Other
The eurozone economy slowed in the second quarter
Date: 2007-09-05 00:00:00
Economic growth in the 13-nations that share the same currency, narrowed to 0.3 percent in the second quarter after a quarterly increase of 0.7 percent in the first three months....
Read more
China Brand Trade Center in Budapest
Date: 2007-09-04 00:00:00
After Dubai, the CBTC will be the second center where more than 1000 of the best chineese companies can intrudece their products. AsiaCenter Kft and Fashion Mart Rt signed an...
Read more
Monopoly in the glass sector
Date: 2007-09-04 00:00:00
The European Commission said it was looking into allegations made by European Federation of Wine and Spirits Importers and Distributors, or EFWSID, that lack of competition in the glass bottle...
Read more
In a month we will know who can buy Kempinkski's 9,92% share from Budapest Municipality
Date: 2007-09-04 00:00:00
Until Friday's termin 3 offers arrived for the Kempinski Hotel Budapest's share, which has a nominal value in HUF 258 Million. The company ownes the Kempinski Hotel Corvinus Budapest, near...
Read more
Only 1.4% growth at the Hungary 2007 GDP in the 2Q
Date: 2007-09-04 00:00:00
Hungary's economy will grow at a smaller rate in 2007 than previously thought, while the rise of gross wages and inflation will be faster than expected-GKI said in a forecast...
Read more
SMEs Confidence index 93%
Date: 2007-09-04 00:00:00
According to ECOSTAT the SMEs business confidence index is the same as one month before, but 10 % higher than one years ago. 30% of SME managers believe that the...
Read more
Eurozone economic confidence softens in Aug
Date: 2007-09-04 00:00:00
Economic confidence in the 13 countries pulled back in August to 110.0 in the single currency bloc from 111.0 in July, roughly in line with economists' exepectations. The outlook was...
Read more
Trade gap decrease
Date: 2007-09-03 00:00:00
According to Central Statistics Office the Hungary's H1 gap is by far the best in the past eight years. Hungary's trade gap widened by EUR 39 m in June to...
Read more
More than HUF 1 billion investment in Hungary
Date: 2007-09-03 00:00:00
Investments in the Hungarian economy dropped by 0.4% year on year in the second quarter of the year, against a rise of 0.8% in Q1, according to preliminary figures released...
Read more
American products were recall in China
Date: 2007-09-03 00:00:00
Accordingt to china's quarantine administration said its bureau has discovered harmful living organism in 10 batches of wooden packages from the United States among the total 70 batches sampled between...
Read more
No real estate tax in Hungary in 2008
Date: 2007-09-03 00:00:00
The Hungarian government will not introduce a real estate tax in January 2008, but talks between the governing coalition parties continue about the lowering the threshold for luxury tax. ...
Read more
Toys 'R' Us Recalls Chinese Art Sets
Date: 2007-09-03 00:00:00
Wayne-based Toys “R” Us Inc. and the U.S. Consumer Product Safety Commission said printed ink on the packaging of the Imaginarium Wooden Coloring Cases also contained lead. The 213-item set...
Read more
Statistically safer to eat at big-chain fast-food joints
Date: 2007-09-03 00:00:00
There are about 76 million cases of food-borne illness — ranging from an upset tummy to kidney failure and death — each year in the United States, according to estimates...
Read more
Hungary's Industrial Producer Prices Stagnated in the Summer
Date: 2007-08-31 00:00:00
According to KSH the domestic sales prices slightly rose by 0.1% in July 2007 compared to the previous month, and by 6.2% compared to July 2006. The export sales...
Read more
The biggest are the most optimist
Date: 2007-08-31 00:00:00
Ecostat TOP-100 index of business-activity rose to 103.4% in August, which meant a 3% rise compared to July's results. The index of business activity measured 80.4 % last August. Calculations...
Read more
EU asks food shops to act 'responsibly' on prices
Date: 2007-08-31 00:00:00
Europe's farm chief called on retailers not to make European Union's (EU) consumers pay excessively for staple foods such as bread and milk despite recent surges in international grain and...
Read more
Rotten Meat scandal in Germany
Date: 2007-08-30 00:00:00
The rotten meat would be sold for Turkish doner kebab restaurants. Authorities had confiscated more than 11 tons of beef and turkey meat at a company based in the southern...
Read more
In contempt of restrictions sales grew in hypermarkets
Date: 2007-08-30 00:00:00
According to annalist this is the year of discounters in the Hungarian retail. Nielsen datas show that the share of stores over 400 m2 grew with 2%, the 2500 m2...
Read more
Cold, but big business – eiscream
Date: 2007-08-30 00:00:00
Researcher Euromonitor figures that global ice cream sales are rising 2.5% annually and will hit $65 billion in 2010. Today, the $59 billion ice cream industry is dominated by two...
Read more
Strong brands among fruit yoghurts
Date: 2007-08-29 08:00:00
Fruit yoghurt is one of the largest food categories. According to data from the Retail Index of Nielsen, retail sales were up 7 per cent by April 2007 compared to...
Read more
Discreet hiss, discreet fragrance
Date: 2007-08-29 08:00:00
Conventional aerosol cans still account for a half of total sales in the market of air fragrances, though battery operated products show the most dynamic development. This segment receives substantial...
Read more
Warm vodka and sweating women
Date: 2007-08-29 08:00:00
Using conventional consumer surveys, Univer had failed to increase its sales in the Russian market as expected. They have however, found another method which can help to form a realistic...
Read more
Reliability, quality
Date: 2007-08-29 08:00:00
The significance of excellent quality and reliability cannot be over-emphasised. The long term prospects of enterprises in the food business depend on these factors. Our ability to adapt to changing...
Read more
Excellent health among yoghurts
Date: 2007-08-29 08:00:00
Manufacturers have succeeded in linking yoghurts with the concept of health in the minds of consumers. Health-focused sub-brands are evidence of this success. Market data from Nielsen reveals favourable trends...
Read more
HUF 1 400 per year for air fragrances
Date: 2007-08-29 08:00:00
According to data from GfK Hungária ConsumerScan , nearly half of Hungarian households bought some type of air fragrance in 2006. Regarding household income, those with at least a medium...
Read more
Customers as accomplices
Date: 2007-08-29 08:00:00
If you have purchased a branded piece of clothing in the Italian black market lately, you are probably aware of the risk you have taken. Nowadays, it is not only...
Read more
Channel and chain specific domestic trade marketing
Date: 2007-08-29 08:00:00
According to research and analysis by Nielsen, price discounts are not sufficient by themselves to promote sales. Discounts also need to be advertised inside and outside the stores. The ScanTrack...
Read more
Meat products pulling prices up
Date: 2007-08-29 08:00:00
Consumer prices rose by 0,4 per cent in June 2007 and were 8,6 per cent up compared to June 2006. Prices were on average 8,6 per cent higher in the...
Read more
More companies insolvent
Date: 2007-08-29 08:00:00
According to a recent survey by Coface Hungary, 29 per cent more companies became insolvent in the first half of this year than a year earlier. The number of liquidations...
Read more