News and articles

Innovating summer at Szentkirályi

In the summer of 2009 Szentkirályi Mineral Water Ltd., introduced several novelties at a number of products to be better suited to consumer needs. At flavored waters a new flavor...

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Lots of British pubs closed due to the crisis

An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...

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The market share of Tesco fell a bit, while others grow

Tesco could not able to maintain its earlier market share in the British grocery market in the last three months, but the reduction was only one-tenth, so after the previous...

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MFB is still lending – with positive changes

The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...

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Brussels is not willing to reduce the milk quota

Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...

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LEI index: recession can end in the United States

The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...

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Another fusion in the Coop Group

The Economic Competition Authority (GVH) accepted that the food-group Nyírzem Ltd., – which is part of the Coop group will obtain 60 percent share in the Mezőkövesd Zrt. According to...

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Henkel stepped onto a better position on the list of the world's largest companies

Henkel improved 20 places to the 448th place on the 500 list of american Fortune magazine in the rankings of the companies with the largest turnover, furthermore the first time...

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Lots of students at McDonald's

This year summer work for students is ten times oversubscribed at McDonald's. The jobs have run out in a few days. Until mid-summer 3500 person tried to get a seasonally...

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The British Competition Authority against supermarket dominance

The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores. According to the Competition Authority; approximately...

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Carrefour to open 100 convenience stores in Malaysia

Carrefour has announced its intentions to open 100 convenience stores in Malaysia, focusing particularly on the company’s private-label brands, according to Malaysia Food and Drink Report. This is a significant...

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Agriculture expects one hundred billion HUF credit from banks

The Hungarian Agriculture Chamber sent a letter to Secretary-General of the Hungarian Banking Association Nyers Rezső that commercial banks to ensure the farmers' resource needs. According to experts of the...

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Great interest on the thirty-billion source

According to information provided by the Agriculture and Rural Development Office (MVH) 3800 applications had been received from farmers for agricultural machine support. The non-final data show, that the demand...

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Hungary may take action against Slovakia

If Hungary and Slovakia, do not agre in the common usage of Tokaj name Hungary may take the case into court to challenge Tokajská, Tokajská and Tokajsky names. According to...

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International Honey Fair and Beekeeper Meeting for the twenty-second time

On the 1st of August 2009 the 22nd International Honey Fair and Apiarian Meeting will be held in Jászberény again. Those who interested can hear the presentations about bee products,...

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Hungary’s fresh fruit exports can be ground on bananas

Hungarian banana consumption steadily rising for twenty years and at the same time, the re-export. Fifty-three percent of the fresh fruit export comes from banana export in the winter months....

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Social shop to open in Paks

With the participation of the Hungarian Famers Cooperative Association and Hungarian Farmers, Tolna county’s 1st social shop opened which is the 53rd social shop int he country. Two more shops...

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Nescafé celebrates its birthday

Exactly forty years ago, it was in the hand of Armstrong during the conquest of the Moon. For the 70th birthday of Nescafé a virtual gallery to open from the...

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The Shoppa.hu virtual store has been opened

New online trading portal has been open for small wholesalers and service providers. Those who interested can find themselves in a virtual store, where they have right to lease products...

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The way to taste beer – according to Dreher

With some practice one can not only be able to distinguish the main beer types, but also be able to choose ones favourite from the other beers, even blindfolded. Before...

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The National Trade Association agrees with the President

The Secretary OKSZ agrees with letter of the President, where Sólyom László justifies the reasons why he sent back the law prohibiting the unfair distribution behavior of agricultural and food...

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Variable quality of the grain harvest

The rainfalls of June, harm the cereals: the quality of this year's barley and wheat are mixed. According to the announcement of the Ministry of Agriculture which was harvested before...

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Mirelite liquidate itself

The Mirelite Csepel Hűtőipari Ltd. is no longer to finance its operation costs due to the declining demand and tightening bank credit. The pioneering company in the production of domestic...

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GKI – The competitive and business environment indexes of Microsoft- 2009. July

The GKI Economic Research Ltd., with the support of Microsoft publishes a quarterly index, where Hungary's competitiveness is compared to other countries of the region, as well as domestic and...

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The amount of the nylon shopping bags halved in a two year period

With the assistance of seven leading UK retail chains, including Tesco, Asda and J Sainsbury, in Great Britain, the number of nylon shopping bags in May halved, compared to the...

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We should wait for Szobi syrups

Despite the new owner bought the Szobi syrup manufactory from the liquidator for 450 million HUF the production has not started yet because of the lack of agreement with the...

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Food Lion builds green grocery store

Delhaize’s Food Lion is building its first green grocery store. The store, located in South Carolina, will feature a number of environmentally friendly construction and energy-efficient services, including an on-site...

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Vulcano chocolate: does not melt, do not fatten

The British press proclaimed Vulcano as the “Holy Gral” of chocolates. Vulcano contains 90 percent fewer calories, than the traditional chocolates and much more difficult to melt. The product was...

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New managers at SCA

Dr. Ránky László, managing director of SCA Hygiene Products Ltd., and also director of the Consumer Division has retired on 30th June 2009 after more than 10 successful years at...

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Algida's factory in Veszprém

Unilever Hungary Ltd. has just opened its factory-building to visitors in which brands like Magnum, Cornetto and other Algida-delicates are going to be produced. The new building is 8700 square...

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