News and articles

Award for EUROPARK

EUROPARK Salzburg operated by SPAR European Shopping Centers received two ISCS-awards at the end of 2007. One was given for architectural solutions and design, while the other was in recognition...

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Dreher saving energy

The opening ceremony for the new bio-gas and water purification plant of Dreher Sörgyárak built for HUF 0.5 billion was attended by Dr. Gábor Fodor, minister of environmental policy and...

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The Lidl philosophy

Lidl was established in the 30’s, later splitting into a discount chain and a hyper market and super market chain under the name of Kaufland and Handelshof. At present, Lidl...

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21 countries represented at IFE FOODAPEST

220 exhibitors from 21 countries attended the first IFE FOODAPEST exhibition held between 20-22. November 2007. This was the first event organised jointly by HUNGEXPO Zrt. and MONTGOMERY International Ltd....

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Let’s make tea!

Tea is being rediscovered by the consumers of the 21st century. The number of tea houses is rising dynamically, but tea is not yet getting the attention it deserves in...

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Restaurant on-line

We respect restaurants which take the trouble of regularly up-dating their web sites. We only discuss good web sites of good restaurants so that everybody can learn from the mistakes....

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Bitter-sweet Belgian praline

The Belgian GDP is USD 38,000 and economic growth is 3-5 per cent, but they have their problems too. Theoretically, the Walloons and the Flemish should live together in harmony....

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United against obesity

Lectures on educating people about health and fighting obesity in Europe have been delivered at the conference held by the Food, Lifestyle, Exercise (TÉT) Platform. TÉT is an organisation for...

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Cryovac launches printable top web for vacuum packaging

The new Darfresh TP100 allows manufacturers to use high quality printing to differentiate their products.The new Darfresh TP100 top web film is printed on the surface using flexography in up...

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Action Plan against fake products made in China

The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...

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18% increase at Visa Hungary

Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...

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Hungary jobless rate rises in Q4 2007

According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...

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Drastic price increase at beers

According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...

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Ferroro to Built chocolate plant in Russia

The 200 million euro factory will produce 25,000 tons of its Raffaello and Kinder Chocolate brands annually.The Russia's chocolate market is valued at 250 billion rubles ($10.2 billion) with a...

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OBI is Going to Extend in Romania and Slovakai

With more than 500 stores OBI is the undisputed No 1 in the German market and one of the leading European DIY retailers, overall sales worth was EUR 5.8 billion....

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Fruit Logistica Berlin with Hungarian Exhibitors

The Hungarian Agrar Marketing Center donated 14 Hungarian fruit and vegetable growers and traders to be present on the exhibition. Around 2,000 exhibitors from 70 countries present – 45,000 top...

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New Business Environment Rating system by Coface

Complementary to Country@ratings, a new rating is thus available that reflects business environment quality by 150 country.  On the occasion of its annual country risk conference, Coface forecasts slower world...

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From industrial place to retail center at the former Zalahus plant

With 35-40 million euros investment a shopping center ring by green parks, playgrounds and car parks will be built by Convergence Capital Ltd. The construction works started in second half...

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Henkel Awards for research and technology invention

Finally, eight interdisciplinary project teams were chosen to receive the coveted prize.  The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...

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Fast growing on-line shopping all over the world

Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either.    Nielsen says more than eight out...

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Espresso and cappucino are the most popular coffees

According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...

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Spring time opens the M1 Outlet & Shopping Center

The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...

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HUF 45 million food was donated in Spar stores

Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone.  Last in the Christmas action 130...

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EU pressures general labeling

Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce.  The European Union's...

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Russia to extend food price freeze

Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1.  The freeze on prices for bread, milk, sunflower oil and eggs is designed to...

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Hungary's industrial producer price rose by 1.6% year on year

According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...

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Tesco to Open `Express' Convenience Stores in China

Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China.  Tesco, Britain’s...

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Silver for Kempinski Hotel Corvinus Budapest from Germany

According to German readers of Business Traveller the second best hotel in Europe is the Kempinski Hotel Corvinus Budapest.  Since 1995 the hotel got several awards, year to year the...

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