: 2010-11-16 13:51:10
New poultry processing plant will be created. Construction will begin this month, in the Industrial Park of Pacs, while production will begin next summer in the Zalai Poultry Processing Ltd....
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The revenue of Wal-Mart exceeded one hundred billion dollars
Date: 2010-11-16 13:20:42
Wal-Mart reached 101.2 billion revenues in the third quarter of 2010, which met the analysts' expectations of 102.4 billion USD. However, the company caused a positive surprise in the case...
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A positive surprise in U.S. retail sales
Date: 2010-11-16 12:55:19
In the United States, retail sales increased greater in October, than it was expected, which provides further evidence of the economic improvement. The total retail sales increased by 1.2 percent,...
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