News and articles

Increasing industrial orders in the U.S.A.

The new industrial orders in the United States, increased by 2.1 percent by 8.8 billion dollars, to 421 billion USD in September. Expectations were about a more modest, 1,3 percent...

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French Weeks organized by Sopexa in Cora hypermarkets

The Hungarian office of Sopexa organizes a special event called French Weeks a local Cora hypermarkets, from 3rd to 14th November 2010. The main goal of the event is to...

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Aufwind Schmack to start test operation of biogas plant in April

The Hungarian-based unit of Germany's Aufwind Neue Energien plans to start test operation of a HUF 3.9 billion biogas plant it is building in Szarvas in April, Aufwind Schmack announced....

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McDonald's Happy Meal is banned!

San Francisco became the first major city in the USA to ban restaurants from giving out toys with meals that have more than a set amount of calories, fat and...

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Ground, roasted passion

In September Tchibo reintroduced its Tchibo Exclusive products, which are now made using a new recipe, from 100-percent arabica beans. Andreas Christmann, Tchibo’s international procurement director was present at the...

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The future haunts

GINNT EXPO, the Global Innovation Technologies Expo was held in the Syma hall from 15 until 17 September. GS1 Magyarország Zrt. organised the event for the second time in Hungary....

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2D code for Christmas

According to data from Scanbuy (New York), in August more 2D codes were scanned in the USA than in 2009. From Heineken beers to Gap clothes, QR codes can now...

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Mobile phone is a double-edged weapon

According to a survey by Millennial (USA), from 10,000 people who use their mobiles for shopping 27 percent said they had bought everything with their mobiles in the previous 30...

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Displays going greener

POPAI UK&Ireland founded its POS/POP self-regulatory environmental section called ‘Green Project’ 2 years ago. To celebrate the anniversary they organised a seminar where they presented PSS, the POPAI Sustainability Standard:...

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Annual meeting

POPAI Hungary Association held its annual meeting on 9 September. The board’s report was accepted unanimously and everyone remained in their positions. POPAI Hungary decided to send a delegation to...

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The OTP may acquire share in the largest Croatian food company

Podravka announced, that the company will not purchase the 10.65 percent of shares of the company, so OTP can gain share in Croatia's largest food producer and distributor company. Previously,...

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Nearly 19 million HUF donations gathered in the scope of the Tesco promotions

Tesco costumers collected 19 million HUF with the purchasing of 200 HUF nominal value fundraiser coupons, between the 13th of October and the 1st of November for the victims of...

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Homely flavours

One of the last decrees of the previous government’s ministry of agriculture opened a new market for small farmers: they can not only sell fruit, vegetable or eggs that they...

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New times and a new world (Part 1)

The number of participants at the joint Business Days conference of Trade magazin and Lánchíd Club, held at the end of September each year, is growing from year to year....

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All in one

How did Raiffeisen Bank change its former lending policy? We talked to György Dercsényi, the head of the bank’s small enterprise sector. T. M.: – The last 12 months were...

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New loans in the Széchenyi Card Programme

The economic crisis changed the Hungarian financing market; increasing risks forced financial institutions to survey the financial conditions of debtors more thoroughly. Enterprises with a weaker creditworthiness were steered to...

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Expansion during the recession

The factoring market did not escape the crisis either, but despite this negative environment Erste Faktor Zrt. became the most dynamically developing actor on the market. We asked CEO István...

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Innovative products

Erste Bank traditionally pays great attention to developing financial services for the SME sector. We asked Krisztián Vitéz, Erste Bank Hungary Nyrt.’s small enterprise sales director • – Erste Bank...

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Increasing demand for foreign exchange loans

We asked Citibank how the economic crisis affected their lending practices on the SME market. From their answer we learned that Citibank’s conservative risk management approach made it possible to...

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Companies are still waiting

According to a survey by Coface Hungary, from the companies asked nearly 40 percent saw their sales revenues decline by more than 10 percent in 2009. Another 10 percent of...

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A complex approach

The last 12 months were characterised by contracting business lending and less active commercial banks. We asked Zoltán Boldis, the product and process development director of Budapest Bank’s corporate sector...

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What you can eat today…

In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...

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On four wheels for Hungarian food production

Coop Rally was organised for the fifth time, and the 84 cars travelled around the central and northern part of Transdanubia from 16 until 18 September, to tell people about...

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Agricultural prices soared during the summer

The production price level of agricultural products augmented by 12.8 percent in July 2010, compared with July 2009. Vegetable products became 20.5 percent more expensive, while livestock and products of...

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Drugstores’ market position became more stable

The annual market of household chemicals and cosmetics exceeds the value of HUF 300 billion. According to Nielsen, these products’ retail sales did not change this January-August, compared with the...

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Decrease in the prices of food products

In August KSH reported a monthly consumer price decrease of 0.6 percent. Compared with August 2009, prices rose by 3.7 percent. In the first eight months prices were 5.2 percent...

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We still consciously pick the place of our shopping

According to a study titled ‘Retail analyses 2010, the first six months’, made by GfK Hungária, in the first quarter of 2010 a positive trend characterised households’ spending on food...

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Ipsos launched a validated online research system

Ipsos Zrt. launched a new online research service, called Validated Online Opinions (VOV in Hungarian). VOV is a research panel recruited from the users of networking website iWiW, which has...

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Fewer tourists visited Lake Balaton than expected

According to data from KSH, in January-July 2010 the signs of economic recovery were not significantly palpable in the tourism sector: fewer domestic guests were registered at commercial accommodation sites....

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We visit shopping centres less frequently

GfK Hungária’s latest (July 2010) survey on shopping centres reveals that the number of those going to shopping malls one or more times per week slightly fell, and the proportion...

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