News and articles
Google rented the world's largest billboard
Date: 2014-11-19 11:12:33
In an era when digital screens large and small proliferate but attention is increasingly scarce, some marketers are making a huge bet that one of the biggest displays in the...
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Only consumption growth can save apple farmers
Date: 2014-11-19 09:20:23
Hungary’s Interprofessional Organisation for Fruit and Vegetable (FruitVeB) suggested several solutions how to increase apple sales. These could raise the currently 15kg per capita annual apple consumption level by 10kg....
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Winemakers want higher alcohol content
Date: 2014-11-19 09:08:37
The National Council of Wine Communities would like the European Commission to authorise Hungarian winemakers to increase the natural alcohol content of wines with sugar, by 0.5 percent abv in...
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The CBA, Coop and the Reál are supporting the Sunday shop closure
Date: 2014-11-18 12:20:21
The CBA, Coop and the Reál have the highest turnover (combined revenues of 1,441.4 billion HUF in 2013, 77,000 employees) among the chains in Hungary. Now these three Hungarian owned...
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The SPAR stays in Hungary
Date: 2014-11-18 12:15:18
SPAR’s press conference was held in front of a full house of journalists on 18 November 2014. After the Parliamentary adoption of the tax package that will seriously affect the...
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The sales of daily consumer goods would be prohibited for the large loss making companies
Date: 2014-11-18 12:12:50
From January 2018, the government would prohibit the sales of daily consumer goods for the big companies that have zero or negative net income in two business years in a...
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Stronger consumer demand for quality food products
Date: 2014-11-18 12:10:22
The demand for high-quality, healthy products is becaoming stronger with conscious consumer behavior – said Helik Ferenc, head of the Board of Directors of the priority issues at the National...
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HEINEKEN and the Design Terminál have signed a strategic partnership
Date: 2014-11-18 11:41:49
The HEINEKEN Hungária and the Design Terminál have signed a strategic agreement in order to support the creative industry. Joris Huijsmans, CEO of the HEINEKEN Hungária Zrt. signed signed a...
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KPMG: the corporate debt market can switch to a higher gear
Date: 2014-11-18 11:40:24
Banks are more optimistic in relation of the future prospects of the corporate debt market – the KPMG sets in the sixth edition of its Corporate Lending Sentiment Index publication....
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More and more people would be their own bosses
Date: 2014-11-18 11:20:38
The flexible forms of employment are given a larger emphasis in Hungary, such as self-employment. Not only globally, but entrepreneurship is getting stronger in Hungary as well: although we have...
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Several dangerous food products were banned
Date: 2014-11-18 11:15:56
The National Public Health and Medical Officer Service (ÁNTSZ) prohibited the distribution of a number of so-called special nutritional food products – was said on the organization's website. The alleged...
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The EuroTier in Hanover has ended
Date: 2014-11-18 11:12:50
The world’s leading livestock fair EuroTier 2014 ended recently in Hanover. This year, 2,360 exhibitors from 43 countries presented their products on the field of agriculture and productive livestock. The...
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GfK: the domestic market of technical products grew in the third quarter of 2014
Date: 2014-11-18 11:11:41
The sales of long-term technical products increased by 9 percent, in the third quarter of 2014, compared to the same period of 2013. Despite the fact that the market is...
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The investment of the Chinese citric acid plant to be started In mid-2015 in Borsod
Date: 2014-11-18 11:11:24
The Chinese RZBC groupplans to start the construction of the citric acid plant in the middle of the next year in Kazincbarcika, Borsod-Abaúj-Zemplén County. The company will spend 31 billion...
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Optimism in Europe's strongest economy
Date: 2014-11-18 11:10:00
The sentiment index for the assessment of the economic outlook of the Mannheim-based ZEW (Zentrum für Europäische Wirtschaftsforschung) increased much stronger-than-expected in November, while the assessment of the current business...
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NAK and the Medicinal Plant Association and Product Council cooperate
Date: 2014-11-18 10:14:23
The storage room was redesigned, the old drying room was modernised and a new drying room was built at Herbária Zrt.’s plant in Székkutas. The Ministry of Agriculture, the Medicinal...
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Concentration in winemakers’ revenues
Date: 2014-11-18 09:14:22
A recent analysis by Bisnode reveals that the HUF 4.3-billion combined revenue of the ten biggest grape growers represented one third of the sector’s HUF 12.5 billon revenue in 2013....
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Drying with subsidised gas
Date: 2014-11-18 09:10:21
Since the autumn has been wet, certain crops – corn, sugar beet, soya bean, sunflower, potato – are still being harvested. Corn, sunflower and soya bean have higher humidity content...
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Hungary’s fisheries sector on a growth track
Date: 2014-11-18 09:10:20
The Hungarian Chamber of Agriculture (NAK) and the Hungarian Association of Fish Farmers and Fisheries Water Management (MAHAL) signed a cooperation agreement in Kisbajcs. NAK president Balázs Győrffy told that...
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Record turnover of sweets in December 2013
Date: 2014-11-17 12:10:26
Food retail achieved a record turnover from selling sweets last December. People spent more than ever 2.7 billion HUF to around 650 tonnes of sweet gifts – the Nielsen Retail...
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Törley exhibits at the ProWine Shanghai 2014
Date: 2014-11-17 11:42:58
Asia's wine merchants are meeting at the 2014 ProWine Shanghai wine exhibition in China. Asia’s largest wine exhibition the ProWine Shanghai 2014 lasts from Wednesday to Friday. The fast-growing Chinese...
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The foreign trade surplus of the euro zone has increased
Date: 2014-11-17 11:40:51
The foreign trade surplus of the euro zone has increased in September, thanks to increase of export growth. According to the the first estimate, the 18-member euro zone's trade surplus...
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The Dutch bird flu can be transmitted from animals to humans
Date: 2014-11-17 11:38:26
A strain of bird flu which can be transmitted to humans has been detected on a farm south of Amsterdam, prompting Dutch authorities to ban the transport of all poultry...
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Students announced the fall of the shroud design competition packaging solutions
Date: 2014-11-17 11:35:24
The STI Design Awards competition provides a forum for students studying packaging design to show their creativity and ingenuity. The STI Group announced the winners of the 5th innovative packaging...
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The Ukrainian president sells its confectionery company
Date: 2014-11-17 11:32:28
Petro Porosenko Ukrainian head of state will sell his confectionery company, which is one of the largest in the world. The President of Ukraine, told the German newspaper Bild that...
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Almost half of the corn has been harvested in Zala County
Date: 2014-11-17 11:30:28
Forty-five percent of the corn is harvested in Zala County, the average yield is 6.98 tons per hectare – Süle Katalin, county chairman of the National Association of Agricultural Economics...
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MasterCard is working with Visa on an online payment simplifying standard
Date: 2014-11-17 11:22:17
The MasterCard and the Visa are working together on an online payment simplifying standard. The single-use passwords and biometric data will play the main role in the new standard –...
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It will be easier to trade with China
Date: 2014-11-17 11:20:19
The euro zone's first clearing platform calculating in Chinese currency started operations in Frankfurt. With the platform, operated by the Bank of China it is possible to carry out trade...
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Toshiba to produce lettuce
Date: 2014-11-17 11:12:38
Toshiba, the Japanese maker of laptops and TVs, has a new project — growing lettuce with no soil and in the cleanest of clean rooms. Because the lettuce can be...
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Low-grade seed sold without permission was seized by the NÉBIH
Date: 2014-11-17 11:10:04
The National Food Chain Safety Office (NÉBIH) seized a total of 600 kilograms – about 14 bags – of unknown origin oak seeds from vendors in the Biharnagybajom and Nyírbátor...
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