News and articles

Retail’s fall may stop in the second half of the year

Although on paper recession has ended, but the traders expect a further market decrease, in the first half of the year. The second six months, may bring stagnation. The participants...

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Dozen Hungarian companies in the festival of own brands

Twelve companies represented Hungary in the Netherlands, between the 18th and the 19th of May, at the largest international trade exhibition of own branded products, at the PLMA. At the...

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Foodbank Conference in Budapest

The annual meeting and conference of the European Association of Foodbanks will be held in Budapest, between the 27th and 29th of May 2010. The meeting aims to launch a...

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Sportswear beside canned food

The largest sportswear brands open toward the supermarkets. Previously, the runway collections, or the B-class products were marketed in these places, now the latest sportswear trends will also appear among...

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Kékfrankos competition in Szekszárd

The Szekszárd wines won the most of the gold medals. Among them the best wine became the wine of the Takler winery at the 6th Szekszárd International Kékfrankos competition. 127...

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Deteriorating consumer sentiment in Europe's largest economy

According to the survey of GfK; The euro zone's financial crisis and the weakening euro start to impact on the consumer mood in Europe's largest economy, Germany. Thus, the consumer...

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Henkel among the super brands

Four of the brands of Henkel Hungary Ltd. have received the Superbrands excellence status. The company, has now a superbrand status within each business lines. Vademecum in the Beauty business,...

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Young woman in the lead of Hungarian McDonald's

In May 2010, Horváth Ágnes was appointed as the Managing Director of McDonald's Hungarian Restaurant Network Ltd.. The 36 year old Horváth Ágnes joined to McDonald's, after graduated from the...

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4.6 percent turnover decline in retail sales

The retail sales volume – adjusted from calendary day effect – decreased by 4.6 percent, in the first quarter of 2010 and in March by 4.0 percent, compared to the...

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SME week to come

The European small and medium-sized enterprises can receive informations on supports and can exchange their experiences at the events of the European SME Week starting on Tuesday. More than 50...

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Törley: Rain of medals in England

Törley Group's products gained success this year, in three very prestigious international wine competitions. On the Decanter World Wine Awards, International Wine Challenge, the products of Törley Group won 8...

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Energy-saving salami ripening cells at Kométa

Six new salami ripening cells were installed beside the existing 24, at the Kaposvár plant of the Kométa ’99 Zrt.. The total base area therefore increased by 30 percent, each...

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Moroccan producer who exported contaminated pepper excluded from export

According to Muláj Abbesz el-Kadiri Moroccan Ambassador, the exporter, who exported pepper contaminated with chemicals to Hungary will be excluded from export. The contaminated product was produced by a small...

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Industrial orders: 20 percent annual growth in the euro area

The euro zone’s new industrial orders increased in an extent, have not seen for 10 years in March, which may be another indication that the second quarter, will occur well...

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The Poznan International Fair for sale

The Polish government plans the privatisation of the organising company of the Poznan International Fair. The Treasury Ministry will start the negotiations with the potential investors, later this year or...

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Many shops can not give back from the twenty-thousand banknote

According to the joint survey of the MasterCard and Bankkártya.hu joint in most of the shops in Budapest the change of the largest Hungarian bank not is still an impossible...

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Government program: focus on local food production

According to the rural chapters of the government program; The new government would terminate the multi tax nature of the food retail shelf money and would reduce the sales of...

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GKI index is on its pre-crisis level

In May, the value of GKI’s seasonally adjusted business climate index continued to rise. According to the survey, made by GKI Economic Research Co. (www.gki.hu), with the support of the...

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Decline in fruit and vegetables yield, due to rainfall

Due to the rainfall and the floods the fruit and vegetables yield, will be 10-15 percent less, but price increases are not necessarily expected. The experts questioned by the InfoRádió...

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Western Europe eats ducks rather than geese

The consumption of geese products decreased, partly due to the discrediting campaign of the Four Paws, partly because of the crisis in Western Europe. More and more customers are buying...

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PEDIGREE ® again the most reliable pet food brand in Hungary

The Hungarian readers of Reader's Digest voted for the Pedigree ® brand as the best in the pet food category of the “European Trusted Brands”. The brand has received the...

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Nestlé recals three of its coffees

Nestlé Hungária Ltd. recalls the Alta Rica, Cap Colombie and Espresso instant coffee product lines – published the Hungarian Food Safety Office, on its website. The reason of the recall...

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SIÓ: Twenty pallets of Fruit juice for the volunteers

The SIÓ-ECKES Ltd. offered several millions HUF worth of fruit juice to the professionals and the volunteers, who are fighting against the flood in Northern Hungary. Friday afternoon, with the...

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Metro continues its Asian expansion

German trading group Metro is massively expanding in China and at other growing markets in Asia. In long terms Asia, and in particular China always played an important role in...

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Tesco supports the introduction of minimum alcohol prices to combat against abuse

Tesco supports the prohibition of the distribution of alcoholic products below cost prices in Britain. The new British government would impose minimum prices for drinks in order to discourage excessive...

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The PepsiCo also invests in Chinese agriculture

The U.S. PepsiCo. will invest 2.5 billion USD in China in the next three years – announced Indra Nooyi, president and CEO of the company in Friday in Shanghai. The...

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The food industry should be treated as a strategic sector

The food industry may ruin, if we fail to boost innovation – states the Hungarian National Food Technology Platform. According to their calculations; 45-50 billion HUF should be invested in...

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There is no ceasefire between the stores and the suppliers

Next week, the suppliers will make a statement against those food retail chains, that are most violate the unfair trading practices law. The two major problems with the food retail...

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Széchenyi Card: 7.6 billion debt, from 750 billion

The Hungarian companies has reached 750 billion HUF credit line through the Széchenyi card system. Currently 1600 companies are on the black list, but the bankruptcy rate is relatively low.The...

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Hungary's competitiveness has improved

Hungary improved from last year’s 45th place to the 42nd in IMD’s 2010 competitiveness rankings – reports the Swiss IMD, the world's leading business school. According to the latest ranking;...

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