News and articles

KISS Túró bon-bon

A cottage cheese dessert of exceptional quality....

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VIII. Univer Business Golf Championship

The idea of organising a golf championship for prominent members of the business community was conceived seven years ago. Both active golfers and leading business people open to the idea...

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Hungarian regional director for Bonduelle

Miklós Ostermayer (42) was appointed the Central-Eastern European regional director of BONDUELLE in June. He is the first Hungarian professional to reach such a position in the market leading French...

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Good egg for SPAR

Spar Magyarország Kft. has been awarded a Good Egg Award in recognition of its efforts related to the prevention of cruelty to animals. This recognition is based on a survey...

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Ice tea added to Natur Pur product line

Spar Magyarország launched a bio ice tea product line at the end of May. Natur Pur Bio ice teas in 1 litre size are available in four flavours. Sales of...

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Foreign trade of agricultural products with question marks

According to KSH data, our agricultural export expanded almost twice as dynamically as overall export in 2007, achieving record breaking revenues of more than EUR 4.8 billion. Imports totalling EUR...

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Ristorante Rustica Borharapó

Rustica in Siófok is special in more than one regard. The history of the building goes back two centuries. It is also quite unusual for a restaurant around lake Balaton...

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More money spent in Hungary by foreigners

The number of foreign visitors in Hungary was 7.6 million in the first quarter of 2008, which represents an increase of one per cent. Foreigners spent a total of 16...

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Packaging in three steps – part 2: The letter

This is something we had to learn. We had about 5,000 years to learn. Even private labels have developed typographic characteristics specific to their category now, which is good if...

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Theodora Kékkúti és Theodora Kereki természetes ásványvizek

The appearance of Theodora Kékkúti and Theodora Kereki mineral waters has been modernised but their sizes and quality remain unchanged....

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Star chef in Budapest

Léa Linster, the only female winner of Bocuse d’Or so far, visited Budapest on 19-20. May upon an invitation by National Association of Gastronomy and Vilmos Kreil. Her master course...

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NESPRESSO coffee machines in retail chains

In addition to the showroom in Andrássy út, the full range of NESPRESSO coffee machines has also been available in Saturn and Media Markt stores since June. Nine Budapest stores...

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Penta to buy Debreceni Hús

The transaction has been cleared by the Hungarian and Slovakian competition authorities, according to the announcement.  Czech-Slovak private-equity company Penta has taken over Hungary’s Debreceni Hús, Hungary’s second largest meat...

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Hungarians Drunk More Milk

In the first quater of 2008 the milk consumption grow, but people buy less „light” 1.5% milk and because of price, more 2.9% milk.  According to GfK's ConsumerScan research the...

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Nespresso Lattissima to buy in Budapest from September

The Nespresso Lattissima lets you make single-serving cappuccinos and lattes in a snap.  Co-developed by Nestle Nespresso and De'Longhi, the machine features Nespresso's hermetically sealed coffee system, a one-touch fresh...

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Two new Tesco Opening on Same Day

From 27 June start to work two Tesco supermarket, one in Sülysáp and other in Szolnok, which is company's 6th green store.   The Szolnok Tesco store has a „green...

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Domestic sales prices of industry rose by 11.7%

Export sales prices of industry, measured in HUF, decreased by 2.2% compared to the previous month and slightly, by 0.1% compared to the corresponding month of the previous year.  ...

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Beer companies merger cancelled?

Anheuser-Busch Cos Inc rejected InBev NV's $46.3 billion takeover bid on Thursday, calling it inadequate, but the largest U.S. brewer left the door open to a higher bid.  Anheuser's board...

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Tesco for fruit and vegetable consumption

„The goal of the „Eat daily 3x fruit or vegetable!”action is to popular the eating fruit and vegetable between people. Tesco started the action to decrease the high number of...

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Burger King in Czech Republic

Burger King would enter the market through a franchise agreement with Poland-based AmRest. According to reports in the local market, Burger King could be preparing to enter the Czech Republic....

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More than HUF 2.2 billion dividend at Zwack

Hungary Zwack AGM voted on company's highest dividend HUF 1,100 pro shares.  Hungarian distiller Zwack has reported HUF 3.007 billion after-tax profit for the 2007-2008 business year. The AGM voted...

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Tastes of the former Ost Block

Penny extends its privat label offer with 160 well-known brands from the former socialist GDR (German Democratic Republic). The Rewe-owned Penny discount chain has said it is extending its ranges...

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New tax stamp for alcohol drinks from July

The inspector can control the information on the tax stamps with a laptop and a bar-code reader direct in the store.   After the electronic data recording the product's way...

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It isn't worth not to pay the TV tax

The penalty is insignificant, but it has no sense therefore to come tax authorithy's horizon.   After nowadays rules TV tax must to pay for Hungarian Tax Authority, but first...

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1% fall in EU27's retail

For the eurozone countries the decrease was by 2.9% compared with the same month a year ago.   According to a Eurostat the highest increases were observed in Romania (18%)...

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In April the domestic retail turnover exceeded HUF 508 billion

Compared to the previous month, the volume of retail sales increased by 0.4% according to seasonally and calendar adjusted data.   According to calendar adjusted data, the volume of retail...

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Environmental Friendly Companies are looking for!

In the last six years 56 organisation with 67 tenders take part at the Environmental Economy Award. In this periode HUF 14.7 billion was saved by environmental friendly business solutions....

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Diageo to Sell Zwack Liqueur in the USA

After a success test periode the two companies signed a royalty agreement.  The selling starts in September, the costs and risks of brand building takes Deageo. This business don't affects...

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Green light from Brussels for SPAR-Plus transaction

European Comitee approved that SPAR Hungary can buy the Plus chain. In March Spar Hungary bought the 174 stores discount chain from Tengelman. The Plus chain had HUF 100 billion...

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New 4 stars hotel at the Danube

TriGránit Co. is to build a 220-room business hotel in the Millenium City Center in Budapest's 9th district.  The hotel will be located next to the National Theatre. Its services...

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