News and articles

Sixty-year old Tchibo celebrates with retro-cups

Sixty-year old Tchibo celebrates its birthday by handing out a collection of artistic retro-cups, designed by students of fine art. These new retro coffee-cups are available from April in a...

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Over 220 restaurants joined WineWednesday

More than 220 restaurants have signed up for this year's WineWednesday until 1st April. The event is going to take place on 29th April.The idea of WineWednesday had been inspired...

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The new Hilton-restaurant is preparing with a special bufet-menu for the Easter-weekend

The freshly opened Icon Hotel of Hilton Budapest is trying to surprise its old and new guests with a special Easter-program set. Consumers may spend a spectacular and cosy Easter-weekend...

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Tetra Pak Sales Growing to 8.8 Billion euros in 2008

Tetra Pak, a world leader in food processing and packaging solutions, has announced net sales of Euro 8.8 billion in 2008 – up 5 percent from 2007 in comparable terms....

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Spanish-Hungarian business relations to be strengthened at trade-show in Madrid

It is the first time that Hungary as an exhibitor took part in the Madrid-based Salón Internacional Del Club De Gourmets trade-show, between 30th March and 2nd April. Wines from Tokaj,...

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Chocolate-industry is not at all touched by the crisis

In spite of the deplorable economic conditions, chocolate-factories seem to profit from the crisis. Chocolate-manufacturers have managed to produce a 7 percent increase of yield in Germany, while American sales reports...

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Baby food experiencing the largest sales growth in the speciality food market

Baby food experienced the largest sales growth in the specialty food market between 2006 and 2008, according to National Association for the Specialty Food Trade. Specialty baby food generated $58 million...

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Pernod Ricard forced to sell Grönstedt to Altia, instead of Arcus

Even though Pernod Ricard agreed to sell three brands to Arcus, competition concerns have forced the company to remove Grönstedt from the deal and sell it to Altia instead. The...

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A 20 percent decrease of oilseed products

Oilseed production is expected to decrease by approximately 20% in the 2009/2010 marketing year partly due to an expected decrease in sunflower seed area and lower yield. All major oilseeds...

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Increasing price of living pig and import-competition getting stronger

Moreover, there is an increase of meat-prices and the prices of meat products, and import-competition is getting stronger and stronger.  The annual Easter-time meat-breakfast organized by the Hungarian Meat-Industry Association...

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Product exchange at Henkel Hungary

Henkel Hungary announces toiletcleaner-exchange action because its product 750 ml Bref Tornado Gel toilet-cleaning gel came out in package with faulty bottle-cap and therefore opens too easily.  Although only a...

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95 employees dismissed at Electrolux Lehel Ltd.

In 2008, Electrolux Lehel Ltd. experienced a drop in demand, which accelerated at the end of the year, and thus the refrigerator-factory of Nyíregyháza had to dismiss 95 employees –...

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Service provider segment not ready for hotels' needs

Although there appears to be a strong need for hotel-related jobs, Hungary's service provider segment to perform these tasks as expected is still rather scant. Expenes of hotel operation are...

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SIÓ is the most trusted Hungarian brand

SIÓ-ECKES Ltd. is considered to be one of the most creditable Hungarian brands, according to Reader's Digest's Trusted Brands 2009 survey.   Reader's Digest Trusted Brands is an annual consumer...

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New supermarket by SPAR Hungary Ltd. in Nagykőrös

A new supermarket by SPAR Hungary Ltd. has opened on 2nd April, in Nagykőrös. The new store is the first SPAR-unit of the city, and the 393rd supermarket of the...

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ProWein 2009 Exceeds all Expectations

Optimism reigns in the global wine and spirits industry as was witnessed this week at the ProWein International Wine and Spirits trade show held in Duesseldorf, Germany, March 29th –31st....

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Profi Romania reports 45% sales growth in 2008

Louis Delhaize’s discount chain in Romania reported total sales of EUR120 million in 2008, accounting for 45% year-on-year growth, Piata magazine reported.   “We had an excellent year in 2008:...

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Health-tourism is about to become the most popular branch of tourism

A congress started on 1st April, placed in Budapest's Széchenyi Thermal Bath is focusing on the increasing possibilities of health-tourism.  Wellness, spa and massages – according to predictions by UNTWO...

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Energy-drinks appear to be crisis-resistant

In spite of the crisis, a bustling trade can be seen in the energy-drink retail-sphere. Retail volume faces a 31 percent expansion value-wise, whereas a 42 percent increase when it...

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Hilton Budapest's new restaurant opens in Spring

Hilton Budapest is about to open a new restaurant with a view to the House of Parliament and the Halászbástya on 11th April. The new restaurant is called ICON and...

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New icons of the Coke Club – MTV Icon concert-series published

The new icons of the Siófok based Coke Club – MTV Icon concert-series are three Hungarian music-legends: Hungária, Demjén and Edda.   A new feature of the event is that...

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Go to work by bike, with SIO-ECKES

SIÓ-ECKES Ltd. is trying to call attention to environment-conscious lifestyle by giving their program „Go to work by bike” a wider publicity.   The main goal of the program started...

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Food sales price grow by 2.8%

According to Central Statistic Office Domestic sales prices of industry rose by 2.4% in February 2009 compared to the previous month and were 6.6% higher than in February 2008.  ...

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Starbucks expanding in Bulgaria

'Green-white' café chain has opened two more cafés in Bulgaria, in Sofia and Bourgas.  The international café chain entered Bulgaria four months ago, opening its first outlet in Sofia. The...

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ALDI feels weaker demand for non-food goods in the UK

Hard discounter Aldi is celebrating the opening of its 400th UK store this week. The retailer is feeling the effects of the recession in the UK, with sales growth dipping...

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Vending-machines trying to revolutionize pizza-industry?

A vending machine that bakes fresh pizza in minutes for a few euros – a device developed with help from British-Dutch group Unilever is about to be launched within a...

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Holló Maxi Coop ABC to open in Polgár

The store is 670 square metres and features items of over 30 million HUF, with sixteen employees and a free parking lot. Albert Makó, CEO of Polgár és Csege Coop...

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The latest downgrade may have serious consequences for the market

Hungary's sovereign debt is just a step away from falling to junk status, after the latest downgrade by Standard & Poor's, American business magazine Forbes pointed out on Tuesday. S&P...

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Keeping stores close would save more workplaces

Fewer workplaces were forced to close if stores would not open on Sunday – the trade union of commercial clerks (KASZ) claims.  SZ-president József Sáling pointed out that keeping stores...

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Pasta-specialities for half-price on Pasta Wednesday

Pasta-specialities created by master cook Frigyes Vomberg are open to public with a fifty-percent discount on 13th May, within the compass of Gyermelyi Tészta's special event called Pasta Wednesday.  More...

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