News and articles

II.Pilsner Urquell – HoReCa Regatta

The compatition on 26th July in Balatonlelle is sponsored by Dreher Brewery, patroned by Hotel Association of Hungary and the Hungarian Hospitality Association.  It is the second season of the...

Read more

Tip in the annual tax return

According the Hungarian Tax Authority employes in the domestic catering service got HUF 1 billion tip in 2007.   This year almost 4,000 waiters avowed average HUF 24,000/month tip thinking...

Read more

Record Low Shows DATAWATCH ZEW

The ZEW index dropped to -63.9 in July from -52.4 in June, declining for the fourth month in succession and setting a new record low for the series.   The...

Read more

In May 2008, the industrial gross output increased by 4.7%

The volume of the production was higher by 6.9% in the first five months of 2008 than in the same period of the previous year.  The volume of industrial production...

Read more

Retail ventures are stain on liquidity

According to Coface Hungary the number of proceeding because of insolvency grow by 13% in the first half of 2008 in Hungary.  The most insolvency proceedings, starting this year, stem...

Read more

Watermelon Protest Against Auchan

Suppliers from Békés and Jászság region covered 21 truck of watermelon in front of warehouse, the half of the parkplaces are laced by the fruit.  The growers protest against Auchan's...

Read more

Czech Bochemie to buy EVM

Bochemie is the market leader by producer of disinfectants, cleaning products in Czech Republik and Slovakia. With the acqusition company get the well known Hungarian brands as Bip, Ultra and...

Read more

TriestEspresso Expo

The event between the 13th and the 15th of November 2008 is the Number 1 biennial B2B exhibition in the theme of the espresso coffee trade industry.   Trieste will...

Read more

Levi's Profits Fall

US jeans maker Levi Strauss posted a 98 per cent drop in quarterly net profit. The company cited weak consumer spending in major global markets, including the United States.  ...

Read more

New Tesco Store in Dabas

Almost 160 people work at the 3,000 sqm big unit, laying at the high street Nr. 5. closer to Budapest.  It is Tesco's 79th store in Hungary, the unit is...

Read more

Happy Anheuser-Busch InBev

InBev NV agreed to buy Anheuser- Busch Cos. in a $52 billion transaction that will make the Belgian company the top brewer.   The $70-a-share purchase announced today will give...

Read more

Penta to acquire Pápai Hús

The Slovak firm was the only company to submit a bid for Pápai Hús, whose published asking price is Ft 5 billion. The liquidator Vectigalis has begun negotiations with Slovak...

Read more

Fresh Potato in Chio Chips' Sachets

Contrary to last two years shutdown because of missing raw materials, this year the Hungary's only potato chips plant works in all season.  In 2006 and 2007 the Chio Hungary's...

Read more

Henkel official partner of Expo Zaragoza

Participation in Expo 2008 underlines commitment of the company to protecting water resources.  The doors of the world exhibition in Zaragoza, northern Spain, remain open until September 14, 2008. Henkel...

Read more

The financial crisis is confirmed in Europe and is spreading

Coface has reduced Spain, Estonia, Latvia and placed Portugal, Denmark, South-Africa and Vietnam under negative watch.   In Europe, the financial crisis is dragging Spain down, which is pulling Portugal...

Read more

Hungrana to Process Yearly One Million Tons of Corn

Based on the start-up of the new production capacities, Hungrana now operates as Europe's largest producer for corn starch and isoglucose.   Total investments in the project amounted to approximately...

Read more

Light enjoy by Milli

Friesland Hungária focuses on healt by developing new products, now here comes the light version of the popular Milli Yoghurts, the Milla Mia.   Companies bring day to day bring...

Read more

MOL-Marché Restaurant near to Budapest

The 3th common restaurant was open at Wienne side of the M1 motorway, at 22th kilometers.   At the end of August 2007, Marché International and MOL signed a Memorandum...

Read more

Season starts with scandal

Auchan offered watermelon by HUF 49, what is a dumping price – said the growers, who protested with gushing a ton of watermelon in front of the an Auchan store....

Read more

Henkel: Quality and CSR

For development work to be classed as “responsible”, it needs to take into account not only the economic perspective but also ecological and social aspects.   From this days Henkel...

Read more

Malaysian fish is not safe

EU temporarily bans Malaysian fish imports for failing to meet its standards.   A Malaysian fisheries department official said the decision was made after EU veterinary and food officials conducted...

Read more

Almost 7% inflation in the first HY

In June 2008 consumer prices rose by 0.1% compared to the previous month and increased by 6.7% compared to June 2007.  In June 2008 compared to the previous month food...

Read more

Starbucks to Enter Bulgarian Market by End of 2008

In 2007 the Starbucks Europe, Middle East and Africa division recently extended its joint venture agreement with the Marinopoulos Group to open stores in Bulgaria. According to the Greek newspaper...

Read more

Record Dividend Payment by Zwack Unicum

The company pays a 110% dividend against the nominal value of its common and redeemable liquidation preference shares, i.e. the gross amount of the dividend for a share of with...

Read more

German Anti-Cartel Office Fines Cosmetic Firms

Germany's Federal Cartel Office has fined the German units of nine cosmetics companies including Chanel and L'Oréal a total of almost 10 million euros for sharing strategic information.  Individual fines...

Read more

Delhaize eyes east Europe retailers

According to Dutch newspaper, Het Financieele Dagblad, the company is looking for aqusiton in the region.   Chief executive Pierre-Olivier Beckers told the paper: "We are in no rush and...

Read more

Simplified EU Rules for Authorising Food Additives

The European Parliament has adopted a legislative package that will see products containing any of six artificial colours labelled with a health warning.  The decision to put a warning on...

Read more

EU Working Group of Ministers about GMO

Paris has announced the creation of a “group of friends of the presidency” to consider the EU's GMO authorisation process, which it wants to take better account of “local specificities”...

Read more

Carrefour's shares fell to lowest

Europe's biggest retailer's second-quarter sales growth slowed on weaker spending at its French superstores. Sales rose only 6 percent to 23.7 billion euros.   Carrefour has a 10 percent increase...

Read more
Oldal