News and articles

The annual retail sales of ice-lollies are over 17 billion HUF

According to Nielsen market research company; over the past 12 months between July 2008 and June 2009 – the sales of ice-lollies excessed 17 billion forints in the organized retailing....

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Consumer prices increased 3.7 percent in June over a year

In June 2009 the average consumer price increase of the month was 0.1 percent. Compared to June 2008 prices increased by 3.7 percent. In the first six months of this...

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There will be a shortage of Hungarian milk soon

Because of the crisis of the dairy sector, producers sold ten thousand breeding animals in the first part of the yaer, more than the whole of last year – said...

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Two hotels of Budapest are on the top list

Two hotels in Budapest are on Travel + Leisure magazine's European hotel top list of this year. The Marriott Hotel became 3rd in the category of urban hotels over hundred...

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Volt Fest and Balaton Sound – at least 270 million revenue

According to preliminary calculations the Balaton Sound Festival held in Zamárdi closed with a 50 percent growth since last year excessing a 200 million HUF . A week earlier Sopron's...

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In Hungary, there are still a high proportion of those who do not have capital

While inWestern Europe and the in the U.S.A. the proportion of investors, has been increased, in Central and in Eastern Europe many people do not have any investment. In Hungary...

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Hungarian companies are at the forefront on the basis of CSR rating

According to Braun & Partners Network's research on the Hungarian and Polish companies in Hungary, Poland, Romania and Bulgaria, Hungarian and Polish companies has the best CSR performance. The Top100...

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New SPAR supermarket opened in Hajdúszoboszló

SPAR Hungary Ltd. opened a new supermarket in Hajdúszoboszló on 15th july 2009. The new store is the city's second SPAR unit and also the group's 396th business. More stores...

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One billion VAT cheat disguised with cereal trade activity

According to APEH press executive; a VAT cheat excessing one billion HUF has been uncovered by the auditors of the Southern Great Plains Regional Board of APEH. The investigation found...

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New packaging for Cappy Ice Fruit

The typical taste of Cappy Ice Fruit will be coupled with an absolutely new modern design in the cases of the 0.5-liter and 1.5-liter packs. Thanks to the exciting design...

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Newspapers, radio, magazine then TV, is the sort of trust in traditional media ads

In order, Hungarians trust in adverts of newspapers, radio and TV among the traditional media ads. In Europe, Television is leading in front of the newspapers. According to Nielsen 's...

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Consumers' expectations are on top

After the turning point of May, for the third consecutive months, the seasonally adjusted volume of the GKI consumer confidence index is increasing. Although the improvement of July is minimal,...

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Surprisingly price decline after VAT increase

According to Privátbankár.hu; the consequences of the VAT increase do not appear in the prices of the stores, prices even decreased. The value of the price basket of the internet...

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Value Creation Award focuses on nutrition, rural development, drinking water

The Common Value Creation Award of Nestlé provides a support in a value of 500,000 Swiss francs to the successful applicant, who offers a concrete solution to the access of...

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The ice-cream and ice lolly consumers not only like traditional flavors

Chocolate still the most favourable among the traditional flavors of ice cream consumption, but more and more new flavors appears among the favorites, such as foam ice lolly and pine...

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POS Media became Business Superbrands

In July, POS Media Hungary has been awarded the Business Superbrands 2009 status and entered into the best brands of business sector (B2B). In 2009 now for the fifth time...

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Stella Artois became Superbrand for the fifth time

Stella Artois – as each year – has won the Superbrand Award, now for the fifth consecutive time. The Superbrand is the world's leading brand building system, which rewards the...

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Sufficient fruit yield, consumer prices are not high

Despite the natural disasters domestic fruit yield, will not be bad. European yields keeps prices real. Thus, neither the purchasing nor the consumer prices are not too high. The peaches...

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More than 100 artists applied for the Henkel Art. Award. 2009 Prize

Henkel Central Eastern Europe (Henkel CEE) announced the eighth time this year, the Henkel Art.Award. international application, which is the only comprehensive arts prize support in 31 countries of Central...

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Hungarian Maltese Service will get 10 HUF after each sold Vanish product in July

The manufacturer of Vanish, the Reckitt Benkiser in the course of the “free of blemishes gift program” offers 10 HUF to the Hungarian Maltese Service after each sold Vanish product...

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Retail sales decreased by 5 percent

In the view of the traders, the increase of VAT rate and excise taxes even more decreases public consumption – stated Feiner Péter, President of the National Trade Association (OKSZ)...

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Baths join forces

The leaders of the baths of North and the South Plains, Transylvania and Vajdaság have signed a cooperation agreement. The objective is to get a greater slice from the European...

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Half billion HUF fine because of misleading the consumers

For misleading the consumers 500 hundred million HUF fine has been imposed by the Economic Competition Authority this year. Compared to last year's 700 million HUF fine for the full...

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Chemicals found in organic products

The EU's food safety agency, the EFSA found pesticide concentrations higher than the permissible limits in 1.24 percent of vegetables and fruits derives from organic farming. The Parma-based organization has...

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End of recession in Europe's largest economy

According to the Ministry of Economic Affairs in Berlin; after a historic drop of one year, in the second quarter of the year, the shrinking of the German economy has...

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McDonald's moves to Switzerland

McDonald's is going to transfer its registered office from the United Kingdom to Switzerland, due to the more favorable tax rules, relating to intellectual property. The new center will be...

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One-third less cereals, means a loss of 60-80 thousand HUF per hectare

According to Vancsura József, President of the National Association of Cereal Growers; Due to the the drought, and the rainy, stormy weather in the last year it is expected that...

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Russian poultry center with Hungarian technology

With an approximately 26-28 million euros investment, a duck and goose breeding base center will be set up in Russia, Bashkiria, using Hungarian techniques – announced Bárány László, President of...

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Twenty billion dollars to the african agriculture

The world's economic superpowers will provide a 20 billion USD aid for agricultural developments in poor countries – agreed the participants of the G8 meeting. The three-year grant which will...

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Hypermarket growth expected to continue across India

The expansion of hypermarkets across India is likely to continue unabated, according to a new study, which said about 315 new such outlets could open in Tier I and Tier...

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