Company and Personal News

ICO celebrates its 60th birthday

ICO Ltd., the greatest producer of writing- and office tools in Hungary and Central-Eastern Europe, throws a 3 day-long partner-meeting every year, and this time within the compass of the...

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42 million PET-bottles and aluminium boxes collected by Tesco custmers

A Tesco-Global Áruházak Ltd. has launched its campaign to collect PET-bottles in the fall of 2010. The campaign took place all over Hungary, from 24th September to 11th February, and...

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The introduction of the hamburger tax is under investigation

The ministries are investigating the effects of the introduction of the so-called hamburger tax. Matolcsy György, National Economy Minister told that the health nutrition studies of the recent years show...

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The network of SPAR joined the Multi-Pay cafteria system

Before the long weekend, people spent more time shopping than on an average Friday, thus it was a good time to check the Multi-Pay system within the network of SPAR....

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The EU Commission supported the duty-free import of 300 thousand tons of sugar

As expected, according to the earlier proposal the EU Commission supports the opening of  a 300 thousand ton duty-free import quota. According to the forecasts, the EU sugar stocks are...

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U.S.: Consumer confidence down, retail sales up

On the basis of the survey of Thomson Reuters and the University of Michigan; consumer sentiment in March decreased by an extent, has not seen since the beginning of the...

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1.2 percent economic growth beside decreasing consumption in 2010

According to the detailed datas of the Central Statistical Office; In the last quarter of last year, Hungary's GDP grew by 1.9 percent. Thus, in 2010, gross domestic product rose...

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Italian taste from Tchibo

The new Tchibo Espresso Sicilia Style has the strong, distinctive flavor of Southern Italy, while the new Tchibo Espresso Milano Style has an elegant, slightly fruity taste of the northern...

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The annual market crossed the HUF 21-billion threshold

Chocolate bar retail sales augmented by 4 percent in value last year and surpassed the HUF 21-billion level. Volume sales in December 2009-November 2010 were at the same level as...

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The Gold Plaza of Nagybánya is more than bricks and mortar

The FUTUREAL Group and the Immofinanz Group completed the sale of Nagybánya’s Gold Plaza, which is the first modern shopping and entertainment center in North-West Romania. The Gold Plaza is...

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Announcement of the “Civil Island” Tender

The Sziget Cultural Management Office (Sziget Office) is announcing a tender for this year’s festival taking place between August 10th 2011 and August 15th 2011. The tender is open to...

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Manufacturer brands bettered their position

According to the Nielsen Retail Index, last year people spent HUF 9 billion on ham in the Easter holiday period – 6 percent more than a year earlier. As for...

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The producer price of the agricultural products increased by nearly 40 percent

According to the Central Statistical Office; the producer price level of agricultural products was 39.6 percent higher in January 2011, than a year ago. In particular, the price level of...

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Franchise the Hungarian way

A brand name that promises profit and buying a business concept – this is franchise. We find well-working franchises and failures in both the Hungarian FMCG and Horeca sectors. László...

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Poultry prices may increase by one-fourth during the Spring

The poultry producers have been already forced to increase prices, but this is only the beginning: in the spring, chicken and turkey prices may increase by one-fourth. The Poultry Product...

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CBA’s turnover increased last year

CBA increased its turnover last year: the turnover of the retail network was 555 billion HUF, 7.5 billion more than in 2009. The number of stores did not change: a...

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Tesco and Carrefour may invade into the Croatian market soon

The Tesco  retail chain will enter the Croatian market soon, probably by using acquisition. Tesco can practically supply its stores from Hungary – said Evacic Martin, the President of the...

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Honey-case: HUngary must also go by EU-rules

Hungary is not permitted to use any other ingredients in honey-based products than what all 27 members of the EU are permitted to use. Endre Kardeván, state secretary of the...

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Synergon Retail Systems – Business Partner of the Year

Synergon Retail Systems Ltd. received the ’Most Dynamically Expanding Retail Partner’ award of the IBM Regional Retail Store Solutions branch, which was handed over to the Managing Director of SRS,...

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Germany increased its share in world trade

The German export and import may reach its pre-crisis levels – shows the analysis of BGA trade organization. The researchers believe, that the strenghtening of euro will put a longer-term...

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The Competition Authority initiated proceedings against the Lidl

The Competition Authority initiated proceedings against Lidl Hungary Bt., presupposing the charge of unfair trade practices against costumers. The proceeding of the Competition Authority does not imply the claim that...

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The reorganization of the Electro World soon to be completed

Until the end of March, Electro World will finish the reorganization of the Electro World group. In this spirit the Electro World Campona will close on the 10th of  March...

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Nespresso expands in rural areas

Nespresso has opened its first non-Budapest basedsales points in Győr and Székesfehérvár. In these new so-called Nespresso Corners, those who are interested in the experience get the chance to discover...

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(HU) GfK: Enyhén bővült az élelmiszer- és háztartási vegyi árupiac

Last year, the food and household chemical product market increased by a modest, 1.4 percent on the basis of the turnover of retail stores – said Kozák Ákos, executive director...

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The number of bread and pasta manufacturing companies increased last year

At the end of last year, 1,737 bread and pasta manufacturing companies were in Hungary, 5.8 percent more than at the end of December 2009 – reported gazdasag.hu on Wednesday...

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The amount spent on TV advertising further decreased last year

Over the past year, 3 percent (58.3 billion HUF) less was spent on television advertising in the Hungarian market, compared to 2009 – said Nagy István Ottó, director of Ernst...

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FAO: fish breeding has reached its peak

The industrial fish breeding increased by 6.6 percent annually over the past 30 years. The annual 0.7 kilograms per capita fish consumption, therefore, has now increased to 7.8 kilograms. But...

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E-billing spreads slow because of the absence of standard

Although the electronic bill has a lot of economic advantages, it is spreading slowly in the Hungarian market – said Kőrös Zsolt, executive of Noreg Kft. on Wednesday at a...

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This year there will be no new Auchan because of the crisis tax

Over the past year, without its gas stations Auchan’s gross turnover was 225 billion HUF – said Jean-Paul Filliat, manager of the company, at a press conference today. Auchan Hungary...

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