News and articles
Beer tax kills pubs
Date: 2012-05-07 10:20:15
Since September, three hundred British pubs had to be closed because of the rising taxes on beer, and this year five thousand jobs will terminated in Great Britain, as the...
Read more
A new era in employment
Date: 2012-05-06 20:09:35
The new Labour Law is to enter into force on 1 July 2012, making significant changes in the relationship between employers and employees. One of the changes is that in...
Read more
Profi: improving the level of retail
Date: 2012-05-06 20:02:06
Profi Magyarország Zrt.’s owner is the Louis Delhaize Group. Profi appeared on the Hungarian market in 1989, establishing a food discount store chain from wholesale warehouses. Some of their units...
Read more
Csemege-Match: quality groceries – comfortably
Date: 2012-05-06 19:59:47
Csemege-Match Kereskedelmi Zrt. is a member of the Louis Delhaize Group. Their Hungarian network consists of 113 stores with a floor space of 300-2,500m² and they have more than 2,000...
Read more
Auchan: Hungarian products is the way to go
Date: 2012-05-06 19:46:58
French retail group Auchan opened its first Hungarian store in 1998 and currently has 12 units and 11 boutique rows, employing 5,600 people. Auchan Hungary’s turnover was HUF 230 billion...
Read more
Lidl: more than 150 stores
Date: 2012-05-06 19:44:41
Lidl operates Europe’s biggest food discount store chain that is present in 27 countries. Lidl entered Hungary in 2004 with 12 stores and a logistics centre. Today they have 152...
Read more
With two new central warehouses Reál plans expansion
Date: 2012-05-06 19:41:31
Reál’s turnover in 2011 was similar to their 2010 performance – the moderate growth was the result of inflation. At the end of the year Reál decided to build two...
Read more
SPAR Hungary celebrated twenty years last year
Date: 2012-05-06 19:38:06
SPAR Hungary expanded further in 2011 and an important element of this expansion was the refurbishment of another 27 former Plus stores. Two new units also opened, one of them...
Read more
CBA: Príma and Cent came to the rescue
Date: 2012-05-06 19:30:50
In 2011 the CBA network’s turnover was HUF 565 billion, surpassing the HUF 555 billion performance of 2010 despite the recession. CBA still has the most units among Hungarian chains,...
Read more
dm-drogerie markt is in top form
Date: 2012-05-06 19:30:29
The first Hungarian dm store opened in Budapest in July 1993. Currently they have 256 units all over Hungary and employ 2,251 people. In the 2010/11 fiscal year dm’s turnover...
Read more
Tesco’s revenue was above 700 billion
Date: 2012-05-06 19:27:10
In the 2011-12 fiscal year Tesco Hungary’s turnover augmented by 6 percent, thanks to innovations and to increasing the number of their services. Tesco Hungary’s gross revenue was HUF 705.2...
Read more
Retail chain ranking 2011: Tesco, CBA and Coop are the top three
Date: 2012-05-06 19:23:36
Although the level of consumer confidence is strikingly low in Hungary (the lowest in the world: in the fourth quarter of 2012 it was 30 points when the global average...
Read more
Trends, whys and answers – part 2
Date: 2012-05-06 19:11:31
If ten years ago the word ‘elite’ was written on a certain product, a significant proportion of people were willing paying to much more for it than for a similar...
Read more
One billion pound revival plan for Tesco
Date: 2012-05-06 18:36:24
Tesco, the world’s third biggest retailers announced that the plan is ready to overhaul its underperforming (trading profit fell 1 percent) UK business. Chief executive Philip Clarke told reporters that...
Read more
To invest – but how?
Date: 2012-05-06 18:19:09
We cannot hope for more investments and economic growth until the legal and fiscal environment becomes more stable. Investment activity also reduced because of lower domestic demand and the lack...
Read more
Can we be hopeful?
Date: 2012-05-06 18:16:51
Here we are in our little country that is the centre of the world for us, but sometimes we forget that it is only us who feel this way. Therefore...
Read more
Retail sales in the EU and in the euro area increased in March
Date: 2012-05-04 13:10:31
A turn took place in the euro area retail trade in March: the volume of turnover increased by 0.3 percent, compared to the previous month, when the decline was 0.2...
Read more
The logistics center of Alföld Pro-Coop was implemented from half-billion HUF
Date: 2012-05-04 13:08:10
The storehouse base of the Alföld Pro-Coop Zrt. is ready with a 462 million HUF investment in Kecskemét. The European Union supported the project with 161.8 million HUF. With the...
Read more
The Gallicoop turkey processor is crisis resistant
Date: 2012-05-04 12:13:29
The determining Hungarian poultry company, the Gallicoop Pulykafeldolgozó Zrt. based in Szarvas closed last year with a 31 billion HUF revenue. That means a 13.6 percent sales increase, compared to...
Read more
A store has opened in Szekszárd ditributing local products
Date: 2012-05-04 12:11:14
A store ditributing local products opened in Szekszárd. The non-profit business, created with EU support offers local branded products to the customers. The shop was implemented by the Eco-Sensus Közhasznú...
Read more
Hey-Ho’s manufacturer requests bankruptcy protection
Date: 2012-05-04 12:05:50
The manufacturer of Hey-Ho fruit juice, the First Hungarian Fruit Processing and Fruit Juice Manufacturing Inc. (Elma) asked for bankruptcy protection. The company has been profitable even in 2010,its turnover...
Read more
Romanian retail sales have increased
Date: 2012-05-04 11:30:56
The Romanian retail sales increased by 4.5 percent in the first quarter of this year, compared to the same period of last year – the country's statistical office announced on...
Read more
The Chinese government promises the greater quality control of food and drugs
Date: 2012-05-04 11:28:38
After the scandals of the past few months – in many cases international companies were involved – the Chinese government promised increased quality control in case of the most important...
Read more
Pepsi pays tribute to Michael Jackson
Date: 2012-05-04 11:27:53
Soon Pepsi cans will appear on the shelves of the stores with the face of the king of pop. Pepsi pays tribute this way to Michael Jackson celebrating the 25th...
Read more
Tesco has agreed with the trade unions on the wages of cashiers
Date: 2012-05-04 10:40:28
The satisfaction of its employees is important for the supermarket chain, and therefore Tesco will pay the same amount of rate collated with the trade unions. Tesco has agreed with...
Read more
Emerging e-commerce and m-commerce
Date: 2012-05-04 10:39:36
In the USA 6.6 percent of retail sales are realised online and according to researchers this ratio will go up to 20 percent in the next 10 years. eMarketer claims...
Read more
Growing unemployment in Europe
Date: 2012-05-04 08:08:13
The number of unemployed broke a negative record in the euro area. In the 17 member countries, the number of registered unemployed was 17.36 million in March – Eurostat announced...
Read more
(HU) Hogyan döntenek a vásárlók? A döntési fa megalkotása és megértése
Date: 2012-05-03 22:32:52
Sorry, this entry is only available in HU....
Read more