Company and Personal News

The luxury goods market is changing in China

Chinese no more buy tired and worn luxury brands for thousands of dollars without thinking, but the segment in the country will surely continue to spin for many years only...

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American farmers feed cattle with sweets

The destructive dryness of the recent years made American cattle, sweet lover: due to the increased feed prices, more and more farmers find alternative in sweets. Mike Yoder, farmer who...

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VAT rate will increase to twenty percent in Serbia

From 1 October the rate of Value Added Tax will increase to 20 percent in Serbia, from the current 18 percent. The Serbian parliament decided beside the increase on Tuesday...

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The food price increase can reach seven percent within a few months

Up to 7 percent food price increases may come by the end of the year. According to the industry: without raising there is no future in the industry, and the...

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The domestic egg production covers only the three-quarters of the demand

A year ago, no one expected that the European Commission will carry out a decision within two months to ban the use of conventional cages – was said at the...

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The state will not buy a meat factory

The government has no plans to purchase state ownership to help meat companies in trouble – Budai Gyula. State Secretary of the Ministry of Rural Development told Magyar Nemzet. Budai...

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Dreher Sörgyárak Zrt.: Increasing turnover and revenues

The Dreher Sörgyárak Zrt. has closed a successful season. The Dreher Sörgyárak Zrt. is Hungary’s leading beer producer and distributor company. The 158 year old brewery is expected to realize...

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Tesco stops the distribution of Tesco Value in Britain

According to recent British newspaper sources, Tesco stops the distribution of Tesco Value in Great Britain. According to the This is Money website, Tesco stops the distribution of Tesco Value...

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Tesco Mobile guarantees its minute prices until March 2013

Tesco Mobile extends its price guarantee, and still not charge the telecommunications tax on its customers. The warranty is valid until 1 March 2013. The Tesco Mobile is the only...

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Burger King holds a tasting week from its own coffees

In Germany, the fast-food chain introduces its new coffee specialties in the scope of a tasting week. The program is communicated through TV channels with national coverage – Marketing Info...

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A German supermarket chain was selling “peeled” bananas

A supermarket chain in Austria that urges reduced usage of unsustainable packaging, has courted controversy by offering peeled bananas for sale. The bananas were offered for sale by German owned...

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Something new Beiersdorf

Patients with scalp problems suffer greatly and often seek for dermatological advice. Up to 20% of all patients name scalp and hair problems as the main reason for a visit...

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Boy, a skunk please!

A guest has asked for a living skunk at his hotel room, while others have requested coffins, dead roses or even a ghost. Metro magazin in Britain put together the...

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OKSZ: annual decline in retail sales can be 1-2 percent

The International Trade Association and the analyst of Savings Bank calculate with a 1-2 percent retail sales decline this year. According to the Ministry of National Economy, the sales decline...

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KSH: volume of retail sales declined by 2.6 percent in July

In July, the volume of retail sales declined by 2.6 percent, while in the first seven months of the year declined by 1.3 percent compared to the same period of...

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Domestic economic expectations remained pessimistic in September

GKI-Erste economic confidence index adjusted for seasonal effects has been essentially unchanged since May. A modest increase at the beginning of the year was followed by a fall in May,...

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The big supermarket chains are preparing to online market entry in Hungary

Hungary is lagging behind the neighboring countries in the field of e-commerce in connection with the online shops of the big chains. Among the reasons we can find mainly the...

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Agrana-Juice raises the purchase price of industry processed apples from 15 October

The Agrana-Juice Magyarország Kft. increases the purchase price of industry processed apples from 15 October – Szigeti Zoltán managing director of the company told MTI on Monday. He said that...

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Process restarted with fewer people in the meat plant of Kapuvár

The plant trade union leader, Pászli Tibor told MTI that Process restarted with less employees in the restarted meat factory in Kapuvár. Pászli Tibor told that among 180 temporary employees,...

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High feed prices cause difficulties to the livestock breeders in Zala county

Because of the high feed prices, the livestock breeders in Zala county are in a difficult situation. Another problem is that the price of the imported high-protein imported soybean increases,...

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Czech police found the sources of the toxic alcohol

Czech police found the sources of the toxic alcohol. The Czech police initated prosecution procceedings against two person who are the main suspects in the case – Martin Cervícek national...

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German business sentiment deteriorated further

Business sentiment is deteriorating for five months in Germany – announced the Munich-based ifo Economic Research Institute. In contrast with market expectations, the German business confidence index has not improved,...

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Action began to increase the bucket sales of Hungarian apple

Fazekas Sándor Rural Development Minister, Mártonffy Béla, president of FruitVeB and Dominique Ducoux, CEO of Auchan Magyarország Kft. jointly promoted the bucket sales of Hungarian apples in a department store...

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New meat plant was handed over in Miskolc

The meat processing plant of Mireitte Mirsa Zrt. was handed over in Miskolc on Wednesday. The facility cost 65 million forints. The company has not received state support for the...

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Nielsen: the sales of nonprescription drugs and medicinal products increased by seven percent

Retail reached 7 percent more in case of non-prescription and non-prescription drugs and medicinal products in the first half of this year, compared to the same period of last year....

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A new Auchan store was opened in Miskolc

Auchan has opened a new store in Miskolc, so the county seat of Borsod county is the first provincial town, where the French retail group has two stores. The Auchan...

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Beer survives nuclear strike

A Cold War-era study was found recently, prepared by the U.S. Army. The documents were discovered by Alex Wellerstein of Restricted Data. The documents show that the American researchers were...

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Unilever leads DJSI sectors for 2012

Unilever is the top-scoring company in both the Food Producers sector and the Food and Beverage super-sector following the 2012 Dow Jones Sustainability Indexes (DJSI) review. 14 consecutive years as...

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Magro.hu: online product sales in agriculture

The datas of Magro.hu market researcher show that there is a considerable layer in agriculture, who choose internet trading to sell crops. It is an interesting fact when market disorders...

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KSH: cereal grains – growing area, decreasing yield

This year’s cereal grain yield was 2 percent less, than in last year. 5.5 million tons was planted on an eight percent more area, compared to the results of the...

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