News and articles
Hungarian Wine House Ltd under liquidation process
Date: 2009-06-26 00:04:00
The liquidation process of Hungarian Wine House has started on 2nd June. The company has kept a busy business in the touristically signuificant Buda Castle. The interest in the wine...
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British business services sector may lose over 300 thousand jobs
Date: 2009-06-26 00:02:00
Over 334,000 jobs will be axed across the business services sector by 2011 – the Centre for Economics and Business Research (CEBR) warned. The study conducted by CEBR suggests that...
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Floating-island by Kis tejes
Date: 2009-06-26 00:01:00
Kis tejes is coming out with a new product: floating island dessert with a flavour of nostalgia. A floating island is an European dessert consisting of "islands" of meringue floating...
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UN-OECD outlook: growing food prices in the next ten years
Date: 2009-06-25 00:09:33
Increased demand for biofuels driven by high oil prices is causing fundamental changes to agricultural markets that could drive up world prices for many farm products, according to the new...
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The agrarian branch may be a way out of recession
Date: 2009-06-25 00:09:30
Significant changes occurred in the agrifood chains and related market relations throughout Central and Eastern Europe during the last decades, results are stable now – professor Csaba Csáki pointed out...
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Herz trying to reach an agreement with creditors
Date: 2009-06-25 00:08:00
The owners of Herz Salami Factory are trying to reach an agreement with creditors prior to the liquidation process. If the agreement is made, the company may survive – Világgazdaság...
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Danone Ltd. helping children program
Date: 2009-06-25 00:05:00
The main purpose of the program initiated by Danone Ltd., running under the name „Help Children Together” is to support children living with tumour – the money gathered buy the...
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Intelligent storage and shipping by XAPT
Date: 2009-06-25 00:04:35
XAPT Hungary Ltd. has developed a new device in the area of storage and shipping that may significantly reduce serving time and thus reduces expenses, too. The market-leading company specialized...
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Avantgard, modern and classic syle in one
Date: 2009-06-25 00:01:00
Unique, timeless prducts, authentic British elegance, mdern style, interesting solutions: a bathroom-equipment saloon in Hervegprímás street has just opened its gates on 24th June. The idea of the saloon was...
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Preferential tax for benifits in kind
Date: 2009-06-24 00:15:52
Based on a new agreement by National Interest Reconciliation Council, benifits in kind are not being taxed according to the 32 percent general, but the 25 percent preferenitial tax key....
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The way GKI sees 2009
Date: 2009-06-24 00:10:01
For Hungary (and for every other emerging country) the period of ample liquidity finished that came to en and last year meant that missing domestic savings could be substituted with...
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Hungarian customers get information online before shopping
Date: 2009-06-24 00:09:00
Hungarian customers do obtain information online before doing the actual shopping in most of the cases – according to a survey conducted by TNS Infratest, ordered by Google. Thousand customers...
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Coop Szolnok allowed to purchase Héliker
Date: 2009-06-24 00:08:00
The Hungarian Competition Authority (GVH) gave Coop Szolnok the permission to purchase Héliker Commercial Ltd. Coop Szolnok has entered into a contract with Héliker on 5th March 2009 to obtain...
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Danone's 123 million new shares are of great interest
Date: 2009-06-24 00:07:00
France-based Danone had sold 123.2 million new shares for 24.73 euros each, now 5.5 billion bookings have been counted at the auction in Paris. The company had raised 3.05 billion...
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GfK Hungária is a Business Superbrand yet again, for the second time
Date: 2009-06-24 00:06:00
GfK Hungária has become a Business Superbrand yet again in 2009: the market research company has been selected to be among the best brands of the business sector (B2B) for...
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Pasta-factory in Verpelét for French and Italian export
Date: 2009-06-24 00:03:00
French-owned ASIAFOOD Ltd. is planning to open a factory in order to produce frozen pasta in Heves county, in the village of Verpelét – as announced by MTI. According to...
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Wage boost at Kométa
Date: 2009-06-24 00:01:00
More than 500 employers are affected by the wage boost taking place from July at Kométa Ltd. The wage boost is of 3-4 percent, depending on the basic wage and...
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The winners of Rauch Hungária's prize game go to Croatia
Date: 2009-06-24 00:00:20
Rauch Hungária Ltd. has launched two great customer promotions and now – in co-operation with a number of retails – organizes a prize-game, offering interesting, exciting gifts. The Rauch IceT...
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VAT-war goes on: OKSZ denies its responsibility
Date: 2009-06-23 00:15:00
OKSZ (National Commercial Association) denies the assumption that they abuse producers' market strength when it comes to the VAT-rise. Hungarian food producers have made their complaints at the Commercial Competition...
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Drink makers afraid of VAT-changes
Date: 2009-06-23 00:13:00
While certain areas of the Hungarian alcoholic beverages market will hardly be affected by tax changes, other segments may suffer greatly. Csaba Horváth, secretary general of Hegyközségek Nemzeti Tanácsa said...
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Many prizes at the 10. VinAgora International Wine Competition
Date: 2009-06-23 00:09:00
Since it was founded in 1992, VinAgora has risen to become one of the 10 most respected competitions in the profession worlwide – this year the competition took place in...
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Cadybury's success: chocolate getting more popular in Britain
Date: 2009-06-23 00:07:00
Britain's major chocolate producer Cadbury is very likely to fulfill its business plans for the year as Brits are buying more and more chocolate, while US traffic is about to...
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Ocado launches automatic re-order software
Date: 2009-06-23 00:06:00
Online grocery delivery firm Ocado is currently in the process of developing software that can predict when a household needs to re-order a particular product and will add it to...
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Tesco with a debt of net 10 billion pounds
Date: 2009-06-23 00:05:25
Tesco Plc’s decade of international expansion has pushed debt ratios at the U.K.’s largest retailer to record levels, endangering the company’s credit rating and sparking a backlash from fund managers...
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Carrefour entering Russian market
Date: 2009-06-23 00:04:00
Carrefour has established its first outlet in Russia. The company opened a hypermarket in a shopping centre in the capital Moscow. The grocery retailer has leased 14,300 square metres of...
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Sensation – departing client contact director
Date: 2009-06-23 00:02:00
László Farkas, former client contact director of Sensation Event Marketing is leaving his poisition starting from 19th June and starting his new position as the manager of Claybird Group. Fazekas...
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La Festa prize game is over
Date: 2009-06-23 00:01:00
La Festa cunsomers' prize game came to an end and the big Voga Hunt is over too, in which La Festa took part as a collaborative partner. Within the Compass...
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CIES: abudance in food, yet 40 percent is never eatean
Date: 2009-06-22 00:23:00
The 53rd World Food Business Summit in New York City, gathered 660 CEOs and senior managers of the world's food and consumer goods retailers and manufacturers, from 44 countries for...
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Retails aiming to increase less than expected
Date: 2009-06-22 00:22:05
Retail companies are not planning to add the 5 percent VAT-rate increase to all their prices, to be introduced on 1st July – companies interviewed by MTI pointed out. The...
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Bus-tourism may see a 15 percent increase this year
Date: 2009-06-22 00:22:00
Bus-tourism is more popular than ever all over Europe, and this tendency is already visible in the Hungarian foreign trade trends as well – an article by Világgazdaság states. A...
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