Company and Personal News

Tesco bond for 500 million pounds

The world's third biggest retailer the Tesco will issue 500 million bond – reports Bloomberg News Agency. The bonds are secured by the rent of the reantal areas in the...

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Great demand for own branded products in the U.S. and New Zealand

Recession significantly changed the eating habits of the citizens of New Zealand and U.S.A. More and more people purchase sensible and economical, while fewer and fewer choose to takeaway meals....

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Record number of participants at the Coop Rally

The fourth “Coop-rally for quality Hungarian foods” will start 17th September, from Szeged. Eighty teams will took part on the arcade car racing, The contestants cover the 15 percent of...

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Personnel changes at the Mona Hungary Kft.

The Mona Hungary Kft. strongly welcomes Mr. Kiss János, Senior Key Account Manager, who strengthens the team since July 2009. Kiss János arrived from Auchan, Globus and then from Friesland...

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The agricultural sector is in competition handicap

According to the study of Agricultural Economics Research Institute (AKI); The Hungarian agricultural enterprises – especially the small and medium ones – can get loans with an extra 5-8 percent...

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U.S. Retail is in progress

The U.S. retail sector sales produced the highest increase of the past three and a half years in August. The total retail sales increased by 2.7 percent instead of the...

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Hungarian honey bottle will be given an award

Award will be given to the Hungarian honey bottle on 23rd September on the Awards Ceremony of the 2009 packaging competition. The winner bottle illustrates Hungary, with hexagonal bee cells,...

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Low point of wheat

The price of wheat, has not been so low since April 2007, as it is now. The volume of production was increased by favorable weather conditions in the United States,...

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German economic sentiment is under expectations

The German ZEW economic sentiment index increased to 57.7 points in September from the 56.1 points of August. Sixty points were expected. According to ZEW Institute of Economic Research, the...

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Dieter Knoll will replace Deák Ferenc in the lead of Henkel

Deák Ferenc Managing Director of Henkel Hungary will continue his professional career at the center of Henkel Group in Düsseldorf, from 1st October 2009. Dieter Knoll will replace him,who led...

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More and more people buy online with card

Slowly, but the caution of the Hungarian cardholders shopping online, is getting soluble. According to MasterCard's home study, 8 percent of the respondents regularly use card to purchase on the...

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Auchan always wins on Auchan’s price comparison site

The Pénzcentrum tried Auchan’s recently launched price comparison website. The Internet portal put together three different types of consumer package. Auchan won at each. From the 1st of September a...

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Supermarkets increased market share

According to GfK Hungária Market Research Institute supermarkets have continued to increased their market share, over the past nearly one year. Real winners of the the last one year, were...

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Coffee is more popular than chocolate and mineral water

According to Nielsen market research company’s latest research, retail coffee sales increased 5 percent compared to the same period the previous year, between the August 2008 and July 2009 period....

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Food prices decreased significantly in a month

According to the Central Statistical Office (KSH); the monthly average retail price decreased 0.3 percent in August. Compared to the August 2008, the prices increased by 5 percent. In the...

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Hungary Meat bought the Mangalica meat partly from Pick

The Meat sent to Japan as a model was partly bought from Pick Szeged Zrt, partly bought live animals from Mangal Ilon Ltd. which is the company of Moldován András,...

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Budapest malls handing over ceremonies postponed for next year

According to the analysis of GVA Robertson, only one shopping mall will be handed over this year in Budapest. The furter four, will be handed over next year. The decline...

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CORA – Pricer cooperation in electronic shelf labelling

After a successful pilot, the Pricer Electronic Shelf labels system (ESL) will appear in further CORA hypermarkets. Cora is one of the largest retail chain in the French food market....

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Renewal of the Csillag Store

New developments will revive the downtown. First, the Csillag store will be renewed with, a small Tesco Express on the first floor. This will be the first time that a...

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PICK-communication of false Mangalica meat

According to the communication of Pick Szeged Zrt.; the company achived with long term market construction work, that Pick Szeged continuosly deliver pork to the Japanese market, where reached outstanding...

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American consumers became more optimistic

The consumer sentiment index of the University of Michigan has improved in September. The middle month index jumped to 70.2 points, after the 65.7 points, measured at the end of...

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Green-school action from Tesco

Tesco started a waste returning competition between 11th September 2009 and 11th January 2010 called; “Is your school green?” The campaign is the continuation of the earlier actions, “Who will...

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Frozen vegetables are better

According to a new research; one can save more money and even live healthier, during the winter months, if eating frozen vegetables rather than choose from the frozen import goods....

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New Chief Executive Officer at Tesco Hungary

Per Bank became the new Chief Executive Officer of Tesco-Global Zrt Department stores. The specialist was the managing director of Coop Denmark previously. Tesco operates more than 160 stores in...

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Grape harvest on Tokaj-Hegyalja

The grape harvest on Tokaj-Hegyalja has been started with the harvest of the muscat grape, which is the earliest exposure grape. On the historic wine region, about 35 thousand tonnes...

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Unilever leads Dow Jones’ Sustainability Index this year also

Unilever again earned the first place in the food category of the Dow Jones Sustainability index. The company leads Dow Jones’ Sustainability Index for 11th years now, without a break....

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Toxic antibiotic in the products of alba-Méz Ltd. and Klenácz apiary

Cattle and pigs are often given the type of antibiotic, that was found by a German laboratory in honey sold in Hungarian shops. Bremen based Applica found trimetoprin and sulfodimetoxin...

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The soul of the chocolate

The Belgian chocolate brand the Côte d'Or celebrating its 125th anniversary, saluted with a special exhibition for chocolate, between 11th and 13th September. The interactive exhibition called "The chocolate soul"...

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It will be hard to get support from the Ministry of Agriculture

Next year state support for agriculture will decrease with 47 billion HUF and rural development will get 5 billion HUF less. All sources supplemented with EU aid will be less:...

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Alimentaria 2010

Alimentaria is gaining importance outside Spain. For this reason the event has increased its budget for international promotion by 30 percent. Over 20 percent of the show’s 158,000 visitors come...

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