Company and Personal News
Henkel producing growth in the third quarter
Date: 2008-12-16 08:00:00
As a result of dynamic organic growth and the acquisition of National Starch, total revenues of Henkel were up by 12 percent in the third quarter of 2008, reaching EUR...
Read more
Gas from Tesco
Date: 2008-12-16 08:00:00
A joint sales campaign has been launched by gas.hu and Tesco-Global Áruházak Zrt. During the campaign ending on 28. February 2009, gas contracts can be signed with preferential conditions at...
Read more
Experience as a gift
Date: 2008-12-16 08:00:00
Feldobox gift vouchers can become a practical gift idea for Christmas. These are available from HUF 4,950 Ft, the tax free limit. People receiving Fantázia, Harmónia, or Energia gifts can...
Read more
Moderate increase in sales and average price
Date: 2008-12-16 08:00:00
Sales of women’s hygiene products are increasingly concentrated in drugstores (25 percent), but the market share of hyper markets is even more substantial (32 percent). Sales of women’s hygiene products...
Read more
Latvia in the top
Date: 2008-12-16 08:00:00
Consumer prices were up by 4.2 percent on average in the EU-27 countries in September 2008, compared to 2007. Inflation was lowest in the Netherlands, at 2.8 percent and highest...
Read more
Dialogue between parties concerned
Date: 2008-12-16 08:00:00
Coca-Cola Magyarország has initiated a dialogue based on international standards in the topic of „Conscencious nutrition, active lifestyle and health – the responsibility of choice”. The objective of the forum...
Read more
Bonduelle producing growth
Date: 2008-12-16 08:00:00
In spite of the unfavourable economic environment, the Bonduelle Group has boosted revenues by 19 percent this fiscal year. With revenues amounting to HUF 1,490 million, operating profit has increased...
Read more
Intimate relationship with customers
Date: 2008-12-16 08:00:00
Consumers habits are changing continuously in the market of women’s hygiene products, but safety, softness, good absorption and fit remain essential requirements. Innovation focuses on air permeable materials, shapes and...
Read more
Low prices and cleanness self-evident in the UK
Date: 2008-12-16 08:00:00
According to Jonathan Banks, research director of Nielsen UK, low prices have become a precondition of competitiveness in the UK. Tesco ranks third globally among food retail enterprises and is...
Read more
New CEO for SáGa
Date: 2008-12-16 08:00:00
Henk Slagt was appointed the new CEO of SáGa Foods Élelmiszeripari Zrt. in November. In the past, he had worked for Sara Lee for ten years, including five spent as...
Read more
Silver EFFIE for Invitel
Date: 2008-12-16 08:00:00
Invitel has received a silver EFFIE award for its autumn ADSL campaign designed and implemented by Neo Interactive. A total of 30 awards were handed over at the EFFIE ceremony...
Read more
Sales of women’s hygiene products up
Date: 2008-12-16 08:00:00
Sales of women’s hygiene products were up both in terms of value and quantity in the first half of 2008. According to data from the ConsumerScan of GfK Hungária, sales...
Read more
Incredible nights by the river Moscow
Date: 2008-12-16 08:00:00
Moscow ranks number one on the top list of cities regarding luxury. A two room apartment in a pre-fabricated concrete apartment block costs HUF 50 million and we pay HUF...
Read more
Decreasing prices in agriculture
Date: 2008-12-16 00:00:00
In October 2008 the producer price level of agricultural products was 16.5% lower than in the corresponding period of the previous year – said the Hungarian Statistic Office. More specifically,...
Read more
Electrolux cut jobs
Date: 2008-12-16 00:00:00
The company will fire 5% of the total employees, till now there is no information about from which region. Electrolux, the world's second-biggest home appliances maker, warned its 2008 results...
Read more
Demand for households papers and desodors grow
Date: 2008-12-15 00:00:00
According to Nielsen research the common sold household chemicals are the fabric softeners, the toilet papers, dushgels and pocket tissues. The value of the TOP 10 households chemicals is over...
Read more
The production of manufacturing fell by 8.6% in October
Date: 2008-12-15 00:00:00
According to Hungarian Central Statistic Office In October 2008, industrial gross output decreased by 7.2% compared to October 2007, the index adjusted for working days was equal to the non-adjusted...
Read more
German firms plan wage hike in Hungary
Date: 2008-12-15 00:00:00
According to a research, commissioned by the German-Hungarian Chamber of Industry and Commerce, German firms operating in Hungary plan an average 6.2% wage hike next year. The headline wages at...
Read more
INTERMARCHÉ accelerates contactless payment
Date: 2008-12-15 00:00:00
Intermarché and Ecomarché stores will use contactless payment technology in France in early 2009. One third of its tills currently use the system. For payments under EUR20 users will only...
Read more
Collective bargaining ended
Date: 2008-12-15 00:00:00
Employers and unions agreed at a Friday meeting of the OET to a general wage increase of 3-5% in 2009 and to establish Hungary’s monthly minimum wage at HUF 71,500...
Read more
Pápai Hús in local hands
Date: 2008-12-15 00:00:00
The government assumed state guarantee on 80% of the loans the buyer would take out from the Hungarian Development Bank (MFB). The buyer was a project company that was brought...
Read more
New CEO at SáGa
Date: 2008-12-15 00:00:00
The Holland-born Henk Slagt leads since November the SáGa Foods company. For the 48 years old specialist Hungary is well known, further he worked 5 years at Sara Lee Hungary...
Read more
VION changed to automated packaging
Date: 2008-12-12 00:00:00
With high output volumes reaching 4,200 units per week, Vion Food Germany recently decided to adopt automated pakaging for increased quality consistency and cost control. Vion Germany employs almost 7,400...
Read more
Cora would pay for PET bottles
Date: 2008-12-12 00:00:00
From 15th December the retail chain startes a test periode and collect PET drink bottles in its Budakalasz and Torokbalint unit. On press conference the retailer said: first of all...
Read more
This year in the first 11 months price increased by 6.3%
Date: 2008-12-12 00:00:00
According to the Hungarian Statistic Office in November 2008 consumer prices decreased by 0.2% compared to the previous month and rose by 4.2% compared to November 2007. In November 2008...
Read more
Dutch Supermarket Sales Growth forecast only 3% in 2009
Date: 2008-12-12 00:00:00
The supermarket sector reported sales of 28.7 billion euros in 2007, a 4.7 percent rise. The sales in the week leading up to Christmas to go up by 7 percent...
Read more
TESCO cuts prices in half in UK
Date: 2008-12-12 00:00:00
The British retailer, will launch a half price sale on 1,000 products this weekend. The UK’s largest retailer will launch the promotion on 12 December, with Christmas food, drink, toys...
Read more
Origin and brand is important for shopping Hungarians
Date: 2008-12-12 00:00:00
According to the GfK Shopper Insight 2008 reseach half of the shopping Hungarians always or often compare the products with different brands. Almost half of the shoppers hold on to...
Read more