News and articles
Expectations reaching lowest point ever
Date: 2009-04-05 08:00:00
The conjuncture index of GKI has been falling for the fifth consecutive month. According to a survey conducted by GKI Gazdaságkutató Zrt., the deterioration in business expectations speeded up in...
Read more
A bit of optimism always useful
Date: 2009-04-05 08:00:00
In spite of the economic crisis, more money was spent on Coca-Cola in January than ever before, with Coca-Cola accounting for 36 per cent of total sales of carbonated soft...
Read more
Shiny teeth – preferably with promoted products
Date: 2009-04-05 08:00:00
Experts believe that mouth hygiene is still behind Western standards in Hungary, which means there is still room for development. Brand loyalty is low in the mouth care market, with...
Read more
Sales still not dropping in terms of quantity in Spain
Date: 2009-04-05 08:00:00
Spain is one of the leading European markets, with 45 million consumers. In the fourth quarter of 2008, it was still one of the ten European countries where no drop...
Read more
Kinder Maxi King, Kinder Hűtött Finomságok
Date: 2009-04-05 08:00:00
As many gifts as many reasons to unwrap! The Kinder Hűtött Finomságok promotion has entered its third period. The attractiveness of this period and the film is due to the...
Read more
Univer-firm opened in Kecskemét
Date: 2009-04-03 17:18:14
Kecskemét-based Univer Product Plc. is about to close its firm in Nagybánya (Romania) in June, and moves production to Hungary instead. The company involved in babyfood and relishing has already...
Read more
At least 25 thousand consumer-protection check-ups this month
Date: 2009-04-03 14:22:00
Provider sectors, especially those involved in tourism are about to face yet another surge of consumer protection-control between the interval of 1st and 30th April. The major emphasis of these...
Read more
Sixty-year old Tchibo celebrates with retro-cups
Date: 2009-04-03 13:26:23
Sixty-year old Tchibo celebrates its birthday by handing out a collection of artistic retro-cups, designed by students of fine art. These new retro coffee-cups are available from April in a...
Read more
Tetra Pak Sales Growing to 8.8 Billion euros in 2008
Date: 2009-04-03 05:21:12
Tetra Pak, a world leader in food processing and packaging solutions, has announced net sales of Euro 8.8 billion in 2008 – up 5 percent from 2007 in comparable terms....
Read more
Spanish-Hungarian business relations to be strengthened at trade-show in Madrid
Date: 2009-04-03 04:23:56
It is the first time that Hungary as an exhibitor took part in the Madrid-based Salón Internacional Del Club De Gourmets trade-show, between 30th March and 2nd April. Wines from Tokaj,...
Read more
Chocolate-industry is not at all touched by the crisis
Date: 2009-04-03 03:14:12
In spite of the deplorable economic conditions, chocolate-factories seem to profit from the crisis. Chocolate-manufacturers have managed to produce a 7 percent increase of yield in Germany, while American sales reports...
Read more
Baby food experiencing the largest sales growth in the speciality food market
Date: 2009-04-03 02:04:12
Baby food experienced the largest sales growth in the specialty food market between 2006 and 2008, according to National Association for the Specialty Food Trade. Specialty baby food generated $58 million...
Read more
Pernod Ricard forced to sell Grönstedt to Altia, instead of Arcus
Date: 2009-04-03 00:06:02
Even though Pernod Ricard agreed to sell three brands to Arcus, competition concerns have forced the company to remove Grönstedt from the deal and sell it to Altia instead. The...
Read more
A 20 percent decrease of oilseed products
Date: 2009-04-02 21:43:00
Oilseed production is expected to decrease by approximately 20% in the 2009/2010 marketing year partly due to an expected decrease in sunflower seed area and lower yield. All major oilseeds...
Read more
Increasing price of living pig and import-competition getting stronger
Date: 2009-04-02 21:37:00
Moreover, there is an increase of meat-prices and the prices of meat products, and import-competition is getting stronger and stronger. The annual Easter-time meat-breakfast organized by the Hungarian Meat-Industry Association...
Read more
Product exchange at Henkel Hungary
Date: 2009-04-02 21:36:00
Henkel Hungary announces toiletcleaner-exchange action because its product 750 ml Bref Tornado Gel toilet-cleaning gel came out in package with faulty bottle-cap and therefore opens too easily. Although only a...
Read more
95 employees dismissed at Electrolux Lehel Ltd.
Date: 2009-04-02 21:30:00
In 2008, Electrolux Lehel Ltd. experienced a drop in demand, which accelerated at the end of the year, and thus the refrigerator-factory of Nyíregyháza had to dismiss 95 employees –...
Read more
SIÓ is the most trusted Hungarian brand
Date: 2009-04-02 21:14:00
SIÓ-ECKES Ltd. is considered to be one of the most creditable Hungarian brands, according to Reader's Digest's Trusted Brands 2009 survey. Reader's Digest Trusted Brands is an annual consumer...
Read more
New supermarket by SPAR Hungary Ltd. in Nagykőrös
Date: 2009-04-02 21:07:00
A new supermarket by SPAR Hungary Ltd. has opened on 2nd April, in Nagykőrös. The new store is the first SPAR-unit of the city, and the 393rd supermarket of the...
Read more
ProWein 2009 Exceeds all Expectations
Date: 2009-04-02 21:02:00
Optimism reigns in the global wine and spirits industry as was witnessed this week at the ProWein International Wine and Spirits trade show held in Duesseldorf, Germany, March 29th –31st....
Read more
Profi Romania reports 45% sales growth in 2008
Date: 2009-04-02 06:02:51
Louis Delhaize’s discount chain in Romania reported total sales of EUR120 million in 2008, accounting for 45% year-on-year growth, Piata magazine reported. “We had an excellent year in 2008:...
Read more
Energy-drinks appear to be crisis-resistant
Date: 2009-04-01 20:52:00
In spite of the crisis, a bustling trade can be seen in the energy-drink retail-sphere. Retail volume faces a 31 percent expansion value-wise, whereas a 42 percent increase when it...
Read more
Hilton Budapest's new restaurant opens in Spring
Date: 2009-04-01 20:41:00
Hilton Budapest is about to open a new restaurant with a view to the House of Parliament and the Halászbástya on 11th April. The new restaurant is called ICON and...
Read more
New icons of the Coke Club – MTV Icon concert-series published
Date: 2009-04-01 20:33:00
The new icons of the Siófok based Coke Club – MTV Icon concert-series are three Hungarian music-legends: Hungária, Demjén and Edda. A new feature of the event is that...
Read more
Go to work by bike, with SIO-ECKES
Date: 2009-04-01 20:20:00
SIÓ-ECKES Ltd. is trying to call attention to environment-conscious lifestyle by giving their program „Go to work by bike” a wider publicity. The main goal of the program started...
Read more
Food sales price grow by 2.8%
Date: 2009-04-01 05:27:02
According to Central Statistic Office Domestic sales prices of industry rose by 2.4% in February 2009 compared to the previous month and were 6.6% higher than in February 2008. ...
Read more
ALDI feels weaker demand for non-food goods in the UK
Date: 2009-04-01 05:09:48
Hard discounter Aldi is celebrating the opening of its 400th UK store this week. The retailer is feeling the effects of the recession in the UK, with sales growth dipping...
Read more
Holló Maxi Coop ABC to open in Polgár
Date: 2009-04-01 04:37:40
The store is 670 square metres and features items of over 30 million HUF, with sixteen employees and a free parking lot. Albert Makó, CEO of Polgár és Csege Coop...
Read more
