Company and Personal News

No price changes when it comes to Easter-ham in Tesco

30 different kinds of smoked ham, from premium category to favourably priced ones and colognes are waiting for customers in Hungarian Tesco stores. Some of the products are being sold...

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PICK remains faithful to Hungarian premium ingredients

In the Easter-season, even price-sensitive customers aim for high quality, premium products. Unfortunately, this is also the time of the year when low quality meat may spread the market, deriving...

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GKI: Three economic policy challenges

According to the forecast of GKI Economic Research Co., in 2011 the government was finally forced to do what it wanted to avoid, and to implement a program envisaging some...

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New owner and CEO at Coop Győr Ltd.

COOP Szolnok Ltd. has acquired Coop Győr Ltd in August 2010. Within the compass of the company's meeting held on 4th April, it was officially announced that CEO Péter Boros...

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Hungarian wines will be served during the Polish EU presidency

Hungarian wines will be served during the Polish EU presidency, that will last in the second half of 2011 – announced the Ministry of Rural Development (VM). To compile the...

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Hungarian meat industry is in nadir

In recent months, discussions have taken place continuously, because of the dramatically increasing feed prices. The association of pig farmers turned to the ministry, pushing for government intervention as soon...

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Poultry Product Council: Need a day of poultry meat!

The Poultry Product Council (BTT) proposes  the International Poultry Council (IPC) the introduction of poultry world day at the meeting of the organisation that will be held from the 6th...

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The change of waste management rules may result in rising food prices

The change of waste management rules may lead an up to a 10 percent food price increase. The waste management law, still under construction increases the product fee obligation of...

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50 thousand new employees at McDonald's in one day

McDonald's intends to recruit 50 thousand new employees on the 19th of April. Under the one-day action, the company is looking for restaurant staff and managers to the American restaurants...

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The chocolate bunny of Lindt received court protection

The marathon trial ended with the victory of Swiss Lindt & Sprungli chocolate manufacturer which the company launched in order to protect its Easter chocolate bunnies against Austrian rival. A...

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New product in the Milli Mia product-family

A new product coming from the Milli Mia dessert-family appeared in the stores on 1st April 2011: the coconut-chocolate Milli Mia Family Dessert. The creamy pudings of Milli Mia were...

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Compulsory chamber membership to be introduced?

The Law of Chambers of Agriculture still in construction would impose mandatory membership of the entire food industry, not only on producers and processors, but also on traders – reports...

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The administrative burdens of businesses may be reduced by five hundred billion

This year, the administrative costs of businesses may reduce by a total of  five hundred billion HUF. The government will decide over the first 100 billion HUF relief package this...

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Hungarian milk goes to export

Due to the expanding export, milk shortage emerged in the country, resulting in price increase of raw milk. Only in the past month, the price of raw milk increased by...

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Price increase to be postponed

The price of bread did not increased, although the bakers obtain flour at a higher price – told the merchants to Magyar Nemzet. According to Fodor Attila, communications director of...

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Cerberus bought 42 Metro stores for one billion euros

The acquisition under which the U.S. investor the Cerberus Capital Management (Cerberus) bought 42 Metro Cash & Carry stores for one billion euros, as well as 3 additional properties in...

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How long before the recession ends?

In the United States people start to return to restaurants. What is the view of the profession’s Hungarian representatives on the current recession? Krisztián Kiss /Head chef of Cascade/: Our...

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Five billion HUF to the development of local markets

The government would spend five billion HUF on the development of the local markets, in order to transport the locally produced goods to the local communities without intermediaries – said...

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Tesco offers used cars on the Internet

According to the website of the company; the used-car sales started at the British Tesco on Sunday. This new service will enhances the activity of the chain and will boost...

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PICK empoyees are in the centre of the new communication campaign of the company

“Perfect Co-operation” is the title of the new communication campaign of PICK Szeged Ltd, in order to make the leading brand PICK even more popular. The major focus of the...

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Wella launched a new Wella Pro Sries product-family

For more than 130 years Wella's passion and expertise has been the benchmark of the professional salon experience. And although nothing replaces the expertise of a real hairdresser, now WELLA...

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Red Bull Music Academy to relocate

With Japan’s capital still readjusting after the country’s troubles, on April 11 the Red Bull Music Academy will announce a new location for 2011 instead of Tokyo, while applications for...

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Sunday opening hours – Pro and con

The proposal is intended not only to give the workers a rest day, but also to reduce the competitive disadvantage of the smaller shops against hypermarkets. Harrach Péter believes that...

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A new network of primary producers' market at living estates

A network of market for primary producers will soon be created, mainly in the cities at living estates, if the the example shown on Saturday by the 11th district of...

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Hungary remains GM food free

For Hungary it remains an important objective to preserve the country free from genetically modified organisms (GMO) – said Ángyán József, State Secretary of the Ministry of Rural Development, responsible...

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Common Agricultural Policy is still the way to go

Plans to limit subsidies paid to big farms under the Common Agricultural Policy have won insufficient support in the Council of Farm Ministers. The farm commissioner thought that the proposals...

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The future of the mushroom industry can be positive

Hungarian mushroom  production can increase by up to 30-40 percent, after the previously experienced downturn stopped. If the mushroom industry can compete with its competitors it will have a great...

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E-invoicing could be resulted in 40 billion euros savings per year

According to the previously stated intention of the European Commission, they want to achieve a 20 percent electronic bill penetration in the EU, until 2020. The expectation is not impossible,...

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Danone’s turnover increased by three percent last year

The Hungarian turnover of Danone Dairy Production and Distribution Ltd. last year expanded by 3 percent in value, the net sales together with the exports were 28.9 billion HUF. The...

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Marks & Spencer opens clothing and food stores in France

One of Britain's biggest retailer, the Marks & Spencer announced, that after a 10 year break they are opening stores in France. The first store will open later this year...

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