News and articles

Hypermarket tax may affect the staff badly

Workers may wave good bye to several fringe benefits, due to the introduction of the new tax and their wages will be only increased as it is required – reports...

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New product-family by Gallicoop: handmade turkey-products

Special, new products are launched by GALLICOOP Pulykafeldolgozó Co. in the autumn. Similarly to the Gyros-dishes launched this summer, the latest product-family called Manufaktúra is unique in Hungary, as it...

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The private labels and import milk are the winners

The surge of imports and the expansion of private label products are the two decisive factors in the domestic retail trade of dairy products – reported Világgazdaság on Tuesday, on...

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The COOP will not pass the crisis tax on the consumers

The crisis tax – though not fully – but affects the companies of the COOP group – states the communication of COOP. The group operates in a franchise system, consists...

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Real wages rose by 3.1 percent in January-August

The real wages – beside the 5.2 percent rise in consumer prices – increased by 3.1 percent, in the first eight months of the year, compared to the previous year...

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Structural changes within Hell Energy Magyarország Ltd.

Hell Energy Magyarország Ltd. has decided to restructure its resources due to the rapid growth of the past few months. From now on, main investments, production and usual CEO-tasks will...

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Coca Cola Light got a new dress

The beverage brand Coca Cola, refreshed its look again with hilarious designs by fashion houses, including Gianfranco Ferré, Salvatore Ferragamo and Armani Jeans. The event was hosted as part of...

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The repayment installments can take away the income surplus

According to the weekend assessment of BNP Paribas banking group; it is expected that the Hungarian households, with higher-income will benefit the most from the changes of the tax regulations....

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Nestlé, Unilever and Danone are set to report slower third-quarter sales growth

After a strong performance in 2009, Europe's biggest food groups are set to report slower third-quarter sales growth as they put up prices to offset commodity price rises. Analysts expect...

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The world’s second biggest brewer's sales rose as gains in Asia and Africa more than offset declines in Europe

SABMiller Plc, the world’s second biggest brewer by volume, said first-half beer sales rose as gains in Asia and Africa more than offset declines in Latin America and Europe –...

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Changes in the cafeteria system

As part of the tax package the system of the fringe benefits will change. The tax-free cafeteria elements will completely disappear, the benefit of the workers will be divided into...

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A quarter of Hungarians can not get enough meat

In Hungary, 26.5 percent of the population can be considered as qualitative hungry, which means that does not consume meat at least every second day – said Vajda László Head...

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Domestic resources in the Green Economy

Green economy stimulus expands by using Hungarian constructed, Hungarian-owned wind power generator technology. The 6-billion HUF worth investment will create 200 jobs in Tiszaújváros. The increase of renewable energy sources...

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Revenues decreased by fifteen billion in the TOP 200 in 2009

In the lead of the Top 200 list of Figyelő MOL retained its market position and remained the the largest Hungarian company. The crisis also affected the large companies. Their...

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Pernod Ricard sells wine assets for 47 million euros

Pernod Ricard announces the disposal, by its subsidiary Pernod Ricard New Zealand, of Lindauer(TM) and several other New Zealand wine brands from Gisborne and Hawke's Bay. The items sold are...

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Hungarians have spent 100 billion HUF for domestic trips

This year, the travel activity of Hungarian population is low, compared to Europe, but increased by 1.3 percentage points, compared to last year, despite the fact that household consumption declined....

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Another ice cream producer went bankrupt

Creme Glacée Lambert Inc, a producer of ice cream from Quebec, Kanada has filed for bankruptcy and it is expected that its assets will soon be sold off. Founded in...

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Tesco is expanding on the insurance market

Tesco is expanding its financial product line with life insurances – announced the supermarket chain in Great-Britain. Tesco has already gained experiences in the field of car insurance, but now...

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Tesco, Spar, Auchan – the ranking of contributors

According to the datas of the preliminary flash survey of the National Trade Association; among the retail chains Tesco will pay the most special tax, 12.1 billion forints, followed by...

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Nestlé's Kit Kat bar celebrates its 75th birthday

Kit Kat is this year 75 years old. Since its launch in 1935, Kit Kat has become a favourite chocolate treat the world over thanks to its light wafer texture...

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Mammut 1 to be renewed: not only the size counts

This summer the renewal of the Mammut 1 has been launched from 750 million HUF, which predictably will last until the autumn of next year. The works do not interfere...

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World Food Day: 1 billion people in the world are starving

World Food Day 2010 will be observed on 1th October 2010 with the theme of “united against hunger,” stressing the significance of unity in solving the world food crisis against...

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Helping hand by Kékkúti for Kolontár

Victims of the red mud catastrophe in Kolontár and Devecser received more than 20 thousand bottles of mineral water due to a generous charity action by Kékkúti Mineral-water. The company...

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OKSZ: the price gap should be the tax base

The prime minister's announcement surprised the National Trade Association. On the basis of the 13th of October announcement of the PM, the commercial chains should help the budget for three...

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Further increase in U.S. retail sales

In September, retail sales increased by 0.6 percent in the U.S.A. – announced the U.S. Trade Ministry, on Friday afternoon. The fresh data is a pleasant surprise, because analysts expected...

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Wal-Mart would expand in Russia

Wal-Mart, the world's largest retailer network would purchase the Kopeyka, Russian retail company – reports Bloomberg. The OAO Trade House Kopeyka belongs to the Russian billionaire businessman, Nikolai Tsvetkov, who...

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Hundred million HUF fine for Lidl and for Penny

Lidl was fined 155 million HUF, while Penny Market for 109 million HUF, for unfair distributor practices. In addition to those that mentioned above; investigations are ongoing against six other...

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Hungarian pig breeders cannot compete with the cheap Dutch import

According to the National Federation of Agricultural Cooperators and Producers; the pig breeders are in critical siztuation. They cannot compete with the cheap Dutch imports and do not receive market...

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The CBA will not raise its prices because of the crisis-tax

The CBA cahain will not raise its prices because of the crisis-tax; They hope, that due to the personal income tax reduction a surplus will remain in the pockets of...

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GURU received Golden Effie

The ceremonial handing over of the Effie prizes, was held at the gala evening in the National Theatre, where the Pöttyös GURU received Golden Effie. In 2010, the most prestigious...

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