News and articles

Commitment of Hungarian Trade Association about Food codex

Traders aspire for balanced business contacts with suppliers on consumers behalf.  On 13th February was a meeting between the representatives the food product rail and the Ministry of Agriculture. A...

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Price of clothing and footwear decreased

In January 2009 consumer prices increased by 0.6% compared to the previous month and rose by 3.1% compared to January 2008.  In January 2009 compared to the previous month food...

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Discount feeling disappear, assortment expands

On 12th February 2009 opened the first rebrand Spar stores in Hatvan, Sopron and Sárbogárd.  Last year SPAR aquiared Plus chain and in January it started to rebrand the units....

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The newest award for Francois President Rose but champagne

The 15th Berlin Wine Trophy was trumped up between 22-26 January 2009. The jurey tasted 3,152 wines and award 120 Premium Gold, 641 Gold and 136 Silver medals.  From the...

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Birthday design award by Tchibo

Tchibo calls for tender together with MONE and the Moholy-Nagy Art University. The participants have to contemplate a retro mug set.  Students have to plan 4 mugs, which must to...

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Telework with government helps

I-Work Foundution and Google Hungary organise meetings for SMEs about methods and experiences of telework.  The government gives concret sources for outbuilding teleworkplaces. The SMEs are invited for a tender...

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Fritz Henkel Award for Innovation presented

A convincingly innovative character and successful market performance: These two attributes must be demonstrated by product ideas if they are to have a chance of winning the Fritz Henkel Award...

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K.O on Easter egg market by Tesco

Tesco looks set to become the UK’s largest Easter egg retailer after buying forward orders of its exclusive lines that were destined for Woolworths.  The deal means Tesco’s Easter egg...

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Billa Travel to sell holidays in Bohemia

The tourist division of Rewe group was established in 1970 and recorded a turnover of nearly EUR3 billion in 2007. The agent is active Germany, Austria and Switzerland.  Rewe has...

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CBA votes for closing on Sunday, but not for all shops

The retail chain, employing 35,000 workers, said also employees need the Sunday as holiday, because of their health and their family life.  CBA would close every stores over 100 sqm...

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New members at Reál Hungária Drink Kft.

The company started meeting with Bora Kft. and Piramis Kft. last December, and the two companies joined to the chain in February.  Since its foundation Reál Hungária Drink Kft. is...

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5th Superbrands Hungary

On 11th February was the first session in 2009 for Business Superbrands and Superbrands committee of experts. It is the second year, that also the best business brands will be...

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New ‘gluten-free’ food label rules from EU

The EU has issued new food labeling and composition rules for products that claim to be ‘gluten-free’.  Only foods that contain less than 20 parts of gluten in a million...

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Karl Lagerfeld lobbies EU on internet sales

Clothes designer Karl Lagerfeld met EU competition commissioner Neelie Kroes to try and persuade internal market regulators to keep current restrictions on online retailers for luxury goods.  The spokesman explained...

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Metro to abandon UK?

Metro Group-owned Makro is planning to cut 378 jobs by closing three cash and carry stores in the UK.  The closures were due to "difficult trading times and a need...

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Coca-Cola To Invest $1.2bn in Russia

The company want to increase the range of products and sell coca-cola, energy drinks and kvas to a network comprising small kiosks and hypermarkets.  In Short Term Coca-Cola has announced...

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Private label share may reach 25% in food at Real

Real overhauled its retailer brands last year, eliminating a number of smaller ones and introducing 850 items under the Real Quality brand.  Real aims to increase private label’s market share...

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Pioneer Out of Flat-Screen Tvs

Pioneer will exit the flat-panel TV business by March 2010, transforming itself into primarily a car audio company.  Pioneer forecast a record annual loss of $1.44 billion, and said it...

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CBA and Procter & Gamble donated HUF 10 million

In frame of the „Heart of the community” program P&G gave HUF 10-20 or 30 after every P&G products bought in CBA stores between September-November 2008.  Heart of the community...

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Smaller shop play important role in retail

The place of every day shopping are the smaller Hungarian owned stores, for big purchase mostly the hypermarkets are visited.  According to GfK's Shopping Monitor and Shopping Mission 2008-2009 research,...

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Praktiker offers comfortable shopping for blinds

The DIY chain help blind people with personal escort in its 19 stores.  The DIY chain helps the Association of Hungarian Blinds since last year, then it gave colours and...

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Bacardi-Martini Hungary chooses PR Agency

Próbakő Kommunikáció won the drink retailer's tender for 2009.  This year Próbakő is the strategic adviser for the firm and the company's main brands. Próbakő is a member of Carbon...

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Nature-identical fragrances from BASF laboratory

Synthetic citral provides the fragrance of citrus. Also other fragrances can be created, such as linalool which smells of lavender and geraniol responsible for the typical smell of roses. BASF...

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New leader at the British Chamber of Commerce

Csilla Csurgai (34) has been appointed executive director of the British Chamber of Commerce in Hungary (BCCH) with effect from February 1st 2009.  An internal appointment, Ms Csurgai has been...

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Tesco exits personal loans market

The move is an indication of how more loan defaults, caused by the difficult economic conditions, are affecting loan providers.  Tesco currently has 3,600 personal loans on its books with...

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Supermarkets shamed over F-word books

Tesco and Asda were condemned for selling a string of books and CDs with the F-word in their titles. The items were available on their websites, where they were easily...

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Retail Sales grow in January

According to a fresh survey the British retail sales rose in January for the first time since last May, but the increase was driven by food sales and heavy price...

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Double digits grow at MasterCard Europe

For the full-year 2008, the European region reported double-digit growth in company gross euro volume with 15.5 %, purchase volume with 15.7 %, purchase transactions with 13.2 % and cash...

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Hungaricums on the web

Yesterday Premium Hungaricum Society introduce its new on-line store and commercial establishment for the public in frame of a conference.  The aim of the society, founded in 2004, is to...

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Metro to launch delivery service in Germany

The company will further adjust its wholesale activities to the changed requirements of its professional clients. Metro Cash & Carry has invested between more million euros in the infrastructure of...

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