News and articles
Decreasing inflation, weak forint
Date: 2009-02-09 10:27:43
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
Date: 2009-02-09 10:21:28
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
Date: 2009-02-09 09:33:19
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
Date: 2009-02-09 09:30:21
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
Date: 2009-02-09 09:18:13
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
Date: 2009-02-09 09:10:00
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
Date: 2009-02-09 09:02:14
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
Date: 2009-02-09 08:48:56
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
Date: 2009-02-09 08:25:08
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
Date: 2009-02-09 07:56:15
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
Date: 2009-02-06 09:46:59
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
Date: 2009-02-06 09:29:47
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
Date: 2009-02-06 09:12:46
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
Date: 2009-02-06 08:52:53
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
Date: 2009-02-06 08:41:09
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
Date: 2009-02-06 08:20:50
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
Date: 2009-02-06 04:02:59
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
Date: 2009-02-06 03:10:35
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
Date: 2009-02-06 02:26:32
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
Date: 2009-02-06 02:13:58
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
Date: 2009-02-05 08:28:00
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
Date: 2009-02-05 08:14:00
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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Human size educational campaign
Date: 2009-02-05 08:00:00
On 1. December, the International AIDS Day, a human size condom was carried around in Budapest streets to remind people of the dangers of HIV infection. This campaign was also...
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Financial prospects for 2009
Date: 2009-02-05 08:00:00
Financial prospects for 2009 are certainly worse than we had believed before October, when the danger of national bankruptcy was imminent. There is however, so much uncertainty that we should...
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Bonbonetti Kft. – about the year 2008
Date: 2009-02-05 08:00:00
Bonbonetti Ltd is the largest capacity and longest tradition confectionery manufacturing company in Hungary. Bonbonetti has stabilized its market situation and managed to grow continuously in last 4 years, achieving...
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Queen on the throne
Date: 2009-02-05 08:00:00
Organisers of the chef competition broadcast on ATV have been looking for a king, but found a queen instead. Zsuzsa Sára, a young chef from Arany Kaviár has won the...
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Registered trademark
Date: 2009-02-05 08:00:00
Experts and fans of Hungarian palinka are doing everything in their power to educate the public about the criteria to be used for distinguishing quality products from bad quality ones....
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Bonbonita Dark Selection
Date: 2009-02-05 08:00:00
A hand made praline selection filled with special creams based on tradition. A special selection of dark chocolate desserts filled with Eggnog-espresso trüffel, walnut trüffel, piña colada trüffel and sour...
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CBA, Metro, market hall, Tesco
Date: 2009-02-05 08:00:00
The majority of guests attending the conference went on a shopping tour on the previous day, visiting the market hall on Vámház körút, Metro on Gyáli út, Tesco on Bécsi...
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Stable ranking for chemical products
Date: 2009-02-05 08:00:00
Unlike foods, the top 10 of chemical products has remained unchanged for years. A graph of the retail sales generated by the top 10 household chemical and cosmetics products is...
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