Company and Personal News
The Ministry of Rural Development would reduce Hungary's vulnerability on the food market
Date: 2011-04-29 14:06:20
Hungary's vulnerability on the food market must be reduced. The key would be self-sufficiency – said Czerván György, secretary of state of the Rural Development Ministry, responsible for agri-management on...
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Magyar Cukor Zrt. will spend 7 billion HUF on development
Date: 2011-04-29 13:38:11
Magyar Cukor Zrt. will spend 7 billion HUF on development in the forthcoming years – said Hájos László, the company's Deputy CEO in Tihany, on Friday. Hájos László told that...
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Premises are also important for online merchants
Date: 2011-04-29 13:29:01
Despite the increase in online sales the personal purchasing in shops remained an essential part of retail trade – shows the latest report of CB Richard Ellis (CBRE) real estate...
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The regulation of mobile stores may be stricter
Date: 2011-04-29 13:06:32
Increasing competition occurred between the convenience stores and mobile stores, due to the crisis. A regulation under construction would significantly make their operation more difficult. According to sources; the plans...
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Far East and Russia are increasingly important to Pick
Date: 2011-04-29 13:03:20
Pick Szeged Zrt. indefinitely postponed the planned 30 billion HUF greenfield investment. However, increases pig breeding and exports. According to the company; the future is in the bit more expensive...
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Further decline in the German retail sales
Date: 2011-04-29 13:01:50
Contrary to expectations, retail sales volume decreased in March in Germany. This was the second monthly decline in a row. Expectations were about a 0.2 percent expansion, while a 2.1...
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Coop-help to children with special needs
Date: 2011-04-29 12:28:13
Coop Aid Foundation is supporting the catering program of 6400 children with special needs, all over the country. The first gifts were passed on to the Children's home in Kmety...
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Tchibo almost doubled its pre-tax profit in 2010
Date: 2011-04-29 12:19:07
Tchibo's pre-tax profit almost doubled last year, thanks to the restructuring program. The German coffee distributor group reached 288 million euros pre-tax profit, after previous year's 148 million. Revenue increased...
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Free online presence even for small businesses
Date: 2011-04-29 09:36:33
More and more small businesses open up for the possibility of strong online presence: since February, more than 5 thousand companies have signed up for the program titled Cégem (My...
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CBA will sell Pál Schmitt's wine
Date: 2011-04-29 08:38:40
This week, president Pál Schmitt chose the white-, red. and desert wine to bear the title wine of the President of the Republic of Hungary. The jury of experts chose...
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The companies object the compulsory chamber membership
Date: 2011-04-28 13:55:32
The companies do not agree with the compulsory chamber membership. Among them, the companies that have no membership are strongly opposing to the introduction of the measure, while members of...
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We pay by credit card mostly in hypermarkets
Date: 2011-04-28 13:05:07
The expansion of electronic payment continues among the Hungarian card holders, More and more people use their bank card for shopping regularly, and the share of foreign payments, and internet...
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Prince William's wedding may bring half a billion pounds revenues for UK retailers
Date: 2011-04-28 12:54:52
According to the forecasts of the experts; British retail can expect more than half a billion pounds extra revenue from the wedding-related consumption. British Prince William – the eldest son...
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Unilever increased its sales by seven percent
Date: 2011-04-28 12:48:33
British-Dutch Unilever's good first-quarter results are due to the turnover increase occurred primarily in the emerging markets: its sales grew by 7 percent worldwide compared to a year earlier to...
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McDonald's opens 700 new restaurants in China until 2013
Date: 2011-04-28 12:48:05
McDonald's would increase the number of its Chinese restaurants to two thousand. The company, which recently overtaken by the Subway fast food chain in the competition for the world's biggest...
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Procter and Gamble: 20 billion revenues in the first quarter
Date: 2011-04-28 12:40:28
Procter & Gamble reported 20 billion USD revenues and 0.96 per share result today in its first quarter flash report. The report did not cause any great surprise to the...
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New educational program at Cora
Date: 2011-04-28 12:22:29
Cora has launched a new educational program for its employees in November 2010 in its outlets in Budakalász, Fót and Szeged. The program is supported by the European Union with...
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No buyer found for the assets of the former Egervin
Date: 2011-04-28 12:18:11
The tender for the total assets of the former Egervin, now known as Integrált Borgazdaság Zrt. ended in failure again. Szűcs Zoltán, regional manager of the liquidating company, the Ratis...
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The world’s biggest companies joined forces (part 2)
Date: 2011-04-28 10:41:10
The Consumer Goods Forum (CGF) unites 400 leading retailers, manufacturers and service providers and in the previous issue of Trade magazine we started discussing their 70-page report, Future Value Chain...
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Is internet a tool or a source of fun for Hungarians?
Date: 2011-04-28 07:29:10
Even the most active internet users get online to work or get stuff done, and few of them focus on the fun part of the internet. The way consumers behave...
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New leader at Ipsos
Date: 2011-04-28 06:26:10
Gábor Németh used to work for the European market research team of SABMiller. Starting from May 2011, Gábor Németh is the new customer-contact director of the marketing research team of...
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An increase in economic optimism is to be seen
Date: 2011-04-27 15:40:33
The Reuters/Ipsos MORI April Political Monitor shows an increase in economic optimism in the wake of official figures showing surprise drops in both unemployment and inflation. Three in ten (31%)...
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Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher Coface grows wary of worldwide risk
Date: 2011-04-27 14:34:44
Coface grows wary of increasingly volatile markets as it ups its perception of risk in 10 countries worldwide. Coface has re-evaluated risk in volatile markets across the world as it...
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A panorama over Sunday closure
Date: 2011-04-27 13:00:07
According to a study; the supermarkets may profit from the restricting of the Sunday opening hours of shops, and although many people would be exempt from work on Sundays, it...
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Penta only needed the market?
Date: 2011-04-27 13:00:03
The debate between the Penta meat industrial group and some leading government politicians threatens with EU conflict. The Penta group is “accused with market buying”. Fórián Zoltán, business director of...
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Mangalica Shop opened in Budapest
Date: 2011-04-27 12:59:08
The Ministry of Rural Development creates an action plan to support the pig industry. Within a few weeks the plan will be released for public discussion – said Czerván György,...
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Hundreds of thousands of cutlery sets were sold in Tesco to earn points
Date: 2011-04-27 12:54:36
The customers of Tesco had more than 4 months to collect points for their purchases and then redeem them for Zwilling cutlery sets. The promotion was very popular among the...
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Metro organized its second supplier conference
Date: 2011-04-27 12:25:00
A Metro Kereskedelmi Kft. in January, invited 130 food companies to think together as partners in January. This year's second supplier conference was held at the Metro Customer academy in...
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Demján: Hungary on the Silk Road
Date: 2011-04-27 12:19:37
Hungary's economic and natural conditions are good enough that the country could be the final stage of a modern “Silk Road” – said Demján Sándor, Executive Chairman of the National...
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Puma can jump the 3 billion euros
Date: 2011-04-27 12:16:29
PUMA increased its revenue in the first quarter in excess of ten percent, thanks to the increasing demand in the U.S. and Asian markets. The German sports goods manufacturer exceeded...
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