News and articles

Oriental Herbs Ltd. challenges against the GVH’s decision at court

Oriental Herbs Ltd. tea distributor asks the court to change the decision of the Competition Authority (GVH). The tea distributor was fined by Competition Authority 7 million HUF for consumer...

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Auchan protects endangered sharks

Le Figaro reports, that Auchan is the first international company that fully abolish the distribution of endangered shark’s meat throughout the network, including canned and frozen products. The customers can...

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Anuga in October again

This year, the Agricultural Marketing Center will appear with three stands at Europe's largest food exhibition, the Anuga of Cologne, which will be held between 10th and 14th October. The...

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KSH: there is no sign of turning point in tourism

According to the Central Statistical Office (KSH); in the first 8 months of the year, the number of foreign guests decreased by 12, the number of domestic visitors decreased by...

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METRO competes for the most beautiful stand of HOVENTA title in 2009

METRO Trading Ltd. is one of the oldest participant of the exhibition. The important categories of the company Horeca partners, will get place at a new concept stands as usually....

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Food industry aid on the horizon

Within the course of the New Hungary Rural Development Program (UMVP), new food industry supports will be launched, in order to support increasing values of agricultural products. The projects focuses...

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Christmas can glitch in its past glitter

It seems that the supermarket chains now expect that the crisis will be end for Christmas. Marks & Spencer, for example, expects such a traffic increase that the chain will...

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Merian canning factory will not be closed

The canning factory of the Orosháza based Merian has been saved. Dr. Varga Jenő, the liquidator of the Merian Ltd. of Orosháza informed the affected 300 workers. The agrárhírek.hu was...

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Romanian retail shrinks, although with decreasing tempo

According to Bucharest Statistical Office; The Romanian retail trade turnover declining with a smaller rate, for the second month. The willingness of public spending is also hindered by the slowdown...

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Novelties from Cherry Queen

The market leading brand of alcoholic desserts, the Cherry Queen will appear with new design, new flavors and with two new special products on the market. The previous presentation will...

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Searching for tomorrow’s breakfast in Switzerland

The joint venture of Nestlé SA and General Mills, Cereal Partners Worldwide (CPW) specializing on cereal products – announced recently, the opening of a new innovation center in Orbea Switzerland....

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Tokaj: the forgotten wine region

If the prize for the world’s best forgotten wine region would be issued; Tokaj wine region could easily win – appeared in The Los Angeles Times. In the gastronomic section...

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Another crisis can hit the economy

According to Coface Hungary Credit Rating; This year's poor financial numbers will only appear in next year’s business ratings and more companies will enter to a worse category. In recent...

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Hoventa Trade and Tourism Exhibition

The Hoventa International Trade and catering technology fair will take palce between 6th and 9Th October at the Budapest Fair Center. The participants in the tourism sector have to face...

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Tesco: over 1 billion profit in 6 months, with decreasing profit dynamics

Britain's largest supermarket network, Tesco recorded a 1.03 billion pounds net profit in the first half of the year. A 1.01 billion was the recorded value a year earlier. Reuters...

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Csányi Sándor: About the break out points of Hungary

The Hungarian innovative capacity exists, but can not be applied – states Csányi Sándor in a video interview of Figyelő. The OTP Chairman and CEO would put the emphasis on...

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Sodexo and the Hungarian Food Bank surprise the elder with dessert

In October, the Sodexo Hungary Ltd. will preapare dessert, from the materials provided by the Hungarian Food Bank Association to greet the elder, on the occasion of the Elderly Month....

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Gazprom innovates with Supermarkets

According to Russian business daily, the Kommersant; Gaztorgpromsztoj, one of the subsidiary of Gazprom, plans to open a supermarket and fast food chain. Gazprom would develop its already existing 400...

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Carrefour plans big steps in Turkey

Carrefour is planning the opening of 100 more hyper-and supermarkets in 2010 in Turkey, after the sixty scheduled for 2009 – announced the French retail chain. The retail chain also...

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The price of cocoa is on its quarter century peak

The March term cocoa prices increased to its 24 and a half year peak on Monday afternoon, because of the unfavorable outlook for the global supply. Investors worry of cocoa...

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Latin America's leading beer producer’s brewing business can be bought

A SABMiller and Heineken also interested in the purchasing of the brewing business of Mexican Femsa. The purchase price of the largest Latin American beer producer can be 7,5-8. billion...

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Improved Biopon washing powders from Henkel

The improved Biopon washing powders of Henkel containing easy ironing formula are available in the stores since October. According to a 2007 survey; 70 percent of the consumers required fast,...

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GfK: stable consumer confidence

According to the joint survey of GfK Hungária and the Corvinus University; consumer confidence appears to be stabilized. Beside the Consumer Confidence Index, the consumer expectations index also stagnates compared...

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Eurozone’s retail shrank less-than-expected

The euro zone retail sales decreased by 0.2 percent, instead of the expected 0.5 percent decrease in August compared to the previous month. Behind the positive data the minor boom...

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Pick delivers into Michelin-starred Japanese restaurants

The seventh time held Hungarian Weeks series of event, is very succesful in Japan. One of the main sponsor of the event is Pick Szeged Zrt. now for the second...

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Harvest can end until the end of October

So far, about 60 percent of the grapes were harvested by the farmers, so this year's harvest can last until the end of October. Because of the favorable weather conditions,...

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New shopping and entertainment center in Budapest

The Allee shopping and entertainment center will open its doors 11th November at the 11th district of Budapest.  "The shopping center will be opened on the official day of the...

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Hungary can export poultry from Bács-Kiskun and Csongrád counties again

The U.S. authorities terminated the import restrictions of the poultry, poultry meat and eggs of Bács-Kiskun and Csongrád counties. According to the American assessment, Hungary has the animal health control...

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Tesco opened a clothing Webshop

Tesco created a new clothing Webshop, paving the way towards further customer target groups. With this, Tesco entered into the market where such players can be found like Marks &...

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Tchibo offers first harvested Brazilian coffee speciality

Tchibo’s coffee experts harvest three times a year the first harvest of coffee shrubs for the production of Fresh Harvest products. The Tchibo Exclusive Extra Virgin appears in the Hungarian...

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