News and articles

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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Purchasing power highest in Csopak

Csopak dwellers may spend the most, while purchasing power is lowest in Tiszabő (Jász-Nagykun-Szolnok county), according to a study by GfK Hungária. In the county ranking (including Budapest) Budapest is...

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Sailing out of the crisis – with innovations

“We sail out of the crisis!” This was the motto of the trade symposium organised by STI Petőfi Nyomda Kft. on the Zsófia event boat in September. Managing director Dr...

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Henkel innovations in washing

Biopon detergents have been renewed: besides cleaning clothes, they also make them easy to iron. They received a new packaging as well and will appear in stores from October. Silan...

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FOODAPEST NEWS

In just four months, FOODAPEST opens its gates in Hungexpo Budapest Fair Center. We are happy to inform you that in 2010 Trade Magazine will be the official journal of...

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The ”3 percent” ousted from the text.

News came after our magazine went to press that on 13 October the product path law, so much debated on the first day of the conference, was given a green...

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Next step: the concentration of suppliers?

According to Dr Judit Firniksz, a competition law expert with law firm Réti, Antall and Madl Landwell, a concentration process took place in Hungarian food retail in the past 15...

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More people use Internet banking

The number of people using on-line banking services increased by 1.8 percentage point in the first half of 2009 – according to a new study by GfK Hungária. This means...

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New digital signage solutions

At Viscom, the international trade fair for visual communication on 1-3 October 2009 in Düsseldorf 10,900 visitors saw the products and services of 310 companies. Hans–Joachim Erbel, the managing director...

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Mayonnaise academy

On 10 September, Univer Product Zrt. held a gastronomy-history event called Univer Mayonnaise Academy. Lectures, games and a cooking show brought mayonnaise closer to participants. Today Univer sells one third...

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Coupon terminal facilitates cheaper shopping

Two coupon terminals were placed in Duna Plaza, in the 13th district. According to Tamás Újvári, managing director of Kuponnet Advertising, by using the terminals shoppers can search for promotions,...

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Question:

At the time of crisis is it true for pálinka consumption that ”the pubs will be the last to close”? What are your views on the chances of Hungarian pálinka...

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Excerpt from the president’s justification:

…” It is the Parliament’s right to decide whether legislative means are needed to repel unfair market conducts. (…) I doubt whether the law is completely in line with the...

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In Poland thousands of small shops disappear, but their market share is stable

According to Nielsen’s ShopperTrends survey, the market share of small traditional shops has been stable at 55 percent for three years. Among modern retail channels supermarket is the most popular....

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Tetra Pak Danube stands firm

Despite the economic recession, Tetra Pak Danube operates steadily in Budaörs. In the first six months, the company realised a sales turnover of EUR 75.7 million. Company CEO Svend Weidemann...

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Growing international interest in Alimentaria tradeshow

Alimentaria is gaining importance outside Spain. For this reason the event has increased its budget for international promotion by 30 percent. Over 20 percent of the show’s 158,000 visitors come...

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Answer:

Market research data indicate that the economic crisis did have a negative effect on the turnover of bars and restaurants. Considering that our products belong to the premium segment, we...

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