Company and Personal News
Visonka shares listed to get capital independently of banks
Date: 2011-06-23 12:33:49
KEG, namely Central European Gas Terminal listed its feed unit Visonka on the Budapest Stock Exchange to get capital for developments independently of banks, KEG CEO Richard Pimper said at...
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SPAR vitamin-bag competition came to end
Date: 2011-06-23 10:52:24
SPAR Hungary's special game which aimed to inspire customers to create unique and special vitamin-bags for SPAR has come to end now. The result is 23 080 creative plans, 3...
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New technology in Henkel's factory in Körösladány
Date: 2011-06-23 10:07:34
In Henkel's Kőrösladány-based outlet, a new division has opened its gates this week, within the compass of a portfolio-change process. The investment is worth 750 million HUF. Henkel's factory in...
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Hungarian customers are easily influenced by media
Date: 2011-06-22 17:32:27
Hungarian customers are more likely to be influenced by advertisements and commercials than most other nations in Europe. Nielsen market research company carried out the survey in 55 countries. The...
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The BDO suggests the development of a progressive tax product schedule in connection to the chips-tax.
Date: 2011-06-22 14:00:11
The new tax, paradoxically, can have a negative effect on the budget, because if the price increase may result in a 10 percent decline in the consumption inside the product...
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Hungary's per capita GDP can be found in the EU's lower house
Date: 2011-06-22 13:40:00
In Hungary, the gross domestic product (GDP) calculated on the purchasing power parity per capita is the 64 percent of the EU average. With this result, Hungary is situated among...
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Tesco seeks to reach double profits in our region
Date: 2011-06-22 13:20:29
Tesco wants to increase its current profit rate to double in the Central and Eastern European region. The company announced its plans on Wednesday. After the French Carrefour and U.S....
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European-level shopping center was established in the Mars Square of Szeged
Date: 2011-06-22 12:35:18
All the tables and stores were rented in the market in the Mars Square of Szeged. In the center of the city a European-level shopping center was established which meets...
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New Auchan stores cannot be opened in Hungary before 2012
Date: 2011-06-22 12:30:16
Auchan prepares for the opening of four rural units and one in the capital. As the recently appointed director of Auchan Hungary, Dominique Ducoux said, they are discussing on specific...
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Russia is distrustful against the meat and dairy products of 300 German companies
Date: 2011-06-22 12:30:01
Russia may ban the imports of about 300 German meat and dairy companies, because of the diarrhea epidemic – the spokesman of Consumer Affairs said on Tuesday, that they do...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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