News and articles

Vehicle liability insurance in the Tesco again this year

From 2nd November to 31st December, Tesco customers can choose their own best compulsory vehicle liability insurance, from the offers of all Hungarian insurance companies. In addition, beside the customers...

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U.S.A.: rising house prices, falling consumer confidence

Compared to July, 1.2 percent increase has occured in house prices in the U.S.A. The publication of Conference Board's consumer confidence index washed away optimism. The index was well below...

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New regulation control the services provided at accommodations

According to the new government regulation; The hotels should provide other services besides accommodation, and at least 11 rooms and 21 beds should be maintained. The regulation covers all accommodation...

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Growing retail real estate investments in the second quarter of 2009

According to the latest reasearch of Jones Lang LaSalle real estate consultant; European retail real estate investments increased 85 by percent in the second quarter compared to the first quarter....

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Food prices may dramatically increase

According to the experts of the Standard Chartered Bank; Great food price increases may come in the next few decades. The UN estimates that, by 2050 the global population will...

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Climate protection instead of agricultural support

The pre-draft document in which the European Commission outlines its visions for the 2014 – 2020 budget, indicates a strong shift from the agricultural policy and employement towards climate change...

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GM products in Hungarian shops without any indication

Despite Hungary stands out strongly under the prohibition of gene modified (GM) plants, domestic agriculture is not yet without them. The only permitted gene modified MON810 maize in Europe, although...

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McDonald's withdraw from Iceland

In a few days Iceland will stay without McDonald's: last two McDonald's fast food restaurants of the island will close on 1st November due to the high operating costs. The...

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FOODAPEST NEWS

From 2010, HUNGEXPO Zrt.’s prestigious trade exhibitions are organised based on a new concept. FOODAPEST and UKBA will take place every second year, at the same time. The first dual...

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A star is born with Tesco Express

A 400-m² Tesco Express will open in Budapest’s former Csillag store on Rákóczy Road, together with a café that intends to continue the traditions of the old Ostende café....

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New “green” promotion from Tesco

Tesco-Global Áruházak Zrt. launched its “Is your school green?” waste-recollecting competition, which lasts from 11 September 2009 until 11 January 2010. Tesco stamps into a stamp book (which can be...

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Erste Bank

Market changes in the past few years influenced customer demand. Firms often postpone their investments and revise their spendings. This trend entails the optimisation of financial services used and a...

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Decrease, but improvement as well

In January-July 2009, the volume of foreign trade was 18 percent lower in export and 25 percent lower in import than one year earlier. KSH’s report also states that our...

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Sága „Nyerjen egy év nyugalmat!” nyereményjáték

Advertising Sága’s prize game ”Nyerjen egy év nyugalmat!” that lasts from 1 October 2009 until 11 December 2009. Agency: Hammer Advertising / média: PHD Customer: SáGa Foods Zrt. Product: Sága...

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Thank you, Lord…

…for listening to me after all and giving me back my faith in human intellect. Thank you to the trade for this several-hour conversation at the conference in Tapolca about...

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New marketing director at Heineken Hungária

János Makkay replaced Cor Honkoopot in the marketing director’s seat at Heineken Hungária Zrt. János Makkay worked at Unilever for seventeen years, directing market affaires in six countries from 2007....

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Mosoly Alapítvány is supported foundation of the year in 2009

The foundation’s winning the title implies a HUF 40 million support for the Mosolyvarázs programme from Tesco-Global Áruházak Zrt. and Procter&Gamble, to help chronically ill, disabled and poor children....

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The factoring market

According to data by the Hungarian Factoring Association, factoring services only made up for 2.5 percent of the GDP in 2008, while the same ratio in the EU is almost...

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Fewer guests spent fewer nights

On the commercial accommodation services market, the decline that started early 2009 continues, the trend does not seem to turn yet. In January-August 2009, 2,173 thousand foreign guests spent 6,350...

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Customer satisfaction is the guarantee for our company’s success

We had a conversation with CEO Dr. Tibor Bakonyi about the steps the company has taken recently to improve their market position and serve customers. According to the CEO, during...

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Farewell to charming national figures

Although Parliament passed the new advertising bill last year, certain paragraphs only entered into force this spring, for instance those that regulate tobacco product ads and open-air advertising. Changes in...

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Campaign for dishwashers

Calgonit and Bosch launched a campaign, named “Take it seriously” for popularising environmentally friendly methods and dishwashers. According to research findings, cleaning dishes with a machine requires 2.5 times less...

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Turkey stew with plum for 1,500 people

The 12th Plum Days were held in Szarvas on 11-13 September, with 20-year old turkey processing company Gallicoop as one of the main sponsors. Gallicoop’s master chefs cooked a stew...

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Erste Faktor improves its market position

Although in the first quarter the factoring market contracted, Erste Faktor Zrt. managed to expand significantly (by 40 percent in the second quarter; in the same period the market contracted...

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The brake still holds back the industry

In July 2009, industrial production fell by 19.4 percent, compared to the same period a year earlier. KSH’s report states that the volume of production was 22.1 percent lower in...

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Heaven in hell

It is the end of the year, the time has come “to cast an account”. HELL Energy Magyaroszág Kft. is happy to do it, since HELL energy drink has been...

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Stores opening

Tesco Express, Budapest (Rákosszentmihály) Open: 31 August Chain: Tesco Store space: 382 m2 SKU: 2500–3000 Tesco szupermarket, Szolnok Open: 4 September Chain: Tesco Express Store space: 1000 m2 SKU: 3–4000...

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New head of Henkel Magyarország

From 1 October, economist Dieter Knoll (46) is the new head of Henkel Magyarország. Ferenc Deák, the company’s former managing director stays with the company in its Düsseldorf headquarters. The...

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Warning! Traffic diverted! – Business Days 2009 (Part 1)

This was the sub-title of the joint Business Days conference of Trade magazine and Lánchíd Klub on 30 September-2 October in Tapolca. The venue was decorated with traffic signs –...

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CIB Faktor provides additional services

In the first six months of 2009, factoring turnover at CIB Faktor increased by 16 percent, compared to the same period last year, while the Hungarian factoring market contracted by...

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