Company and Personal News

Danone Ltd. helping children program

The main purpose of the program initiated by Danone Ltd., running under the name „Help Children Together” is to support children living with tumour – the money gathered buy the...

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Avantgard, modern and classic syle in one

Unique, timeless prducts, authentic British elegance, mdern style, interesting solutions: a bathroom-equipment saloon in Hervegprímás street has just opened its gates on 24th June. The idea of the saloon was...

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Preferential tax for benifits in kind

Based on a new agreement by National Interest Reconciliation Council, benifits in kind are not being taxed according to the 32 percent general, but the 25 percent preferenitial tax key....

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The way GKI sees 2009

For Hungary (and for every other emerging country) the period of ample liquidity finished that came to en and last year meant that missing domestic savings could be substituted with...

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Hungarian customers get information online before shopping

Hungarian customers do obtain information online before doing the actual shopping in most of the cases – according to a survey conducted by TNS Infratest, ordered by Google. Thousand customers...

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Coop Szolnok allowed to purchase Héliker

The Hungarian Competition Authority (GVH) gave Coop Szolnok the permission to purchase Héliker Commercial Ltd. Coop Szolnok has entered into a contract with Héliker on 5th March 2009 to obtain...

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Danone's 123 million new shares are of great interest

France-based Danone had sold 123.2 million new shares for 24.73 euros each, now 5.5 billion bookings have been counted at the auction in Paris. The company had raised 3.05 billion...

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GfK Hungária is a Business Superbrand yet again, for the second time

GfK Hungária has become a Business Superbrand yet again in 2009: the market research company has been selected to be among the best brands of the business sector (B2B) for...

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Pasta-factory in Verpelét for French and Italian export

French-owned ASIAFOOD Ltd. is planning to open a factory in order to produce frozen pasta in Heves county, in the village of Verpelét – as announced by MTI. According to...

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Wage boost at Kométa

More than 500 employers are affected by the wage boost taking place from July at Kométa Ltd. The wage boost is of 3-4 percent, depending on the basic wage and...

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The winners of Rauch Hungária's prize game go to Croatia

Rauch Hungária Ltd. has launched two great customer promotions and now – in co-operation with a number of retails – organizes a prize-game, offering interesting, exciting gifts. The Rauch IceT...

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VAT-war goes on: OKSZ denies its responsibility

OKSZ (National Commercial Association) denies the assumption that they abuse producers' market strength when it comes to the VAT-rise. Hungarian food producers have made their complaints at the Commercial Competition...

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Drink makers afraid of VAT-changes

While certain areas of the Hungarian alcoholic beverages market will hardly be affected by tax changes, other segments may suffer greatly. Csaba Horváth, secretary general of Hegyközségek Nemzeti Tanácsa said...

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Cadybury's success: chocolate getting more popular in Britain

Britain's major chocolate producer Cadbury is very likely to fulfill its business plans for the year as Brits are buying more and more chocolate, while US traffic is about to...

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Ocado launches automatic re-order software

Online grocery delivery firm Ocado is currently in the process of developing software that can predict when a household needs to re-order a particular product and will add it to...

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Tesco with a debt of net 10 billion pounds

Tesco Plc’s decade of international expansion has pushed debt ratios at the U.K.’s largest retailer to record levels, endangering the company’s credit rating and sparking a backlash from fund managers...

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Carrefour entering Russian market

Carrefour has established its first outlet in Russia. The company opened a hypermarket in a shopping centre in the capital Moscow. The grocery retailer has leased 14,300 square metres of...

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Sensation – departing client contact director

László Farkas, former client contact director of Sensation Event Marketing is leaving his poisition starting from 19th June and starting his new position as the manager of Claybird Group. Fazekas...

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La Festa prize game is over

La Festa cunsomers' prize game came to an end and the big Voga Hunt is over too, in which La Festa took part as a collaborative partner. Within the Compass...

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Retails aiming to increase less than expected

Retail companies are not planning to add the 5 percent VAT-rate increase to all their prices, to be introduced on 1st July – companies interviewed by MTI pointed out. The...

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Bus-tourism may see a 15 percent increase this year

Bus-tourism is more popular than ever all over Europe, and this tendency is already visible in the Hungarian foreign trade trends as well – an article by Világgazdaság states. A...

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New Tesco-hipermarket in Hajdúszoboszló

The newest member of the Tesco retail-chain has opened on 19th June. The new, 5 thousand square metre building is open ever day of the week. The new store in...

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Sió Prémium brand communicated by Creative Partners

Sió-Eckes Ltd, producer of Sió fruitjuices, has launched a creative tender to communicate the brand Sió Prémium. The winner of the tender is Creative Partners agency. The brand Sió Prémium...

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Smurf-success by Spar

The SPAR point-collecting game and the smurf-figures have been rather successful in the past few months, they are now even available for auction on various community portals. This shows that...

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European farmers expecting EU to stabilize dairy market

European Union leaders called on the European Commission to study how to stabilise the dairy market, and put a halt to falling prices of import dairy products in Europe. Austria,...

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Wal-Mart opens high-efficiency store in California

Wal-Mart has opened a new store in Sacramento, California which is said to be one of their most energy efficient stores in the U.S. With the opening of this new...

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Five buyers interested in Borsodi Brewery

There's a great interest towards ABInBev brewing industry group's Eastern European breweries offered for sale, including Borsodi Brewery. ABInBev wants to sell eleven breweries in Bulgaria, in the Czech Republic,...

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Shrinking expo markets, but it is better than expected

The economic crisis affected the exhibitions and the events as well. Less exhibitors, renting less exhibition spaces on fairs and on exhibitions. Downturn was 10 percent so far, however, the...

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Turnover increased by six percent at Auchan

Both Auchan Hungary Hypermarket chain and its French parent company increased its turnover in 2008. The company's own branded products can be purchased from autumn on the domestic market. Auchan...

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SPAR opens a new supermarket in Mosonmagyaróvár

SPAR Hungary Ltd. opens a new supermarket 18 June in Mosonmagyaróvár at AD Flexum department store. Meanwhile the company continues to expand its own branded products. The SPAR supermarket is...

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