Consumer confidence is on its four-year peak in the the world’s largest economy

Consumer confidence increased to its more than four-year peak in May in the United States: The joint confidence index of the University of Michigan and Thomson Reuters increased to its four-year peak, to 77.8 points in mid-May. Analysts expected 76.2 points, after the 76.4 points of April. Consumers are more...

Praktiker and Max Bahr’s profile is changing

The supervisory board of Praktiker Group approved the restructuring plan of the financing of operation, that includes an investment loan of 85 million euros as well. The plan of the DIY chain will bring significant changes, compared to the previous conversion model. The company will further strengthen the difference between...

Mall constructions continue in Croatia

Construction market in Croatia shows a slow progress. Mainly the highways can pull the sector, but commercial real estate developments will continue as well, which means that more and more malls and office building to be opened. Arena Centar.  photo: Trigánit Croatia’s construction industry has registered a huge fall from...

Eight Hungarian companies are launching a prize show

Eight Hungarian companies are launching a prize show to promote high quality HUngarian products. The main prize is 11 million HUF, you can get more information at www.amagyartermek.hu

More than 20 thousand visitors celebrated the year of apricot

More than 20 thousand visitors have visited the 7th Spiritfestival of Budapest at the Buda Castle, with 25 exhibitorsand nearly 400 spirits. 2012 was the year of apricots.

Aston Martin opening the doors of its first dealership

Aston Martin is to enter the sovereign country of Luxembourg, opening the doors of its first dealership under the leadership of the Arnold Kontz Group. Holding over 50 years of experience within the automotive sector, the family owned group have an excellent reputation within a well established network. At the...

Uj Peter exercised the freedom of speech

Péter Uj has written an article in 2008 about Tokaj Kereskedház, in which he referred to the poducts of the famous winehouse as “trash everybody lies about”. The company has obviously turned to the words of law to decide who was right, only to find that Péter Uj has only...

GKI: purchasing power of the population will decrease by two and a half percent this year

This year, the purchasing power of the population will decrease by about 2.5 percent. It will be the fifth year since since 2006, , when – except for last year’s stagnation – a reduction will occur in the consumption of the population – wrote the head researcher of GKI. In...

OKSZ: the marking of eggs per kilogram is not a good idea

The indication of the unit price for a lot of food is mandatory, in the case of eggs it could be problematic – writes in the National Trade Association (OKSZ) on the idea, pricing the eggs per kilogram. It is expected that the government changes the rules on the unit...

Consumers International recommendations for the UN high-level summit on non-communicable diseases

Three of the four main risk factors for NCDs relate directly to consumer issues. Consumers International (CI) calls on world leaders to support consumers through education, principled advice, restrictions on harmful or misleading marketing, and actions to ensure access to healthy products and the elimination of disincentives to healthy consumption....