News and articles

Barry Callebaut: Swiss chocolate continue to be popular

The sales of the world's leading integrated chocolate company, the Zurich-based, Barry Callebaut, increased by 6.8 to 5.2 billion Swiss francs. The company’sa net profit increased by 10.9 percent to...

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Five favorites for the Winemaker of the Year title

The first round of “Winemaker of the Year” competition completed on the 8th of November, and it was found out that who are the five winemakers, who received the most...

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Henkel continues positive trend in third quarter

The positive development of Henkel’s consumer businesses in previous quarters continued during the third quarter of 2009. There was also a further improvement in the results of the Adhesive Technologies...

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The Germans will give shopping vouchers as Christmas present this year

In Europe's largest economy, shopping vouchers are on the first place on this year’s Christmas gift top list. Last year the Germans preferred to give books as a Christmas present....

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The business sentiment of Eastern Europe improves

The analysis of Thomson Reuters shows that business sentiment has improved in the Eastern European region. However, Hungary is still belongs to the lower-middle field. The assessment of the current...

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The majority of the products on the shelves of the retail chains are Hungarian food products

The Economics Department of Corvinus University carried out a survey, to estimate the proportion of Hungarian food products in domestic retail. Overall, in the tested categories the ratio of the...

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GKI Budapest Real Estate Market Index, 2002-2010

In October 2010 the GKI Budapest Real Estate Market Index was -23.3, which means significant improvement compared to the previous quarter. This data is higher by 11 points than the...

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The trade surplus continued to grow

According to analysts, polled by MTI; the September trade balance surplus was better than expected, and the year end surplus may reach 5.3 billion euros. According to the preliminary datas...

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Dutch and Danish pigs are flooding the Hungarian market

The purchase price of live pigs  decreased by fifteen percent in the last months. The customers do not perceive anything from the lower raw material price. But who swallows up...

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Unprecedented Alliance for Sustainable Development

Unprecedented social cooperation can be seen around the first Hungarian “Sustainability Summit” conference. So far, about 33 organizations, including the representatives of the nonprofit sector and variety of economic and...

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Négercsók to be renewed

The Újvilág Mezőgazdasági és Élelmiszeripari Szövetkezet of Abony eliminated its last classic activity the plant cultivation and launched new product developments, based on demands for healthy foods – told Szebeni...

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The British Prime Minister in the Chinese Tesco

The first visit of David Cameron, the British Prime Minister, led to Tesco after landing. In China, the British commercial chain has 99 stores. The first one opened in 2004...

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Date is set for ProWein 2012

ProWein 2012 will be held from 4 to 6 March in harmony with the internationally-relevant trade fair calendar. That way it is underlining its traditional status as an opening event...

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Nescafé Wellness survey: coffee agains the harmful effects of civilization

In more ways than we realize, coffee has been our silent partner in coping with the demands of the workplace. Apart from the ordinary stress we endure at our jobs,...

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Davidoff Café Suprême Réserve 210

This Christmas Tchibo offers connoisseurs ultimate coffee enjoyment without compromises. The new Davidoff Café Javanese Blue limited edition is a unique present for coffee friends. A true connoisseur places the...

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According to Demján; the Széchenyi Card has a great success

The Széchenyi Card is a great success. Via KA-VOSZ the product can reach the most part of the Hungarian small and medium-sized enterprises – said Demján Sándor, Executive Chairman of...

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The big perfumery chain test

The International Service Check (ISC) international market research company tested 27 perfumery chains, including eight (DM, Perfumerie Fann, L'Occitane (en Provence), Marionnaud Parfumeries, Rossmann, Schlecker, Sephora, Yves Rocher) in international...

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The Association of Conscious Consumers tested Túró Rudis

The Association of Conscious Consumers tested one of the most popular domestic sweet, the Túró Rudi, on the basis of nutrition biology terms and packaging informations. A total of 19...

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New leaders in the lead of the Economic Competition Authority

New leaders will fill the leading positions at the Economic Competition Authority. In the next six years Juhász Miklós will be the president of the authority. Schmitt Pál, President of...

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Slovakian pálinka distillery tourism started to Hungary

Slovakian pálinka distillery tourism started to Hungary, because in the Hungarian side of the border spirits can be made more cheaply. Because of the Slovakian tax laws, thousands of illegal...

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Milk distribution: Tesco waits until the end of the investigation

Tesco does not want to comment the presumptions appeared in the press reports, until the investigation in connection with the purchase prices will not be completed. Tesco has been informeded...

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Record growth is expected in the German economy

The exports of the German companies increased by two times faster, than expected in September, the trade balance surplus is almost on its two-year peak. In the previous two months,...

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Scandalous Lidl opening in Cyprus

Lidl expands:, the German discount chain last Thursday handed over seven stores in the Republic of Cyprus, and expected to open two more units this month. Analysts described the fast...

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Luxury item: new and limited, yet available in Hungary

Breitling is pleased to unveil its iconic Chronomat 01 watch in a limited edition of 2,000 pieces sculptured in steel and 200 pieces in rose gold. The Chronomat 01 joined...

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The Netherlands commits to using only sustainable palm oil by 2015

By the end of 2015, all palm oil used in The Netherlands will be sustainable, as certified by the Roundtable on Sustainable Palm Oil (RSPO). All palm oil suppliers and...

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Dr. Oetker to help victims of the redmud-catastrophe

Dr. Oetker Magyarország Élelmiszer Ltd. is trying to help the victims of the redmud-catastrophe with a significant amount of financial aid. The company is sending their aid via the Baptist...

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The medieval abbey basement of Köröshegy is to let

Csaba Deckner decided to start the reconsruction-works of the abbey basement of Köröshegy three years ago. The picturesque, 100 m2 basement is to let now. PIctures and more information: http://dl.dropbox.com/u/6567667/pince1.ppt...

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Sara Lee is about to sell bakery to Grupo Bimbo

Sara Lee Corp is close to selling its North American bakery business to Mexico's Grupo Bimbo in a deal that could fetch $900 million to $1 billion, Bloomberg pointed out....

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‘It is ending precisely now…’ (Part 4)

This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Last time we examined...

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