News and articles

Fast food restaurants enjoying strong growth trough the recession

KFC will invest EUR167million in a project to open 300 outlets over the next 3-5 years in the UK.  According to KFC, the company is enjoying strong growth through as...

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Commitment of Hungarian Trade Association about Food codex

Traders aspire for balanced business contacts with suppliers on consumers behalf.  On 13th February was a meeting between the representatives the food product rail and the Ministry of Agriculture. A...

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Price of clothing and footwear decreased

In January 2009 consumer prices increased by 0.6% compared to the previous month and rose by 3.1% compared to January 2008.  In January 2009 compared to the previous month food...

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Discount feeling disappear, assortment expands

On 12th February 2009 opened the first rebrand Spar stores in Hatvan, Sopron and Sárbogárd.  Last year SPAR aquiared Plus chain and in January it started to rebrand the units....

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The newest award for Francois President Rose but champagne

The 15th Berlin Wine Trophy was trumped up between 22-26 January 2009. The jurey tasted 3,152 wines and award 120 Premium Gold, 641 Gold and 136 Silver medals.  From the...

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Birthday design award by Tchibo

Tchibo calls for tender together with MONE and the Moholy-Nagy Art University. The participants have to contemplate a retro mug set.  Students have to plan 4 mugs, which must to...

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Almost 1200 restaurants joined to Gluttonous Thursday action

Since beginning the program in 2006, the number of restaurants more than doubled from the first year's 499. On 26th February 1194 Hungarian restaurants give 0% off the dining bill....

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Telework with government helps

I-Work Foundution and Google Hungary organise meetings for SMEs about methods and experiences of telework.  The government gives concret sources for outbuilding teleworkplaces. The SMEs are invited for a tender...

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Fritz Henkel Award for Innovation presented

A convincingly innovative character and successful market performance: These two attributes must be demonstrated by product ideas if they are to have a chance of winning the Fritz Henkel Award...

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K.O on Easter egg market by Tesco

Tesco looks set to become the UK’s largest Easter egg retailer after buying forward orders of its exclusive lines that were destined for Woolworths.  The deal means Tesco’s Easter egg...

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Billa Travel to sell holidays in Bohemia

The tourist division of Rewe group was established in 1970 and recorded a turnover of nearly EUR3 billion in 2007. The agent is active Germany, Austria and Switzerland.  Rewe has...

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CBA votes for closing on Sunday, but not for all shops

The retail chain, employing 35,000 workers, said also employees need the Sunday as holiday, because of their health and their family life.  CBA would close every stores over 100 sqm...

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New members at Reál Hungária Drink Kft.

The company started meeting with Bora Kft. and Piramis Kft. last December, and the two companies joined to the chain in February.  Since its foundation Reál Hungária Drink Kft. is...

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Hungarian hoteliers protest in ads against tax growth

According to specialist, in this hard financial situation the guests will not take the price increase, the growth has to shoulder on hotels.  The ad, readable in Népszabadság, daily newspaper,...

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5th Superbrands Hungary

On 11th February was the first session in 2009 for Business Superbrands and Superbrands committee of experts. It is the second year, that also the best business brands will be...

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New ‘gluten-free’ food label rules from EU

The EU has issued new food labeling and composition rules for products that claim to be ‘gluten-free’.  Only foods that contain less than 20 parts of gluten in a million...

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Karl Lagerfeld lobbies EU on internet sales

Clothes designer Karl Lagerfeld met EU competition commissioner Neelie Kroes to try and persuade internal market regulators to keep current restrictions on online retailers for luxury goods.  The spokesman explained...

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Metro to abandon UK?

Metro Group-owned Makro is planning to cut 378 jobs by closing three cash and carry stores in the UK.  The closures were due to "difficult trading times and a need...

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Coca-Cola To Invest $1.2bn in Russia

The company want to increase the range of products and sell coca-cola, energy drinks and kvas to a network comprising small kiosks and hypermarkets.  In Short Term Coca-Cola has announced...

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Private label share may reach 25% in food at Real

Real overhauled its retailer brands last year, eliminating a number of smaller ones and introducing 850 items under the Real Quality brand.  Real aims to increase private label’s market share...

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Pioneer Out of Flat-Screen Tvs

Pioneer will exit the flat-panel TV business by March 2010, transforming itself into primarily a car audio company.  Pioneer forecast a record annual loss of $1.44 billion, and said it...

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CBA and Procter & Gamble donated HUF 10 million

In frame of the „Heart of the community” program P&G gave HUF 10-20 or 30 after every P&G products bought in CBA stores between September-November 2008.  Heart of the community...

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Smaller shop play important role in retail

The place of every day shopping are the smaller Hungarian owned stores, for big purchase mostly the hypermarkets are visited.  According to GfK's Shopping Monitor and Shopping Mission 2008-2009 research,...

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Praktiker offers comfortable shopping for blinds

The DIY chain help blind people with personal escort in its 19 stores.  The DIY chain helps the Association of Hungarian Blinds since last year, then it gave colours and...

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Bacardi-Martini Hungary chooses PR Agency

Próbakő Kommunikáció won the drink retailer's tender for 2009.  This year Próbakő is the strategic adviser for the firm and the company's main brands. Próbakő is a member of Carbon...

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Nature-identical fragrances from BASF laboratory

Synthetic citral provides the fragrance of citrus. Also other fragrances can be created, such as linalool which smells of lavender and geraniol responsible for the typical smell of roses. BASF...

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New leader at the British Chamber of Commerce

Csilla Csurgai (34) has been appointed executive director of the British Chamber of Commerce in Hungary (BCCH) with effect from February 1st 2009.  An internal appointment, Ms Csurgai has been...

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Tesco exits personal loans market

The move is an indication of how more loan defaults, caused by the difficult economic conditions, are affecting loan providers.  Tesco currently has 3,600 personal loans on its books with...

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Slovakian breweries feel unwell

Since the drastic tax increase in 2003 the Slovakian plants producing less beer. Slovakian people drink lighter beers and yearly more import beers. According to Association of Slovakian Breweries the...

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Supermarkets shamed over F-word books

Tesco and Asda were condemned for selling a string of books and CDs with the F-word in their titles. The items were available on their websites, where they were easily...

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