Company and Personal News
We buy pasta more frequently
Date: 2009-10-27 08:00:00
The volume of pasta bought per household increased moderately in January-June 2009, reveals GfK Hungária’s ConsumerScan. Fewer households bought pasta, sales still improved by 2 percent. 80 percent of households...
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Optimistic report on the economic perspectives of the near future
Date: 2009-10-27 08:00:00
Summer data indicate a moderate improvement in the situation of the world economy and Hungary: the most painful part of the crisis is over. However, the extent and length of...
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Thank you, Lord…
Date: 2009-10-27 08:00:00
…for listening to me after all and giving me back my faith in human intellect. Thank you to the trade for this several-hour conversation at the conference in Tapolca about...
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New head of Henkel Magyarország
Date: 2009-10-27 08:00:00
From 1 October, economist Dieter Knoll (46) is the new head of Henkel Magyarország. Ferenc Deák, the company’s former managing director stays with the company in its Düsseldorf headquarters. The...
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Gift packages: old brands and new concepts
Date: 2009-10-27 08:00:00
Most producers agree that in volume sales last year’s level is achievable, producers do not prepare with crisis-packages but with beautiful and eye-pleasing offers. Unilever Magyarország Kft. was the number...
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Payment deadline may become longer
Date: 2009-10-27 08:00:00
In Central and Eastern Europe the number of companies whose credit ratings dropped kept increasing in the past few years – says Zoltán Dercze, managing director of Coface Hungary. 45...
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Farewell to charming national figures
Date: 2009-10-27 08:00:00
Although Parliament passed the new advertising bill last year, certain paragraphs only entered into force this spring, for instance those that regulate tobacco product ads and open-air advertising. Changes in...
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Coupon terminal facilitates cheaper shopping
Date: 2009-10-27 08:00:00
Two coupon terminals were placed in Duna Plaza, in the 13th district. According to Tamás Újvári, managing director of Kuponnet Advertising, by using the terminals shoppers can search for promotions,...
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Only LCD and plasma televisions achieved growth
Date: 2009-10-27 08:00:00
In the first half of the year, the market of consumer electronics contracted by 25 percent in both value and volume, compared to the same period last year – finds...
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Retail turnover on the increase in Belgium.
Date: 2009-10-27 08:00:00
According to an estimate by Eurostat, the volume of retail turnover continued to decline in July 2009: by 0.9 percent in the EU-27 and by 1.8 percent in the eurozone,...
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Stores opening
Date: 2009-10-27 08:00:00
Tesco Express, Budapest (Rákosszentmihály) Open: 31 August Chain: Tesco Store space: 382 m2 SKU: 2500–3000 Tesco szupermarket, Szolnok Open: 4 September Chain: Tesco Express Store space: 1000 m2 SKU: 3–4000...
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PICK targets Japan
Date: 2009-10-27 08:00:00
Hungarian Weeks were organised in Japan for the 7th time. One of its main sponsors has been PICK SZEGED Zrt. for two years now. PICK opened its representation in Tokyo...
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Loan market recovering slowly
Date: 2009-10-27 08:00:00
After the development of previous years, the loan market dramatically declined. Global crisis narrowed down resources, entailing a lending activity contracted to the minimum; at the same time interest rates...
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Wages and salaries are up by two percent
Date: 2009-10-27 08:00:00
At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.4 percent in the first...
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Tetra Pak Danube stands firm
Date: 2009-10-27 08:00:00
Despite the economic recession, Tetra Pak Danube operates steadily in Budaörs. In the first six months, the company realised a sales turnover of EUR 75.7 million. Company CEO Svend Weidemann...
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Where producer brands are strong
Date: 2009-10-27 08:00:00
In the 60 household chemicals and cosmetics categories measured by Nielsen, private labels represented 17 percent of retail turnover, in terms of value in the first six months of 2008....
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Erste Bank
Date: 2009-10-27 08:00:00
Market changes in the past few years influenced customer demand. Firms often postpone their investments and revise their spendings. This trend entails the optimisation of financial services used and a...
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Decrease, but improvement as well
Date: 2009-10-27 08:00:00
In January-July 2009, the volume of foreign trade was 18 percent lower in export and 25 percent lower in import than one year earlier. KSH’s report also states that our...
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’Wake your body up’ awarded
Date: 2009-10-27 08:00:00
Coca-Cola Hungary won an international innovation prize for its Test-ébresztő programme in the health preserving initiative category (there were 350 entries from 40 countries). The programme has been going on...
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Ownership concentration at Reál
Date: 2009-10-27 08:00:00
Ownership concentration deepens at Reál Hungária Élelmiszer Kft.: Alaszka Kft. from Debrecen bought a 100 percent share in Élésker Kft. of Gyula. Élésker has 21 stores in 7 towns of...
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The factoring market
Date: 2009-10-27 08:00:00
According to data by the Hungarian Factoring Association, factoring services only made up for 2.5 percent of the GDP in 2008, while the same ratio in the EU is almost...
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Fewer guests spent fewer nights
Date: 2009-10-27 08:00:00
On the commercial accommodation services market, the decline that started early 2009 continues, the trend does not seem to turn yet. In January-August 2009, 2,173 thousand foreign guests spent 6,350...
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Gyermelyi wins the Coop Rally
Date: 2009-10-27 08:00:00
The Gyermelyi team won this year’s ”Coop Rally for quality food products from Hungary”, ahead of Sara Lee Hungary and the Coop Star/Tisza-Coop team. This year a record number of...
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New advertising code of ethics entered into force
Date: 2009-10-27 08:00:00
The new Hungarian Advertising Code of Ethics was signed by 26 professional organisations and entered into force on 30 September 2009. It is based on the Code of Ethics of...
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Erste Faktor improves its market position
Date: 2009-10-27 08:00:00
Although in the first quarter the factoring market contracted, Erste Faktor Zrt. managed to expand significantly (by 40 percent in the second quarter; in the same period the market contracted...
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The brake still holds back the industry
Date: 2009-10-27 08:00:00
In July 2009, industrial production fell by 19.4 percent, compared to the same period a year earlier. KSH’s report states that the volume of production was 22.1 percent lower in...
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Unilever on top of Dow Jones sustainability index
Date: 2009-10-27 08:00:00
In the food category, Unilever has the highest sustainability index with a 81 percent performance. Twenty-two aspects were considered and in environmental protection Unilever achieved 100 percent. The company has...
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New “green” promotion from Tesco
Date: 2009-10-27 08:00:00
Tesco-Global Áruházak Zrt. launched its “Is your school green?” waste-recollecting competition, which lasts from 11 September 2009 until 11 January 2010. Tesco stamps into a stamp book (which can be...
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CIB Faktor provides additional services
Date: 2009-10-27 08:00:00
In the first six months of 2009, factoring turnover at CIB Faktor increased by 16 percent, compared to the same period last year, while the Hungarian factoring market contracted by...
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Purchasing power highest in Csopak
Date: 2009-10-27 08:00:00
Csopak dwellers may spend the most, while purchasing power is lowest in Tiszabő (Jász-Nagykun-Szolnok county), according to a study by GfK Hungária. In the county ranking (including Budapest) Budapest is...
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