Company and Personal News
German retail sales decreased further
Date: 2010-10-29 18:17:48
In Germany, the decline of the September retail sales accelerated. After the 0.4 percent decline of August a 2.3 percent decline has occurred. Annual growth is 0.4 percent. On the...
Read more
EU decision: more alcohol can be in the Hungarian wines
Date: 2010-10-29 18:16:47
Brussels agreed that because of the bad weather, winemakers can increase the alcoholic degree of wines. A further nine countries, Germany, Slovenia, Austria, the Czech Republic, Belgium, Denmark, Slovakia, the...
Read more
The impact of the pharmacy liberalization on consumers
Date: 2010-10-29 18:15:56
According to the study of GKI-EKI Egészségügykutató Kft.; Because of the pharmacy liberalization, geographical and demographic constraints of the establishment of pharmacies have been terminated. The 19 percent increase in...
Read more
Revival of the legendary Centrum malls
Date: 2010-10-29 15:24:25
Centrum Store will be opened in five locations in Hungary: Miskolc, Eger, Kecskemét, Szeged and Pécs. In the next five weeks, the Centrum stores will return under their old name....
Read more
Tesco refutes
Date: 2010-10-29 13:05:19
The National Labour Inspectorate (OMMF) found irregularities in several areas of the Tesco Stores Ltd., and thereby “several million forints labor fines expected” – told the National Labour Inspectorate to...
Read more
(HU) Pátyi vállalkozók- Marhapörkölt – Magyar Színészválogatott, a METRO köti össze őket a Kolontár megsegítésére szervezett összefogásban
Date: 2010-10-29 00:09:22
Sorry, this entry is only available in HU....
Read more
KSH: unemployment data proved to be better than expected
Date: 2010-10-28 21:51:26
Unemployment data published by the Central Statistical Office (KSH): Hungary's average employment rate for July-September fell to 10.9%, while the number of employed rose to 3,823,000, KSH said in the...
Read more
The GVH fined 16 grain processor for 2.3 billion HUF
Date: 2010-10-28 21:21:51
Because of their participation in cartel, causing losses to Hungarian consumers, the Competition Authority (GVH) fined 16 grain processor for 2.3 billion HUF – announced the Competition Authority on Thursday....
Read more
Improved economic sentiment in the euro area
Date: 2010-10-28 16:47:26
The European Commission's overall economic sentiment indicator (ESI) is rising for the fifth month in October, increasing from 103.2 points to 104.1 points, compared to the previous month. The positive...
Read more
The sugar demand of China and India will cause sugar price increases
Date: 2010-10-28 16:44:06
Acccording to the British Czarnikow institution; The demand for sugar will sharply rise in the next twenty years, but the production is unable to follow the demand. Mainly due to...
Read more
Tesco may be fined for millions of forints
Date: 2010-10-28 14:40:42
The exact amount of the penalty will be disclosed later. The National Labour Inspectorate (OMMF) found irregularities in several areas of the Tesco Stores Ltd., and thereby “several million forints...
Read more
Two new Starbucks will open this year in Budapest
Date: 2010-10-28 14:22:28
According to the informations of Pénzcentrum.hu two new Starbucks will be opened in Budapest, this year. The first will begin operation in November, in downtown Pest. The café is situated...
Read more
Cerbona at the edge of bankruptcy
Date: 2010-10-28 14:18:13
The Székesfehérvár-based Cerbona Co. will held a general meeting on the 10th of November. According to the management; several of its financing banks of the company's terminated the contracts. This...
Read more
Praktiker: declining turnover, improving results
Date: 2010-10-28 12:30:27
According to the quarterly flash report of the Praktiker Bau- und Heimwerkermärkte Holding AG; Praktiker has increased its results, despite declining turnover. The company could increase its revenue on the...
Read more
Online trade: Teszvesz and Vatera about to merge
Date: 2010-10-28 10:46:59
TeszVesz.hu and Vatera.hu, the two major Hungarian online auction portals are about to merge on 1st November this year. The two portals will switch to the name Allegroup.hu Kft, but...
Read more
The Winegrower of the Year will be selected soon
Date: 2010-10-28 09:55:16
The Winegrower of the Year will be selected within the compass of the sp-called Borest (Wine-evening) at the Wine Academy on 3rd December this year. This competition is the most...
Read more
HUngarian wine-success at Dutch competition Proefschrift Wijnconcours
Date: 2010-10-28 05:31:56
Merengő 2008 from Eger's St Andrea winery won the platinum award at the Amsterdam Proefschrift Wijnconcours, the biggest wine competition in the Netherlands, on October 10. This means that this...
Read more
The consumer-friendly logo comes in two years
Date: 2010-10-27 19:35:05
According to the Director-General of the The National Consumer Protection Authority (NFH); the consumer-friendly logo system would be launched in two years. From the first of January next year, the...
Read more
Customers stormed the Corvin: more than 30 thousand visitors on the first day
Date: 2010-10-27 19:34:12
Hundreds were waiting in front of the gates of the Corvin Shopping Center, that is located on the Corvin Promenade. Hungary's newest shopping center, has successfully opened its doors to...
Read more
45 percent of the employers are planning wage increase for next year
Date: 2010-10-27 17:07:05
According to DGS Global Research; For 2011 45 percent of employers are planning an average 4.9 percent payment increase, while last year only 37 percent planned an average slightly larger,...
Read more
Borsodi Brewery Zrt. will become an Ltd.
Date: 2010-10-27 15:09:54
At the end of October, the Borsodi Brewery will unite with its owner and the same time, the company will turn into an Ltd. During the transaction, the Borsodi Brewery...
Read more
Nespresso is successful
Date: 2010-10-27 15:08:53
Nespresso achieved outstanding results worldwide, in the first nine months of 2010. The brand's sales volume increased by an average of 20 percent and this dynamic characterized the major European...
Read more
Europeans do not have confidence in meat
Date: 2010-10-27 15:07:17
According to a recently completed European research; Europeans do not trust in meat. The European Commission launches an investigation to find out what is the cause of the lack of...
Read more
Wine marketing: one billion for the next year
Date: 2010-10-27 15:06:07
The Agricultural Marketing Center will not be included into other professional organizations, still remain under the control of the Ministry of Agriculture, moreover the AMC will take over the tasks...
Read more
Whole Europe suffers from the lack of potatoes
Date: 2010-10-27 11:25:21
Hungary will have to import potatoes this year: Usually Hungary produces 600-700 thousand tons, this year’s harvest will be about 350 thousand tons. Due to the lack of potatoes, the...
Read more
Auchan and Spar are “disability-friendly workplaces”
Date: 2010-10-27 05:50:13
Over the past two decades, increasing attention is paid to people with disabilities. Beside accessibility, the most important tasks are; education and the workplace – stressed Soltész Miklós, State Secretary...
Read more
German criticism on the special tax
Date: 2010-10-26 17:35:00
The Head of Foreign Economic Relations Department of the Association of German Chambers of Industry and Commerce (DIHK) criticized Hungary for the special taxes on energy and telecommunications groups. Acccording...
Read more
Reconstruction works for Reál stores in Békés county
Date: 2010-10-26 17:08:04
Gyula-based Élésker Kereskedelmi és Szolgáltató Ltd. has been a member of Reál Hungária Ltd. since 2005. Its outlets have been prsent in seven cities of Békés county: the 18 stores...
Read more
Henkel to build a factory in Tatabánya
Date: 2010-10-26 15:44:48
Henkel is about to embark on a EUR 14.7 million investment in Hungary, creating jobs for 80 people, the company has announced on Tuesday. IHenkel is talking about a green-field...
Read more
FMCG-items to face a 3-5 percent growth next year
Date: 2010-10-26 15:01:36
Sales volume of FMCG-items is about to reach a growth of over 5 percent in the next year – experts in Visegrád pointed out within the compass of the Retail...
Read more