News and articles

KSH: agricultural producer price level rose in June by 1.5 percent

In June, the producer price of agricultural products grew by 1.5 percent, compared to a year earlier. While the price of crop products fell by 1.7 percent, the price of...

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Nestlé’s former CEO expects a further rise in global food prices

Food prices are expected to increase further all over the world – told Peter Brabeck-Letmathe, Nestle chairman of the supervisory board, to an Austrian newspaper. After the food crisis of...

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The Nébih tested breads

The National Food Chain Safety Office (Nébih) found deficiencies during the inspection of bakery products, serious food safety risk factors were not found – Nébih told MTI on Wednesday. The...

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The Szabolcsi apple-poppy cake became the cake of Hungary

The Szabolcsi apple-poppy cake won the the Cake of Hungary title this year, while the gooseberry sugar-free apple pie was chosen as the Best Sugar Free Cake of Hungary. The...

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Chains are opening small shops in Croatia

The Austrian Spar opens small shops in Croatia during the autumn. In Croatia sales continue to decrease. In June, Croats bought 5.1 percent less than a year earlier. After the...

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POPAI POP competition is on again!

It is the third time that the POPAI Awards POP competition takes place, juried within the compass Business Days 3 days conference: any POP-dice creator can compete for the prize....

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Retail sales have expanded in the U.S.A.

Retail sales increased in the United States by 0.8 percent in July, instead of the expected 0.2 percent – the U.S. Commerce Department announced. The increase in demand can be...

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A six-day long beer festival in Belgrade

The most popular pop-rock bands of Serbia, Croatia, Bosnia-Herzegovina, Slovenia and Macedonia will perform at the 10th Belgrade Beer Festival, which is the largest such event in South East Europe,...

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KSH: GDP decreased by 1.2 percent in the second quarter

Hungary's gross domestic product (GDP) decreased by 1.2 percent in the second quarter, compared to the same period of last year. Seasonally and calendary effect adjusted the GDP decreased by...

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Food prices increased by 6.1 percent in a year

Consumer prices in July were 5.8 percent higher than a year earlier, while compared to the previous month, decreased by 0.1 percent – the Central Statistical Office (KSH) announced on...

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Investment mood on nadir

“The investment intention of the domestic businesses decreased to depths, that have never experienced. Less than half of the SMEs are thinking about development. In terms of the subject of...

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Huge amounts of homemade pálinka may enter the markets

From the 27th of September 2010 it is possible to produce pálinka tax-free at home. On the basis of the datas of the tax authority and from the amount of...

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RSM DTM: how to reduce the costs of starting school?

The start of school is coming soon. The usual expenditure per child can exceed 50 thousand HUF.  Kalocsai Zsolt, the President and CEO of RSM DTM, it is worth to...

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Stevia: sweet taste naturally and calorie-free

Stevia is one of the plants that have positive effect on the human organism. Due to its sweetening effect we can call it as the super star of plants as...

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Conference on e-invoicing

On September 11, a conference will be held in the organization of ECR Hungary on electronic invoicing in Budaörs. At the event a number of professional will take part. Themes...

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The wheat is already grinded for the bread of the Hungarians

The wheat grinding has started for the bread of the Hungarians on Tuesday: The two-day work is carried out by the Lamepé Kft. in its mill in Szigetvár, that was...

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Tesco launches a café chain in the UK

Tesco has teamed up with an upmarket London-based coffee shop to launch an ‘artisan’ café chain in the UK. The new chain, Harris and Hoole, is majority owned by a...

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Back-to-school offers in Tesco

Starting from 1st August 2012, a special set of special offer back-to-school programs have been launched by retail-giant Tesco in Hungary. Since most schools have different lists of needs, this...

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Famous Grouse aims to set record for world's largest whisky bottle

The Famous Grouse is making the record attempt to celebrate its 107th birthday. The 200-litre bottle, which will hold the equivalent of 8,000 drams, is expected to set a new...

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Hungarian wine production on the edge

The Hungarian wine production is in disastrous situation: obsolete vineyards, illegal markets, cheap import wines, the atrocious weather of the last three years and the regulatory environment, projects a dark...

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The harvest has ended, wheat has high-quality

This year's harvest has been completed. The previously expected 4 million tons of wheat is in the granaries. The quality is good, or excellent – Czerván György State Secretary of...

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Global food price increase may come due to the U.S. Drought

The drought that has not seen since at least half a century, destroyed the one-sixth of the U.S. corn crop and threatens with a jump in global food-prices – writes...

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The Agrana-Juice starts the purchase price of apple juice with a net 28 HUF

The Agrana-Juice Magyarország Kft. starts the purchase price of apple juice with a net 28 HUF per kilogram on Monday – Szigeti Zoltán, managing director of the company told MTI....

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Pig-breeders are protesting against the introduction of the reverse VAT

The Association of Hungarian Pig Breeders are objecting against the introduction of the reverse VAT payment in live pigs trade. According to the association, those pig breeders who buy mixed...

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KSH: average net income was the highest in Budapest last year

The average monthly net income of the full-time employees was the highest in Budapest last year both among intellectual and manual workers – shows the county and regional statistical yearbook...

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Rihanna “too sexy” for Nivea

So it comes as little surprise that Rihanna's advert for Nivea has been deemed too sexy to front campaigns for the skincare brand. The star appeared in a series of...

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Nielsen: ninety-three percent of Hungarians believewe are facing a recession

Seven percent of the Hungarian population thinks that Hungary, at the moment, is not facing recession. However, 93 percent of those asked is in the opinion that there is a...

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Mall developments to increase with a quarter this year

In 2012 the new shopping center developments are expected to exceed last year's level by 25 percent, to fulfill the retail trade’s demands for modern retail spaces – shows CB...

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Reverse VAT on live pigs and pork

The Ministry of Rural Development (VM) would introduce reverse VAT on live pigs and pork products. The  proposal will be the theme of the next government meeting – told V....

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FAO: The restrictions on grain exports may lead to food crisis

If the grain-producing countries will introduce export restrictive measures again, a similar food crisis may occur as in 2007-2008 – warns the report of the United Nations’ Food and Agriculture...

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