News and articles
Reduction in the number of tourists and overnight stays in Croatia
Date: 2009-08-07 00:00:40
According to the Croatian Statistical Office, in the first half of the year, 3.35 million tourists spent 12.7 million nights in Croatia. In June, the number of guests excessed 1.4...
Read more
Euro area’s retail sales decreased further after May
Date: 2009-08-06 00:13:00
In June, retail sales decreased by 0.2 percent after the 0.5 percent decline of May, while analysts expected an increase of 0.3 percent. On an annual basis, the rate of...
Read more
A new wine category on wine labels
Date: 2009-08-06 00:10:00
A new category of wine appellations should be used from August of Hungarian wines. Instead of the geographical indication, traditional denominations will give guidance. In Hungary four categories were existed....
Read more
Manipulated shoots from the feathers extraction
Date: 2009-08-06 00:09:00
It turned out that the report showed in Swedish television was manipulated about the Hungarian feathers extraction. The case was brought because of incitement of torturing animals, but the investigation...
Read more
Árukereső has a new owner
Date: 2009-08-06 00:07:00
South African Naspers gained majority ownership in Hungary's largest consultant shopping portal ’Árukereső’. The 2004 founded Árukereső became Hungary’s market-leading price-comparison site. Under the agreement, the online shopping guide will...
Read more
Specials, discounts and coupons: learn to save during the crisis
Date: 2009-08-06 00:06:00
Because of the impact of recession, a serious change has occured in purchasing habits. Interest is growing towards discount stores, and towards the retailers' own-branded products. According to the recent...
Read more
Henkel: declining sales, increase in profits
Date: 2009-08-06 00:05:30
In the second quarter of this year, Henkel sales decreased by 5 percent to 3,485 million euros, while operating profits increased to 279 million from 113 million euros and after...
Read more
Procter & Gamble: 80 cent per share in the last quarter
Date: 2009-08-06 00:01:00
The Procter & Gamble, the world's largest manufacturer of household goods reported a decrease in the fourth quarter. But its results are still exceeds expectations. According to company reports that...
Read more
Starbucks duplicates its units in Poland and in the Czech Republic
Date: 2009-08-06 00:00:50
The American café chain, sees strong growth potential in Central and in Eastern Europe and wants to double the number of Czech and Polish businesses within five years. The first...
Read more
A mass of Hungarian pigs are carried to Romania
Date: 2009-08-06 00:00:30
At the eastern border of Hungary, Romanian purchases and deliveres a large mass of Hungarian pigs often on the back seats of Dacias, to get support after a few months...
Read more
Wine reform comes soon
Date: 2009-08-05 00:09:00
The second phase of the EU wine market reform in Hungary started in early August. The relevant EU legislation is already available in two weeks – said Csaba Horváth, Secretary-General...
Read more
MasterCard: credit card is popular during the crisis
Date: 2009-08-05 00:07:00
Despite the difficult economic situation MasterCard Europe has reached a significant increase in many areas. In the second quarter of this year, MasterCard cardholders bought more with their card than...
Read more
Most people want the taxation of luxury items
Date: 2009-08-05 00:06:00
Most people would fill the loss of state revenues with the taxation of luxury items, while consider the financial sector and the car industry more negative. According to the survey...
Read more
Pepsi purchased bottling plants
Date: 2009-08-05 00:05:00
PepsiCo Inc. has purchased its two large bottling plants, the Pepsi Bottling Group (PBG) and the PepsiAmericas, (PA). The two companies have a total value estimated at 7.8 billion dollars....
Read more
French farmers have to pay 330 million euros back
Date: 2009-08-05 00:04:30
According to the decision of the European Commission the French fruit and vegetable producers should pay back unfair state aid received between 1992 and 2002. Agricultural Minister Bruno Le Maire...
Read more
Hungarian subsidiary of poultry breeder Aviage expands its production capacity
Date: 2009-08-05 00:04:00
According to the informations of World Poultry, the Hungarian subsidiary of the world's leading poultry producer is preparing to expand its production capacity. The company plans to build an another...
Read more
Slovakian tourism affected badly by euro
Date: 2009-08-05 00:02:00
According to the participants of Slovak tourism and retail, the strong euro discourages the Czech, Polish, Hungarian and Russian tourists. In the first six months of the year retail and...
Read more
Pernod Ricard: responsible alcohol consumption with the champaigne of Formula 1
Date: 2009-08-05 00:01:30
The bid of G.H. Mumm champagne was closed last Friday. The 3 liter limited series bottle with the signatures of the podium finishers of the Hungarian Grand Prix was purchased...
Read more
New Production Director at the Hungarian subsidiary of FrieslandCampina
Date: 2009-08-05 00:01:00
Szász József became the new Production Director from 1st August 2009 at the Hungarian subsidiary of the world's largest dairy company, the FrieslandCampina. The 38-year old, has been working in...
Read more
The SME prosperity index of Ecostat has improved
Date: 2009-08-04 00:12:00
According to Ecostat’s prosperity index; the expectations of domestic SMEs, became better. The production forecast, for the next quarter is the best since last October; 22 perccent of the companies...
Read more
Six times more import milk arrives to Hungary than before the EU connection
Date: 2009-08-04 00:11:00
At the beginning of the year, the purchasers gave 90 HUF per liter for high-quality milk, now only 59 HUF. According to experts the purchase price was reduced because there...
Read more
United States – the manufacturing index is nearly 50 points
Date: 2009-08-04 00:10:00
Due to the improved sales outlooks the pessimism of the manufacturing companies decreases in the U.S.: the purchasing manager index of the ISM Institute rose from 44.8 points to 48.9...
Read more
German retail is not in a very promising position
Date: 2009-08-04 00:09:30
In contrast to expectations, German retail sales were significantly reduced on monthly basis in June and even the 0.4 percent increase of May was modified to a 1.3 percent decrease,...
Read more
A large decrease in traffic at the restaurants of Lake Balaton
Date: 2009-08-04 00:09:00
The operators of the restaurants reported a 15-20 percent traffic decrease compared to the previous year, but there were operators who reported third less guest, than last year. On the...
Read more
The majority wouls spend more on environmentally-friendly products next year
Date: 2009-08-04 00:06:00
According to the results of WPP Group's more than 5,700 people asked, involving seven-countries survey, that showed that despite the recession and the higher prices, it is worth to buy...
Read more
Moderate profit at Metro, after the lossmaking first quarter
Date: 2009-08-04 00:04:00
The largest German retail network, the Metro AG reported a 48 million euros after-tax profit from the second quarter without minority shares, instead of the 453 million loss of the...
Read more
Chances for Agriculture during the crisis
Date: 2009-08-04 00:03:00
Although the financial and economic crisis put a big impact on agriculture, according to experts, the crisis also has significant potential in the sector. For example crediting agriculture is less...
Read more
Tesco introduces electronic shelf labels
Date: 2009-08-04 00:02:00
Tesco Budaörs will introduce automatically updated shelf labels from 15 August. About 44 thousand shelf labels will be replaced in Budaörs. With this, Tesco will take place among the chain...
Read more
Labor control at Lake Balaton
Date: 2009-08-04 00:00:00
Irregularities had been found at 87 percent of employers and 71 percent of employees during a control action of the the National Work and Labor Inspectorate at Lake Balaton. The...
Read more
Nielsen’ Consumer Confidence Index reached its peak in July
Date: 2009-08-03 00:09:00
According to Nielsen market research company’s usual monthly survey; after the 37 points nadir of March, measured 48 points of consumer confidence, which is the highest result of the year,...
Read more
