News and articles

The European commercial real estate market is recovering

Businesses were carried out on the European commercial real estate business market in a value of 26.7 billion euros in the first quarter, 26 percent more than a year earlier...

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Coca Cola's result increased

The first-quarter result of Coca-Cola Co. is smaller than expectation of the analysts, however it is only smaller by one cent per share. The result was worse this year, because...

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French dairy group would buy Parmalat

The French Lactalis dairy group announced a takeover bid in a value of 3.4 billion euros for the Italian Parmalat. Berlusconi's government want to keep control of the domestic company....

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The mayor of Debrecen is negotiating over the saving of the meat plant

Kósa Lajos is negotiating with the management of the Debreceni Csoport, in order to save the meat plant of the city. The Slovak-owned company closes the second factory in late...

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Fornetti expands in the Istanbul subway

Fornetti opened a total of 23 stores in the Istanbul subway, adapting to the Turkish gastronomic culture in its offer. Fornetti uses an expansive market policy in Turkey, this time...

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Consumer confidence improved in the world's largest economy

In April, the value of Conference Board's consumer confidence index increased to 65.4 points from 63.8 points, which is a slight positive surprise, because the analysts' consensus was 64.4 points....

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Environmentally-friendly compost from Auchan

As the result of a long preparatory process, from the spring, the green waste generated in the Auchan stores does not increase municipal waste but it will be composted –...

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This year, the amount of the cafeteria decreased by ten percent

This year, the amount of the average cafeteria decreased by 10 percent compared to 2010. The average became 276,842 HUF – shows the latest survey Nexon Ltd., which was also...

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B(or) to B – wine to business

At the end of the last decade it was recession and the new one starts with a bad vintage: winemakers, retailers and restaurateurs need to cooperate to survive hard times....

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More than 1000 tons of smoked items were purchased in Tesco

Typical seasonal Easter-food proved to be more than popular at Tesco this year. More than 99 percent of the ham-products were of Hungarian origin, and customers had a wide range...

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Tetra Pak to cap carbon emissions, further responsible sourcing, increase recycling and pursue sustainable packaging

Tetra Pak today announced that it plans to cap carbon emissions at 2010 levels by the end of 2020 and increase efforts to double the recycling rate for used beverage...

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99 percent of Hungarian companies may find the new online portal helpful

The website kkvguru.hu is an online center where leaders of small and medium-sized enterprises can get practical advice and up-to- date information. In the European Union, 99.8 percent of enterprises...

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New coffee on the shelves

The product family NESCAFÉ® Dolce Gusto® has a new member now: a deliciously smooth everyday roast & ground coffee; enjoy black or with a splash of milk. 100% arabica roast...

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mproving expectations on business real estate markets, stagnating residential market

In April 2011 the GKI Budapest Real Estate Market Index shows significant improvement compared to the previous quarter. Expectations on every business real estate segment improved. There is no light...

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KSH: retail trade stagnated in January and February

According to analysts polled by MTI, significant improvement in retail sales in the forthcoming months is not expected. According to the datas of the Central Statistical Office (KSH); retail sales...

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Improved food security before Easter, compared to last year's results

On the basis of the preliminary results, situation continued to improve, compared to the last year by approximately three to four percent – said Kardeván Endre, Secretary of the Ministry...

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Inspection fee would be applied only on animal origin foods

Kardeván Endre, Secretary of the Ministry of Rural Development (VM) responsible for food surveillance and agricultural management said: “We do not want to restructure the system itself, but the side...

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Bulgaria turns to the European Commission

Bulgaria urges the Commission to declare, that the multinational companies deliver lower quality food to the new EU member states – reports the EurActiv news agency. The debate broke out...

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Annually one billion tons of food spoils, due to deficiencies in transport and packaging

While all over the world, food is getting increasingly scarce and expensive, tons of goods are spoiling, due to improper packaging and shipping – quotes Handelsblatt, the expert of FAO....

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Coface: the wholesale and retail trade continue to be among the most hazardous industries

According to the most recent analysis of Coface Hungary; in the first quarter of the year,  compared to the similar period of 2010, the number of bankruptcy procedures increased by...

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Revolutionary innovation: Webstore on Facebook

It is the start of a new era; Hungary's first Facebook webstore, the viragneked.hu started to operate. The solution is so new, that even in the world, only a few...

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Brands: say something good about them or do not say anything at all?

Several marketing experts are convinced that consumers share their negative experiences with greater zeal and with more people than positive ones. This is the biggest concern when it comes to...

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Restaurant Week in Budapest, after New York

Following New York and several other great cities in the world, Budapest is going to organize a Restaurant Week from 16th to 22nd May this year. Within the compass of...

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Sziget Management is expanding its domestic portfolio with a gastro-festival

Sziget Management is expanding its domestic portfolio with a gastro-festival In 2011, one of the most outstanding events of the gastro-cultural scene, Budai Gourmet is going to be organized by...

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Wine-exhibition to find out more about the wines of Balaton

A wider audience may get to find out everything about the mystery od the wine of Southern-Balaton on the first Thursday of May this year. The wine-exhibition of the Balatonboglár-wine...

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Zoltán Heimann is the European Wine-expert of the year

The federal state Baden-Wuerttemberg has been awarding European Wine Culture Awards under the auspices of the annual Artvinum event. The famous “European Wineexpert” award was previously awarded to the Italian...

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Sziget is turning 18 this year

Sziget is turning 18 this year, this is the 19th festival – since its birth in 1993, we have seen 17 950 gigs, artists from different genres and 62 different...

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Public debate of law on agricultural chambers begins

A first draft of the law on agriculture chamber has been completed and will be the subject of public debate until May 15, Rural Development Minister Sándor Fazekas informed the...

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Regus Business Confidence Index

Global business optimism, having undergone a slight decline in 2010, has now surged ahead, according to the latest half-yearly Regus Business Confidence Index. This regular global survey shows a significant...

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Before Easter: the price of eggs decreased the lamb and sheep meat prices increased

Since last year the supply price of eggs decreased by 45 percent, bull and lamb prices increased by almost 20 percent. Industry experts say: it is worth to watch out...

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