News and articles
Danone shares can be subscribed
Date: 2009-06-02 00:01:00
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
Date: 2009-05-29 00:39:25
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
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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Fragrance marketing entering Hungary
Date: 2009-05-27 08:00:00
Mood Media has begun to offer fragrance marketing services in Hungary as well, in co-operation with their European partner Ambius. The injection of fragrance particles into the air is controlled...
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Consumer preference for grilling stable
Date: 2009-05-27 08:00:00
The grilling season when the largest part of special sausages and spices are sold is near. Consumer enthusiasm for grilling remains stable with sales totalling 900 tonnes in the March...
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Great opportunities in the market of refrigerated goods
Date: 2009-05-27 08:00:00
The logistic market of refrigerated goods is in turmoil. Both local and international enterprises see market gaps waiting to be filled. According to Szabolcs Czifrik from Liegl & Dachser Kft.,...
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No boom foreseen by Atradius for next year
Date: 2009-05-27 08:00:00
Forecasts predicting a boom for 2010 are not considered to be reliable by Atradius. The credit insurance company expects recession to continue in 2010 as well. According to their country...
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Who is going to have the biggest slice?
Date: 2009-05-27 08:00:00
Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...
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Bonduelle for children
Date: 2009-05-27 08:00:00
Healthy nutrition for children is one of the key strategic objectives for Bonduelle pursued in co-operation with the Think Healthily! Program which is active in kindergartens. Bonduelle also provides training...
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Prices are not the weapons used in the fight for consumers in the grill market
Date: 2009-05-27 08:00:00
Apart from the general decline in consumption and the colder summer, the expanding selection of marinades and grill brines pose a further threat to the market of grill products. On...
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Chance or risk?
Date: 2009-05-27 08:00:00
On 12. May, a conference was held by manufacturers of dairy products under the title “Chance or risk?” to discuss possible answers to the problems presented by the economic crisis....
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Change in VAT to have little effect on inflation
Date: 2009-05-27 08:00:00
According to a study by KOPINT-TÁRKI Konjunktúra Kutató Zrt. and Agrár Európa Tanácsadó Kft., food inflation is expected to be significantly lower in 2009 than a year ago owing to...
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(HU) Flora
Date: 2009-05-27 08:00:00
„Love your heart throughout your life because this is what drives you” – we want to encourage and inspire consumers to pay attention to cardiac health and also to adopt...
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Five candles
Date: 2009-05-27 08:00:00
Following the disappearance of borders five years ago, the flood of imported food came as a shock to the local food industry. Today, imported products account for nearly 30 percent...
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Record revenues for Ringier-group
Date: 2009-05-27 08:00:00
The Ringier group produced 5.3 percent growth in 2008, with revenues totalling CHF 1,536 million. Digital media accounting for 8.5 percent of total revenues achieved especially dynamic growth. Ringier Magyarország...
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