News and articles
Dance and Törley together again!
Date: 2008-05-21 00:00:00
This year the competition joined to the Grand Slam tours, so the 43. Törley International Dance Competition is more important for dancer from all corners of the world as before....
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General Electric confirms plans for appliance unit
Date: 2008-05-21 00:00:00
General Electric is considering shedding its 101-year-old appliances business, which pioneered innovations such as washer-dryers, air conditioners and microwave ovens. The appliances division, which employs 13,000 people, is a...
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Jungle fight for SMEs
Date: 2008-05-20 00:00:00
According to Coface Hungary and Uzlettars Business Magazin research, even the most dynamically developing SMEs suffer from the effects of the budget adjustment and the American subprime crisis. The two...
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11 million Samsung laptop until 2011
Date: 2008-05-20 00:00:00
An extra 11 million units must be sold worldwide by the year 2011 in order to reach 5.7 per cent market share — a massive ask, considering Samsung's worldwide market...
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Kemendy and Chapel Hill won silver medals
Date: 2008-05-20 00:00:00
Products of Torley-Group won two silver medals on this year's Concours Mondial de Bruxelles in France. 1,778 medals awarded in the latest edition of the Concours Mondial de Bruxelles,...
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Coke Zero Underground Party
Date: 2008-05-20 00:00:00
Last Saturday 2800 people took part on Coke Zero Underground Party on Deak Square, youngs danced until 4 in the morning. The party started at 11.30 pm, when the public...
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Consumers in Europe demand more self-service
Date: 2008-05-20 00:00:00
The pressure is mounting on organizations to finally develop a multichannel strategy that leverages self-service at the point-of-service, online and mobile channels. The 2008 NCR Self-Service Consumer survey, conducted...
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Toffifee football on the United Way Children's Day
Date: 2008-05-20 00:00:00
This year Storck joined to sponsor United Way's Children Day in Millenaris Park. On the event children and adults can play football on the green grass, on the table or...
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Standard & Poor's lowered Tesco to 'A' from 'A+'
Date: 2008-05-20 00:00:00
The downgrade reflects the deterioration of Tesco's financial profile below the minimum levels needed to sustain 'A+' ratings as well as the announcement that it will acquire a store portfolio...
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One year – one billion HUF sale increase at Praktiker Hungary
Date: 2008-05-20 00:00:00
German do-it-yourself chain Praktiker had gross revenue in Hungary of Ft 47.6 billion in 2007, up from Ft 46.3 billion in 2006. Last year Praktiker opened two new stores in...
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Carlsberg To Raise $6.3bn
Date: 2008-05-19 00:00:00
76. 3 million new B shares will be offered to investors for 400 kroner each. Carlsberg has announced that it will sell shares worth 30.5bn kroner ($6.3bn) to current...
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Orange and Peach are the most popular fruit juice
Date: 2008-05-19 00:00:00
According to Nielsen research company between Febuary 2007 and January 2008 the fruit juice market in Hungary grow by 1% in volume and 9% in value. The whole market is...
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New Natural Sweetener from Cargill
Date: 2008-05-19 00:00:00
Rebiana, which will be sold under the name Truvia, will be available this year as a tabletop sweetener. Agribusiness and commodity trading group Cargill Inc said that it expects its...
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Nestle SA aims to increase growth from its central and eastern Europe (CEE) region
Date: 2008-05-19 00:00:00
Currently, Nestle's CEE region only accounts for 5.6 billion Swiss francs of its European annual sales, but says the region has been growing underlying sales in double-digit percentages for a...
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New head of brand marketing at BAT Hungary
Date: 2008-05-19 00:00:00
Laszlo Hunyadi worked before as brand manager at several multinational companies in Hungary. The specialist graduated at College for Modern Business Studies, he started his carreer at Unilever's marketing department,...
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Auchan to spend 80 million EUR in Romania
Date: 2008-05-19 00:00:00
French retailer plans for 2008 two hypermarkets, for the next year another 8 sites. Auchan entered to the Romanian market in 2006 and had invested 300 million euros in five...
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Barbie-Bratz Toy War
Date: 2008-05-19 00:00:00
Mattel Inc., the world's biggest toymaker, may add as much as $500 million a year to its revenue by winning a copyright suit against MGA Entertainment Inc. over the Barbie...
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Ascendant sactioning possibilities for Hungarian Customer Protection Authority
Date: 2008-05-19 00:00:00
Probably in June the Hungarian Parliament votes about the new, more rigid Consumer Protection Law. According to plans the penalties will be more higher (minimus HUF 30,000 – maximum...
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Unilever to Develop New Milkshake
Date: 2008-05-19 00:00:00
The new weight loss drink that tastes like a milkshake significantly reduces appetite and could soon join Unilever's $400 million Slim-Fast weight-loss brand, the company's researchers said. The researchers, who...
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Dairy farmers threaten boycott against Aldi
Date: 2008-05-16 00:00:00
The discount chain cut its butter price on to ten years bottom, two weeks ago decreased the milk price – the German farmers are angry. About 1,500 farmers in...
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1,000 school bags from SIÓ
Date: 2008-05-16 00:00:00
The soft drink company helps for children from needy families to get their new school bags in August. Action under the name „Thanks for SiÓ!” the firm call the schools...
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Parmalat: 18% less profit
Date: 2008-05-16 00:00:00
The result is lower than that of 2007 not only due to the abovementioned reasons but also due to the negative impact in unit sales, the higher fixed production costs...
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Organic milk by Sole-MiZo
Date: 2008-05-16 00:00:00
The cows are feed only with own produced forages, it must be clean from chemicals. Cows can't get any output gradation and antibiotic. Sales and marketing director of Sole-MiZo said...
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Hungarians Drink the Traditional and Cheap Beer Brands
Date: 2008-05-16 00:00:00
The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%. Altough the raw material, producing costs and the tax increased faster as...
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Industrial gross output increased in March
Date: 2008-05-15 00:00:00
According to Central Statistic Office the output grow by 1.9% compared to March 2007, the index adjusted by working days rose by 4.3%. The volume of the production was higher...
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The Balkans undergoing the most Dynamic Transition
Date: 2008-05-15 00:00:00
The international consumer survey SHOPPING MONITOR CEE 2008 has revealed the growing popularity of the modern retail formats, in particular hypermarkets and discount stores. The most popular chains are Tesco...
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New rules at tax stamps from July
Date: 2008-05-15 00:00:00
According the new regulation the tax stamps user have to give daily supply of data, so the authorithy can follow the produc from manufacturer to the retailer. The new tax...
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HUF 30 Million Penalty for Auchan Hungary
Date: 2008-05-15 00:00:00
According to Hungarian Competition Authority the hypermarket chain have to pay HUF 30 million because of misleading consumers. Auchan kept insufficient stocks of products which it promoted in its newsletters...
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Fake products on Jozsefvarosi market in value of HUF 18 million
Date: 2008-05-15 00:00:00
According to speakerman of Hungarian Customs and Finance Guard the specialist of the authority found 1100 pair of sportshoes, 800 clothes and more hunderd of sunglasses with fake brand sign....
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Americans eat a lot of GMO products
Date: 2008-05-15 00:00:00
Most packaged and processed foods do contain genetically modified ingredients, the labels don't have to say so. According to a recent CBS News/New York Times poll, 53 percent of Americans...
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