Company and Personal News

The Bulgarian subsidiary of Dunapack expanding despite the crisis

The Bulgarian subsidiary of the leading Hungarian paper packaging manufacturer the Dunapack, performing well despite the crisis. This year, expecting an about 2 million leva result, after last year's 608...

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So far, only one company got food bank guarantee

The Hungarian Development Bank approved only one application in the course of the program, that was made to help out viable food companies, that are only in trouble because of...

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The retail purchasing power is higher in the western region

According to the survey of GfK Hungária Market Research Institute; in the general and retail purchasing power ranking, Budapest is in the first place and Tiszabő of Jász-Nagykun-Szolnok County is...

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Hungarians have huge account debts, but showing a decreasing tendency

According to the data of the domestic financial supervision, the Hungarian households bank overdrafts decreased, compared to the end of 2008, exceeding 325 billion HUF, in July this year. The...

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Product fee can be terminated from 2010

According to the plans of the Ministry of Environment, the shops wouldn’t be burdened by the product fee, imposed on packagings and environmental fee should also be paid, after the...

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Gráf does not wait for the EU

The Hungarian agriculture government fed up with the inefficiency of the EU and brings forward the payment of the dairy farmers and even provide further assistance. This, can meant 22-24...

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Auchan: Internet innovation on the website

After one and a half years of successful operation, Auchan Hungary Ltd.’s company website, the www.auchan.hu got new form and content. The new website would desire to keep up with...

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The EU would tighten the rules on invoicing

The European Union plans the tightening of the rule system of invoices, that would be mandatory to all member states. The changes would standardize the rules of 27 EU Member...

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Kraft Foods prepares for hostile step

Kraft Foods is preparing to make a hostile takeover bid for British Cadbury confectionery manufacturer. According to City sources, the world's second largest food giant, the Kraft Foods offer would...

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Hungarians do not visit Slovakia

There is a lack of Hungarian tourists in the Slovak hotels. According to the datas of the Slovakian Statistical Office; the number of Hungarian tourists decreased by almost 40 percent,...

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China launches anti-dumping process due to the U.S. chicken imports

China initiate proceedings against anti-dumping and not allowed subsidies in the case of U.S. imported chicken meat – announced Chinese Ministry of Commerce. The United States is China's largest chicken...

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Triple beer taxes in Russia

Next year, tax on beer will be the threefold of the current level. Consumption tax will increase to 9 rubles per liter (about 55 HUF) in Russia – announced Alexei...

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Energy drink consumption increased spectacularly in Hungary

According to Nielsen market research company; retail sales of energy drink increased by 24 percent, between the 2008 September and 2009 August period, exceeding 11 billion HUF. Because of the...

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Ministry of Finance would correct the spoilt of the cafeteria-regulation

The government has to correct its tax proposal, voted summer 2009. Under the current rules not 25, but 58 percent would afflict the fringe benefits. In the case of the...

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The companies of the region do not expect recovery

Deloitte prepared its first regional economic sentiment survey. In the summer 190 heads of large companies were asked about the prospects of the next 6-12 months. Hungary, Romania, Poland, Croatia,...

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Salient optimism at the Germans

According to the GfK market research institute on the basis of the October survey, the GfK consumer confidence index produced the highest value of the last 16 months in Germany....

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Unilever would buy Sara Lee’s cosmetics business

The 1.275 billion euros transaction is waiting for the approval of the European trade unions and the authorities. Unilever can not be disclosed the concrete steps of the merger, until...

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This year’s grape harvest worth a little

Midway through the harvest, it can be seen, that the yield will be less than the expected 3.5 million hektoliters, because of the hot summer. But despite the fewer amount...

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The most ethical supermarkets

According to the criterias of the Association of Conscious Consumers, most ethical brands among the food chains are Reál and G'Roby, although these companies has only an average ethical and...

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Revenue increase is expected from Tesco in the second quarter

Nomura’s analyst expects a 9 percent growth, from the quarterly report of Tesco, thus the recommendation to purchase shares of Tesco has confirmed. According to the analyst; Tesco's revenues will...

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Nespresso expands in Saturn Mammut

The Nespresso continues its expansion started in June 2008, in the commercial units. It will open its first special outlet in Eastern Europe, with about a 20 square meters base...

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The Wandering Magyar

The food basket known by the name of Hungaricum is one of the most straightforward advertising messages: sausage, onion and a pitcher accompany Hungarian flavours. However, in an age of...

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The scent of home

The right background music and scent in the Quattro Mobili store on Szent István Boulevard is the result of the contract the store signed with Mood Media. Quattro Mobili opted...

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Beautiful and hardworking

Toyota believes that a workplace can be comfortable, what is more, it should be comfortable. Image does matter in business, therefore Dyna is not only practical but good-looking and stylish...

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Hungarians economise differently than the rest of the world

While in the United States and Europe consumers try hard to save money by looking for cheaper products, Hungarians buy less of the same daily consumer goods, according to a...

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Going forward, even during a recession

Present Store based its strategy on constant development and expansion, therefore they managed to grow despite the economic crisis and a stagnating business and promotional gift market. According to Ferenc...

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Successful promotion by 60-year old Tchibo

Gyöngyi Kovács from Csokonyavisonta was the happy winner of a Volkswagen Golf 6, the main prize of the competition celebrating Tchibo’s 60th birthday. Andrzej Jackiewicz, Tchibo Budapest Kft.’s managing director...

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Öko-Kord has a global partner

Öko-Kord Országos Nonprofit Kft. signed an exclusive partnership contract with the German affiliate of world leading French environmental services company Veolia....

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Thriftiness fuelling activities

Cheese is one of the categories where thriftiness has driven consumers to turn to cheaper products and distribution channels, resulting in growth for discounts and private labels. Average prices were...

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Retail volume sales decrease all over Europe

According to an estimate by Eurostat, in June 2009 retail sales continued to shrink in terms of volume: in the EU-27 by 1.7 percent, in the Euro zone by 2.4...

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