News and articles
Winding ups and liquidations in all quantities
Date: 2010-01-28 00:04:37
According to Creditreform Ltd.; the number of insolvency proceedings in 2009, exceeded 14,600 which is a 29 percent increase, compared to 2008. In the cases of winding ups, the growth...
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Visa is satisfied with its 2009 results
Date: 2010-01-28 00:02:38
According to the results of Visa Europe; Visa debit cards performed well last year. Total card spending increased by 6.3, while the number of POS transactions increased by 10 percent....
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A growing number of consumer complaints
Date: 2010-01-28 00:01:59
The Budapest Conciliation Board closed 1774 cases last year. This is nearly 400 more cases, than the 1398 cases of 2008 – said Baranovszky György the Chairman of the Board...
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The “Together for the nurseries” program ended with great success
Date: 2010-01-28 00:01:22
The Executive Director of Tchibo Budapest Ltd. and Csisztu Zsuzsa, the ambassador of the campaign, handed over the 600 thosand HUF support to the representatives of the six winning nurseries....
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New sales manager at XAPT
Date: 2010-01-28 00:00:35
Kovács János was appointed as the Hungarian head of sales at XAPT, from the 13th of January. The newly appointed leader will be responsible for the sales operations management and...
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Penny Market: a fine for trappista cheese
Date: 2010-01-28 00:00:15
The Economic Competition Authority fined Penny Market Ltd. to 33 million HUF, because the company made unfair practices against consumers in connection with its “13 years of action”, took place...
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The confidence restored
Date: 2010-01-27 00:03:52
This year, businesses expect a positive change, since the K&H SME confidence index has risen to the value before the crisis, standing on -14 points. Last time the index value...
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EBRD expects a recession in Hungary for this year
Date: 2010-01-27 00:03:40
Risks borne the recovery prospects of the Eastern European region – said the President of the European Bank for Reconstruction and Development (EBRD). who, believes there is a cause for...
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U.S. consumers are still confident
Date: 2010-01-27 00:03:25
Conference Board's consumer confidence index, increased to 55.9 points in January, from the 53.6 points of December. The recent positive data is a surprise. Analysts expected only 53.5 points. The...
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2010 can be an effective year for the Tóalmás meat plant
Date: 2010-01-27 00:03:00
The Tóalmás meat plant achieved a significant, approximately 20 percent revenue growth in spite of the crisis. Although they could not enforced increase production costs in their prices last year,...
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Near seven billion USD traffic between Hungary and China
Date: 2010-01-27 00:01:55
Hungarian export value increased by 4 percent, between Hungary and China. The two countries are getting more open towards each other. According to Chinese trade statistics; last year the traffic...
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Johnson & Johnson's report brought positive surprises
Date: 2010-01-27 00:01:33
Johnson & Johnson published better than expected results in its fourth quarter report. The company earnings per share was 1.02 USD, by eliminating the effects of the single items, while...
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Univer’s “Kitchen Devils” action was highly successful
Date: 2010-01-27 00:01:25
The main prize of Univer’s “Kitchen Devils” game campaign was lotteried. The lucky winner won a 1 million HUF value purchase order. During the game, more than 340,000 SMS messages...
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Germany can redeem 50 billion worth of fuel
Date: 2010-01-27 00:00:35
According to the experts of the German Federal renewable energy organization; Germany may be able to significantly perform beyond EU's directives of share in 2020 in the case of renewable...
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Octavian Dascalescu is the new CEO at BAT Hungary and BAT Austria
Date: 2010-01-27 00:00:15
A new CEO was appointed as the leader of the British American Tobacco Hungary (BAT). The Romanian-born expert, who can speak Hungarian replaces Emil Moskofiant, who was the CEO for...
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The retail on slope
Date: 2010-01-26 00:09:58
According to the Central Statistical Office; the retail sales volume adjusted from calendary effects, decreased by 5 percent, in the first 11 months of 2009. In November, it was 7.8...
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Hungarian success at the Green Week
Date: 2010-01-26 00:09:29
Hungary was the main guest and stood in the focus for ten days, on the world's leading agricultural and food trade fair, the Berlin Grüne Woche, ended on Sunday. The...
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Three exhibitions at one place
Date: 2010-01-26 00:09:11
Hungary’s one and only exhibition of viticulture and winery technology offers an ideal opportunity for introduction in the rest period for the sector, before the beginning of the seasonal works....
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The GKI economic situation index improved further
Date: 2010-01-26 00:08:26
The seasonally adjusted value of the GKI economic situation index started the year with a slight rise. The number of those, who believe in increase of the production is the...
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2010 will be the year of kékfrankos
Date: 2010-01-26 00:03:14
2010 will be the year of kékfrankos in Szekszárd, where an international kékfrankos wine competition will be held, on the 24th and 25th of May. Beside the domestic wines, Slovakian,...
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Whiskas.hu became the best site of the year
Date: 2010-01-26 00:01:26
The Hungarian Whiskas web site became the best site of the year, in the best brand sites category, on the voting of the Internet Marketing Club (member of the Hungarian...
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Biofuel is manufactured from the quarter of the American grain
Date: 2010-01-26 00:01:02
Food could be provided to hundreds of millions of starving people, from the grain that serves as biofuel in the United States. The bio-ethanol program also plays a role in...
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Germans purchase, despite bad sentiment
Date: 2010-01-26 00:00:55
According to the survey of GfK; The consumer climate continues to deteriorate in Germany, but the buying mood is improving, thanks to discount prices. The bad mood of consumers is...
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If you already have luxury, show it
Date: 2010-01-26 00:00:33
According to the attitude survey of Synovate, on international luxury goods, the number of those who not only buy, but show their luxury goods is the highest in Hong Kong....
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Tesco joins the movie industry
Date: 2010-01-26 00:00:19
British Tesco is trying to enter to a new market; this time trying to enter to the movie business. According to the plans, the chain would participate in the filming...
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Molecular components in the nano-food
Date: 2010-01-25 00:08:51
Nanotechnology is said to be the most important food preparation novelty of the 21st century. According to technologists; due to nanotechnology, our dishes will be healthier, more refined and cheaper....
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Buszesz: energy drinks increased the revenue
Date: 2010-01-25 00:07:45
Despite the recession Buszesz Ltd.’s 2009 turnover is expected to grow, by about 10 percent and may reach 6 billion HUF, compared to the previous year. Although the price of...
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The main consumer trends in 2010
Date: 2010-01-25 00:04:12
Trendwatching.com, posted its top 10 list of the trends of the new year. The company's network consist of more than 500 observers follows the current consumer trends, all over the...
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Fornetti is the franchise network of the year
Date: 2010-01-25 00:02:19
The Hungarian Franchise Association also gave its professional awards this year. Fornetti deserved the ”Franchise network of the year” recognition. The dynamic evolving young franchise network of the Year award...
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Bad Christmas for British retail
Date: 2010-01-25 00:01:25
The British retail sales in last December, increased less than expected, mainly due to price increases. According to the Statistical Office; sales rose by 0.3 percent last month. Experts expected...
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