News and articles

Decreasing inflation, weak forint

The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are for the time being completely...

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HUF 130-140 billion EU subvention could lost

We have to pass the new SPS law, as soon as possible, otherwise the Hungarian stock-farming will cut back between 2010-2012 – said Barna Forgács, president of Hungarian Chamber of...

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Cimsec donation to Bokay Foundation

Henkel Hungary gave HUF 1.3 million support for buying a diagnostic equipment, which could help against cradle death.  The company collected more than HUF 1 million from selling CIMSEC products...

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People drink less fruit juice in the crisis

Last years the total fruit juice sales decreased by 4%, specialist said this year the fall could be 5-7%.  Sió-Eckes, owned by German Eckes-Granini group, sold 71 million liter fruit...

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New products in Sole-Mizo's portfolio

From February the Sole Gustoso buttercream is avelable in 3 tastes at Real, Coop, CBA and Metro chains.  Sole-Mizo's premium product contents cream, calcium and D-vitamin. The products is processing...

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More guests, less income

According to Hungarian Statistical Office in 2008, in public accommodation establishments the numbers of both international and domestic guests were higher than a year earlier, however, the number of tourist...

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Burger King sales grow, profits fall in Q2

Burger King has reported a worldwide comparable sales increase of 2.9%, including a 1.9% increase for the US and Canada for Q2 of fiscal 2009.  The results were driven by...

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Kaufland expands aggressively in northern Germany

It is rumoured, that Schwarz Group acquiring Famila hypermarkets from Bünting and Bartels-Langness in the future.  According to Lebensmittel Zeitung, Schwarz Group’s Kaufland is planning 70 additional hypermarkets and a...

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Kellogg reports profit grow by 3 million US in Q4

For the year-ending quarter, profit rose to $179m , compared to $176m last year. The company estimated that it lost 1 percentage point of market share in the US cereal...

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Big harvest, decreasing demand for malt

After several years of impressive growth the worldwide consumption of beer could remain flat this year as the economic downturn hurts demand.  Between 2005 and 2008, worldwide beer production rose...

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Sales of Bertolli help Unilever's net profit

Unilever has reported a 51% rise in net profit to EUR1.2bn for the fourth quarter of 2008, boosted by the sale of its Bertolli brand for EUR630m.  The consumer goods...

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Happy Meal serves knowledge

From January McDonald's started an education marketing campaign for Happy Meal. After last years 'Did you know?' campaing in 2009 the fast food chain spurs on exploring the world around...

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Aranyfácán plans to expand production

In spite of the agricultural sales problems last years, there was no scandal on tomato front. The grower and processors work together in harmony, the supply price is since many...

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The role of the personal consulting is growing at the vitamin market

According to GfK's Healthcare and Consumer Tracking researches altough Hungarians think to take vitamins is an important way to healthcare, but they bought less pills in the last two years....

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Metro to expand private label range

Metro has 24 private labels comprising around 800 products. The private labels account for around 7% of the chain’s portfolio, but the share will grow to around 10% in the...

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Carrefour France to hire 15,000 workers

Despite a downward revision of its results and replacement of José Luis Duran by Lars Olofsson as CEO, Carrefour will maintain its workforce levels in France.  Carrefour has announced plans...

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SPAR Danmark acquires 100 stores

Danish retailer SPAR Danmark has acquired 100 stores in its purchase of Danske Köbmaend by holding company Dagrofa.  The deal means that SPAR Danmark’s turnover will increase by USD 209.61million....

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Aldi accused of human rights violations

German discount chain Aldi is reported to violate labour and human rights of Chinese staff that produce promotional goods for the company.  A study by the German Südwind institute claimed...

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98-Cent Produce Packs brought new shoppers for Fresh & Easy

Tesco’s US subsidiary Fresh & Easy has reported that its produce sales have increased by more than 11% with its new 98-Cent line since January when it was introduced.  The...

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Wal-Mart sales increase in January

Same-store sales excluding petrol at the country's largest retailer rose 2.1% last month, more than the 1.1% gain expected by Wall Street specialists.  Like supermarkets in the UK, Wal-Mart said...

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Volume of exports and imports for new member states continued to expand dinamacally

In November 2008, the export and import volumes decreased by 8 and 12 percent, respectively, however in January-November both the exports and imports increased by 5 percent as compared to...

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In spite of excellent agricultural land, there is no closing up in CEE

The CEE food industry is sitting in a vicious circle, for weak needs the answer is weak offer – said an UNIDO research, published by business daily Világgazdaság.  UNIDO is...

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Award for Monarchia-marketing

Monarchia Winery located in Eger was awarded the Wine Marketing Prize 2008, while the Eger Wine Region Foundation received an award for collective marketing, based on the decision made by...

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New CEO for Friesland Hungária

Johan Priem was appointed the new CEO of Friesland Hungária Zrt in January. After working in several positions for British American Tobacco in Europe, Africa and Asia, he joined the...

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Reckitt Benckiser promoting ecological consciousness

They have recently launched their „Earth our home” campaign in Hungary, as part of their Carbon 20 program intended to reduce CO2 emissions linked to their products by 20 percent...

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Smaller, specialised events expected in 2009

Event organising enterprises hope that recession will not have a drastic effect on their business. However, creativity is expected to play an even bigger role in the event marketing business...

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Convenience honey?

Awkward guests spilling honey over everything on the table are the nightmare of every waiter working in hotels. A solution to this problem has been developed by an Ottawa company...

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South-west dynamic, north-east slowing down

Among local regions, retail sales show the most dynamic expansion in the south-west, according to data from Nielsen. In the north-east, no expansion has taken place in terms of value,...

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Rexona Men Invisible Ice

With its fresh and masculine fragrance, it provides protection against perspiration throughout the day. The ingredients developed with the help of new technology minimise the occurrence of white stains on...

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Special Nespresso sweets

Coffee capsules with special flavouring were sold in the Nespresso store located on Andrássy út, during December. Apart from coffee, special sweets under the name Dolcetti and Cantuccini were also...

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