News and articles
Five buyers interested in Borsodi Brewery
Date: 2009-06-19 00:47:15
There's a great interest towards ABInBev brewing industry group's Eastern European breweries offered for sale, including Borsodi Brewery. ABInBev wants to sell eleven breweries in Bulgaria, in the Czech Republic,...
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Shrinking expo markets, but it is better than expected
Date: 2009-06-19 00:41:08
The economic crisis affected the exhibitions and the events as well. Less exhibitors, renting less exhibition spaces on fairs and on exhibitions. Downturn was 10 percent so far, however, the...
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Turnover increased by six percent at Auchan
Date: 2009-06-19 00:36:05
Both Auchan Hungary Hypermarket chain and its French parent company increased its turnover in 2008. The company's own branded products can be purchased from autumn on the domestic market. Auchan...
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SPAR opens a new supermarket in Mosonmagyaróvár
Date: 2009-06-19 00:35:05
SPAR Hungary Ltd. opens a new supermarket 18 June in Mosonmagyaróvár at AD Flexum department store. Meanwhile the company continues to expand its own branded products. The SPAR supermarket is...
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Economic Competition Authority enters 'VAT-war'
Date: 2009-06-19 00:34:01
Economic Competition Authority was informed that the from 1 July some retail businesses turned to its suppliers with a call for price reduction. Economic Competition Authority seeks to clarify the...
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Piarist wine 2009
Date: 2009-06-19 00:22:23
The Furmint of Count Degenfeld Vineyard and the Szürkebarát of Nyári Pince (Summer Cellar) has won the Piarist Wine title. The winners of the Hungarian Piarist wine competition will be...
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Almost 4 billion euros had been disappeared in the German retail market, last year
Date: 2009-06-19 00:18:12
Last year, 3.9 billion euros inventory shortage has been generated in the German retail market. Thieves are responsible for 2 billion euros, but the rest disappeared by the result of...
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Food and Agricultural World Forum in Budapest
Date: 2009-06-18 00:48:41
Between 20 and 23 June the Food and Agricultural Forum will be held in Budapest – stated Gráf József Minister of Agriculture. The event is entitled: “Global Challenges and Local...
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Budapest is the eighth most popular Conference venue
Date: 2009-06-18 00:42:37
Budapest moved to eighth place from the former twenty-fourth in the 2008 year ranking of the Union of International Associations (UIA) on the list of the most popular Conference venues....
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Meat business branch of Globus bought by Czech buyer
Date: 2009-06-18 00:39:52
Hamé of the Czech Republic has acquired the French-owned meat-processing department of Globus in Budapest, which had a turnover of 5 billion HUF last year. Because of the economic crisis,...
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Dry batteries must be collected back in stores
Date: 2009-06-18 00:35:14
Many operators of stores and shops, do not know that from 1 July it is obliged to take back the used dry batteries. If a business does not put out...
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Reduced VAT rate for the hotels
Date: 2009-06-18 00:28:55
Since July, not 20, or 25 percent, but a reduced, 18 percent will be the commercial accommodation sales tax – said Kovács István Secretary-General of the Hotel Association of Hungary....
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Social shops to open in Somogy
Date: 2009-06-18 00:25:03
The first social shop in Somogy will open in Balatonboglár on 26 June. Hopefully, customers can shop from the beginning of July in the social shop of Siófok and of...
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Season starts at lake Balaton
Date: 2009-06-18 00:12:52
The staff of Borsodi Brewery Ltd. have visited the points of consumption, to strengthen personal contacts and consider the deployment of products and mapped the preparedness of the restaurants and...
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Melon season started this week
Date: 2009-06-18 00:08:47
The high heat sweeten melons, so this year's crop will be tasty, but because of the drought and the scandals of last year's, volume will be less than normal. The...
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The cars of the costumers will provide power for the supermarket
Date: 2009-06-18 00:03:00
The British supermarket chain Sainsbury's eco-shop opens in Gloucester, will use the kinetic energy of the cars of the customers to supply the supermarket with electricity. The Sainsbury's placed tiles...
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Price increase has been stopped in the euro zone
Date: 2009-06-18 00:01:00
According to Eurostat's statistics of inflation, in May 0.0 percentage value was indicated in the 12 monthly consumer price index for the euro zone. On monthly basis, 0.1 percent inflation...
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Tetra Pak expects growing milk consumption all over the world
Date: 2009-06-17 00:37:00
One of the world's largest food processing and packaging company expects that by 2012 milk consumption will increase by 2.2 percent all over the world. The company's Tetra Pak Dairy...
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Only one-third part of the adults are willing to protect the environment
Date: 2009-06-17 00:26:00
Only one-third part of Hungarian adult population, are interested in the environment, as a subject. Similar proportions are those who say they are willing to do, to protect the environment...
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Optimistic German investors: the ZEW index reached 44.8 points
Date: 2009-06-17 00:18:00
German investor confidence in the economy increased to a three-year peak in June. The analyst did not expect such a good data. The ZEW has been index increased to 44.8...
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The turnover of Tesco increased by ten percent
Date: 2009-06-17 00:15:00
Tesco's turnover increased during the first quarter, primarily due to the increase in foreign sales. According to the the financial director of the largest UK network it is early to...
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New promotional offense of Házi Piros Paprika Kft.
Date: 2009-06-17 00:09:00
Using the experiences of the past years Házi Piros Paprika Kft uses integrated promotion campaign during the summer of 2009. A new creative design targeting a more modern target group...
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Rearranging of the hotel market
Date: 2009-06-17 00:07:00
The serious decline in the number of guests will result a serious rearrangement on the domestic hotel market. The three-or four-star hotels are likely to survive the crisis better, and...
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Amway did not affected by the crisis last year
Date: 2009-06-17 00:05:00
Amway distributor of household chemical goods and beauty items closed last year with a 15 percent increase with a 8.2 billion USD on international level. In Hungary, the traffic growth...
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Nestlé expands in Southeast Asia
Date: 2009-06-17 00:03:00
Nestlé plans an investment around 260 million Swiss franc in Southeast Asia. The world's largest food company plans to expand trade and production activities in the high-potential region. According to...
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The Kubu for health competition ended successfully
Date: 2009-06-17 00:01:00
The competition for primary school classes organized by the Kubu carrots and fruit nectars manufacturer Maspex Olympos Kft had been successfully ended. The aim of the competition held between 13...
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158 thousand businesses in Hungary at the end of 2008
Date: 2009-06-16 00:37:12
New stores were opened in all regions of Hungary last year, with a total of 137 thousand sqare meter basic area. The size of the national basic area has been...
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In case of cartel suspect, they firms have to demonstrate
Date: 2009-06-16 00:28:55
There is no international example of the modification of the Hungarian Competition Act. From now the sued companies have to prove, that their illegal market behavior put less impact on...
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Borsodi Brewery for sale
Date: 2009-06-16 00:25:53
The Belgian-Brazilian Inbev is selling 11 beer breweries in 7 Central European countries including the Borsodi brewery. The companies are producing 15 million hectoliters of beer per year. Inbev bought...
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VAT- war between the processors and retailers
Date: 2009-06-16 00:22:50
The National Food Processors Association reported to the Economic Competition Authority that the processors of the chain of stores want to force the supplier firms to a 4-6 percent reduction...
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