Company and Personal News
Pápai Hús opening new wholesale outlet
Date: 2008-02-01 08:00:00
Pápai Hús Zrt. has opened a wholesale outlet in Budapest. They do deliveries in and around Budapest at favourable rates....
Read more
Extraordinary snapshot – domestic food industry in 2007
Date: 2008-02-01 08:00:00
The well known and grave problems of the Hungarian food industry continued to exist in 2007 and no major positive breakthrough took place. Domestic purchasing power is in decline, while...
Read more
Active year for Reál
Date: 2008-02-01 08:00:00
Many Reál stores were opened in Budapest last year, including the first Prémium Reál Élelmiszer supermarket in Lurdy ház, but the number of stores outside the Budapest region also increased....
Read more
HUF “in the pilow”
Date: 2008-02-01 08:00:00
Investors have generally become more cautious world-wide – summed up Ákos Kozák, managing director, the findings of the survey “Investment Barometer” prepared by the Gfk Group for the The Wall...
Read more
Joya Soja Drink Pur
Date: 2008-02-01 08:00:00
The first drink of the Joya product line which is not flavoured and contains only natural sugars, as it is made without added sugar....
Read more
Investment into packaging by Hungerit
Date: 2008-02-01 08:00:00
Hungerit Zrt. has developed a unique packaging solution in co-operation with Sealed Air Cryovac. As a result of installing the new MULTIIVAC Darfresh® packaging machinery, fresh poultry will stay fresh...
Read more
Football European Cup: + EUR 1,4 billion
Date: 2008-02-01 08:00:00
According to a survey prepared for MasterCard, the 2008 football European Cup may yield a profit of EUR 1,4 billion for the economy of the continent. Each of the games...
Read more
Has been better – will be better?
Date: 2008-02-01 08:00:00
Regarding last year, everybody agrees that it has been a difficult period and it’s far from being over. As a result of austerity measures, purchasing power and sales dropped, while...
Read more
Constantly high SPAR standards
Date: 2008-02-01 08:00:00
Private label products in the premium category, many new stores and the quality Hungarian poultry trademark are all things acquired by SPAR in 2007. – The decrease in real incomes...
Read more
Budapest hotels: below average
Date: 2008-02-01 08:00:00
Commercial places of accommodation generated total gross revenues of HUF 209 billion in the January-October 2007 period, which is 4 per cent up, compared to the same period in 2006....
Read more
NIVEA Hair Styling Diamond Gloss Styling
Date: 2008-02-01 08:00:00
NIVEA Hair Styling Diamond Gloss Styling are rich in vitamin B-3 and give hair a diamond shine full of life, while also making it extra strong....
Read more
Cryovac launches printable top web for vacuum packaging
Date: 2008-02-01 00:00:00
The new Darfresh TP100 allows manufacturers to use high quality printing to differentiate their products.The new Darfresh TP100 top web film is printed on the surface using flexography in up...
Read more
Action Plan against fake products made in China
Date: 2008-02-01 00:00:00
The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...
Read more
18% increase at Visa Hungary
Date: 2008-02-01 00:00:00
Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...
Read more
Hungary jobless rate rises in Q4 2007
Date: 2008-02-01 00:00:00
According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...
Read more
Drastic price increase at beers
Date: 2008-02-01 00:00:00
According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...
Read more
Ferroro to Built chocolate plant in Russia
Date: 2008-02-01 00:00:00
The 200 million euro factory will produce 25,000 tons of its Raffaello and Kinder Chocolate brands annually.The Russia's chocolate market is valued at 250 billion rubles ($10.2 billion) with a...
Read more
OBI is Going to Extend in Romania and Slovakai
Date: 2008-02-01 00:00:00
With more than 500 stores OBI is the undisputed No 1 in the German market and one of the leading European DIY retailers, overall sales worth was EUR 5.8 billion....
Read more
Fruit Logistica Berlin with Hungarian Exhibitors
Date: 2008-02-01 00:00:00
The Hungarian Agrar Marketing Center donated 14 Hungarian fruit and vegetable growers and traders to be present on the exhibition. Around 2,000 exhibitors from 70 countries present – 45,000 top...
Read more
New Business Environment Rating system by Coface
Date: 2008-01-31 00:00:00
Complementary to Country@ratings, a new rating is thus available that reflects business environment quality by 150 country. On the occasion of its annual country risk conference, Coface forecasts slower world...
Read more
From industrial place to retail center at the former Zalahus plant
Date: 2008-01-31 00:00:00
With 35-40 million euros investment a shopping center ring by green parks, playgrounds and car parks will be built by Convergence Capital Ltd. The construction works started in second half...
Read more
HUF 45 million food was donated in Spar stores
Date: 2008-01-30 00:00:00
Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone. Last in the Christmas action 130...
Read more
EU pressures general labeling
Date: 2008-01-30 00:00:00
Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce. The European Union's...
Read more
Russia to extend food price freeze
Date: 2008-01-30 00:00:00
Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1. The freeze on prices for bread, milk, sunflower oil and eggs is designed to...
Read more
Hungary's industrial producer price rose by 1.6% year on year
Date: 2008-01-30 00:00:00
According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...
Read more
Henkel Awards for research and technology invention
Date: 2008-01-30 00:00:00
Finally, eight interdisciplinary project teams were chosen to receive the coveted prize. The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...
Read more
Fast growing on-line shopping all over the world
Date: 2008-01-30 00:00:00
Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either. Nielsen says more than eight out...
Read more
Espresso and cappucino are the most popular coffees
Date: 2008-01-30 00:00:00
According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...
Read more