Company and Personal News
Hungarian product from Hungarian shop
Date: 2009-11-06 00:05:22
Leader Alliance for the Renewal of the Countryside, the Coop Hungary Ltd. and the East-Central European Federation for Small and Medium-sized Enterprises signed an agreement with “Hungarian product from Hungarian...
Read more
Even the chocolate declines in the crisis
Date: 2009-11-06 00:03:25
The confectionery industry is also infiltrated by the crisis. According to Bélai Krisztina Secretary of the Hungarian Confectionery Association, the third quarter datas are already indicates a decline in the...
Read more
Weak retail datas from Europe
Date: 2009-11-06 00:03:00
According to Ecostat; Euro zone retail sales fell unexpectedly in September, on a monthly basis. This shows the weak consumer demands, which questions the strength of economic expansion. Within the...
Read more
Improved payment morale
Date: 2009-11-06 00:02:00
According to the most recent report of Dun & Bradstreet ; The economic crisis brought new trends in the payment patterns: in low rates, but the Hungarian payment morale has...
Read more
Cutted off beef heads on the demonstration of dairy producers
Date: 2009-11-06 00:01:25
A dozen cutted off beef heads were taken in front of the Ministry of Agriculture and Rural Development on the Thursday dairy demonstration, where dairy farmers protested against the lowest...
Read more
SPAR free from product family: solution for the gluten-and lactose sensitives
Date: 2009-11-06 00:01:00
Those who suffer from gluten sensitiveness and lactose intolerance Spar’s new product family the Spar free from, offers a solution. The sensitivity to gluten and milk sugar inflict high social...
Read more
Otto acquired the Russian business and brand rights of Quelle
Date: 2009-11-06 00:00:54
The German Otto mail order company took over Quelle’s bankrupted Russian business. The transaction significantly strengthens and provides Otto’s market leading position in Russia. Otto also assured the usage of...
Read more
Better than expected third quarter for Unilever
Date: 2009-11-06 00:00:28
Unilever’s third-quarter net profit decreased by 36 percent to 1.05 billion euros and 36 cents per share on an annual basis, – analysts expected only a 997 million profit –...
Read more
The Romanian turnover of Metro Cash & Carry decreased
Date: 2009-11-06 00:00:12
The turnover of Romania's largest commercial chain, the Metro Cash & Carry dropped significantly in the first nine months of the year. The company realised 1 billion euros less revenue...
Read more
Increased in value, in volume food store sales are stable
Date: 2009-11-05 00:07:01
The value of food retail sales rose by 3 percent, between December 2008 and September 2009, compared to the previous similar period, from the 90 product groups measured by Nielsen...
Read more
The profitability of the beverage industry is falling
Date: 2009-11-05 00:06:12
The VAT and excise duty increase was a severe shock to the domestic distillation industries: The main participants of the market only expects the keeping the turnover on level this...
Read more
The brand value of consumer goods has increased
Date: 2009-11-05 00:04:12
Europe's most valuable brand is the world's largest mobile operator company, the Finnish Nokia, the second is the French luxury manufacturer the LVMH group, while the third is the Belgian...
Read more
The Four Paws attacks again
Date: 2009-11-05 00:02:00
Animal and consumer protectors assessing the Austrian catering operators, because they use “lower-quality Hungarian goose-flesh”, instead of domestic products. Twenty-four percent of the Goose-flesh consumed in Austria is domestic product,...
Read more
Calories tax in favor of the public interest
Date: 2009-11-05 00:01:00
Unhealthy nutrition and obesity are becoming increasingly serious problem in the developed part of the world. It is no coincidence, that in the United States, sugary soft drinks, in Denmark...
Read more
New CEO at Kékkúti Mineral Water
Date: 2009-11-05 00:00:35
From the 1st September 2009, Henrik Gotterbarm is the new CEO of the market leader mineral water bottler, Kékkúti Ásványvíz Zrt. The German professional has been working at Kékkúti Ásványvíz...
Read more
Marks and Spencer starts selling branded foods
Date: 2009-11-05 00:00:12
According to the communication of the clothing chain; Marks and Spencer starts distributing food and household goods in its UK stores in the future, such as Kelloggs cereal, flakes Coca...
Read more
Hungarian companies believe in late upturn
Date: 2009-11-04 00:05:08
According to the most recent survey of Coface Hungary Credit Insurance Company; the earliest date of the economic recovery can be in the second half of 2010. The leaders of...
Read more
Positive changes in the working capital loan program
Date: 2009-11-04 00:04:11
Commercial enterprises may also use the sources of the New Hungary working capital loan program, which is supported by the Hungarian Development Bank Ltd. The program was originally announced for...
Read more
Csányi Sándor bought Herz
Date: 2009-11-04 00:03:21
The Bonafarm Group which is the food industry portfolio of Csányi Sándor OTP Bank leader, bought the equipments of the Herz Salami Factory, after the Bonafarm Group made the best...
Read more
Finally, the producer pays instead of the ”black market”
Date: 2009-11-04 00:01:55
According to Hungarian Chamber of Agriculture; On the stagnating cereal market the ”black traders” are gaining profit. Usually tricking with the VAT, in the name of not existing foreign companies....
Read more
The cheese factory in Kunszentmárton produces again
Date: 2009-11-04 00:01:23
The Hungarotejfeldolgozó Co. and Csabatáj Zrt. would like to appear in the Hungarian and foreign markets with a special product – announced the new owner of the plant at a...
Read more
Nearly ten thousand dismissal at Johnson & Johnson
Date: 2009-11-04 00:00:15
Nearly ten thousand people could be affected by Johnson & Johnson health-fresh cosmetic company's announcement, that due to cost-cutting programs, 7 percent redundancies are planned. The company aims to improve...
Read more
The public is confident, the optimism of the companies is broken
Date: 2009-11-03 00:01:12
Ecostat’s aggregate business cycle index decreased by 0.5 percentage points to 77.6 percent in October, compared to the previous month. While the public confidence indicator rose strongly, business confidence indicator...
Read more
Indignation about the 1.6 billion support of Datész
Date: 2009-11-03 00:01:00
A number of agricultural and food companies became indignant, that Datész Zrt. achieved state sources. According to the farmers; an EU investigation should be needed, but they will not necessarily...
Read more
Price comparison market is getting more focused
Date: 2009-11-03 00:00:59
No more than three price comparison sites could remain on the Hungarian market in long terms. This Internet service can accelerate the competition in the market. At the beginning of...
Read more
Auchan: the biggest warehouse lease of the year
Date: 2009-11-03 00:00:51
Auchan Magyarország Kft, concluded the largest warehouse transaction of the year, at the end of September. The expansion of the company's logistics area has been occured in the recently completed...
Read more
Gallicoop built their own wastewater treatment
Date: 2009-11-03 00:00:40
The Gallicoop Turkey Processing Zrt. built its own wastewater treatment in Szarvas, due to environmental and economic considerations. The water does not leave the site area and reduces the city’s...
Read more
New Member of the Board at Metro Commercial Ltd.
Date: 2009-11-03 00:00:31
According to Metro’s press release; Dávid Gábor will join to METRO Commercial Ltd, as customer management director, and also a member of the Executive Board from the 1st of November...
Read more
Twilight of the Irish pubs
Date: 2009-11-03 00:00:15
According to a study, 2000 rural pubs could be closed in the next 10-15 years in Ireland, because of the law changes and due to the weakening economy. According to...
Read more
U.S. retail sector may be in trouble
Date: 2009-11-03 00:00:00
U.S. CIT Group could not avoid bankruptcy protection, even after several months of fight. The 101-year old company offers credit mostly to small and medium-sized retail companies. The company stressed...
Read more