Henkel sponsors kindergarten

Henkel sponsors kindergarten

Henkel Hungary Ltd. has decided to support a kindergarten called Gesztenyéskert in district 9 in Budapest with a 500 thousand HUF sponsorship. The Óbuda-based institute spent the money on various...

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Wal-Mart lowered its prices

Wal-Mart Stores Inc., said today it plans to reduce prices on fresh fruits and vegetables as part of a broader effort backed by first lady Michelle Obama to sell healthier...

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Hypermarkets and smaller self-service stores are the most popular

When it comes to various factors connected to shop-choice, there is no significant change in Hungary as compared to the previous years. The major issues in focus are quality, freshness...

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Coface had its 15th Country Risk Conference, no change for Hungary

On the occasion of its 15th Country Risk Conference, Coface is expecting a moderate slowdown of the global economy. Among the risks to be monitored are the continued tension with...

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The decline in retail has stopped

In November 2010, the retail stores – on the basis of the calendary adjusted datas – had a similar turnover volume as a year earlier – reports the Central Statistical...

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IMF expects more than four percent increase from the world economy

The International Monetary Fund (IMF) calculates with a higher rate economic growth, than projected. According to the IMF; the global economy will increase by 4.4 percent this year, and the...

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A seventy percent increase is needed in food production in the forthcoming decades

A new large global food crisis may hit the world again. Subsidies and custom duties play an important role in its development. These subsidies and custom duties distort the global...

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The EU reduces the supply with frozen pigs

The European Union provided a rapid response for the falling pork prices. According to Dacian Ciolos agriculture commissioner; the decision over the private storage of pork will be born in...

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Four measures of the EU because of the dioxin scandal

The European Commission presented four measures related to the dioxin scandal. The European Commission would introduce the reporting obligations in connection to the production and marketing risks of the product,...

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Budapest Bank moved into the Tesco stores

Since January, Budapest Bank is the partner of Tesco Hungary in financial services. The financial institution and the chain prepares for a long-term strategic cooperation. As the first step, the...

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McDonald's raises prices

According to the plans of McDonald's Corp. the price of the products of the company, will be increased by high raw material costs increases. Company’s prices will increase the most...

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Eight million passengers at Ferihegy

The passenger traffic of the Airport was 8.1 million person in 2009. With this resultt the Ferihegy Airport was the 38th largest airport in the European Union. The traffic was...

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Johnson & Johnson reported poor results

Johnson & Johnson announced that its fourth-quarter profit increased to 2.86 billion USD, 1.03 USD per share from the 2.85 billion USD and 1.02 USD per share profit value of...

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Conterfeit chocolate-scandal in our neighbourhood

Italian chocolate maker Ferrero has lost a long-running trademark battle over its top-selling praline in Ukraine in a case that was closely watched for its implications for foreign investments in...

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5.6 million revenue for Andrew Lloyd Webber's wine

Andrew Lloyd Webber is a big wine freak. He told Will Lyons that he started collecting wine during his “preteenage years” when he was still at school. That's a lot...

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Consumers are saving worldwide

In most countries of the world consumers are preparing to cut back their spendings in the forthcoming months, due to concerns over job insecurity and the increase of inflation –...

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EU pig sector is on the edge of collapse

In Germany, nearly five thousand animal breeding sites were closed, because of the dioxin scandal, it is likely that meat shortage will occur on the market. Therefore, Font Sándor, chairman...

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GKI composite confidence index rises

GKI's combined gauge of business and consumer confidence measured -6.3 points in January after -7.6 points in December, GKI announced. The seasonally adjusted index has not been this high since...

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Agricultural Office fines hard

The Agricultural Office (MgSzH) has imposed a total of 342.5 million HUF fines again on department stores, mostly because of the violation of the prohibition of selling below the purchase...

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Agrármarketing Centrum: food safety is a top priority

In the past few weeks, plenty of press conferences appeared linked to poisoning, inappropriate, low quality food appearing on the shelves of various EU-members. Food-safety in Hungary is rather strict,...

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Foreign wines are mixed and marketed as Hungarian wines

Thirty percent less grapes were grown in the Balatonboglár wine region last The market it still flooded with cheap, poor-quality foreign wines. Moreover some of these wines are mixed and...

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Cluster helps the rural tourism in Southern Transdanubia

The recently formed Southern Transdanubia Rural Tourism Cluster, would like to help the rural accomodiations in their market access, training and upgrading of their services in Baranya, Somogy and Tolna...

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Profit increase at McDonald's

In the last three months of 2010, McDonald's profit was 1.24 billion dollars, 1.16 dollars per share, compared to the previous year's 1.22 billion dollars and 1.1 dollars per share...

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Products from PET bottles

The Budafilter 94 Kft. is building a plant producing strapping tape and granules from PET bottles in Mezőfa, Fejér County. The cornerstone of the approximately 300 million HUF development was...

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The price of cocoa reached its annual peak

The price of cocoa has increased to its annual peak in the New York commodity exchange, to 3.34 USD per tonne, which is a 4 percent increase. Alassane Ouattara, the...

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The German minister urges the food chains to open petrol stations

Rainer Brüderle, the German Minister of Economic Affairs encourages the discount food chains, such as Aldi and Lidl to open petrol stations. The Minister expects greater competition and lower prices,...

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Restaurant in the clouds

The world's highest-functioning restaurant has been opened in the highest building of the world, in the Burj Caliph in Dubai. The restaurant is on the 122nd floor of the skyscraper...

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Furmint for February – a wine event coming up

It's the second time the wine-event Furmint Február takes place, initiated by civils to introduce and promote as many furmint-made wines as possible throughout February. Several restaurants take part in...

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Hungarian Flavours' Fair in February – an event

Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...

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METRO conference and customer academy 2011

Nearly 130 FMCG-companies meet with the employees of METRO within the three days of the METRO Customer Academy, in order to discuss possibilities of co-operation in the long run. The...

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