News and articles
Kraft Foods sold one of its pizza division
Date: 2010-01-06 00:01:54
Kraft Foods Inc. sold one of its pizza division to Nestlé SA, for 3.7 billion USD. With the selling of the business sector, Kraft Foods further improves its bid for...
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Without structural reforms
Date: 2010-01-06 00:01:06
According to the Hungarian Chamber of Commerce and Industry (MKIK); 2009 was a wasted year in the aspect of economy participants – said Parragh László, president of MKIK. The biggest...
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SPAR: 118 tons of food in the ”To Give is a joy” campaign
Date: 2010-01-06 00:00:58
Between 15th and 20th December 2009, SPAR supermarket’s stores gave place to the ”To Give is a joy” campaign of the Hungarian Maltese Charity Service for the 14th time. The...
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Asda came up with the “action of the decade”
Date: 2010-01-06 00:00:35
Asda made another step, in the race of the British supermarket chains, when the company announced the action of the decade. It is a further pressure on Tesco, which will...
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New sales manager at Metro Commercial Ltd.
Date: 2010-01-06 00:00:02
From the 1st of January 2010, Óvári György is the new marketing director of METRO Commercial Ltd. His predecessor, Zsombor Tibor continues his career as the Central and Eastern European...
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The average price of pasta slightly decreased
Date: 2010-01-05 00:04:26
The annual retail sales of pasta exceeds 26 billion HUF, between December 2008 and November 2009, just like a year earlier. The shops sales are steadily over 52 thousand tons...
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The Hungarian corporate sector activity is bad
Date: 2010-01-05 00:04:02
According to the recent Statistics on financial accounts released on Monday; the Hungarian corporate sector activity has never been so deep, as in the third quarter of 2009. The datas...
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SME Marketing Expo will be held for the first time
Date: 2010-01-05 00:04:02
On 21st of January 2010 with the participation of more than a thousand SME managers, the first SME Marketing Expo will be held in Budapest. The speciality of the event...
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The French-Hungarian connection is buoyant, despite the crisis
Date: 2010-01-05 00:03:02
The Hungarian-French Chamber of Commerce counting more than 200 members, aspires on to mobilize the French-Hungarian business community, in order to exploit business opportunities effectively. In the Hungarian economy, the...
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Pigsticker competition in Napkor
Date: 2010-01-05 00:02:55
In Napkor, the 9th International pigsticker competition will be held on 9th January 2010, with pálinka, pork meat and stars. In the village of Napkor, located near Nyíregyháza from year...
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Free trade in Asia: 2 billion consumers
Date: 2010-01-05 00:02:01
From the 1st of January 2010, Free Trade Agreement will come into term between China and the six ASEAN member countries (Indonesia, the Philippines, Thailand, Singapore, Malaysia and Brunei). The...
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Non-uniform treatment at card requests
Date: 2010-01-05 00:01:10
The banks could refer on their own internal business rules at Széchenyi card requests, so there are no uniform criterias of the confiscation. According to a loan consultant; whole sectors...
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International cosmetic trade fair in Düsseldorf
Date: 2010-01-05 00:01:01
This years’ ” Beauty International” cosmetic trade fair will focus on the new possibilities of beauty and skin care. The trade fair will be held in Düsseldorf, between 26 and...
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New CEO at Metro
Date: 2010-01-05 00:00:12
According to the company's press release; from the 1st of January 2010, Peter Schweighofer is the CEO of Metro Commercial Ltd. Previously, for a half year, Jeroen de Groot led...
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Russians do not need chlorinated poultry
Date: 2010-01-05 00:00:02
Russia bans the importation of chlorine clened poultrym, from the 1st of January – announced the leader of the Russian High Authority of Health. The decision does not affect the...
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Last year, the arable crop reduced by one fifth, compared to 2008
Date: 2010-01-04 00:02:11
In 2009, in the case of crops, an average of more than 20 percent decline has occured in volume, compared to 2008 – said Gőgös Zoltán, Secretary of the Ministry...
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Excise tax increases by ten percent
Date: 2010-01-04 00:02:03
After the 2009 excise tax and VAT increase, from the 1st of January 2010, alcohol and tobacco excise tax increase will occur again. The consumers will detect only minor price...
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Italian wine imports makes the living of wine producers harder
Date: 2010-01-04 00:01:50
Slightly less than the annual average, about 3-3.5 million hectoliters of wine are in the cellars after harvest, while the domestic consumption of wine, according to estimations; are about an...
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Milk exports to Slovenia
Date: 2010-01-04 00:01:09
From January, daily 25 thousand liters of fresh Zala cow milk will be transported from Füzvölgy and Miklósfa to Slovenia. The Fűzvölgy Agricultural Production Co. has signed a one year...
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U.S.A.: improving labor market prospects
Date: 2010-01-04 00:01:03
The lowest unemployment benefits claimed in the United States for the first time since nearly one and a half years ago. Last week -seasonally adjusted – the number of new...
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UK online stores won on weak pound
Date: 2010-01-04 00:00:55
According to the estimations of Moneybookers; 30 percent of French Internet customers, 22 percent of the Germans and Poles are purchasing in online UK stores. Moneybookers estimated that euro zone...
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Huge champagne campaigns in Western Europe
Date: 2010-01-04 00:00:18
The economic crisis has shaken the champagne market as well: due to the the stagnation of the demand, traders are offering the luxury drinks on discount prices. In France it...
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Fradi beer from Nagykanizsa
Date: 2010-01-04 00:00:12
The Green Beer debuted also on the Exhibition of 100 miracles (100 csoda kiállítás) surprisingly began conquest from Nagykanizsa, not Ferencváros. The Fradi fan inventor needed almost 3 years and...
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New commercial director at Wrigley Hungária
Date: 2010-01-04 00:00:05
From the 1st of January 2010, Walter György will be the new sales director of the sales team at Wrigley Hungária Ltd. Hungary's leading chewing gum distributor, the Wrigley starts...
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Less spendings, more bank card usage
Date: 2009-12-30 00:06:21
We spent less this year for Christmas, but used more our bank cards. The Christmas of 2009 is more modest than in the previous years – but we still spend...
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Hungarians are worried about the future of their children and their jobs
Date: 2009-12-30 00:04:55
According to Nielsen market research company; The Hungarians’ largest problems are with job security and the education and prosperity of their children, as well as the rising of energy prices....
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Alcohol trade – worse than the construction industry?
Date: 2009-12-30 00:03:01
Alcohol will be consumed well during the crisis – many people thought all over the world. But according to Hungarian company statistics, much more windings started in alcohol trade than...
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USA: More and more optimistic consumers
Date: 2009-12-30 00:01:29
In December, the American consumers' confidence in the economy increased again, the improvement is mainly due to the long-term prospects in the labor market. The Conference Board's consumer confidence index...
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340 thousand German companies become insolvent since the turn of the millennium
Date: 2009-12-30 00:01:01
In Germany, 5 million employees were involved in corporate bankruptcies, since the turn of the millennium. According to Creditreform; about one out of five workers are involved. Since the turn...
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Russian vodka market may become whiter
Date: 2009-12-30 00:00:39
Dmitry Medvedev, recently made an unexpected statement, in order to protect Russian vodka market. They would introduce a minimum price, in order to increase legal consumption. According to the plans...
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