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Gift packages: old brands and new concepts

Most producers agree that in volume sales last year’s level is achievable, producers do not prepare with crisis-packages but with beautiful and eye-pleasing offers. Unilever Magyarország Kft. was the number...

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Payment deadline may become longer

In Central and Eastern Europe the number of companies whose credit ratings dropped kept increasing in the past few years – says Zoltán Dercze, managing director of Coface Hungary. 45...

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Turkey stew with plum for 1,500 people

The 12th Plum Days were held in Szarvas on 11-13 September, with 20-year old turkey processing company Gallicoop as one of the main sponsors. Gallicoop’s master chefs cooked a stew...

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Only LCD and plasma televisions achieved growth

In the first half of the year, the market of consumer electronics contracted by 25 percent in both value and volume, compared to the same period last year – finds...

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Retail turnover on the increase in Belgium.

According to an estimate by Eurostat, the volume of retail turnover continued to decline in July 2009: by 0.9 percent in the EU-27 and by 1.8 percent in the eurozone,...

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Warning! Traffic diverted! – Business Days 2009 (Part 1)

This was the sub-title of the joint Business Days conference of Trade magazine and Lánchíd Klub on 30 September-2 October in Tapolca. The venue was decorated with traffic signs –...

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Loan market recovering slowly

After the development of previous years, the loan market dramatically declined. Global crisis narrowed down resources, entailing a lending activity contracted to the minimum; at the same time interest rates...

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Wages and salaries are up by two percent

At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.4 percent in the first...

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The ”3 percent” ousted from the text.

News came after our magazine went to press that on 13 October the product path law, so much debated on the first day of the conference, was given a green...

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Erste Bank

Market changes in the past few years influenced customer demand. Firms often postpone their investments and revise their spendings. This trend entails the optimisation of financial services used and a...

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Decrease, but improvement as well

In January-July 2009, the volume of foreign trade was 18 percent lower in export and 25 percent lower in import than one year earlier. KSH’s report also states that our...

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New digital signage solutions

At Viscom, the international trade fair for visual communication on 1-3 October 2009 in Düsseldorf 10,900 visitors saw the products and services of 310 companies. Hans–Joachim Erbel, the managing director...

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Thank you, Lord…

…for listening to me after all and giving me back my faith in human intellect. Thank you to the trade for this several-hour conversation at the conference in Tapolca about...

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The factoring market

According to data by the Hungarian Factoring Association, factoring services only made up for 2.5 percent of the GDP in 2008, while the same ratio in the EU is almost...

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Fewer guests spent fewer nights

On the commercial accommodation services market, the decline that started early 2009 continues, the trend does not seem to turn yet. In January-August 2009, 2,173 thousand foreign guests spent 6,350...

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Farewell to charming national figures

Although Parliament passed the new advertising bill last year, certain paragraphs only entered into force this spring, for instance those that regulate tobacco product ads and open-air advertising. Changes in...

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Erste Faktor improves its market position

Although in the first quarter the factoring market contracted, Erste Faktor Zrt. managed to expand significantly (by 40 percent in the second quarter; in the same period the market contracted...

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The brake still holds back the industry

In July 2009, industrial production fell by 19.4 percent, compared to the same period a year earlier. KSH’s report states that the volume of production was 22.1 percent lower in...

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European Day of Commerce for the fifth time

This year, on 3rd November, the European Day of Commerce will be held, by the National Association of Entrepreneurs and Employers. The main message of the event is to focus...

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Panorama on the Christmas commercial credit market

The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans...

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The number of conferences halved in the first part of 2009

According to the compilation of the Hungarian Convention Bureau; during the first half of this year, 118 international conferences were held in Hungary. This is a 51 percent decline, compared...

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Bankruptcy wave before peak

According to the latest analysis of Coface Hungary; the insolvency ratio of the firms increased by 36 percent in the first nine months of this year, compared to the same...

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Does not involve consideration to the webshop in case of waiver clause

The union court stated: In the cases of Internet orders, if the buyer cancels, one should not pay fee for the usage to the seller, despite one used the product...

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Consumer confidence fell in Germany

According to GfK market research institute; contrary to the expectations, consumer confidence has deteriorated in Germany,: November’s sentiment index decreased by 4.0 point from the previous 4.2 points. The analysts...

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Coffee is good for the liver

According to the analysis of the American Cancer Institute (NCI) the daily consumption of coffee, has beneficial effect on liver function. Those chronic hepatitis C patients who drink three or...

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Quality complaints against dairy products

All produced and marketed milk of Fresh Food Ltd. before 21st October will be recalled, because it does not meet the required composition – stated the Agricultural Office Authorization. The...

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Trade: sloping down

According to the datas of the Central Statistical Office; retail sales decreased in the August of 2009 by 8.5 percent, compared to the same month of 2008. At foods 7...

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The economic expectations are improving for six months

The seasonally adjusted value of the GKI economy index increases for six months now, after nearly half-year fall. The improvement is, however, slower than the deterioration was, so it is...

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Italian investment is expected in the Hungarian food industry

The Hungarian investment promotion agency is negotiating with several Italian companies, over investment opportunities, in the areas of food processing and alternative energy – said Spányik Péter leading external diplomat...

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Selling glasses and concert tickets in hypermarkets

British hypermarket chain, the Asda will open optical desks in 84 stores in Britain. The strong retail chains are selling quite different products differ from their profile, more often. Asda...

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