News and articles

Sales prices of industry growing

According to Hungarian National Statistical Office the domestic sales prices of industry rose by 0.9% in January 2009 compared to the previous month and were 4.4% higher than in January...

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HUF 350 bln for R+D in Hungary

A map of the subsidies was published by R+D minister Károly Molnár at a symposium.  About HUF 350 billion in grant money to support research and development as well as...

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Competition Commission to introduce code to protect supermarket suppliers

The Competition Commission in the UK will introduce a new code of practice for supermarkets to enhance competition and ensure the fair treatment of suppliers.  After investigations last year the...

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Body Shop To Cut Jobs

The company said it is consulting employees about proposals to reduce its global workforce by 275 jobs to make the business more efficient.  The Body Shop, which employs 9,200 people...

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Drastic Sales decreasing in Lithuanian

Sales at food retailers were down 10.2% year-on-year, while non-food retailers suffered more, with sales down 20.6%.  Sales at Lithuanian retailers in January slumped by 27.2% on a year-on-year basis...

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U.S. consumer spent more in January

The January gain followed a drop of one percent in December 2008 and was even better than the 0.4 percent increase that economists had expected.  U.S. consumer spending rose 0.6...

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The value of GKI’s economic sentiment index has been falling

According to the survey conducted by GKI Economic Research Co. with the support of the European Union, business expectations deteriorated even more sharply in February than in January, whereas the...

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Less coffee consumption decreasing as awaited

Valdo Café made a survey between its 100 big clients about the effects of the financial crisis on coffee consumption in Hungary.  According to the survey there is a small...

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Retail investments increased in 2008

The annual value of investments came to HUF 4791.5 billion at current prices. Within this HUF 1835.2 billion were spent on investments in the fourth quarter of 2008. According to...

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Returnable packaging contra selective waste collection

There are several methods in the EU for collecting of packaging waste. Öko-Pannon Kht. and Ministry of Environment and Water organised a conference about this.  The participants of the event...

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Lidl Seeks to Repair Image

Europe's biggest discount supermarket chain is trying to fix its image after last year's revelations that it spied on staff.  In an interview with SPIEGEL ONLINE, Lidl's purchasing chief Robin...

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Subvention cut is misproportioned – assures the Hungarian Chamber of Agriculture

The organisation said the government encroaches on principle of proportion and equitableness. The chamber asks for extending the quarantee of the government for agricultural integrators.  The Hungarian Chamber of Agriculture...

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Tesco's agressive price cutting in Britain

The retailer was planning to cut prices on 3,000 lines, from fresh meat to baby food, stepping up the pressure on the rest of the industry as it heads into...

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Asda to launch SYM TV

Wal-Mart-owned company is driving down the cost of the weekly shop for its hard-pressed shoppers.  The supermarket has already cut 7,500 prices since January, and this weekend will see the...

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Antitrust fine on pasta makers in Italy

The Italian antitrust authority has fined 26 pasta manufacturers a combined total of E12.5m, for practices that were said to be impeding competition.  The regulator said the companies, along with...

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Nespresso expands offer in Hungary

The company introduced its new mashine type CitiZ and several Grand Cru coffes in Budapest.  The new line of Nespresso slim coffee machines, the CitiZ will be available in March....

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Unilever-Próbakő cooperation continues

The PR agency works for Knorr's new ad campaign about common eating. Knorr made a research about eating habits in Europe, also in Hungary. Responders said the family eating make...

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Nestlé Nutrikid Olympic finished

The common program of Nestlé Hungária Kft. and the Hungarian Dietetic Association focused on prevention of child obessity.  School using the Nutrikid teaching program could take part on Nutrition Olympic....

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Milupa had chosen digital ad agency

The food producer call 3 agencies for tender. The winner is EURO RSCG Digital.  The tender was first of all about on-line media-planing and -buying and SEO/SEM marketing, but the...

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SMS campaigns by Tesco

The retail chain built an own SMS club, a database where consumers, who are interested in price actions, can joined. Tesco think with SMS actions company can faster reflect on...

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From Monday no more daily inventory

Restaurants will only be obliged to make a complete registry of alcoholic consumption only once a month from March.  Hungarian parliament accepted a change to the regulation on catering establishments...

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International award for Rózsavölgyi Csokoládé

The Academy of Chocolate Awards, now in their 4th year are an important event in the International chocolate calendar.  The Academy of Chocolate was created in 2005 by 5 of...

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Henkel sponsors Icehockey World Championship

The company is donating 50 euros for every goal scored during the tournament, with the total sum going to a children’s aid project.  Henkel, the international branded consumer goods manufacturer,...

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Food Makers Pump Up Fiber Contents

According to Datamonitor's Product Launch Analytics, the percentage of new food products touting high fiber contents is up in markets like the U.S.  In the U.S., the percentage of new...

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Nestle reduces product sizes

The world's largest food company will sell more products in smaller quantities in the United States and Europe as customers seek to cut their shopping bills.  Reduced product sizes will...

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Financial crisis speeded up the changes in consumption pattern

Hungarians spent less in milk, processed meat and detergent categories, but gave the same for paste, cheese, yoghurt and hygienic supplies.  According to think tank GfK, the negative tendence in...

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Hungarians bought more suppressed in December

According to Hungarian Central Statistical Office's data, the volume of retail sales decreased by 3.9% in December, and by 2.1% in the whole year compared to the same period of...

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Hungarian Product Grand Prix 2009

Companies can entry the competition till 22th Mai, this time in 16 categories.  The inviters think, that the most important aspects of the 12th Hungarian Product Grand Prix: innovation, active...

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Extech Data Systems Introduces Apex 3 Thermal Printer

Reflecting recent market needs, Extech has changed the standard communication options available for the printer.  Short Range Bluetooth™, designed for WPAN, and Serial communication is standard on the Apex 3....

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Reborn of Hotel Szilvás

The La Contessa Mansion Hotel opened on Valentine's Day in Szilvásvárad. The former Hunguest Hotel Szilvás has been transformed into a 4-star hotel.  The budget for the first phase of...

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