Company and Personal News
Hungary's largest shopping center opens spring 2013
Date: 2011-10-18 14:31:25
With the construction of the second phase of the Árkád in Budapest Hungary's largest shopping center trade area will be established in 2013 in the Örs vezér square. The construction...
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NAV: The deadline of chips-tax is approaching
Date: 2011-10-18 14:20:09
The deadline of public health taxes so called chips-tax is approaching – told the National Tax and Customs Administration (NAV) to MTI on Tuesday. According to the Communication; the tax...
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Coca-Cola's flash report corresponding to the expectations
Date: 2011-10-18 14:10:55
Coca-Cola's third quarterly report meets the expectations: by eliminating the effects of non-recurring items, profits were 1.03 USD per share in when the markets expected 1.02 USD. Management reports that...
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Raben investing in Hungary
Date: 2011-10-18 13:16:39
European logistics operator, Raben Group, has today announced the acquisition of businesses in Poland, Hungary, Czech Republic and Slovakia. The Wincanton businesses in Poland, Hungary, Czech Republic and Slovakia provide...
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Danone would sell its bottled mineral water brands to a Japanese company
Date: 2011-10-18 12:50:10
The Paris-based Danone would sell its Evian and Volvic bottled mineral water brands to the Japanese Suntory. In the scope of non-public negotiations Danone would sell its two brands of...
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Nike closes several shops in Hungary
Date: 2011-10-18 12:30:41
In the forthcoming months several Nike stores are expected to be closed in Hungary. According to the informations of Pénzcentrum.hu; there are shops that are trying to sell only the...
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ZEW index: German business sentiment decreased
Date: 2011-10-18 12:20:41
German investor sentiment fell in October. More and more signs indicates that the European debt crisis may spread to the banking sector. According to the survey of the German ZEW...
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Magazine: Price-value ratio is decisive when buying food
Date: 2011-10-18 11:49:36
Nielsen conducted a survey in 55 countries, which revealed that 47 percent of Hungarian consumers are influenced in their food buying decisions by the price-value ratio of a product. 43...
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Coface country risk assessments: deterioration in Europe and in the United States
Date: 2011-10-17 19:08:06
Coface notes a deterioration of the average strength of companies in Europe and in the United States and is placing on negative watch, or removing positive watch of, 8 developed...
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SAPS-payment to farmers began
Date: 2011-10-17 18:57:12
The payment of the unified support per territory (SAPS) has begun this Monday by the Ministry of Agriculture and Rural Development. As a whole, a total of 280 billion HUF...
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Seven hundred companies on the positive consumer protection list
Date: 2011-10-17 12:50:35
Across the country more than seven hundred companies are included to positive consumer protection list – told Pintér István, the Director General of National Consumer Protection Authority on Thursday in...
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Chamber of Agriculture: support can be requested for winery machines
Date: 2011-10-17 12:40:41
The support for winery machines and technical equipment can be requested from the 17th of October. SMEs can request a 40 percent, while large corporations a 20 percent support from...
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42 wines from 14 wineries in three cities
Date: 2011-10-17 12:28:23
The vitors of the Bországjárás wine region presentations can become acquainted with 42 wines of fourteen somlói wineries – including the Györgykovács, the Kolonics, the Kreinbacher or the Laposa between...
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Tesco aims the furnishings market
Date: 2011-10-17 12:27:08
Tesco would conquer the Hungarian furnishings market – at least a part of it. The department store chain extends its range running under the F&F brand. Although there is no...
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The new Apple I-phone broke all previous records
Date: 2011-10-17 12:25:08
Apple's new I-phone broke all previous premiere records this weekend. Up to four million pieces could be sold in the largest markets. According to the informations of Világgazdaság the new...
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CBA takes over the operation of the units of Delikát Kft.
Date: 2011-10-17 12:25:08
The CBA Kereskedelmi Kft. takes over the operation of 19 units of its franchise partner, the Delikát Kft.. The Delikát Kft. is suspected with tax evasion. The CBA Kereskedelmi Kft....
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A CBA store burnt down in Pesterzsébet
Date: 2011-10-17 12:11:05
Sunday night, the CBA store in Kossuth Lajos Street, Pesterzsébet burnt down. 11 people had to be evacuated from the flats of the building of whom six residents were taken...
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Magazine: The majority of Hungarian consumers mostly improvise when buying food
Date: 2011-10-17 11:47:04
Hungarians’ main motives for buying food are very different from the European average. Most Hungarians improvise and go shopping when they have run out of something. On the contrary, the...
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Nestlé opens hypoallergenic infant formula factory
Date: 2011-10-17 10:57:45
Nestlé opened a new EUR 117 million (over CHF 149 million) factory in Germany dedicated to producing hypoallergenic (HA) infant formula. As an extension of the Company’s 106 year old...
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The chocolate factory of Salgótarján has burnt down
Date: 2011-10-14 23:38:55
The entire Christmas-candy collection was perished by fire at the chocolate factory in Salgótarján on Saturday, early in the morning. Luckily, no person was harmed, but the damage might be...
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ÉFOSZ: ” The government continues to punish the Hungarian food industry”
Date: 2011-10-14 14:10:43
According to the National Food Processors Association (ÉFOSZ), the government continues to punish the Hungarian food industry with higher tax, does not think about its economic consequences. The professional organization...
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NGM: export pulled the expanding industrial production
Date: 2011-10-14 14:00:33
The industrial production in August was 4.4 percent above the year-ago level, while total sales were 2.5 percent higher, than in August 2010 – said the National Economy Ministry (NGM)...
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We spend weeks with shopping during our lives
Date: 2011-10-14 13:50:21
Interesting data has been published in connection with consumer habits. An average customer spends 1539 hours, ie 64 days with shopping during lifetime. An average British customer spends 1539 hours,...
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Szamos Marcipán and the Tokaj Trading House came up with a common gift pack
Date: 2011-10-14 12:50:55
Szamos Marcipán, known for its famous chocolates and bon-bons and Tokaj Trading House, the largest winery of the Tokaji wine region launched a joint product – announced the companies. The...
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Fishing festival in the Hortobágy
Date: 2011-10-14 12:40:37
1500-2000 tons of fish caught off from the fishponds of Hortobágy this year – told Sarka Béla, Chief Executive Officer of the Hortobágyi Halgazdaság Zrt. to MTI on Saturday. At...
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Aldi and Lidl founders are among the richest Germans
Date: 2011-10-14 12:31:23
According to the latest estimates; the founders of Aldi and Lidl are still among the richest Germans – they could pay the whole debt of the Hungarian foreign currency debtors...
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Magazine: We spend more in discount stores than last year
Date: 2011-10-14 11:27:50
In the January-May period there were rather significant changes in the market shares of retail channels. The population spent HUF 1,100 billion a day on FMCG products, from which discount...
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Danone supports chronically ill children
Date: 2011-10-14 11:16:45
Danone's special charity program to support chronically ill children began on 3rd October this year and it is going to last until 13th November. The program has been helping kids...
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System Alliance Europe implements a new clearing system
Date: 2011-10-14 09:11:58
The 47 System Alliance Europe partners benefit from optimized invoicing and more process transparency. Following a two-year development period, CargoClear, a web-based clearing solution designed for the specific requirements of...
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Milk-quotes will be handled by the state
Date: 2011-10-13 13:49:17
The Hungarian Dairy Research Institute is going to manage milk-quota of farmers from 1st November 2011 , instead of the former co-partner (Livestock Performance Testing LTD) – the Ministry of...
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