News and articles

SPAR Wins Convenience Retailer of the Year 2009

SPAR has won the NACS sponsored Convenience Retailer of the Year 2009 competition, which was awarded on 15th September 2009 in London. The success of SPAR with the recently opened...

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No buyer for Gyulai Meat Factory yet

Until 15th September no one made a bid for the Gyulai Meat Factory – said Ruck János the CEO Gyulai Meat Factory The Meat Factory is still waiting for the...

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Vietnam Trade Expo at Asia Center

A three-day fair and exhibition will be held at the Asia Center from Friday. On the joint event of ITD Hungary and Asia Center, the Vietnamese prime minister will take...

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Plaza Centers purchases in Lodz

Plaza Centers is planning to build a 45 thousand square meter shopping and entertainment center in Lodz. According to the Chief Executive Officer of Plaza Centers; Poland can be the...

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The signation of the new advertising ethics code

From the 30th September the new Code of Hungarian advertising ethics will come into force, with expanded content, renewed in structure and signed by 26 organizations on 16th September. The...

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The Hungarian companies’ losings are over five percent

According to Direktinfo Kft.; the losings of the Hungarian companies increased over five percent, compared to last year’s average, one and a half percent loss. A significant part of the...

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Domestic markets are in transition

The editors of Event Manager and O | G | H – Open Gates Hungary Ltd. carried out a survey at the beginning of the autumn season, in the areas...

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Budapest hotels drop behind

According to Smith Travel Research’s report; the crisis weakened Hungarian hotels more, than the hotels of other countries in the region. While Budapest’s, hotel occupancy (49.2 percent) decreased by more...

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Riverside entered into confectionery industry

The acquisitions market leader the Riverside acquired the majority ownership of Kaul GmbH. that is a world leader in the development of coating materials of confectionery products, such as jelly...

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Community Wine Campaign will start

Hungarian Wine Marketing Kht. Launches a nation wide image campaign, in order to promote Hungarian wines in mid-September. The campaign is produced by the Action-NXS advertising company. Its slogan is...

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Tesco bond for 500 million pounds

The world's third biggest retailer the Tesco will issue 500 million bond – reports Bloomberg News Agency. The bonds are secured by the rent of the reantal areas in the...

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Great demand for own branded products in the U.S. and New Zealand

Recession significantly changed the eating habits of the citizens of New Zealand and U.S.A. More and more people purchase sensible and economical, while fewer and fewer choose to takeaway meals....

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Record number of participants at the Coop Rally

The fourth “Coop-rally for quality Hungarian foods” will start 17th September, from Szeged. Eighty teams will took part on the arcade car racing, The contestants cover the 15 percent of...

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Personnel changes at the Mona Hungary Kft.

The Mona Hungary Kft. strongly welcomes Mr. Kiss János, Senior Key Account Manager, who strengthens the team since July 2009. Kiss János arrived from Auchan, Globus and then from Friesland...

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The agricultural sector is in competition handicap

According to the study of Agricultural Economics Research Institute (AKI); The Hungarian agricultural enterprises – especially the small and medium ones – can get loans with an extra 5-8 percent...

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Tourism exhibition in the West End

It is no longer apart of September, that Hungary’s colorful tourism do not appear at the Millennium roof garden in the WestEnd City Center. The 3rd Főszezon Domestic tourism exhibition,...

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U.S. Retail is in progress

The U.S. retail sector sales produced the highest increase of the past three and a half years in August. The total retail sales increased by 2.7 percent instead of the...

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Hungarian honey bottle will be given an award

Award will be given to the Hungarian honey bottle on 23rd September on the Awards Ceremony of the 2009 packaging competition. The winner bottle illustrates Hungary, with hexagonal bee cells,...

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Low point of wheat

The price of wheat, has not been so low since April 2007, as it is now. The volume of production was increased by favorable weather conditions in the United States,...

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German economic sentiment is under expectations

The German ZEW economic sentiment index increased to 57.7 points in September from the 56.1 points of August. Sixty points were expected. According to ZEW Institute of Economic Research, the...

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Dieter Knoll will replace Deák Ferenc in the lead of Henkel

Deák Ferenc Managing Director of Henkel Hungary will continue his professional career at the center of Henkel Group in Düsseldorf, from 1st October 2009. Dieter Knoll will replace him,who led...

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More and more people buy online with card

Slowly, but the caution of the Hungarian cardholders shopping online, is getting soluble. According to MasterCard's home study, 8 percent of the respondents regularly use card to purchase on the...

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Auchan always wins on Auchan’s price comparison site

The Pénzcentrum tried Auchan’s recently launched price comparison website. The Internet portal put together three different types of consumer package. Auchan won at each. From the 1st of September a...

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Wellness hotel from a pension in Balassagyarmat

A three-star wellness hotel is building in Balassagyarmat with the extension of a pension. The project cost nearly half a billion HUF, with tender support. The 45 percent of the...

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Supermarkets increased market share

According to GfK Hungária Market Research Institute supermarkets have continued to increased their market share, over the past nearly one year. Real winners of the the last one year, were...

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Coffee is more popular than chocolate and mineral water

According to Nielsen market research company’s latest research, retail coffee sales increased 5 percent compared to the same period the previous year, between the August 2008 and July 2009 period....

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Scandinavians love Budapest

The largest Swedish travel agency network, the Ticket, published the summer and autumn sales top lists of metropolitan destinations. According to the list, U.S. boomtowns have fallen, the winners are...

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Food prices decreased significantly in a month

According to the Central Statistical Office (KSH); the monthly average retail price decreased 0.3 percent in August. Compared to the August 2008, the prices increased by 5 percent. In the...

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Hungary Meat bought the Mangalica meat partly from Pick

The Meat sent to Japan as a model was partly bought from Pick Szeged Zrt, partly bought live animals from Mangal Ilon Ltd. which is the company of Moldován András,...

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Holiday checks are thirty percent more popular than last year

According to the most recent datas of the Hungarian National Holiday Foundation (MNÜA); the usage of holiday checks increased by more than 30 percent. This year, nearly one and a...

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