News and articles

Alaszka Ltd. bought Éléskert

The ownership concentration between the member companies of Real Food Hungaria Ltd. continues. The Debrecen based Alaszka Ltd. recently acquired 100 percent ownership in the Éléskert Ltd. of Gyula. The...

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The SPAR on the 18th Budapest International Wine and Champagne Fest

The SPAR Hungary Ltd. will be the main sponsor – just like the previous years – of the 18th Budapest International Wine and Champagne Festival, which became one of the...

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Extra tax can hit the carbonated soft drinks in the U.S.

There is a growing demand in the United States, that the federal government should impose a special tax to reduce the excessive consumption of junk food and carbonated soft drinks....

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Hungary’s food retail increased in value, but decreased in volume

According to Nielsen market research company; the amount of food retail turnover in the second quarter in nine developed European countries as well as in Hungary, had been reduced, compared...

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Low wheat prices

According to Vancsura József, President of the National Association of Cereal Growers the wheat prices are 20-25 percent lower, compared to the same period of last year. In addition, there...

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Decreasing occupancy rate in hotels, all over the world

According to the datas published by STRGlobal; with an average, nearly 12 percent decline occured at the world's hotel occupancy rate in the first half of the year. London had...

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Stagnating fast-food restaurants

The turnover of the largest fast-food restaurants stagnating, compared to the previous year in Hungary. McDonald's, and Burger King do not expect significant changes, so the companies are forecasting similar...

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Cadbury would not let to be purchased

The U.S. food group Kraft Foods, made a 16.7 billion USD bid for the purchase of the British Cadbury confectionery industry company. The proposed deal would allow annual savings of...

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Raiker joined to Real Hungária Drink

New participant joined to the Real Drink Hungária Ltd. Budapest. One of the biggest wholesale beverage business of the Central Hungary region, the Raiker Ltd joined to the Real Drink...

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The sugar factory in Kaposvár was renovated from half billion

Nearly one-third of the annual domestic needs of sugar is produced in Kaposvár. Five hundred million HUF was spent on the renewal of the sugar factory of Kaposvár. Hájos László,...

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Karstadt bankruptcy can cause a wave of store closures

Store closures wave can hit Germany in the forthcoming years, because of the bankruptcy of Germany's Karstadt chain of stores and its parent company; Arcandor. According to experts, about two-thirds...

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Artistic creativity and modern technology in the new Nestlé Chocolate Center

Nestlé Development Center has opened today in Broc Switzerland. In the new center built from 25 million Swiss francs investment will take place the development centre of Nestlé premium and...

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Szabó Edit became the new BTL division leader at POP – Rafinanz

From 7th September Szabó Edit is the BTL director of Rafinanz Service Agency who was the event director of VAM Design Center previously. Szabó Edit started her professional career in...

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Hungarians chose Balaton as domestic and Greece as foreign destination

The C-Travel.hu travel portal made a comprehensive analysis about the tarvel experiences of this summer, processing 14,000 requests, that the users launched through the site to hotels and travel agents...

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Next year world economy will increase and perhaps domestic economy also

According to IMF's updated forecast for this year; the performance of the whole world economy will be below 1.3 percent compared to last year, but next year global GDP will...

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Nyírbátor became one of the European production centre of Unilever

On 4th September a 9.7 million euros investment officially completed in Nyírbátor, which increased the capacity of the local Unilever factory by 60 percent. The one year-long development and conversions...

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The greenest Tesco has opened in Dunakeszi

Tesco hypermarket chain’s newest unit which became the greenest Tesco, with its environmentally friendly design and construction with a unique energy-saving indicators, in Central Europe is waiting its customers in...

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Spa development for three billions

With the building of an indoor spa and with the transformation of summer swimming pools 3 billion HUF investment was achieved in Sárvár. European Union assumes the 30 percent of...

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Gyulai Meet Factory: perhaps there is a buyer perhaps there is not

Speculations are continueing about the future of the Gyulai Meet Factory. The hvg.hu was informed from a person – from the circle of ownership, requesting anonymity – that talks are...

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Tesco supermarket opened in Szolnok

Tesco's new energy-efficient store in Szolnok was built with a wooden structure and wood cover outside. The environmentally friendly design and construction, further enrich the range of Tesco's energy stores....

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Tokaj Trading House will came up with novelties

On the wine presentation of Tokaj Trading House, Kiss István, CEO of the company, reported about the last year results and this year's plans of the company. This year, due...

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Bodri Winery started serious development

Szekszárd based Bodri Winery is building new bottlers, ripening and wine storage with a net investment of 730 million HUF. The investment has won 50 percent support of the European...

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Electro World – only for one euro

According to the Warsaw Business Journal; The British DSG International sold its loss-making Electro World chain in Poland. The network of eight businesses was bought by IDMSA at a nominal...

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Nielsen’s Consumer Confidence Index repeated its July results

According to the survey of Nielsen Market Research Company; In August, the consumer confidence index retained its highest level this year, the 48 points of July. After the March nadir...

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KSH: Faster decline in imports than exports

According to the Central Statistical Office (KSH), during the 2009 January-June period, the volume of exports decreased by 20 percent of imports by 25 percent, compared to the period of...

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Seeking for cheaper products in a growing number of businesses

According to the joint study of Boston Consulting Group (BCG) and GfK Hugária; Hungarians adapts to the economical crisis a special way, so the Hungarian market, therefore, should be managed...

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Eurozone retail trade fell unexpectedly in July

Based on the data released by Eurostat, during July retail sales decreased by 0.2 percent within the euro area, after the stagnation of June. Analysts expected a 0.2 percent increase....

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Hot Kitchen Cook World Cup for the second time

The Central European Finals of WACS Global Chef Challenge of Hot Kitchen Cook World Cup will the most outstanding program at this year's Hoventa exhibition. The best Dutch, German, Czech,...

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More food is imported each year

According to Agrármonitor; In recent years the proportion of imported food has significantly increased in Hungary, so the experts are now estimate that it is exceeds 30 percent. Between 2000...

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The 500 largest companies of the region – the Hungarians are in better position

Manager magazine publishes – with the contribution of Coface Hungary – the list of the Top 500 Central and Eastern European companies.The Top 500 list publishes the ranking of the...

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