News and articles

New stars in the Milky Way

Owing to the uncertainty and instability in the world market, there is a lot of excitement in the domestic milk industry, while new trends are also surfacing. – It looks...

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Agricultural price rises slowing down

The prices of agricultural products were 35.3 per cent up in November 2007, compared to the same month in 2006. The prices of plant products were up by 60.2 per...

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Joanna Blythmann: Shopped, the shocking power of Britain’s supermarkets

Joanna Blythmann is one of the best known English authors specialising in food. This book deals with the negative effects of the spreading of modern retail systems. However, she does...

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Disney

We have developed a range of popular Disney figures for this Easter as well: Disney Easter Bunny and Easter eggs....

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(HU) Nem elég szigorú a csődtörvény

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Healthy Growth in Functional Food Market

Consumers are becoming more skeptical about the health claims made by food and drink manufacturers. Datamonitor analysis estimates that the combined US, Western European and Asia Pacific functional food and...

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January's unemployment rate of 8.1 percent

In the period of November 2007–January 2008, the number of employed people was 3,873 thousand and the number of unemployed people was 343 thousand. In the given period, 54.6 percent...

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GEFCO duplicated its sales in Hungary

The EFCO logistics integrator specialis had HUF 4 billion income, twohold as last year.   Half of the sales came from distribution of vehicles and groupage and full/part-load road transport....

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Henkel 4Q Net Profit +11%

In the full year, Henkel posted sales of EUR13.07 billion, up 2.6% from 2006, organic sales grew 5.8%.   Earnings before interest and taxes, or EBIT, in the fourth quarter...

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Not tumult at Janury clearance sales

According to Media Research Company in spite of the prise actions and sales outs people don't buy anithing.  75% of the answerers said that don't want and will to shop...

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Fine on Magyar Cukor Zrt. because of water pollution

In February 33,000 m3 pollutioned water fall into brook Ikva from company's distroyed reservoir. The bad case happened in Magyar Cukor's Petohazi plant, the firm has to pay HUF 22...

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Hungarian National Wine Exhibition in London

With assistance of the Hungarian Agricultural Marketing Centre 26 famous Hungarian Winery show its offer in London Opera on 4th March.   For the prestigious event take part distributors, agent...

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Intelligence ADT Ultra•Max at Marionnaud

8 of the 10 international retail chains prefer ADT's solutions.   After a successful test periode in 2007 Marionnaud choose for protection the Ultra-Max®, the authentic Acousto-Magnetic technology. The first...

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European companies have to decrease their sugar output with 1.14 millio tons

If they fail to make satisfactory cutbacks, companies risk a final cut with no compensation being imposed on them.  Until now, 4.8m tonnes have been renounced within the restructuring scheme,...

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FMCG prise cartel in France

If found guilty of anticompetitive practices, the companies could face fines of up to 10 percent of their annual worldwide revenue — possibly amounting to billions of euros.  Le Figaro ...

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Extra guarantee at Indesit Company

Customer can raise the „normal” two years guarantee at Indesit products with another two, at Hotpoint-Ariston products with extra 3 years.  According to GFK Research Company on the Hungarian market...

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Grain's Prise on the Top

Wheat for May delivery rose to $12.145 a bushel in after-hours electronic trading on the Chicago Board of Trade.  Global wheat stockpiles will probably fall to a 30-year low this...

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Tax authority assigns to use the old cash registers

According the Hungarian Tax Authority the older type of cash register, which can't rounding are availability. Authority brings in a verdict, that the rounding doesn't qualified as money-making, so traders...

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Electrolex sales over HUF 200 billion

The sales growth is to thank to the capacity increase of the plants in Jaszbereny and Nyiregyhaza. Last year Electrolux sales increased with 11% to HUF 201.1 billion. The company...

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Privat labels awarded

Each year, PLMA gives recognition to retailers and wholesalers for their achievements in store brand marketing and product development. The awards are presented at PLMA’s annual trade show and represent...

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Retail wings in Poland

January Retail Sales Up From 2007 Polish retail sales in January rose a strong 20.9% year-on-year, but fell 18.7% when compared to December 2007. According to figures from the national...

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Procter & Gamble Co to cut about 15 percent of its management staff

The company aims to accelerate annual productivity growth from 6 percent to 7 or 8 percent over the next five years. The world's largest household and personal-care products maker also...

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Aldi enters the Polish market

The German discounter Aldi, opened its first seven stores in Poland on 25 February. The network’s discounts are located in Poznan, Jelenia Gora, Sulechow, Glogow, Zory, Brzeg and Tarnowskie Gory....

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One third market share for Heineken Hungaria

In spite of bad business environment the company increased its sales and profit in 2007.   Last year the company sold 9% more beer, almost 2,400 hectoliters, the nettó sale...

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M&S Reported To Be Discussing Moves Into India And Israel

Marks & Spencer is in talks with India's Reliance Retail for an equal joint-venture for apparel, food and cafes, according Economic Times, citing unnamed sources. A deal could be reached...

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Less handicraft wine, but solid image by Monarchia

The trade company decreases its wine offer and building a strong brand. The Hungarian member of the Monarchia Matt International group, Monarchia Winery cut down its bidding from 25 to...

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Supermarket giants in online price war

Britain's biggest supermarkets are preparing for a fierce online price war to gain market share and lure shoppers away from rivals.  Escalating competition between the dominant players prompted one executive...

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Wal-Mart doesn't grow its suppliers from China

The retail giant is present with shops in China, but doesn't believes in the product made there.  Wal-Mart said it will continue to source an estimated $9 billion of manufactured...

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Developments at Hungexpo

In the latest phase of improvements made by owner GL events, construction has been launched on Pavilion G.Gross exhibition space there will be 9,504 sq m, the indoor high 12...

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