Company and Personal News

The Szegedi paprika received EU protection

The European Commission, put the Szegedi paprika on the”protected area of origin of products” (appellations d'origine protégées, AOP) list – was announced in Brussels on Wednesday. The “szegedi fűszerpaprika-őrlemény” was...

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Two hundred thousand people visited the Corvin during a week

Thanks to the customer services, as well as the family-friendly operating philosophy of the Corvin Shopping Center, more than two hundred thousand people visited the new complex in the last...

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The world's largest brewery did not cause a surprise

Anheuser-Busch Inbev reported about profits as expected, in its third quarter flash report, published this morning. On the level of EBITDA, the Anheuser-Busch Inbev has reached a 3.53 billion USD...

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Hell Energy: large success of a young brand

The Hell Energy Drink – four years after its entry into the market – now available in 18 countries, and acquired a dominant role in many countries with its performance....

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Increasing industrial orders in the U.S.A.

The new industrial orders in the United States, increased by 2.1 percent by 8.8 billion dollars, to 421 billion USD in September. Expectations were about a more modest, 1,3 percent...

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French Weeks organized by Sopexa in Cora hypermarkets

The Hungarian office of Sopexa organizes a special event called French Weeks a local Cora hypermarkets, from 3rd to 14th November 2010. The main goal of the event is to...

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Aufwind Schmack to start test operation of biogas plant in April

The Hungarian-based unit of Germany's Aufwind Neue Energien plans to start test operation of a HUF 3.9 billion biogas plant it is building in Szarvas in April, Aufwind Schmack announced....

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McDonald's Happy Meal is banned!

San Francisco became the first major city in the USA to ban restaurants from giving out toys with meals that have more than a set amount of calories, fat and...

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The OTP may acquire share in the largest Croatian food company

Podravka announced, that the company will not purchase the 10.65 percent of shares of the company, so OTP can gain share in Croatia's largest food producer and distributor company. Previously,...

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Nearly 19 million HUF donations gathered in the scope of the Tesco promotions

Tesco costumers collected 19 million HUF with the purchasing of 200 HUF nominal value fundraiser coupons, between the 13th of October and the 1st of November for the victims of...

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All in one

How did Raiffeisen Bank change its former lending policy? We talked to György Dercsényi, the head of the bank’s small enterprise sector. T. M.: – The last 12 months were...

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New loans in the Széchenyi Card Programme

The economic crisis changed the Hungarian financing market; increasing risks forced financial institutions to survey the financial conditions of debtors more thoroughly. Enterprises with a weaker creditworthiness were steered to...

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Expansion during the recession

The factoring market did not escape the crisis either, but despite this negative environment Erste Faktor Zrt. became the most dynamically developing actor on the market. We asked CEO István...

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Innovative products

Erste Bank traditionally pays great attention to developing financial services for the SME sector. We asked Krisztián Vitéz, Erste Bank Hungary Nyrt.’s small enterprise sales director • – Erste Bank...

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Companies are still waiting

According to a survey by Coface Hungary, from the companies asked nearly 40 percent saw their sales revenues decline by more than 10 percent in 2009. Another 10 percent of...

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A complex approach

The last 12 months were characterised by contracting business lending and less active commercial banks. We asked Zoltán Boldis, the product and process development director of Budapest Bank’s corporate sector...

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What you can eat today…

In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...

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On four wheels for Hungarian food production

Coop Rally was organised for the fifth time, and the 84 cars travelled around the central and northern part of Transdanubia from 16 until 18 September, to tell people about...

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Agricultural prices soared during the summer

The production price level of agricultural products augmented by 12.8 percent in July 2010, compared with July 2009. Vegetable products became 20.5 percent more expensive, while livestock and products of...

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Drugstores’ market position became more stable

The annual market of household chemicals and cosmetics exceeds the value of HUF 300 billion. According to Nielsen, these products’ retail sales did not change this January-August, compared with the...

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Decrease in the prices of food products

In August KSH reported a monthly consumer price decrease of 0.6 percent. Compared with August 2009, prices rose by 3.7 percent. In the first eight months prices were 5.2 percent...

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We still consciously pick the place of our shopping

According to a study titled ‘Retail analyses 2010, the first six months’, made by GfK Hungária, in the first quarter of 2010 a positive trend characterised households’ spending on food...

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Ipsos launched a validated online research system

Ipsos Zrt. launched a new online research service, called Validated Online Opinions (VOV in Hungarian). VOV is a research panel recruited from the users of networking website iWiW, which has...

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Fewer tourists visited Lake Balaton than expected

According to data from KSH, in January-July 2010 the signs of economic recovery were not significantly palpable in the tourism sector: fewer domestic guests were registered at commercial accommodation sites....

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We visit shopping centres less frequently

GfK Hungária’s latest (July 2010) survey on shopping centres reveals that the number of those going to shopping malls one or more times per week slightly fell, and the proportion...

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‘It is ending precisely now…’ (Part 6)

This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Let us summarise what...

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Shops are buzzing in France

According to a quick estimate by Eurostat, in July 2010 retail sales improved by 1 percent in the EU-27 and by 1.1 percent in the eurozone, compared with the same...

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By 2020 an expansion of supermarkets and discount stores is expected

GfK Hungária recently examined short-, mid-, and long-term retail trends. Based on the results they prepared several scenarios for 2011-2020. Hypermarkets’ market share is expected to remain 23 percent in...

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Cheese drink is here

Japan surprises the world with something new every week. This time it is cheese drink: tropical orange juice with 51-percent fruit content is flavoured with exotic cheese. The drink tastes...

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Cartridge cleaners

Liquid soap and washing up liquid refills are not novelties these days. Not until somebody comes out with the idea of refill cartridges. Planet People from Canada put a collection...

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