News and articles

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...

Read more

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 –...

Read more

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...

Read more

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...

Read more

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...

Read more

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....

Read more

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:...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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.  ...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

Europeum at Blaha square Budapest

Real-estate developer ABLON plans to open a new shopping centre called Europeum in the busy Blaha-area by late 2009. Blaha Lujza square keeps a busy traffic of 300 thousand people...

Read more

László Kiss CEO of Tokaj Kereskedőház Zrt.

Hungarian State Holding Company selected the homeborn, young wine-grower for the position among thirteen tenderers.   The winner conception of the 34 years old tenderer was about assuring the raw...

Read more

More Hungarian food in the shops

Starting from 30t h June at the latest, 80 percent of sold food-products in Hungarian stores is supposed to be of Hungarian origin, Agricultural minister József Gráf mentioned now that...

Read more

Campari portfolio sold by BOLS Hungary

From 1th April BOLS trades Campari International's portfolio (Campari, Cinzano Vermuth, Cinzano Asti champagne, Old Smuggler whisky and Ouzo 12) in Hungary.   'Important instalment of our growth strategy is,...

Read more

At least five new Maxima supermarkets to be opened in Latvia in 2009

The new retail stores will be local in Riga, in Riga District's Pinki, Talsi (western Latvia) and Saldus (southwestern Latvia). Maxima Latvija spokesman Ivars Andins pointed out that even though...

Read more

Brands love mommy-bloggers

Mommy-bloggers can easily become the big fishes of online marketing in the near future.   As a matter of fact, mothers are top-consumers: they are  responsible for $2.1 trillion of...

Read more

Online Retailers getting more popular

If current trends continue, online retailers could outstrip the popularity of high street giants, according to TNS Worldpanel.   In its annual top 10 list of the favourite retailers in...

Read more

Tesco to open bank branches in 30 stores this year

By the end of the year, 30 new instore bank-branches are about to be opened by UK retailer Tesco, The Independent reported. The first branches will open in Blackpool, Coventry...

Read more

Tesco is the most creditable merchandising retail chain according to Hungarian consumers

Tesco-Global Plc. is considered to be one of the most creditable Hungarian brands and the best trusted food retailer, says Reader's Digest's Trusted Brands 2009 survey. Reader's Digest Trusted Brands...

Read more

BB Plc wins silver medal at French wine competition

The 16th annual Chardonnay du Monde international wine competition recognises Balatonboglári Borgazdasági Plc.'s 2008 wine Chapel Hill Chardonnay as a silver medal winning product. The world’s best Chardonnay wines and...

Read more
Oldal