Luxury item: new and limited, yet available in Hungary

Luxury item: new and limited, yet available in Hungary

Breitling is pleased to unveil its iconic Chronomat 01 watch in a limited edition of 2,000 pieces sculptured in steel and 200 pieces in rose gold. The Chronomat 01 joined...

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The Netherlands commits to using only sustainable palm oil by 2015

By the end of 2015, all palm oil used in The Netherlands will be sustainable, as certified by the Roundtable on Sustainable Palm Oil (RSPO). All palm oil suppliers and...

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Dr. Oetker to help victims of the redmud-catastrophe

Dr. Oetker Magyarország Élelmiszer Ltd. is trying to help the victims of the redmud-catastrophe with a significant amount of financial aid. The company is sending their aid via the Baptist...

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The medieval abbey basement of Köröshegy is to let

Csaba Deckner decided to start the reconsruction-works of the abbey basement of Köröshegy three years ago. The picturesque, 100 m2 basement is to let now. PIctures and more information: http://dl.dropbox.com/u/6567667/pince1.ppt...

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Sara Lee is about to sell bakery to Grupo Bimbo

Sara Lee Corp is close to selling its North American bakery business to Mexico's Grupo Bimbo in a deal that could fetch $900 million to $1 billion, Bloomberg pointed out....

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‘It is ending precisely now…’ (Part 4)

This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Last time we examined...

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Scotch Whiskey export on its ten-year peak

Scotch Whiskey export broke its ten-year peak, largely due to the sales increase in the emerging countries. According to the datas of the Scottish Association of Whisky Manufacturers; between January...

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660 billion ‘’turnover’’ in the black market of food

If the government would repel the black market to one third, significantly more tax could income than the revenues from the crisis tax – states the National Trade Association (OKSZ)....

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Improving industrial production

In September, industrial production increased by 0.5 percent compared to the previous month, the annual improvement was 10.9 percent – the Central Statistical Office reported. The sector remains the driving...

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Starbucks ends packaged coffee deal with Kraft Foods

Starbucks intends to end its 12-year-old deal with Kraft Foods to have more control over its distribution. A month ago Starbucks informed Kraft of its intention to end that distribution...

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Banking service by UniCredit Bank for entrepreneurs

A service by UniCredit Bank is the so-called Hitelauzomata extra overdraft, mainly for entrepreneurs. UniCredit Hitelautomata Extra is a special current account overdraft facility with which you can quickly and...

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Starbucks almost doubled its profit

Despite the high coffee prices the world’s largest café chain, the Starbucks nearly doubed its profit. The company increased its profit from 150 million USD to 278 million USD. Revenue...

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Biofach 2011: more than 15 Hungrian exhibitors at the tradeshow

More than 15 exhibitors will take part in next year's Biofach trade show in Nuernberg – Márta Némethy Hungary-based spokesperson of the tradeshow announced. Here are the details of the...

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More harvested Aszú than it was expected

The Tokaj Trading House bought threefold of the expected quantity, thanks to favorable Autumn weather. According to Kiss István, CEO of the Tokaj Trading House; this year’s vine harvest is...

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The INTERSPAR outlet of Tatabánya went through major reconstruction

A ten-year old INTERSPAR outlet in the town of Tatabánya went through major reconstruction in the past few weeks, and opened its gates on 3rd November this year. The new...

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The Arena Centar in Zagreb is a TriGánit investment

The opening of Arena Centar Croatia's largest construction is completed. The Arena Centar can be found in the South-west of Zagreb, beside the Zagreb Arena. The leading brands of the...

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Pálinka festival to be cancelled this year

There will not be Pálinka festival under the arcades of the Ministry of Rural Development this year. According to the Tuesday communication of the Ministry of Rural Development, that was...

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In September euro zone’s retail weakened further

The euro zone retail sales despite an expected slight growth, began to decline in September, which shows the vulnerability of household demand. According to the datas of Eurostat; retail sales...

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Russian ban on frozen chicken

From the 1st of January 2011, Russia will introduce a comprehensive ban on producing and marketing of frozen poultry meat – announced Gennady Onyiscsenko leader of the consumer protection supervision...

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Magazine: Retailers are fighting for those with a low income

Dollar (Dollar General, Family Dollar and Dollar Tree) stores’ popularity is growing and recently Wal-Mart and brand manufacturers also started focusing on shoppers with a low income. Previously Wal-Mart refused...

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What you can eat today… about healthy lifestyle programs

In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...

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Milk Marketing Board: Auchan and Tesco sold milk under the milk purchase price

The Milk Marketing Board turned to the Central Agricultural Office, because they suspect, that Auchan and Tesco sell milk under the milk purchase price, while it is well known that...

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Next year, bread may be made of expensive imported flour

According to the Bakers; Hungary may run out of domestic wheat for the end of the winter and it is conceivable that Hungarian bread will be made of U.S. import...

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Törley among the best Hungarian brands

The 50 best companies of the MagyarBrands top 50 list has been chosen for the first time this year. The toplist has been compiled on the basis of the received...

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Unilever: 3.5 billion euros profit between January and September

Due to the dynamic performance of the emerging markets, Unilever has reported about rising business results again in its third-quarter report. One of the largest participant of the global FMCG...

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Domino is preparing to open one thousand pizza stores in Germany

The U.S. pizza chain, Domino is preparing to open one thousand pizza stores in Germany in the forthcoming years. The first Domino pizza shop will be opened in Berlin this...

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The Gold Plaza opened in Nagybánya

The Futureal Group opened Northwest Romania's first modern shopping and entertainment center in Nagybánya (Baia Mare). The Gold Plaza was carried ot with a 70 million euros investment. The shopping...

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Tesco is looking for local suppliers

The supermarket chain organizes a Regional Supplier Forum in Pécs, on the 18th of November. Tesco awaits the SMEs of Baranya, Somogy and Tolna county to the forum, mainly companies...

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Skanska starts work on Budapest’s greenest office project – invests EUR 32.5 M, about SEK 300 M

Skanska is developing a new office property with a strong environmental profile in Budapest, Hungary. Skanska’s investment amounts to EUR 32.5 M, about SEK 300 M. The office property, which...

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