News and articles
The outdoor advertising market lost several billions
Date: 2010-01-21 00:03:21
The outdoor advertising market decreased largely last year: Compared to 2008, 5-6 billion HUF less was spent on billboards, citylight posters and building nets by the companies. The turnover of...
Read more
The world's largest beer producer completely stopped
Date: 2010-01-21 00:03:07
As the result of a labor dispute, the world's leading brewery, the Anheuser-Busch InBev SA (AB) was forced to completely stop the production of beer, in its Belgium plants on...
Read more
Increasing producer prices in the U.S.A.
Date: 2010-01-21 00:02:25
The industrial price level in the United States increased slightly by 0.2 percent last December, compared to the previous month. In November, the growth rate was 1.8 percent. Analysts expected...
Read more
Fitch rated Kraft BBB minus
Date: 2010-01-21 00:01:55
The Fitch credit rating, changed the rating of U.S. confectionery group the Kraft Foods ratings from BBB to BBB minus, after the purchasing of Cadbury. Fitch explained that Kraft’s Pro...
Read more
Signature collection for the re-launch of Sciennet
Date: 2010-01-21 00:01:02
Sciennet’s loyalty community want to restart the system, with a pleading signed by the members. After difficult two months of waiting, the time has come to help the work of...
Read more
Margitszigeti Crystal Water disappears
Date: 2010-01-21 00:00:45
The Margitszigeti Crystal Water disappears from the shelves of shops, because Pepsi’s Fővárosi Ásványvíz és Üdítőipari Ltd. will bottle the crystal water from Albertirsa. The company retains the "Kristályvíz brand...
Read more
Milk marketing for 18 million Euros
Date: 2010-01-21 00:00:20
Nearly 18 million euros were approved by the European Commission for the support of 13 programs, that will promote dairy products, in the EU internal market. Only one and Eastern...
Read more
Half a million HUF worth ham in London
Date: 2010-01-21 00:00:10
The World’s most expensive Ibérico ham costs 1800 pounds (547 thousand HUF). The ham can be found in one of the most popular London store, the Selfridges. The more than...
Read more
The EU would regulate trade
Date: 2010-01-20 00:02:59
EU’s Agriculture Ministers concluded that food trade should be foiled from the market regulation and specific actions are need to regulate the big chains. Common proposal has not yet been...
Read more
Kraft Foods has won the struggle for Cadbury
Date: 2010-01-20 00:02:55
Cadbury has adopted by the U.S. confectionery giant for a 18.9 billion USD bid, despite the fact that the company had fought for weeks against Kraft’s hostile manoeuvres. The 186...
Read more
Cannot see the end of the tunnel
Date: 2010-01-20 00:02:01
The economic recovery, previously predicted for the second half of 2010 is uncertain and the situation is very fragile – says Coface Hungary’s Country director. In 2009, the number of...
Read more
A good reception for the ideas of the Romanian agri-commissioner candidate
Date: 2010-01-20 00:01:30
The Romanian agri-commissioner candidate of the EU is committed to continue the common agricultural policy and reform that the European citizens shoul accept the need for supports in order to...
Read more
The net average is 123 thousand HUF
Date: 2010-01-20 00:01:20
At the companies, with at least 5 employees and at the financial institutions, in the first 11 months of 2009, the gross average earnings were 0.5 percent higher, the net...
Read more
SPAR supermarket modernisation continues
Date: 2010-01-20 00:01:01
The SPAR Hungary Ltd. completed the redesign in 2009, on the 174 stores of the Plus network taken over in 2008. The stores opened again as SPAR Supermarkets. The biggest...
Read more
The Bonduelle would acquire France Champignon
Date: 2010-01-20 00:00:33
The Bonduelle Group and Butler Capital Partners announced, that negotiations are taking place, over the purchase of the France Champignon group. As the result of the 1997 fusion of the...
Read more
METRO’s website renewed
Date: 2010-01-20 00:00:30
METRO’s website the http://www.metro.hu was given new look and occurs with new features from the 18th of January. Thanks to the innovations, the appearance of the site, the novelties in...
Read more
Csányi’s company purchased feed manufacturer
Date: 2010-01-20 00:00:22
The Competition Authority (GVH) granted to the CSIM Pte. Ltd belonging into the interest of Csányi Sándor to buy the Tendre Ltd. dealing with animal feed. The CSIM is a...
Read more
Tesco denies, that its Ózd unit sinks
Date: 2010-01-20 00:00:05
The Tesco Store of Ózd will not be closed – states Hackl Mónika, head of communication at Tesco. According to the news spread in Ózd, the mall is constantly sinking,...
Read more
Smaller companies can get source
Date: 2010-01-19 00:04:07
The small business venture capital program may be launched in Hungary first, among the countries of the European Union, with a close to 31.5 billion HUF of EU support, a...
Read more
Ipsos: The advertising newspapers have a significant impact
Date: 2010-01-19 00:03:01
The untargeted advertising newspapers have a significant impact on customers, by motivating the impulsive purchases. Also inform of promotions and new products and give a kind of “hunting experience” –...
Read more
The development of professional store chains can save the bakers
Date: 2010-01-19 00:02:37
Last year, the situation of the bakery companies has not improved, this year their market position may deteriorate further. The bakery companies can escape forward, with the development of professional...
Read more
Cognac sales have been decreasing since 2008
Date: 2010-01-19 00:02:13
Cognac sales declined by 12.4 percent worldwide in 2009 – said the professional organization of the French Cognac Producers. Sales are reducing for the second consecutive year, after the 6.2...
Read more
The Christmas turnover of SMEs decreased
Date: 2010-01-19 00:01:11
According to the online survey of MarketingCommando; The Christmas sales of the small and medium sized enterprises further reduced in 2009, compared to 2008. Fourty-four percent of the surveyed firms...
Read more
Metro has fed up with price war
Date: 2010-01-19 00:00:59
Metro retail chain's leader demands the cessation of increasing price reduction war in food trade. According to Eckhard Cordes; the price war is contrary with the original intention and has...
Read more
NetPiac.hu was annexed
Date: 2010-01-19 00:00:33
According to the agreement between the Bookline.hu and NetPiac Ltd., the NetPiac.hu online store will be absorbed into Bookline.hu’s own web store and will take over the operation from the...
Read more
Diego Bevilacqua joins to the METRO Cash & Carry International team
Date: 2010-01-19 00:00:22
With the appointment of Diego Bevilacqua, the company's international team expands with a new Customer Marketing Leader and the German METRO Cash & Carry will further strengthen its customer orientation....
Read more
Sunflower instead of beer
Date: 2010-01-19 00:00:07
Already this year, a Belgian group can start the production of high oilacid sunflowerm, in the building of the former brewery, in Komárom. It is planned, that every year, 20...
Read more
Grüne Woche Berlin: Hungarians meet with German purveyors
Date: 2010-01-18 00:05:29
One of the world's most prestigious agricultural and food industry exhibition, the Grüne Woche Berlin is in full swing. The Hungarian participants called the attention of more than 400 thousand...
Read more
The consumption of vodka and gin increased last year
Date: 2010-01-18 00:04:21
Spirits turnover at the organized retail was stable with about 70 billion HUF, between December 2008 and November 2009, just as in the same comparable previous period. Compared to the...
Read more
Hungarian competitiveness reduced
Date: 2010-01-18 00:03:25
The competition index (VEX) of GKI-Microsoft slightly decreased in the third quarter of 2009 in Hungary, Romania and Austria. The value of the business environment index (UX) was 20, higher...
Read more