News and articles

Discount offer for exhibition outside of Hungary

ITD Hungary pays 70-75% of exhibition's costs in case of four international fair. ITD Hungary protects Hungarian SMEs with export possibility. The collective appearances are organised by previosly qualifide exhibitories....

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EU to Tax Imports of Swiss Products with Powdered Skim Milk

The tax is part of a price equalizing method agreed between Switzerland and the E.U. Under the deal, Switzerland has until now subsidized the export of powdered skim milk to...

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The winner 21 save water

UK food and drink manufacturers are working together in a new initiative, known as the Federation House Commitment, to reduce water usage and improve efficiency across their businesses.  The 21...

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Investor of the year in Samokov – Billa Bulgaria

The Austrian hypermarket chain opened its 26th store in Samokov last year in November, in the city with 30,000 inhabitants, the investment enriched the 5,3 million euros. Billa Bulgaria opening...

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Hungary's economic growth will pick up and its inflation will slow down this year

Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...

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The labor market of retail to increase in 2008

According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...

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Two digits growth at Coca-Cola Beverages Hungary

The company increased its market shares and get now 20 pct, one third of the sales came from the new products.   The growth is thank to the fact too,...

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Imperial Tobacco's Altadis takeover offer

UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur.   The board of the Franco-Spanish company Altadis...

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French Supermarket Workers Strike over Wages

Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...

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Mihaly Hardy leaved Tesco

The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...

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Unilever Acquires Leading Russian Ice Cream Company Inmarko

The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...

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A Helping Hand for SMEs for free

The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days.  The Hungarian Chamber of Commerce & Industry takes part in the program, wich...

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Mondi to develope in Poland

International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...

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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt

The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers.  According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...

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Sodexho Alliance renamed Sodexo

The evolution of the brand shows the grow and progress to become the premier global outsourcing expert.   France based contract caterer and facilities company Sodexho Alliance has been renamed...

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Tesco opened a new front in the ongoing supermarket price war

In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...

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Burger King Keeps Rising

Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...

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Aldi to open in February

According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings.  It is unkonwn how many stores...

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dm to start in Bulgaria 2009

The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...

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Top-100 Hungarian Companies are Less Optimistic

The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008.  Hungarian companies are looking to the future with a degree of apprehension, according to the stats....

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Fausto's is the best Restaurant in Hungary

The bilingual Dining Guide magazin organis competition between restaurants since 2005. The jurey, 28 international known specialists tested the restaurant personly, from the last year best 10 only three could...

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Internet in focus

Google held a conference on e-commerce with the Association of Electronic Commerce on 22 November, in Budapest. On-line marketing was the subject discussed in the morning with case studies about...

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Tetra Pak in Pilis

Tetra Pak has become the chief sponsor of the forest management project implemented by Pilisi Parkerdő and WWF Magyarország in the Budai hills. Tetra Pak signed a three year agreement...

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Coop-Christmas for children

Fifteen hundred children attended the Christmas party held by Tisza-Coop Zrt. on 21. December in Tiszaliget. Tisza-Coop Zrt. is a regional purchasing centre of the Coop group which has already...

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Gloom ahead for retailers

The atmosphere was not really optimistic at the annual conference of the National Association of Retailers. Recession is felt in practically all segments of the retail business. According to Péter...

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Week dedicated to packaging in Düsseldorf

The largest Interpack exhibition of all times is to be held between 24-30 April 2008 in Düsseldorf. Interpack Processes & Packaging 2008 will occupy the entire area of the Düsseldorfi...

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El Toro

Considering it name, El Toro should be a representative of the authentic Mediterranean or Hispanic cuisine. It is not. Design is minimal and rather cosmopolitan. On the other hand, the...

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The nephew of ice cream

One of the most popular ice dessert products was a frozen fruit yoghurt in America, last year. The incredible success of Yolato was the result of its low fat and...

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Food production in decline

Industrial production was up by 5,9 per cent in October 2007 compared to the same month in 2006. According to KSH data, the volume of production was 8,6 per cent...

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Dove, Pro-Age

For ladies over 45. It helps aging skin in restoring moisture and becoming better hydrated....

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