News and articles

Bitter sugar confectionery: price increases are to come

In times of the crisis chocolate improves mood, but the producers are threatening with world price increase, because the sugar and cocoa prices rose into the heavens on the world...

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The purchase of apples will start from 11 HUF per kilogram

Agrana Juice Hungary Ltd. owning the majority of the market, started the purchasing of apple in Szabolcs-Szatmár-Bereg County. The Austrian company pays 11 HUF (4 eurocents) for the fruit to...

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Almost one hour work for a Big Mac in Budapest

In the world's boomtowns one has to work for a Big Mac for an average of 38 minutes. In Tokyo only 12 minutes, nearly an hour in Budapest and 158...

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Households saves because of the crisis

Nearly three-quarters of households restrained spendings because of the recession. Most of the households save on holiday, clothing, entertainment and culture – reported Népszabadság the assessment of BellResearch research company....

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The Global economic climate indicator improves significantly

According to the Munich based Ifo market research company, in the third quarter the global economic climate will continue to improve, especially the six-month expectations appear to be promising. IFO’s ...

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Tesco – new banking services

Tesco supermarket chain widens the scope of its financial services and aims the full range of retail banking activities. Tesco recently announced, that 800 new jobs will be created in...

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Euro-zone’s industrial orders improved on monthly level

Far beyond the preliminary expectations; Euro-zone’s industrial new orders stock level increased by 3.1 percent in June on monthly level, after the 0.5 percent decline of May. Only 1.7 percent...

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HÍR-es taste days in the Vajdahunyad Castle

In the organisation of Agrármarketing Centrum (AMC), the HÍR-es taste days will be held for the second time in the Vajdahunyad Castle between 29-30 August 2009. The main goal of...

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Unilever: hot ice cream against climate change

The market leader, Unilever fight with special tool against global warming: the company plans to produce an ice-cream, which will be sold at room temperature and buyers will frozen it...

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Aldi wins in the U.S. market

Aldi can be among the big winners of the crisis: The German retail chain – famous for its low prices – can become a major player in the U.S. market,...

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Small beer breweries suffered huge market loss

The turnover of small beer breweries decreased by four-fifth, this year compared to the datas of the previous year. In the mid 90s 340 small breweries were in Hungary, now...

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Penny Market: more than 200 thousand people in the loyalty club

Penny Market launched a loyalty club in June, which now exceeds 200 thousand members. The “Penny Fan Game” offers three chances of winning for every customer who requires the card...

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Market in the U.S. garages

Because of the economic crisis and the rising unemployment rate, garage markets are in bloom in the United States. More people are forced to sell their beloved belongingsin order to...

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One purchases cheap food because of the crisis

The total turnover of the own branded products of the supermarket chains reached more than 165 billion HUF in the first six months of 2009 – states Nielsen market research...

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Ninety percent use Internet before shopping

According to the survey of Google; almost 90 percent of the Hungarian consumers are using the internet before buying a product. About half of the users are browsing on price...

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Holiday checks made up 9 percent of the income of accommodations last year

Acording to Central Statistical Office, holiday checks were used in a value of more than 21 billion HUF at commercial accommodation last year. Fourteen billion HUF was recorded at the...

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GKI’s economic index improves for four months

The economic outlook in August, has also improved. GKI’s economic index rising since May and already exceeds the value of last November. The expectations of each sector within the business...

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Hospitality is a success story

In the accommodation and hospitality sector the total value of investments were 58.4 billion HUF in 2008. This is 10.9 percent more in volume than in the previous year, while...

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World premiere at the Veszprém store of CBA Plaza

As the result of the cooperation between CBA, Coca-Cola and Szintézis, a new purchase advertising tool has appeared in the Veszprém store of CBA Plaza: the E-rail which is an...

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Tesco hypermarket opened in Berettyóújfalu

The 108 employees of the new 3,000 square meter complex, are waiting their customers seven days a week, between 6 am and 10 pm at Honvéd u. 13. The new...

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Wine Village cancelled this year

According to the communication of Wine Village Kht. because of the decision of the Budapest City Council's the succesful wine tasting summer end event will be cancelled. City Council wanted...

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Germany has not seen such a price decline since 1987

According to the datas of the German statistical office; the consumer prices decreased by 0.5 percent in July compared to the previous month, for the first time since the spring...

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Scottish wine can win over French wine

More than fifty French wine and food expert, wrote an open letter that called for action against global warming. Otherwise, Scottish wine can win the battle against French wine. Because...

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Online retail is crisis free

According to the datas of GKIeNET; more than 2400 online retail stores were operating in the first half of 2009 in Hungary. The turnover of these online stores has reached...

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Hungarian tourism still functioning – said Secretary of State

According to Ujhelyi István Secretary of State in the Prime Minister's Office; the economic crisis put smaller negative impact on tourism than expected. Revenues reduce less than expected. Tourism is...

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Germans optimistic before the next six months

German ZEW research institute’s prosperity, sentiment and business index for the next six month increased to 56.1 in August, from the 39.5 points July. This is the strongest improvement since...

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Even the dog food is consumed in hypermarkets

According to the companies selling pet-food world brands; only 3-3,5 percent increase was occured in volumes traded on the Hungarian market. According to Szórádi Gyöngyi, Secretary-General of the Hungarian Pet-food...

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Season at Lake Balaton finally started in August

According to the CEO of Balatontourist; there would be no complaint about this year's season at Lake Balaton. The next year looks even better if the Western tourists are returning....

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Spar bankrupted in Romania

According to Ziarul Financiar; Romanian Spar asked for bankruptcy protection. The court of Arad registered the company due to the request of the two main shareholders – Ioan Adrian Cuc...

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Pig became a bad investment

Pork became the second worst investment on the market, and even until the end of the year, it is expected to fall a further 33 percent on exchanges, compared to...

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