Company and Personal News

The crisis in the European manufacturing industry is softening

Eurozone's manufacturing purchasing managers index in rose from April's 36.8 points to 40.7 points in May, slightly above the preliminary estimates. Increasing is indicated by the value over 50 points,...

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Descending beer consumption in the last two years

The economic crisis has reached the Hungarian brewing industry, the total sales of the brewers decresed by 7 percent compared to the results of previous year. According to the informations...

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The number of late loan repayers has been significantly increased

At the end of March 24 thousand companies had their credibility in late, compared to the same period of last year's , 18 thousand – reports MTI. The rate of...

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Marketing against the crisis

Not only the big but also the small and medium-sized companies are also interested in building out and developing its own customer database. The widely used marketing tools can extend...

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Danone shares can be subscribed

Danone would utilize the 3.05 billion euros which would came from a preferential share issue on debt repayment and the purchasing of smaller rival firms – reports Világgazdaság Online. Danone...

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Thee decline in the Hungarian food retail market has been stopped

According to Nielsen market research company's analysis of twenty European countries, the Hungarian food retail sales volume of goods remained stable in the first quarter of the year compared to...

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Growth and real optimism at McDonald's

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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Pawing Man, Crying Man and the rest

The digital campaign conducted by Heineken to promote responsible alcohol consumption under the title “Know the signs” in 2008 was a success. Five archeotypes representing the most typical forms of...

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Regional differences in growth

Rates of growth for sales of leading food categories in the April 2008-March 2009 period. Notes: 1. Sales of the 90 categories monitored by Nielsen showed average growth of 6...

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(HU) Több fűszerkeveréket vásárolnak

Sorry, this entry is only available in HU....

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Let’s start again!

As a drastic reduction has occurred in sources of financing available for companies since last autumn, a number of financing products subsidies by the government have been introduced to bring...

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Ideal co-operation between manufactures and agencies V. – You don’t have to believe everything (part 2.)

This time, we are going to discuss certain aspects of merchandising activities in some detail, like equipment, supervision, remuneration. As we cannot expect merchandisers to send us an SMS at...

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Awards for last year’s best promotions

So far, no answer existed to the question of what was or what is going to be the best promotional campaign of the year in the FMCG sector. This is...

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BAT Hungary turning green

The efforts made by British American Tobacco Hungary in this year’s Green Office Competition were recognised by the “best work environment” title awarded by KÖVET Egyesület. The objective of this...

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Hungarian salami under the protection of Brussels

Budapest winter salami marketed under the Herz brand name in Hungary was granted protection by the competent EU commission in April. This decision has already generated new sales for the...

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Concentration decreasing in sales of ice tea

Retail sales of ice tea were up by 3 percent in the April 2008-March 2009 period, exceeding HUF 14 billion, while sales in terms of quantity were down by 4...

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