Company and Personal News

Less but higher quality alcoholic drinks are sold

Alcoholic beverages constitute a special market in Hungary as spirits, wines and beers have a one-third share of the market each. Wine consumption has declined recently and the annual average...

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Good market position for chocolate

According to the Nielsen Retail Index, total value sales of the three chocolate segments increased by 3 percent in the December 2010-September 2011 period, compared with the same period a...

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Market expansion and strengthening manufacturer brands

2 percent higher value sales and 1 percent more sold in terms of volume in December 2010-September 2011 – this is how the meat product market developed according to the...

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Food Club Workshop was launched

Food Club Foundation was established this year and its undertaking is to analyse the state of play in the Hungarian food sector and the chances for increasing its competitiveness. The...

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New taxes on food products reduce competitive chances

It is too early to predict the consequences of the public health product fee (NETA) – we heard at the food processing conference recently held in the German and Hungarian...

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Stress management guide

We are living turbulent times: companies are leaving the country, employees are laid off and there are restructuring processes under way everywhere. This lack of stability puts great pressure on...

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The GKI improved this year's GDP expectations

Despite the previously projected 1.5 percent decrease the GKI Gazdaságkutató Zrt.expects a one percent decrease in 2012. The economic research points out in its evaluation sent to MTI that the...

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Magazine: The year of recognitions – interview

2011 was the year of professional recognitions for Coop Group. We discussed last year’s results and the outlook for 2012 with Co-op Hungary CEO László Murányi. • – How do...

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Grant increased to 10 million from the former 4 million HUF on the most popular competition of the New Széchenyi Plan

On the New Széchenyi Plan’s (ÚSZT) “Micro-enterprise development” competition the amount of support increased more than twofold, from 4 to 10 million HUF. The discount credit beside the support can...

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Credit card payment is more and more popular

According to the most recent survey of MasterCard; the improving trend of the popularity of credit card payment in Hungary continued in 2011: an 8 percent increase occurred among those...

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Figula Mihály: “Hungarian wine is more than a food product”

Figula Mihály Jr. from Balatonfüred became the Young Hungarian Winemaker of the Year, on the basis of the votes of the audience, sharing the title with Bodri Orsolya. Figula Mihály...

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U.S. consumer optimism spins the world's largest economy

In January, consumer sentiment continued to improve higher than the expectations of the  analysts in the United States. The joint monthly sentiment index of Reuters news agency and the University...

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HITA, intellectual property office partner supportS SMEs

The Hungarian Investment and Trade Agency (HITA) and the National Office of Intellectual Property (SZTNH) have signed a cooperation agreement in the interest of improving the competitiveness and innovative activities...

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Auchan’s website renewed

The website of Auchan Magyarország Kft. renewed again. The products can be searched on the basis of stores, the campaign news page also popular, and the special offers and news...

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One Lidl store opening in Gödöllő instead of two

One Lidl-store is going to open its gates in Gödöllő instead of the previously planned two outlets. The reason behind this is the fact that the company has not received...

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The Italian mafia involved in the counterfeit of food

According to an Italian parliamentary report; organized crime plays a significant role in the distribution of counterfeit food products labeled as Italian goods – informs the National Board Against Counterfeiting....

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Sugar-quota will not be cancelled

The state of secretary in charge of agriculture believes that there is a good chance that the sugar quota will not cease to exist within the European Union – György...

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The new NIVEA Pure&Natural night cream has launched

The new NIVEA Pure & Natural trail has just launched! Find treats hidden in three exotic places, like a luxury spa day for you and a friend. The more you...

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New, environment-friendly SPAR flyers

SPAR Hungary Ltd. has recently switched to an even more environment-friendly attitude, including commercial and marketing activities. As a result of this attitude, the company has decreased the percetage of...

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The government has approved Hungary's medium-term plan of consumer protection

The government has approved Hungary’s 4th medium term, consumer protection policy lasting until 2014 and also the task plan of measures – told the National Economy Ministry (NGM). According to...

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The GYIA has improved

The index measuring the performance of the real economy, was in minus 0.1 to 0.2 percent, during the last four months. If we want talk of positive change the index...

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Chio's revenue fell due to chips-tax

The 2011 revenue of market leading snack maker Chio Magyarország, a unit of Netherlands-based Intersnack International, fell 5% to 11. 6 billion HUF HUF because of the introduction of a...

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Higher than average number of consumer complaints for e-commerce

Last year, higher than average number of consumer complaints arrived to e-commerce, therefore the consumer protection authority will monitor more closely these areas in 2012 – said Pintér István, Director...

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Brussels urges ban on the traditional hen cages

The European Commission called on the 13 EU member countries, including Hungary, to take actions in its Thursday letter to connection with the deficiencies of the implementation of EU animal...

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Healthy Eating Trends Around the World

With feedback from more than 25,000 online respondents from 56 countries around the world, this repot reveals how consumers are battling the bulge and how food producers and marketers can...

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The applicants of Zala won almost one and a half billion HUF support

35 companies in Zala county won almost one and a half billion HUF support from the Western Transdanubian funds of the New Széchenyi Plan. The President of the General Assembly...

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The pressing of the Balatoni korona starts on Friday

The pressing of the Northern-Balaton region local currency, the Balatoni korona will start on Friday, which is expected to be marketed in late March – said Leitold László Deputy CEO...

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Private Label Supplier Conference at METRO

METRO Commercial Ltd. has held its Private Label Supplier Conference on 25th and 26th January, within the compass of which the leaders of private label product-manufactuers were invited to METRO...

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The IMF has published its regular annual report on Hungary

The International Monetary Fund (IMF) has published on its home page their regular annual report on Hungary. According to Article 4 of its charter, the IMF shall prepare a review...

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Better-than-expected retail sales in November

The increase in retail sales in November exceeded the expectations of the analysts polled by MTI who expect that this year turnover will decline. The Central Statistical Office (KSH) reported...

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