News and articles
Growth and real optimism at McDonald's
Date: 2009-05-29 00:34:45
McDonald's has maintained its leading position. Seventy-nine million guests, 12 percent growth, a $ 38.7 billion HUF in turnover and 1.54 billion operating profit were last year’s results. The company...
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The Hungarian economy has been increased in May
Date: 2009-05-29 00:32:28
According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...
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Deák Ferenc elected again
Date: 2009-05-29 00:29:00
Deák Ferenc who is the Managing Director of Henkel Hungary has been elected as the President of the Hungarian Brand Alliance for a further two years, on the General Meeting...
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Mars Hungary – less chocolate, more pet food this year
Date: 2009-05-29 00:28:58
Mars Hungary plans a turnover of 50 billion HUF for the 2009 financial year, stated, Ács Tamás the Executive Director of Mars Hungary on a press conference held in Budapest...
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No need to re-authorize the cash registers
Date: 2009-05-29 00:20:11
The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...
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Dry weather is bad for agriculture
Date: 2009-05-29 00:10:31
Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...
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Chiquita Ltd. abolished
Date: 2009-05-29 00:05:12
The Vác based fruit trader the Chiquita Hungary Trading Ltd. will be wound up. The company majority-owned by Chiquita Banana Company B.V. registered in the Netherlands, imported fruits, especially bananas...
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Lidl plans to enter Romanian market
Date: 2009-05-29 00:00:43
Discount food chain Lidl has advanced plans to enter the Romanian market and is currently scouting out potential store space, according to representatives of the company quoted by local newspaper...
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Consumer confidence in the United States is improving
Date: 2009-05-28 00:34:00
The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...
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Liquidation of Herz Salami has been started
Date: 2009-05-28 00:32:00
The liquidation application against Herz Salami Ltd. became effective. It is begining of the liquidation of the 120 year old domestic company. The company's majority owner Jámbor János said, that...
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Save and invest rather than taking up loans
Date: 2009-05-28 00:25:00
The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...
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Bank guarantee program to help food processors
Date: 2009-05-28 00:21:00
The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...
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One of the big loser of the crisis is the meat industry
Date: 2009-05-28 00:12:00
According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...
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Decreasing prices at Slovakian retailers
Date: 2009-05-28 00:03:00
After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...
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Good news from France: In April private consumption has been increased
Date: 2009-05-28 00:01:00
Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...
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Unbroken activity– BioFach 2009
Date: 2009-05-27 08:00:00
There were 19 Hungarian exhibitors at this year’s BioFach in Nürnberg. Two-thirds of the 2,744 exhibitors came from outside Germany. Practically all bio products produced in Hungary were displayed at...
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Higher tax might blacken the food market
Date: 2009-05-27 08:00:00
The latest government measures are certain to have a rapid and deep effect on the food supply chain. The combination of reduced purchasing power and higher VAT will transform food...
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Adam in the focus, following Eve
Date: 2009-05-27 08:00:00
An increasing number of products intended for men are appearing in the shower gel and body lotion category, previously regarded as rather feminine. The category continues to produce annual growth...
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Price rise in the food industry
Date: 2009-05-27 08:00:00
Domestic industrial prices were down by 0.7 percent in February 2009, compared to January and up by 4.6 percent, compared to March 2008. Industrial export prices were up by 12.2...
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Somat Perfect Gel
Date: 2009-05-27 08:00:00
Multi-functional dish washer liquid with cleaning, rinsing and salt functions in a single product. It also helps to protect glass and makes stainless steel dishes shiny....
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With Kinder to Paris
Date: 2009-05-27 08:00:00
The main prize in the second stage of the “As many prizes, as reasons to unwrap” prize game organised by Ferrero Magyarország to promote Kinder was drawn on 23. March....
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Importance of outsourcing felt by many now
Date: 2009-05-27 08:00:00
There is no need to prove that the logistic sector has been hit very hard by the recession. Logistic enterprises are forced to grant substantial discounts to their clients in...
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Food retail still dropping
Date: 2009-05-27 08:00:00
Retail sales were down by 3.2 percent in February 2009, compared to the same month in 2008 and by 0.5 percent, compared to January. Retail sales totalled HUF 958 billion...
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Rauch IceT Mojito
Date: 2009-05-27 08:00:00
Rauch IceT Mojito is an innovation for the summer by Rauch....
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Mecsek Füszért generating revenues of HUF 16 billion last year
Date: 2009-05-27 08:00:00
Revenues of Mecsek Füszért totalled HUF 16 billion last year, with 240 million spent on investment. The chain is present in 9 counties with 121 Coop stores, 14 C+C stores,...
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New player in the insurance market
Date: 2009-05-27 08:00:00
A new Hungarian insurance company, Wabard Biztosító Zrt. entered the vehicle insurance market upon receiving its license on 27. October 2008. The insurance company is owned by VKH Kft. and...
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Food prices dropping except for seasonal ones
Date: 2009-05-27 08:00:00
Food prices were up by 0.4 percent in April, compared to March. Seasonal prices like potato, fresh vegetables and fruits rose. The same happened to sausages, chocolate and poultry. The...
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