Company and Personal News
Plus stores transformed to Lidl in Romania
Date: 2011-06-22 12:29:44
The Romanian Plus stores opened as Lidl stores on Monday morning. The name change was the final step of the 300 million euros acquisition occurred last year. According to the...
Read more
Modern poultry farm established with EU support
Date: 2011-06-22 12:28:00
The Her-csi-hús Kft. and the Fáma Farm Kft. built a poultry farm using advanced technology, producing 720 thousand broiler chicken annually in Szabadegyháza-Középpuszta. The poultry farm, that built from 260...
Read more
Dynamic growth planned by Hungary Meat Ltd.
Date: 2011-06-22 11:51:59
Kiskunfélegyháza-based Hungary Meat wants to increase last year's slaughters from 1 million to 1.3 million. The company is a member of Pini group, and has been present in HUngary for...
Read more
Chaotic marking
Date: 2011-06-22 10:54:28
Consumers’ number one source for product information is the packaging. In recent years several ‘Hungarian product’ lobby organisations were formed who established their own markings, but provide little data on...
Read more
Red Bull Flying Bach-project is successful
Date: 2011-06-22 09:49:14
In 2011, the ultimate clash of culture is ready to take centre stage in Europe as the ensemble around Berlin’s four times breakdancing world champions Flying Steps kick off the...
Read more
Every third Hungarian citizen is willing to move abroad for a job offer
Date: 2011-06-22 09:06:01
One out of every three people in Hungary are willing to move abroad if they get the right job offer, and are even willing to keep hunting for a job...
Read more
Chips-tax: the price of energy drinks may increase the most
Date: 2011-06-21 13:30:43
The planned public health product tax will increase the price of energy drinks, instant soups, and chips. According to the law amendment; the tax should be paid from the first...
Read more
The rural development minister is satisfied with the EU's vegetable market crisis management
Date: 2011-06-21 12:50:56
The EU could effectively respond to the crisis occurred at the vegetable market, and the situation also showed that if there were no effective EU agricultural policy, the producers and...
Read more
Unilever is interested in OTP's Podravka shares
Date: 2011-06-21 12:45:30
The Unilever multinational food company is interested in the 10.6 percent share of Podravka, which is now owned by the Hungarian OTP Bank – wrote the Business.hr, Croatian daily newspaper,...
Read more
Austria is also debating on Sunday opening hours
Date: 2011-06-21 12:40:23
The debate has been recurred over the licensing of the Sunday opening hours of shops. Reinhold Mitterlehner Austrian Minister of Economy stated in the weekend broadcast of ORF; that he...
Read more
SABMiller's ten billion USD bid refused
Date: 2011-06-21 12:30:52
A huge business transaction is preparing in the beer brewing industry: SABMiller took a 10 billion bid for Foster's. Due to the news the Australian company's shares increased by over...
Read more
German ZEW index is on its lowest value since January 2009
Date: 2011-06-21 12:11:41
Contrary to the 3.1 points value of the previos month and to the expected -1.5 points, the June sentiment index of German ZEW became -9 points. The index reflecting on...
Read more
Costa cafés are spreading around the world
Date: 2011-06-21 12:01:20
Costa's good results are due to the turnover of its foreign cafés and the opening of new units. Costa's turnover over the past three months increased by 22.5 percent which...
Read more
GKI: Medium-term business forecast until 2013
Date: 2011-06-21 11:20:38
The price of the forecast is EUR 6900 + VAT, and that of the December update is EUR 2300 + VAT. If you order the forecast until 30 June, we...
Read more
The Magyary Programme for Public Service
Date: 2011-06-21 09:31:31
It is the common goal of us all that there should be public administration which befriends citizens,’ said Tibor Navracsics, Minister of Public Administration and Justice on Tuesday at the...
Read more
New addition the the market of online auction portals
Date: 2011-06-21 07:54:21
The owner of Vatera and TeszVesz, namely allegroup.hu has launched a brand new special offer-collecting site called lealkudtuk.hu. The weekly number of unique users is 55 000 persons at the...
Read more
New issues when it comes to fieldmarketing
Date: 2011-06-21 07:26:17
POS Media Target Hungary has launched its new business Season Promotion. The new brand is launching a new group under the title Field marketing starting from May this year. Several...
Read more
World organization of FMCG companies initiating political discussions
Date: 2011-06-20 19:30:52
“Hands up, if you are selling now like you did ffive years ago” – British TV-personality and moderator Alex Thomson turned to his audience consisting of 850 major leaders within...
Read more
OKSZ: The shops in abroad can profit from the chips-tax
Date: 2011-06-20 14:50:28
According to the National Trade Association (OKSZ); the public health product tax will result in the increase of the black marlket and tax avoidance, while the costumers will purcahse more...
Read more
The excellent Hungarian honey competes with cheap Chinese imports on the European market
Date: 2011-06-20 14:13:37
Last year's stormy weather decimated the Hungarian honey yield, Hungary's exports decreased to 12 thousand tonnes from the previous level of around 20 thousand tonnes. The major European distributors replaced...
Read more
End of the ages of cheap Chinese products?
Date: 2011-06-20 13:40:53
For a good thirty years, China increasingly produced more and cheaper, but this will soon come to an end – says Bruce Rockowitz, the managing director of Li and Fung...
Read more
Wine proved to be a better investment than gold
Date: 2011-06-20 13:25:50
Perhaps only a few would thought that wine was one of the best investment of the recent years, because with the purchasing of the quality – mainly French – wines...
Read more
Russian traders circumvent the ban on the import of European vegetables
Date: 2011-06-20 13:20:25
Despite the import ban, due to the diarrhea outbreak, one can find European vegetables on the Russian market – states the Monday issues of the Vedomosztyi newspaper “As expected, the...
Read more
China would significantly reduce import duties on high-category goods
Date: 2011-06-20 13:18:32
China is already the world's second largest luxury market, but soon, demand may be even greater: The Far Eastern country has plans to reduce import duties on high-category items, so...
Read more
A truckload of unmarked eggs seized by NAV
Date: 2011-06-20 13:00:33
The officers of the National Tax and Customs Administration (NAV) found a truckload of unmarked eggs near Rajka. The truck came from Slovakia. The finance officers stopped the Slovakian truck...
Read more
The U.S.A. became the country of home gardeners
Date: 2011-06-20 12:55:07
Millions of people started gardening on their own at the outbreak of the Great Depression in the United States in 2008, in order to restrain their spendings. Now it appears,...
Read more
A bit of Hungarian
Date: 2011-06-20 12:52:26
Market research makes it evident that buying Hungarian is increasingly important for shoppers. The Ministry of Rural Development has already drawn up draft legislation on regulating Hungaricum and domestic products....
Read more
Energy – Another Successfully Closed Field of the Presidency
Date: 2011-06-20 12:03:12
The energy ministers of the EU adopted Council conclusions at their meeting chaired by Minister for National Development Tamás Fellegi, held in Luxembourg on 10 June 2011 to review the...
Read more
Kométa paying more attention nutrition details
Date: 2011-06-20 09:25:01
A Kométa idén tavasszal együttműködési megállapodást írt alá a TÉT (Táplálkozás, Életmód és Testmozgás) Platformmal, továbbá termékei csomagolásán folyamatosan megjelennek az INBÉ (Irányadó Napi Beviteli Érték) jelölések is, annak érdekében,...
Read more
METRO is helping starving children
Date: 2011-06-20 08:14:24
Feed the Children Foundation has launched a special program in August 2009, in order provide kids in need with plenty of food, supported by celebrities, within the compass of a...
Read more