News and articles

Nielsen: the majority of the retail promotions close with losses

Food, household chemical goods and cosmetics manufacturing companies close six out of ten retail discount actions with lossses and the balance is deteriorating further – the three-year analysis of the...

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Dispersed prices in the European Union

The difference between the price level of the cheapest and the most expensive country was nearly threefold in the EU last year. According to the survey of Eurostat, published on...

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KSH: average earnings rose by 3.6 percent in April

Average earnings increased by 3.6 percent in April, compared to the same period of the previous year. Without public workers, the increase was 2.6 percent – the Central Statistical Office...

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We hardly know our consumer rights

Despite the fact that the Hungarians are facing more problems during the purchasing of goods or services, and we also buy more often under the effect of misleading advertisings, we...

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HIPA: working capital inflow may increase further

In the next period, the working capital inflow may increase in Hungary further and the data of the first five months also indicate that there is an investor-friendly environment in...

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Counterfeiting threatens the economy of the EU

Intellectual property rights (IPR) related industries are increasingly threatened by organized crime, producing and selling counterfeit products – the notice of the National Board Against Counterfeiting (HENT) warns. The notice...

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Four Hungarian universities have developed food safety curriculum

A food safety curriculum was developed by four Hungarian universities. The participating universities were the Universities of Debrecen, Szeged, Eger and the Western Hungarian University – Jávor András, vice-rector of...

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Smuggled cigarettes were seized near Beregdaróc

Nine thousand boxes of cigarettes worth 7.5 million HUF were left behind by fleeing smugglers near Beregdaróc – the press officer of the National Tax and Customs Administration (NAV) told...

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Paris’s iconic department store la Samaritaine to be extended

The La Samaritaine, which is one of Paris’s iconic landmarks, is to be reborn following an ambitious makeover project. The famous department store, first opened in 1870, is situated between...

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HEINEKEN Hungária is ready for the season

HEINEKEN Hungária beers are preparing for the season with many surprises. Sales director Gheorghe-Sever Andresz and marketing and trade marketing director Jan-Willem Van Wensem talked to our magazine about new...

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After the (almost) seven lean years

The economy seems to be recovering from recession that started in 2008, but the question is: can the old model be used any longer? It is sure that the last...

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Beers that give more: the Association of Hungarian Brewers opens the new season

In May the Association of Hungarian Brewers launched its ‘Beers that give more’ programme. The objective is to educate consumers about beer and beer consumption. It will be at the...

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Fix help for home fruit preserving

Last year the rainy weather was bad for the home preserving of fruits. Despite this Dr. Oetker managed to retain its market leader position in the category, thanks to their...

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Where does the meat come from?

As of 1 April more precise data must be indicated on packaged fresh, cooled and frozen meat in the European Union. In most cases the place of origin has to...

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Aerospace & Defense Executive Joins Stanton Chase

Kristi Moe, a veteran aerospace and defense executive, has joined the Atlanta office of Stanton Chase, a global retained executive search firm, as a Director. The announcement was made by...

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The agricultural producer prices are driven down by global overproduction

According to the latest data of the Central Statistical Office (KSH), the twenty-two month-long downward trend in the agricultural price index continued in April 2015. According to the data of...

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The NFM stands by the central tobacco shop supplier

According to the Ministry of National Development (NFM), tobacco sales will be faster and more flexible with the cooperation of the central tobacco shop supplier from 1 November. The NFM...

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The Hungarikum street was opened in Budapest in the Central Market Hall

The Hungarikum street was opened in Budapest in the Central Market Hall on Thursday. In the Hungarikum street the best Hungarian foods and products are presented. In the basement of...

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The NAV seized more than half a million bottles of spirits

More than half a million bottles of spirits were seized by the National Tax and Customs Administration (NAV) at a beverage wholesaler. The wholesaler was previously fined for 100 million...

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The promised state guarantees for the Surjány-Hús meat company were withdrawn

The government cannot undertake a state guarantee legally for the Surjány-Hús meat company, because the conditions necessary do not fully been met the conditions set out in the legislation –...

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The Ministeralso takes part at the 20th Hungarian Wine Route Rally

Fazekas Sándor, Minister of Agriculture will also drive at the 20th Hungarian Wine Route Rally, which will take place between 28 and 30 August. Megay Róbert Péter, co-chairman of the...

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New professional award for young leaders

The Academy of Young Leaders (Fiatal Vezetők Akadémiája) announces the “Young Leader of the Year – 2015” award for the first time. The award would recognize the managers with exemplary...

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The digital development is a global trend and a challenge at the same time

The digital development is a global trend and a challenge at the same time; the technology does not recognize borders, and does not care about problems related to economic growth...

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Cellar Night Tour on the Somló

The Cellar Night Tour on the Somló awaits its visitors with forty-one official venues, live and electronic music programs, cultural and tourism programs and Somló wines on Saturday. The wineries...

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Coordination Forum of Hungarian Farmers meeting in Lendva

It is important that an effective flow of information to be established between the members of the Coordination Forum of Hungarian Farmers in the Carpathian Basin. This will help development...

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US-Chinese cooperation to encourage Chinese investment

The newly formed Hungarian-Chinese New Immigrants Investment Encouraging Association (MBKSZ) and the Hungarian National Hungaricums and Values Association (MNHSZ) signed a cooperation agreement to encourage Chinese investment in Hungary –...

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Mobile phones are our virtual wallet

Mobile technologies are changing the way retail works and retailers have to adapt to these changes – says Balázs Szánthó, concept manager with Media Markt. The consumer electronics retailer is...

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People are worried about the future of the earth

The PlantBottle is made from a process that turns sugar cane and molasses, a by-product of sugar production, into a component for PET plastic, according to a press release. Future...

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Helly Hansen congratulate Team SCA for Volvo Ocean Race Leg 8 win

Team SCA, the first all-female team in a decade to tackle the notoriously challenging Volvo Ocean Race, on Thursday sailed into Lorient, France to claim first place in front of...

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FINLANDIA presents: 1000 YEARS of less ordinary wisdom

Finlandia vodka has scoured the globe to find less ordinary people, and is using their wisdom to inspire others to live a life less ordinary. Find out more about the...

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