News and articles
New CEO at Kékkúti Mineral Water
Date: 2009-11-05 00:00:35
From the 1st September 2009, Henrik Gotterbarm is the new CEO of the market leader mineral water bottler, Kékkúti Ásványvíz Zrt. The German professional has been working at Kékkúti Ásványvíz...
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Marks and Spencer starts selling branded foods
Date: 2009-11-05 00:00:12
According to the communication of the clothing chain; Marks and Spencer starts distributing food and household goods in its UK stores in the future, such as Kelloggs cereal, flakes Coca...
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European Trade Day – for the fifth time in Hungary
Date: 2009-11-04 00:10:12
The European Trade Day was organised for the fifth time by the National Association of Entrepreneurs and Employers (VOSZ) together with a number of national advocacy organizations on 3rd of...
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Successful presentation in Beijing
Date: 2009-11-04 00:05:12
Food and drinks presentation day was held in the organisation of the Hungarian Embassy in Beijing. Fourty-four Hungarian companies’ products were introduced in the Zhai Long hotel. The Chinese organizers...
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Hungarian companies believe in late upturn
Date: 2009-11-04 00:05:08
According to the most recent survey of Coface Hungary Credit Insurance Company; the earliest date of the economic recovery can be in the second half of 2010. The leaders of...
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Positive changes in the working capital loan program
Date: 2009-11-04 00:04:11
Commercial enterprises may also use the sources of the New Hungary working capital loan program, which is supported by the Hungarian Development Bank Ltd. The program was originally announced for...
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Csányi Sándor bought Herz
Date: 2009-11-04 00:03:21
The Bonafarm Group which is the food industry portfolio of Csányi Sándor OTP Bank leader, bought the equipments of the Herz Salami Factory, after the Bonafarm Group made the best...
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Mr. Tea visits Budapest: tea pavilions and a giant cup of tea in the capital
Date: 2009-11-04 00:02:11
Stephen Twining Tea Ambassador will visit Budapest on 7th of November. The tea enthusiasts and those who interested, can meet “Mr. Tea ” in the MOM Park shopping mall, and...
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Finally, the producer pays instead of the ”black market”
Date: 2009-11-04 00:01:55
According to Hungarian Chamber of Agriculture; On the stagnating cereal market the ”black traders” are gaining profit. Usually tricking with the VAT, in the name of not existing foreign companies....
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The cheese factory in Kunszentmárton produces again
Date: 2009-11-04 00:01:23
The Hungarotejfeldolgozó Co. and Csabatáj Zrt. would like to appear in the Hungarian and foreign markets with a special product – announced the new owner of the plant at a...
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Nearly ten thousand dismissal at Johnson & Johnson
Date: 2009-11-04 00:00:15
Nearly ten thousand people could be affected by Johnson & Johnson health-fresh cosmetic company's announcement, that due to cost-cutting programs, 7 percent redundancies are planned. The company aims to improve...
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Hungarian participant on the Bocuse d'Or Europe
Date: 2009-11-03 00:01:29
Althought the skeptics did not believe in success, there will be Hungarian participant at the most significant international top gastronomy events at the 2010 Bocuse d'Or Europe. Because of the...
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The public is confident, the optimism of the companies is broken
Date: 2009-11-03 00:01:12
Ecostat’s aggregate business cycle index decreased by 0.5 percentage points to 77.6 percent in October, compared to the previous month. While the public confidence indicator rose strongly, business confidence indicator...
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Indignation about the 1.6 billion support of Datész
Date: 2009-11-03 00:01:00
A number of agricultural and food companies became indignant, that Datész Zrt. achieved state sources. According to the farmers; an EU investigation should be needed, but they will not necessarily...
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Price comparison market is getting more focused
Date: 2009-11-03 00:00:59
No more than three price comparison sites could remain on the Hungarian market in long terms. This Internet service can accelerate the competition in the market. At the beginning of...
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Auchan: the biggest warehouse lease of the year
Date: 2009-11-03 00:00:51
Auchan Magyarország Kft, concluded the largest warehouse transaction of the year, at the end of September. The expansion of the company's logistics area has been occured in the recently completed...
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Gallicoop built their own wastewater treatment
Date: 2009-11-03 00:00:40
The Gallicoop Turkey Processing Zrt. built its own wastewater treatment in Szarvas, due to environmental and economic considerations. The water does not leave the site area and reduces the city’s...
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New Member of the Board at Metro Commercial Ltd.
Date: 2009-11-03 00:00:31
According to Metro’s press release; Dávid Gábor will join to METRO Commercial Ltd, as customer management director, and also a member of the Executive Board from the 1st of November...
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Twilight of the Irish pubs
Date: 2009-11-03 00:00:15
According to a study, 2000 rural pubs could be closed in the next 10-15 years in Ireland, because of the law changes and due to the weakening economy. According to...
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U.S. retail sector may be in trouble
Date: 2009-11-03 00:00:00
U.S. CIT Group could not avoid bankruptcy protection, even after several months of fight. The 101-year old company offers credit mostly to small and medium-sized retail companies. The company stressed...
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Spirits: brandy, pálinka brandy and bitter are the most popular
Date: 2009-11-02 00:03:58
The retail sales of distilled spirits were 73 billion HUF between October 2008 and November 2009, just like as in the previous comparable period. However, a 5 percent volume reduction...
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One third of the companies plans Cafeteria decrease
Date: 2009-11-02 00:03:21
According to the research of DGS Global Research; Thirty-one percent of the employers would reduce employee fringe benefits for next year. Only 15 percent of the companies plan an average...
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The foreign trade balance improved further – besides declining exports and imports
Date: 2009-11-02 00:02:11
In August, the foreign trade exports decreased by 10, imports by 15 percent, compared to a year earlier. In the January-August period, exports decreased by 17, imports by 23 percent...
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Increase in the support for product sellers
Date: 2009-11-02 00:01:55
The government will increase the support of its working capital loan program with three billion HUF in order to support the product sellers in the fruit and vegetable sector. Government...
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Another new Penny Market opened in Debrecen
Date: 2009-11-02 00:01:25
Penny Market opened its second store on 29th October 2009 in Debrecen. Sixty-five percent of the product range of the unit comes from Hungarian suppliers. Penny Market, which present itself...
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Zwack liqueur consumed less-than-expected in the U.S.
Date: 2009-11-02 00:01:01
The Zwack Unicum reached 1.257 billion HUF after-tax profit, in the first half of the 2009-2010 business year, which is 20.1 percent less than of the base period – reports...
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Still far from a real boom
Date: 2009-11-02 00:00:42
Chen Deming, Chinese Minister of Commerce and Joseph Stiglitz, Nobel Prized economist also expressed doubts about the fast recovering from the recession, at an economic conference in Shanghai. Although more...
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The last days of Quelle
Date: 2009-11-02 00:00:30
The story of Quelle, which was and one of Germany’s and Europe's most prestigious chain of stores came to an end; The closing sales began on Sunday at the famous...
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Plaza Centers: stopped investments in Romania
Date: 2009-11-02 00:00:15
Plaza Centers, suspended its eight Romanian projects. The planned investment projects would have been realised in a worth of a total two billion euros. "In the current economic situation it...
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The fifth stage of the Balkan Express
Date: 2009-10-30 00:04:01
Agrármarketing Centrum will organise a community appearance in the South East European region for the fifth time this year. After Mostar, Novi Sad, Bucharest and Banja Luka, the Hungarian food...
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