News and articles
German manufacturing industry may increase with a slowing rate next year
Date: 2010-12-27 12:02:44
In Germany, manufacturing industry output may increase by approx. 5 percent, so 70 thousand new jobs would be created in the sector. According to the Association of the German Chambers...
Read more
Tesco expands in the Czech Republic
Date: 2010-12-27 12:01:06
Tesco expands its network in the Czech Republic with the purchasing of 128 smaller supermarkets if the company will receive the approval of the competition authority. The British supermarket chain...
Read more
Fewer grapes grew in Pannonhalma
Date: 2010-12-27 12:00:59
Half of the predicted quantity was harvested in the region of Pannonhalma – said Liptai Zsolt, manager of the abbey’s winery. The new wine quality is good but not outstanding....
Read more
Coca-Cola focusing on a new market for non-carbonated brands
Date: 2010-12-27 11:29:01
With the aim to strengthen its non-carbonated health drinks range, Coca-Cola India rolled out its ready-to-drink iced-tea brand Nestea in the Mumbai market. The newly launched drink will be made...
Read more
Post Christmas rush has already started on Saturday night in London
Date: 2010-12-27 11:21:45
The Post Christmas discount sales have already begun on Saturday in the United Kingdom. Despite the cold weather and the economic crisis, costumers were gathering in front of the stores...
Read more
A 60s sytle retro hypermarket was built
Date: 2010-12-27 11:03:13
Off-site construction specialist and Portakabin subsidiary, Yorkon, has completed one of its most challenging and unusual projects for Tesco – a specially-designed 1960s-style supermarket for this year’s Goodwood Revival, the...
Read more
Outrageous cigarette-advertisement banned
Date: 2010-12-27 06:54:20
Cigirex, the electronic cigarette company, have had their national press advert banned by the Advertising Standards Authority (ASA) after breaching CAP Codes 3.1 (substantiation) and 7.1 (truthfulness). In the advert,...
Read more
Magazine: Future embedded in the present
Date: 2010-12-26 23:59:02
David B. Wood has been the commercial director of Tesco Global Áruházak Zrt. for 3 months. He started his career at Unilever, later worked for Kraft Foods and joined the...
Read more
GKI: The recession is over soon?
Date: 2010-12-26 23:58:12
According to the forecast of GKI Economic Research Co., the Hungarian economy is recovering slowly from the recession. In the world economy the Irish crisis that followed the Greek one...
Read more
Crisis-taxes remain, according to 2011 budget
Date: 2010-12-26 16:29:48
The Hungarian parliament approved the 2011 Budget Act which they referred to as the budget of resurrection. The new budget shows revenue of HUF 13,151 billion and expenditures of HUF...
Read more
Police investigates Aeroviva's bankruptcy
Date: 2010-12-26 16:19:27
Even the police have started a case on suspicion of misuse of documents and other crimes related to the bankruptcy of travel agency Aeroviva, the Budapest Police Headquarters informed MTI....
Read more
Fish-control for food-safety goes on until early January
Date: 2010-12-26 16:12:29
Intense and strict controlling of stores and restaurants offering fish started in early December, and will go on until early January: the fine might even surpass millions of forint in...
Read more
EU-support to keep ewes
Date: 2010-12-26 10:34:52
According to data published by the Agricultural and Rural Development Office (MVH), a total of 5,812 farmers will receive an aid of more than 2.6 billion for keeping of ewe-...
Read more
Magazine: Spaniards like supermarkets
Date: 2010-12-23 23:56:06
With its 45-million population, Spain is on of FMCG retail’s ‘Big Five’. Economic recession hit the country the hardest in the second quarter of 2009. In 2010 food retail in...
Read more
25-30 percent of fish marketed in the last weeks of the year
Date: 2010-12-23 18:55:24
25-30 percent of the annual 30 thousand tons of fish production used to be sold in the last weeks of the year, especially around Christmas in Hungary – said Németh...
Read more
Christmas gift for the producers: the take-over price of milk has been increased
Date: 2010-12-23 14:20:57
The dairy sector is in a better situation than a few months ago. The take-over price of milk increased by 20-25 HUF per liter – said Feldman Zsolt, the Deputy...
Read more
Analysts still expect trade balance surplus
Date: 2010-12-23 14:13:48
According to analysts; the improving European business cycle has an impact on the Hungarian foreign trade. A surplus is expected in the foreign trade balance, however, the rate may slightly...
Read more
Advertising market: online ads may supersede printed ads
Date: 2010-12-23 12:55:53
The online ad revenues may be bigger this year than printed ad’s in the United States – says Bloomberg referring to the projections of eMarketer. The online advertising market, just...
Read more
The respondents are satisfied with Tesco’s self-service cashier
Date: 2010-12-23 12:51:52
Tesco’s self-service cashier is popular – shows origo’s impromptu “poll”. Hunagry’s first self-service cashier can be found in the Tesco, located between Fót the Dunakeszi. On the first weekend, more...
Read more
The Association for Solidarity for society conscious purchase
Date: 2010-12-23 12:06:32
The Christmas period is the period of gifts, donations and charitable activities. The new initative of the Association for Solidarity gives ideas, that how we can help people on the...
Read more
Tesco’s recycling automaton recognizes the PET bottles even if they are squashed
Date: 2010-12-23 12:01:06
Tesco has opened a returning center and a recycling point in the hypermarket of Budaörs at the end of November. The new service is operating with a Hungarian developed automat,...
Read more
Consumer sentiment improved further in the United States
Date: 2010-12-23 11:59:28
Consumer sentiment is exactly in line with the expectations of the analysts in December, in the United States: the monthly sentiment index of the University of Michigan was 74.5 points,...
Read more
Increased monitoring is expected at places selling fish
Date: 2010-12-23 11:56:52
The members of the Agricultural Office (MGSZH) will increase monitoring before the Christmas holidays at places selling fish – said the Ministry of Rural Development (VM). Some dealers do not...
Read more
Magazine: The crisis did not bring the expected purification
Date: 2010-12-22 23:27:32
In the first nine months of 2010 the insolvency index of companies was up 18 percent from the same period last year. Coface Hungary forecasts an insolvency ratio above 6...
Read more
Hungarians make food purchases influenced by commercials
Date: 2010-12-22 16:24:49
Influenced by a product- or brand advertisement, seven out of ten Hungarians have brought some sort of food in the past 12 months, wheras four of them have opted for...
Read more
The first seven Hngya-outlets are open now
Date: 2010-12-22 15:29:38
On 17th December 2010 at 3 pm in BUdapest 9 at Márton Str 18., the first HANGYA outlet opened its gates, and soon six other stores followed. Kincsem Hungária Szövetkezet...
Read more
Nearly 3 percent drop in retail sales until October
Date: 2010-12-22 15:00:28
The volume of retail sales – on the basis of the calendary-adjusted data – remained essentially unchanged in October 2010, so overall the sales of the first ten months showed...
Read more
Tesco is expanding in spite of the special tax
Date: 2010-12-22 14:58:24
The commercial special tax, did not change Tesco’s long-term development strategy – told Per Bank CEO to Figyelő, who considers the burden unfair. This tax is not fair and non-proportional...
Read more
Visa Europe: probably 38 million transactions on the last day before Christmas
Date: 2010-12-22 14:57:38
According to the analysts of Visa Europe; there is a chance that on the 23rd of December shopping turnover may reach a record in Europe – told the company to...
Read more
Tons of contaminated tofu found at an illegal food factory
Date: 2010-12-22 14:05:02
Authorities found an illegal food factory in Vecsés, where tofu and maybe even meat was prepared for several months now, in commercial quantities. Only at the time of the raid,...
Read more