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P&G to separate its coffee business

The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007. Procter&Gamble Co. is planning to split off its Folgers coffee...

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Inspection at European big supermarket chains

A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs.  The increasingly dominant...

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Discount offer for exhibition outside of Hungary

ITD Hungary pays 70-75% of exhibition's costs in case of four international fair. ITD Hungary protects Hungarian SMEs with export possibility. The collective appearances are organised by previosly qualifide exhibitories....

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EU to Tax Imports of Swiss Products with Powdered Skim Milk

The tax is part of a price equalizing method agreed between Switzerland and the E.U. Under the deal, Switzerland has until now subsidized the export of powdered skim milk to...

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The winner 21 save water

UK food and drink manufacturers are working together in a new initiative, known as the Federation House Commitment, to reduce water usage and improve efficiency across their businesses.  The 21...

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Plastic milk bottles came back in UK

Shoppers will soon be able to buy milk in plastic bags as part of a green initiative of Waitrose.   The supermarket chain Waitrose is abolishing plastic milk bottles to...

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Hungary's economic growth will pick up and its inflation will slow down this year

Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...

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The labor market of retail to increase in 2008

According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...

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French Supermarket Workers Strike over Wages

Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...

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Top-100 Hungarian Companies are Less Optimistic

The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008.  Hungarian companies are looking to the future with a degree of apprehension, according to the stats....

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A Helping Hand for SMEs for free

The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days.  The Hungarian Chamber of Commerce & Industry takes part in the program, wich...

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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt

The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers.  According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...

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Brands coming to life in stores

Hostess promotions are the biggest “events” that take place inside stores. What are the details which need to be taken into consideration in order to make such events truly effective?...

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About 2007 and 2008

In recent year, our prime ministers have picked up the habit of addressing the public in “State of the Union-style” about the year. This reminds me of the joke: “This...

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Withdrawal of sugar

Many people believed that hard times were over for local producers of sugar in 2006, when Eastern Sugar closed its Kaba factory and handed back its production quota which accounted...

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Superior entertainment

Organising events is an ancient activity which has matured over the centuries both in terms of technology and human resources. According to György Pártos, strategic director of Creamteam, success can...

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The secret of real wiener schnitzel

Gathering information and being well informed is essential today, in our accelerated life. We must be familiar with the market we compete in and consumers are also increasingly familiar with...

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Looking for a way out

Open and constructive discussion took place at the roundtable conference organised by the Milk Product Council and SOLE-MiZo. The 75 participants were trying to work out the best conditions for...

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Independent profession at last

The Association of Hungarian Event Organisers was established in 1992, and has over 105 members at present. However, this activity was only issued a TEÁOR registration number of its own...

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Eventful end for the year in the market of sweets

Austerity measures do not seem to have had much effect in the market of sweets, with supply showing dynamic growth. The expanded assortments of Bonbonetti Choco Kft., Nestlé Hungária Kft....

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Not enough POS accept cards

According to a survey conducted for MasterCard®, significant changes have taken place in the way we use debit cards, in the last five years. While only 31 per cent of...

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Choosing gifts

Choosing gifts is not an easy task because we intend to make two people happy. We want to make ourselves happy by giving something we feel is special and we...

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Billboard companies joining forces

A strategic alliance has been formed by six advertising companies at the end of November. The companies which provide outdoor advertising services intend to co-ordinate their efforts in serving clients....

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Food prices going up

The average increase in consumer price was 0,6 per cent in November 2007. Prices showed a year on year increase of 7,1 per cent. According to a KSH report, prices...

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Football European Cup: + EUR 1,4 billion

According to a survey prepared for MasterCard, the 2008 football European Cup may yield a profit of EUR 1,4 billion for the economy of the continent. Each of the games...

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Goose less popular

The Agricultural Business Research Institute (AKI) monitors the trends in the world markets of poultry and meat. Data from the Market and Price Information System KSH and AKI can be...

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Search engine for small enterprises.

Google has made its Individual search engine internationally available. The Individual search engine is a simple and cost-effective means for small enterprises and other organisations to accommodate the Google search...

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Shrinking deficit, slow growth

According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, both the external and internal balance of the Hungarian economy will show more than expected improvement this year, but...

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Creditworthiness in decline

According to an analysis prepared by Coface Hungary, the number of insolvency procedures increased by 24 per cent last year, which means that 3.7 per cent of businesses had become...

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Dermatologist in the West, TV in the East

According to data from a survey conducted by GfK Roper, four people out of ten are satisfied with the way they look world-wide and in Hungary, as well. The survey...

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