News and articles

First SPAR Harmonia magazin published in 2009

After a successful test periode this year SPAR gives its lifestyle magazin four times to the public.  Since many years SPAR is active at popularizing healthy eating and lifestyle. As...

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Majority of Hungarians think themself obese

According to a Nielsen survey in 52 countries only 18% of Hungarians try to loose weight, it is the less in Europe. The research indicate that there is a global...

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22 Hungarian firms at Biofach

90% of Hungarian bioproducts are exported to Germany, so the presence at Nürnberg exhibiton is necessary for Hungarian farmers.  BioFach is 20. 2,717 exhibitors at BioFach and Vivaness, the world...

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Raiffeisen offers currency risk free credit for circulating funds

This is the first bank which offers credit construction from the HUF 140 billion value New Hungary Circulating Funds Credit.  From 17th February each enterprises can borrow maximum HUF 200...

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Visa is the best known medium of payment in Hungary

According to an on-line research by Research International Visa is the best known and most popular medium of payment in Hungary.  61% of responders said they use their visa card...

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New clients at Mood Media

From February Mood Media is the music provider for Nike shop in Budapest and in the country.  Also Mood Media provides background music in Fórum Debrecen mall in East-Hungary. Costa...

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Casino to open discount frozen food store

The first Iceko store will open over a sales area of 200 square metres in Paris.  Casino is launching a pilot discount frozen food format called Iceko to compete with...

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Unilever suspension cost a lot for Delhaize Group

Customers are dependent on certain brands and they have carefully selected those they want.  Delhaize Group in Belgium is losing market share to its competitors due to its decision to...

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Tesco supports a créche in Mátészalka

Since a few months Tesco’s consumers in some stores have to pay HUF 5 for their plastic shopping bags. From sales income of the bags company supports local institutes and...

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In December Hungarians spent more for „bottled” happiness

Hungarian consumers, shopping soda in December, gave out HUF 36 of every 100 for Coca-Cola. Coca-Cola is a real ’Lovemark’ in Hungary. Inspite of the financial crisis Hungarians doggedly buy...

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Central and Eastern European companies remain upbeat

A survey, undertaken by the Economist Intelligence Unit on behalf Atradius shows that despite concerns about the regional economy, companies do not expect a significant deterioration of their business in...

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First industry output decreasing since 1992

In 2008, the volume of industrial production declined by 1.1% compared to 2007. In December 2008, industrial gross output decreased by 19.6% compared to December 2007, the index adjusted for...

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Co-operative Group to use biometric data collection to record worker hours

The system will use biometric data collection terminals enabling finger scan verification, to record the working hours of 55,000 staff members.  The Co-operative Group is introducing a new workforce management...

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SPAR acquires Ipercoop hypermarkets in Croatia

According to reports in the local press, the four stores, of which two are located in Zagreb and one each in Split and Osijek will keep the Ipercoop banner but...

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PepsiCo sees growth in snacks, dairy

Pepsi formed a joint venture with Saudi Arabia's Almarai Co , the Gulf's largest dairy company by market value.  The venture, will be called International Dairy and Juice Ltd and...

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Russia Raises Import Duties on Milk and Butter

The Russian government announced that will increase the import duty on butter (derived from milk) to not less than 0.35 Euro/kg, up from 0.22 Euro/kg; and Resolution that increases the...

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Fast food restaurants enjoying strong growth trough the recession

KFC will invest EUR167million in a project to open 300 outlets over the next 3-5 years in the UK.  According to KFC, the company is enjoying strong growth through as...

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Commitment of Hungarian Trade Association about Food codex

Traders aspire for balanced business contacts with suppliers on consumers behalf.  On 13th February was a meeting between the representatives the food product rail and the Ministry of Agriculture. A...

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Price of clothing and footwear decreased

In January 2009 consumer prices increased by 0.6% compared to the previous month and rose by 3.1% compared to January 2008.  In January 2009 compared to the previous month food...

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Discount feeling disappear, assortment expands

On 12th February 2009 opened the first rebrand Spar stores in Hatvan, Sopron and Sárbogárd.  Last year SPAR aquiared Plus chain and in January it started to rebrand the units....

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The newest award for Francois President Rose but champagne

The 15th Berlin Wine Trophy was trumped up between 22-26 January 2009. The jurey tasted 3,152 wines and award 120 Premium Gold, 641 Gold and 136 Silver medals.  From the...

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Birthday design award by Tchibo

Tchibo calls for tender together with MONE and the Moholy-Nagy Art University. The participants have to contemplate a retro mug set.  Students have to plan 4 mugs, which must to...

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Telework with government helps

I-Work Foundution and Google Hungary organise meetings for SMEs about methods and experiences of telework.  The government gives concret sources for outbuilding teleworkplaces. The SMEs are invited for a tender...

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Fritz Henkel Award for Innovation presented

A convincingly innovative character and successful market performance: These two attributes must be demonstrated by product ideas if they are to have a chance of winning the Fritz Henkel Award...

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K.O on Easter egg market by Tesco

Tesco looks set to become the UK’s largest Easter egg retailer after buying forward orders of its exclusive lines that were destined for Woolworths.  The deal means Tesco’s Easter egg...

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Billa Travel to sell holidays in Bohemia

The tourist division of Rewe group was established in 1970 and recorded a turnover of nearly EUR3 billion in 2007. The agent is active Germany, Austria and Switzerland.  Rewe has...

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CBA votes for closing on Sunday, but not for all shops

The retail chain, employing 35,000 workers, said also employees need the Sunday as holiday, because of their health and their family life.  CBA would close every stores over 100 sqm...

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New members at Reál Hungária Drink Kft.

The company started meeting with Bora Kft. and Piramis Kft. last December, and the two companies joined to the chain in February.  Since its foundation Reál Hungária Drink Kft. is...

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5th Superbrands Hungary

On 11th February was the first session in 2009 for Business Superbrands and Superbrands committee of experts. It is the second year, that also the best business brands will be...

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New ‘gluten-free’ food label rules from EU

The EU has issued new food labeling and composition rules for products that claim to be ‘gluten-free’.  Only foods that contain less than 20 parts of gluten in a million...

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