News and articles
German GDP fell bigger last year than it was expected
Date: 2010-01-14 00:01:28
According to the latest report of the German Statistical Office, despite the economy stimulating measures and the export demanded, German GDP fell by 5 percent in 2009. This caused a...
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New owner for the half of Allee
Date: 2010-01-14 00:00:58
ING Real Estate Development and Allianz Real Estate Germany GmbH signed an agreement on the selling of the 50 percent share of Allee shopping center in Budapest. The transaction worth...
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METRO’s turnover decreased in 2009
Date: 2010-01-14 00:00:38
Last year, METRO Group’ turnover was reduced, particularly because of the negative currency effects. On the basis of the company's preliminary datas, the revenue decreased by 3.6 percent to 65.5...
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Czech retail sales fell further
Date: 2010-01-14 00:00:19
The purchasing power in the Czech Republic continues to be weak. In November retail sales are decreasing for the fourteenth months, in a bigger amount than it was expected. On...
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A good Christmas for Tesco
Date: 2010-01-14 00:00:05
Tesco had the best Christmas season over the past three years, despite the crisis. The world's fourth largest retail network increased its turnover by 7.5 percent, in the three weeks...
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Hungarian products in the METRO stores of Berlin
Date: 2010-01-13 00:04:29
This year, Hungary is the partner country of the most prestigious international food exhibition the Grüne Woche. Six METRO stores in Berlin will also help in the good appearance of...
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Cafeteria system remains at the majority of the companies
Date: 2010-01-13 00:04:13
In spite of the restrictions, the domestic companies believe that the cafeteria system has a right to exist. This year, only 9 percent of the companies do not want to...
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Another celebrity chefs in the Jury of the finals of Bocuse d'Or Selection Hungary
Date: 2010-01-13 00:04:07
The new year started with sensational news for the Bocuse d'Or Selection Hungary. Two prominent experts accepted the invitation and will took part in the jury of the competition, that...
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Turkey declines
Date: 2010-01-13 00:03:44
Not only the pork, but the demand for less expensive birds have also declined. The biggest loss is recorded in the turkey industry. According to the recent report of the...
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BKV’s Public Transport strike affected badly CBA
Date: 2010-01-13 00:03:11
The traffic in CBA outlets decreased on Tuesday, due to the impact of the Public Transport strike, while in Spar stores did not cause a reduction. More consumers were in...
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Excellent retail datas from Great Britain
Date: 2010-01-13 00:02:58
The British economy is showing the signs of stabilizing. The British Retail Consortium's monthly survey showed that the sales of December has not increased as much as now, since 2005....
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Cadbury continues to reject Kraft Foods
Date: 2010-01-13 00:02:19
According to the announcement of Cadbury Confectionery made on 12th January 2010; the company's 2009 results became significantly better than expected. The company's revenues increased about 11 percent, the company's...
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The governments of Europe fight against obesity with taxes
Date: 2010-01-13 00:01:45
While the Romanians trying to press down the fast-food consumption, Danes trying the same with chocolate consumption. In Spain the government tries to repel the unsaturated fatty acids and try...
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Motel One expands in Europe
Date: 2010-01-13 00:00:25
The German Motel One chain offering cheap accommodation, wants to expand abroad. Dieter Müller, CEO of Motel One said to FTD, that they would like to be present in all...
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ESFA is examining smoke flavor
Date: 2010-01-13 00:00:12
According to the recent report of the European Food Safety Authority; Some flavor, consumed in large quantities can be harmful which flavors are used to produce smoked flavored products. The...
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Hungary, at the Green Week in Berlin
Date: 2010-01-12 00:04:06
This year Hungary will be the partner country of the prestigious international food exhibition, the Berlin Grüne Woche. Besides gastronomy Hungary’s visual appearance will be based on tourism and on...
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Glorious welcome for the Hungarian wines in the U.S.
Date: 2010-01-12 00:03:11
The Wall Street Journal business newspaper reports about the almost unspeakable, but excellent Hungarian wines. From New York to Los Angeles, several leaders of the American wine industry fell in...
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The crisis continues in the domestic tourism
Date: 2010-01-12 00:02:59
Between January-November 2009, in the commercial accommodations, the number of guests and the guest nights both decreased by 8 percent, compared to the values of the same period of last...
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Metro overtakes
Date: 2010-01-12 00:02:14
The German wholesale chain overtook Tesco in 2008 and became the world's third largest trader behind Walmart and Carrefour. According to the study of Deloitte and Touche; Metro sold goods...
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Mediobanca supports Ferrero in the fight for Cadbury
Date: 2010-01-12 00:01:28
According to Italian newspaper Il Messaggero; The Mediobanca commercial bank will organise a 4.5 billion USD loan for Ferrero, in order that the Italian chocolate manufacturer can make an offer...
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The Polish GDP was able to increase last year
Date: 2010-01-12 00:00:45
The Polish economy last year grew by 1.6 percent – stated Michal Boni, economic adviser of the Polish prime minister, on Monday. The Polish central bank vice president, Zbigniew Hockuba...
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The hundred HUF Meatballs returhed to IKEA stores
Date: 2010-01-12 00:00:45
From the 11th of January 10 pieces of Swedish Meatball with garnish and sauce will cost 100 HUF for a month in the IKEA stores. Last year a similar campaign...
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US-Russian negotiations on chlorinated chickens
Date: 2010-01-12 00:00:25
The U.S. government has initiated negotiations with the Russian Government, after Russia banned the imports of poultry cleaned with chlorinated agents from 1st of January. The delegation of American experts...
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Chile can be the key to Latin America
Date: 2010-01-12 00:00:12
Chile will become a full member in the OECD. This can bring favorable market opportunities for Hungary, in South America. Chile can be an excellent starting point for the Hungarian...
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Heineken bought a Mexican brewery
Date: 2010-01-12 00:00:05
Heineken has contracted over the purchasing of the brewery department of Fomento Economico Mexicano. The transaction value worth of a 5.3 billion euros shares package. In exchange for the sale...
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Two-third of the municipalities will abrogate cafeteria
Date: 2010-01-11 00:01:19
This year, in 60-70 percent of the settlements, cafeteria was terminated, because of the taxation of the the fringe benefits. Seventy-nine percent of the state institutions and 72 percent of...
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This year there will also be Community Wine Marketing
Date: 2010-01-11 00:01:17
Despite the liquidation of the Hungarian Wine Marketing Nonprofit Ltd., this year will also be Community Wine Marketing in Hungary – said Horváth Csaba to the MTI. The expert reminded,...
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Mixed news from the U.S.A.: overwhelming labor data, encouraging wholesale stocks
Date: 2010-01-11 00:01:02
With the 85 thousand registered dismissal of the last month, U.S. unemployment stays on 10 percent. The unexpected growth of the wholesale stock, can compensate the analysts. The number of...
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A new Austrian supermarket in Transdanubia
Date: 2010-01-11 00:00:59
After the opening of the Sopron mall two years ago, in March 2010 Austrian majority-owned Alphapark will open its second unit in Keszthely – stated the investor’s (the APK Ltd.)...
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Sugar price increases towards
Date: 2010-01-11 00:00:42
After in 2009 the price of sugar almost doubled, this year resulted a new peak, have not seen since January 1981. The main reasons of the price boom are: the...
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