News and articles

Balance of foreign trade rocking

The volume of export was down by 7 percent, while import was down by 6 percent in October 2008., compared to the same month in 2007. Export in the January-October...

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Helia-D Fruit Selection

The new members of the Helia-D Fruit Selection product line are the Maxima body lotions for dry and extra dry skin....

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„World of Private Label”

The exhibition held in Amsterdam under the slogan „World of Private Label” is the biggest of its kind in the world. The 2008 event was attended by over 3,000 exhibitors...

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Human size educational campaign

On 1. December, the International AIDS Day, a human size condom was carried around in Budapest streets to remind people of the dangers of HIV infection. This campaign was also...

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Financial prospects for 2009

Financial prospects for 2009 are certainly worse than we had believed before October, when the danger of national bankruptcy was imminent. There is however, so much uncertainty that we should...

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Bonbonetti Kft. – about the year 2008

Bonbonetti Ltd is the largest capacity and longest tradition confectionery manufacturing company in Hungary. Bonbonetti has stabilized its market situation and managed to grow continuously in last 4 years, achieving...

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Spa-hotels most popular

The number of nights spent by guests in commercial places of accommodation was down by 1 percent in the January-November 2008 period, compared to 2007. Revenues were down by 0.5...

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Hírös Kecskeméti termékcsalád

At the end of 2008, time has come for Zwack Kecskemét Palinka Distillery to re-launch its protected apricot palinka from Kecskemét in new packaging and slightly lower alcohol content, under...

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Events from a trade marketing aspect

According to the founders of TMK, it is best to discuss events at a special event like. IFE Foodapest: The first presentation was held by Fernando Bujarabal, owner of Berceo...

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In one month Cora shoppers shrinked 25,000 PET bottle

The CORA started THERMO PRESS shrinking program was very successful, people took a lot of PET bottles to Cora Törökbálint and CORA Budakalász in January.  The shrinking mashine, developed by...

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Hungarian wine borne down French wines in Denmark

Vylyan Winery from Villány is Winery of the Year, according to Danish Vinbladet magazine.  This is the first time that a Hungarian winemaker has been selected No. 1. at Vinbladet...

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Hungarians at Fruit Logistica 2009

This event gives excellent possibility of introducing the Hungarian vegetable and fruit sector.  FRUIT LOGISTICA 2009, the biggest-ever international produce industry trade event is open in Berlin. From 4 to...

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TESCO to open 137 stores in Central Europe

UK retailer Tesco plans to open over 130 new stores this year in Central Europe, in Hungary, in Poland, in Slovakia, in Czech Republic and also in Turkey.  Czech newspaper...

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Plaza Centers buys controlling stake in Sofia project

The Dutch-registered property developer that focuses on Central and Eastern Europe, said that it acquired 51% stake in a 75 000 sq m project in Sofia.  Plaza payed 2.78 million...

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Mercator to invest 3 million euró in Bulgaria

The company’s first Bulgarian outlet will be located at the Galeria shopping mall in Stara Zagora in the south of the country.  Mercator has announced plans to open its first...

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Burberry opens children fashion store in Istanbul

The British fashion concern closes plant in UK, but expands abroad.  Company alert decreasing sales in the las quater and closed it second plant in the UK, but the expansion...

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Paper bag is not a real option

According to datas of Hungarian Trade Association the food industry and the retail sector has HUF 10 billion extra costs because of the new green tax.  György Vámos, secretary of...

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Thanks for SIÓ! – starts in February

Since this month there are on the shops' shelves the 1.5 l SIÓ products joined to the charity program. Consumers who buy them can help pupils to get new school...

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Creamy quark in extra size

Frisland Hungaria's Milli Mia product line has now 2 new tastes in XXL size. Creamy quark with vanilla-raisin and cake taste are popular.  Creamy sweet quark is one of Hungary's...

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New manager at Szentkirályi Ásványvíz Kft.

From 7th January the company has a new operative director called István Matus, who takes the domestic works from Balogh Levente, onwer and CEO of the company.  Mr. Matus is...

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Strategy for saving 100,000 jobs in Hungary

Social and Labor Affairs Minister Erika Szűcs said the government has HUF 16 billion domestic source for crisis-management strategy.  Enterprises can apply for job-preservation support from the regional funds beginning...

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METRO has no plans to sell Galeria Kaufhof

According German press informations the company is currently working on floating Media Markt/Saturn and considering divesting its Real hypermarket chain. The sale of Adler is close.  Metro CEO Eckhard Cordes...

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Insurance from Lidl Italy

The Italian branch of Lidl has proved to be creative in offering online services. Before, Lidl Italia launched electricity service under lidl-energia.it and holiday trips on lidl-viaggi.it.  Schwarz-owned discount retailer...

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In spite of recession Briton shoppers will Spend More On Quality Food

According to MealSavers.co.uk survey among 4,380 peopel consumers aren’t going to let the recession reduce the quality of the food they eat.  People are cutting costs during the recession, but...

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People eat healthier in the UK

British consumers are benefitting from the food industry's salt reduction efforts, according to new data from leading market insight provider, TNS Worldpanel. Between September 2006 and September 2008, shoppers bought...

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Retailers modify supplier contracts

After an inspection of the Hungarian Competition Authority (GVH) some retailers (Cora, Auchan, Metro, Profi and Csemege Match) undertook to align its suppliers contrats to the competition and the retail...

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Company liquidations rise to record high in January

The number of company liquidations in Hungary rose to 1400 only in the first month of the year, the Opten company-information service informed.  Last year 11,500 firms were under liquidition,...

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Szentkirályi to expand abroad

Now we are only exporting outside Hungary, but in the near future we want to be an international brand – said Levente Balogh CEO to business daily Napi Gazdaság.  Because...

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The liquidation of Zalabaromfi became absolute

According to former press information Zalabaromfi's owner Dale consortium's financial and business transaction at other companies made the processor's work impossible.  As known CIB Bank has frozen the company's bank...

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Environmental protecting by Wal-Mart

The American retail giant said that it will test two new types of hybrid trucks and two types of trucks powered by alternative fuels to make its trucking fleet more...

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