News and articles

McDonald's will open fewer restaurants in Russia this year due to the weak ruble

The McDonald's will open fewer new restaurants in Russia this year than last, because the decrease of the rouble has increased the costs of expansion – the Russian chief executive...

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German retail sales increased in December

The German retail sales increased by 4 percent last December on an annual level in real terms and in nominal terms by 3.5 percent according to the preliminary data of...

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Hungarians consume very small amount of sheep meat

The supports are the key basis to generate revenue for the sheep farmers for many years. It is an unhealthy condition and cannot be sustainable in long terms. Proper professionals...

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Wine-Blues-Sticker Days days in Veszprém

The Wine-Blues-Sticker Days in Veszprém will be organized for the third time between March 6 and 8 – Brányi Mária, the city’s Deputy Mayor told at Fridays event heralding press...

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The revenue of IKEA Magyarország increased by more than 17 percent

The revenue of IKEA Magyarország increased by more than 17 percent in the financial year lasted until August 2014, compared to the previous financial year – the furniture store chain...

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A special product for each washing phase

Detergents traditionally occupy the biggest space in the part of a store where household chemicals are displayed. Buyers – most of the time they are women – have strong opinion...

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Russian embargo may lead to circular debt in the Hungarian food sector

According to Balázs Vanek, country manager of Atradius Credit Insurance the embargo Russia not only causes a loss in revenues to Hungarian agri-food companies, but also results in losing market...

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KSH: retail sales rose by 5.1 percent in November

The volume of retail sales in November last year were 5.1 percent greater than in the previous year according to both the raw and calendary adjusted datas – the Central...

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The Syngenta enters the domestic market of wheat with five new products

More than one thousand agricultural farmers participated at Syngenta’s traditional season opener roadshow. At the series of events held in seven cities, about the production possibilities of wheat, corn and...

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The government would significantly increase the SME exports

The government would significantly increase the export proportion of the small and medium enterprises (SMEs) in Hungary – Szabó László, the Parliamentary Minister of State of the Ministry of Foreign...

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The CÖF-CÖKA launches a program to assist rural family businesses

A program supporting the implementation of rural family businesses was launched by the Civil Unity Forum – Civil Unity Foundation (CÖF-CÖKA). Csizmadia László, chairman of CÖKA, founder of the CÖF...

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The Tesco named the stores that the company will close in the UK

The Tesco has named the 43 stores it is closing across the country, a move that will put 2,000 jobs at risk.The company is currently informing staff at the affected...

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The STI Group has developed the perfect medicine box

Ten percent of the medicaments are counterfeit worldwide –according to the study of the US Food and DrugAdministration (FDA). The European Union plans to review the EU directives against pharmaceutical...

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The Wine Guide of the Ister-Granum Euroregion has been published

The Ister-Granum European Territorial Cooperation Group has published a guidebook on the Hungarian and Slovakian wineries near Esztergom– the organization's project manager told MTI on Thursday. Eck András informed that...

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The agriculture machinery market increased by 60 percent in the first nine months of 2014

The turnover of the Hungarian agriculture machinery market increased by 60 percent to 125 billion HUF in the first nine months of 2014, while the global market seemed to have...

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The native brown trout can become a gastronomic specialty

The researchers of the Gödöllő-based Szent István University (SZIE) have developed a farming method, which allows them to increase the proportion of native brown trout in the current Hungarian trout...

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Chocolate Carnival to be held in Pécs

The Chocolate Carnival of Pécs is waiting for the visitors with special chocolates and colorful programmes associated with sweets. The Pécsi Csokoládé Karnevál (Chocolate Carnival of Pécs) will take place...

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NGM: 288 billion HUF flowed from the tobacco excise duties

From the tobacco excise duties 287.9 billion HUF flowed into the budget last year – Tállai András, Parliamentary Minister of State of the Ministry of National Economy (NGM) wrote in...

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Economic sentiment improved slightly in the EU

In January, the economic sentiment slightly improved in the 28 Member States of the European Union (EU) and in the 19 membered Euro Zone as well – according to the...

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Magazine: Can companies have conscience?

Social responsibility, sustainability, environmental protection – sometimes I feel that these values have been ‘eaten’ by business, they are nothing but mere decoration on the walls of company offices, just...

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Lidl promotes Hungarian apple

Lidl also joined the Ministry of Agriculture and FruitVeB’s joint campaign to promote Hungarian apple. At a promotional event, held on 2 October in the Huszti Road Lidl store in...

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Loyalty card and new petrol stations

Auchan launched its own Loyalty Card. Customers can register online or in stores. Points can be collected with more than 200 products at the same time, which change every month....

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PwC: less optimism, more confidence

Compared to 2014, the business leaders of the dominant companies are less optimistic about the improvements of the next 12 months expectation of the improving of the world economic situation,...

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Tesco fires less employees

There will be no redundancies, due to the law imposing a ban on Sunday work – that can be read in the letter sent by Tesco to its staff. However,...

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Four out of five net users buy online

The regular net users use the World Wide Web for purchasing: 81 percent of the internet users purchased online at least once in the past year. The current E-Shopping Report...

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The Bakers’ Association does not see any way to decrease the price of bread

According to the Fidesz because of the cheaper price of fuel, the price of bread should be reduced, however the leader of the Bakers’ Association says that they are not...

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The Hungarian team started to compete in the world finals of Bocuse d'Or

The Hungarian team started to compete in the finals of the world’s most prestigious cooking competition, at the world finals of Bocuse d'Or on Wednesday morning in Lyon, France, where...

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Economic sentiment: does the world and Hungary perform better?

According to the results of the poll of Ipsos conducted in 25 countries do not confirm the optimistic beliefs on the end of the economic crisis. Last year an average...

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The Franchise Awards of 2014 were handed over

The Awards Ceremony of the Hungarian Franchise Association (MFSZ) took place on 22 January. The gala dinner is the most prestigious event of the domestic franchise sector. At the gala...

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Beekeepers will receive compensation for their losses caused by the bad weather

According to the plans of the Ministry of Agriculture, the beekeepers will be eligible to apply for compensation from next year, when due to the bad weather losses occurs. Previously,...

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