News and articles
Subway develops despite of closures
Date: 2009-09-10 00:01:00
Subway closed five units this year in Hungary. The American restaurant chain mainly offering sandwiches, now operating with 16 units, as the propery of independent franchise partners. Turnover moderated as...
Read more
Romanian retail trade fell in the last twelve months
Date: 2009-09-10 00:00:50
According to the Bucharest statistical office; because of the the drastic decline in demand, Romanian retail sales fell by nearly 14 percent in July, compared to the same period of...
Read more
Keineken vs. Heineken
Date: 2009-09-10 00:00:30
Keineken brand means: Not Heineken. Keineken beer was launched by a Swiss brewery because they fed up that the local shops were flooded with the Dutch alcohol. Heineken is now...
Read more
The triumph of supermarkets continued, lively shoppings decreased
Date: 2009-09-09 00:05:00
According to GfK Hungária’s first half-year report of 2009 on domestic retail; households purchased significantly lower quantity. Similar to last year, this year also the supermarket channel has reached the...
Read more
The Chamber of Agriculture starts an offensive before the collapse of the grain market
Date: 2009-09-09 00:04:25
The Hungarian Chamber of Agriculture tries to draw the antention in letter of the High Commissioner for Agriculture of the EU, Gráf József, Minister of Agriculture and the largest advocacy...
Read more
Hungarian mangalica pig is counterfeited in the Japanese market
Date: 2009-09-09 00:04:00
Kovács László, CEO of Pick Szeged Zrt reported told to agrarhaszon.hu that Japanese wholesalers are selling Hungarian mangalica meat at the Japanese market, at very low prices. The fake ’Hungarian’...
Read more
Csányi Sándor and Slovakian Penta are also interested in Herz
Date: 2009-09-09 00:03:00
Both Csányi Sándor and Slovakian Penta would enter in the tender for the asset items of the Herz salami. Beside them, a group of German investors also appeared on the...
Read more
One billion worth bottling plant in Badacsony
Date: 2009-09-09 00:02:15
Bazaltbor Badacsony Ltd. is building a wine bottling plant, with a capacity of 300 thousand bottles. Beside the new bottling plant, a new winery and a wine-hotel will be built,...
Read more
The financing of the mall constructions was not profitable for the banks
Date: 2009-09-09 00:02:00
One of the largest mall in Germany, the 120 thousand square meters A10-Center in Berlin, reported bankrupcy. It is not yet locked up, even considering its expansion, but it is...
Read more
Hungary and Germany are among the biggest losers
Date: 2009-09-09 00:01:20
According to the study of German Deka Bank, comparing 31 developed and determined country; Hungary and Germany are among the biggest losers of the economic crisis in Europe. The experts...
Read more
Alaszka Ltd. bought Éléskert
Date: 2009-09-09 00:01:00
The ownership concentration between the member companies of Real Food Hungaria Ltd. continues. The Debrecen based Alaszka Ltd. recently acquired 100 percent ownership in the Éléskert Ltd. of Gyula. The...
Read more
The SPAR on the 18th Budapest International Wine and Champagne Fest
Date: 2009-09-09 00:00:55
The SPAR Hungary Ltd. will be the main sponsor – just like the previous years – of the 18th Budapest International Wine and Champagne Festival, which became one of the...
Read more
Extra tax can hit the carbonated soft drinks in the U.S.
Date: 2009-09-09 00:00:30
There is a growing demand in the United States, that the federal government should impose a special tax to reduce the excessive consumption of junk food and carbonated soft drinks....
Read more
Hungary’s food retail increased in value, but decreased in volume
Date: 2009-09-08 00:04:55
According to Nielsen market research company; the amount of food retail turnover in the second quarter in nine developed European countries as well as in Hungary, had been reduced, compared...
Read more
Low wheat prices
Date: 2009-09-08 00:04:30
According to Vancsura József, President of the National Association of Cereal Growers the wheat prices are 20-25 percent lower, compared to the same period of last year. In addition, there...
Read more
Decreasing occupancy rate in hotels, all over the world
Date: 2009-09-08 00:03:00
According to the datas published by STRGlobal; with an average, nearly 12 percent decline occured at the world's hotel occupancy rate in the first half of the year. London had...
Read more
Stagnating fast-food restaurants
Date: 2009-09-08 00:02:50
The turnover of the largest fast-food restaurants stagnating, compared to the previous year in Hungary. McDonald's, and Burger King do not expect significant changes, so the companies are forecasting similar...
Read more
Cadbury would not let to be purchased
Date: 2009-09-08 00:02:30
The U.S. food group Kraft Foods, made a 16.7 billion USD bid for the purchase of the British Cadbury confectionery industry company. The proposed deal would allow annual savings of...
Read more
Raiker joined to Real Hungária Drink
Date: 2009-09-08 00:02:00
New participant joined to the Real Drink Hungária Ltd. Budapest. One of the biggest wholesale beverage business of the Central Hungary region, the Raiker Ltd joined to the Real Drink...
Read more
The sugar factory in Kaposvár was renovated from half billion
Date: 2009-09-08 00:01:20
Nearly one-third of the annual domestic needs of sugar is produced in Kaposvár. Five hundred million HUF was spent on the renewal of the sugar factory of Kaposvár. Hájos László,...
Read more
Karstadt bankruptcy can cause a wave of store closures
Date: 2009-09-08 00:01:00
Store closures wave can hit Germany in the forthcoming years, because of the bankruptcy of Germany's Karstadt chain of stores and its parent company; Arcandor. According to experts, about two-thirds...
Read more
Artistic creativity and modern technology in the new Nestlé Chocolate Center
Date: 2009-09-08 00:00:45
Nestlé Development Center has opened today in Broc Switzerland. In the new center built from 25 million Swiss francs investment will take place the development centre of Nestlé premium and...
Read more
Szabó Edit became the new BTL division leader at POP – Rafinanz
Date: 2009-09-08 00:00:30
From 7th September Szabó Edit is the BTL director of Rafinanz Service Agency who was the event director of VAM Design Center previously. Szabó Edit started her professional career in...
Read more
Hungarians chose Balaton as domestic and Greece as foreign destination
Date: 2009-09-07 00:04:00
The C-Travel.hu travel portal made a comprehensive analysis about the tarvel experiences of this summer, processing 14,000 requests, that the users launched through the site to hotels and travel agents...
Read more
Next year world economy will increase and perhaps domestic economy also
Date: 2009-09-07 00:03:25
According to IMF's updated forecast for this year; the performance of the whole world economy will be below 1.3 percent compared to last year, but next year global GDP will...
Read more
Nyírbátor became one of the European production centre of Unilever
Date: 2009-09-07 00:02:55
On 4th September a 9.7 million euros investment officially completed in Nyírbátor, which increased the capacity of the local Unilever factory by 60 percent. The one year-long development and conversions...
Read more
The greenest Tesco has opened in Dunakeszi
Date: 2009-09-07 00:02:30
Tesco hypermarket chain’s newest unit which became the greenest Tesco, with its environmentally friendly design and construction with a unique energy-saving indicators, in Central Europe is waiting its customers in...
Read more
Spa development for three billions
Date: 2009-09-07 00:02:00
With the building of an indoor spa and with the transformation of summer swimming pools 3 billion HUF investment was achieved in Sárvár. European Union assumes the 30 percent of...
Read more
Gyulai Meet Factory: perhaps there is a buyer perhaps there is not
Date: 2009-09-07 00:01:55
Speculations are continueing about the future of the Gyulai Meet Factory. The hvg.hu was informed from a person – from the circle of ownership, requesting anonymity – that talks are...
Read more
Tesco supermarket opened in Szolnok
Date: 2009-09-07 00:01:30
Tesco's new energy-efficient store in Szolnok was built with a wooden structure and wood cover outside. The environmentally friendly design and construction, further enrich the range of Tesco's energy stores....
Read more