News and articles

IKEA actions

The renewed IKEA on Örs vezér Square waiting its customers from 10 am to 10 pm on 13th August. The Budaörs store operates the same opening hours. The Swedish-owned chains...

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New Commercial Director at Saga Foods Ltd.

From 10th August 2009, Vajdahunyadi Csaba (45) leads the Saga Foods sales team.  The expert who has MBA graduate, started his professional trading career as the regional representative for Procter...

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The retail sales of cleaners and hair dyes increased extremely

According to Nielsen Market Research Company, the retail turnover of household chemical goods and cosmetics grew by 3 percent approaching 300 million HUF per year. Nielsen based its survey on...

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Hungarian tourism had a bad year

According to the informations of the Central Statistical Office; during the first half of 2009, 14 percent less than foreign tourists visited Hungary and the number of domestic visitors decreased...

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The National Trade Association afraid of bankruptcy wave

According to Vámos György the Secretary-General of the National Trade Association, the damage caused by the two-digit VAT increase will bankrupt traders, entrepreneurs, especially retailers. One of the chain of...

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Wineries not dare to improve

Wineries’ planned investments of this year can fail. Banks cut back on their lending activities due to the crisis, so capital poor wineries will not have excess despite having successful...

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McDonald's: Increasing turnover and share price

In July, McDonald's continued to rise its revenues. Thanks to the increasing demand for hamburger and coffee, the company's sales increased by 4.3 percent, which exceeded the expectations of analysts....

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The creditors of FoodExpress can only get the fraction of their claims

Thirteen creditors with a total value of 823 million HUF submitted a claim on the liquidation of the Food Express, Hungary (FEH) Ltd. until deadline – reports the liquidator Csabaholding...

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A decreasing interest on cereals

According to the Hungarian Chamber of Agriculture; wheat’s price is 30 thousand HUF per tonne due to the small demand for grain. The price of autumn barley is only 25...

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Due to a dispute the production of Szobi Syrup can not start

According to the new owner; at the Szobi Syrup Ltd., production still can not restart due to a dispute, even though the plan for this year was a turnover of...

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Levegő Munkacsoport will not start a lawsuit against the shopping mall

Referring to the interest of the local residents, the Levegő Munkacsoport withdraw from the lawsuit against the Köki Terminál shopping centre. The green organization stressed that, after a long consultation,...

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Crisis do not put a large effect on the toilet paper and paper handkerchiefs consumption

The retail sales of household paper increased by 10 percent between July 2008 and June, 2009, compared to the previous comparable period, and exceeded of 42 billion forints – states...

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Half million hectoliters less beer consumed last year than 2007

The economic crisis has reached the Hungarian brewing industry. The total sales of the breweries decreased by 7 percent, compared to the previous year. The growth trend of the previous...

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The reputation of the large Hungarian companies became measurable

The reputational ranking of the largest companies has been completed. The B & P BrandAktív measured the social assessment of 40 leading domestic companies in the last two months. The...

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Pándi cherry cake of Zilah coffee-house became the Cake of the Country

The Industry College of Hungarian National Confectioners greets Hungary on its Birthday with Pándi cherry cake. For three years, on 20th August, in the course of the Prime Minister's Office...

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It will be easier to open small shops in the future

The government would liberalize the trade activities significantly in the future. It will be enough to report to the competent notary the opening of a new shop. The simplification is...

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Tesco Express opened in Angyalföld

A new Tesco Express store opened on 7 August in Budapest at Béke u. 13-19. in the 13th borough. The Tesco chains of stores has already 10 new format shops...

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Eight out of ten women feel compunction, after big shoppings

According to a survey ordered by British ice cream manufacturer company Skinny Cow, 83 percent of women feel compunction, after shopping and overspending. The ladies mostly feel unpleasant because of...

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Auchan can expect a serious punishment in Russia

Retailers have accused the French-owned chain of stores, with violating several rules, when started to sale own branded vodka on the market. The Krepost branded Auchan vodka is advertised by...

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Dreher and Alcus: service-oriented communication platform

Instead of periodic communication Dreher built a communication platform. This year Dreher not only supports Sziget Festival with the brandname Dreher but with www.annyiavilag.hu products. Arcus Interactive Group set up...

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Pigs in urban gardens

More and more British families believe, that it is not necessary to buy expensive food from hypermarkets. The food produced by themselves is more delicious, cheaper, and likely to be...

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The GVH has terminated the investigation connecting to Food Code

Economic Competition Authority terminated the investigation against the signatories of the food code. The code was not suitable to restrict competition in the market, and did not come into force...

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Food retail increases since last December

According to Nielsen market research company’s report called ’Economic Current’ on monthly trends; The effects of recession on food retailing slowed down in the ten major market of the world....

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A growing number of cheap, own branded goods are purchased

According to the datas of GfK Hungária Consumer Tracking, the Hungarian households left nearly 4 percent less money at the shops for household chemical goods and food in the first...

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Tesco operates transparently

Tesco had been put on the list, which collects the most transparent domestic companies. The chains of stores is in the 12th place in the ranking. With this result, Tesco...

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Decreasing savings, increasing consumption in USA

According to the communication of the Ministry of Trade; private consumption increased by 0.4 percent in June, exceeded the forecast of the analysts of 0.3 percent. In May, on the...

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School catalog of Interspar will be published again with wide selection

The Interspar store this year will help product selection with school catalog, which will be valid from 13 August 2009, until 9 September 2009. More than a thousand school supplies...

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Dreher: online questionnaire about responsible alcohol consumption

According to the results of the Online Program research of Dreher Breweries Ltd.; The most important thing is the individual temperance and education within the family. Nearly 5,000 adults took...

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Sugar price reached its almost three-decade peak

The price of the raw and refined sugar increased to its 28 year peak at the London Commodity Exchange. Traders expects further price increases. The reason of the extraordinary price...

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The Report of Carlsberg caused a positive surprise

Danish Carlsberg’s second quarter net profit increased to 1.94 billion korunas (375 million euros) from the one year earlier 1.42 billion.The result significantly exceeded the 1.6 billion korunas expectations of...

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