News and articles

Consumer and business confidence improved in Hungary

In March the GKI-Erste economic sentiment index adjusted for seasonal effects rose to its 2011 late summer level following a continuous decline of almost one year (except the last two...

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150 billion HUF spent on domestic advertising last year

One hundred and fifty billion HUF was the domestic advertising cake in 2011 – was said at the Media Market and Research 2012 conference in Tapolca. On the forum of...

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Food controls from farm to fork

A new authority, the National Food Chain Safety Office controls the Hungarian food from farm to fork from the middle of this month – Fazekas Sándor, rural development minister announced...

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The construction works of the Hegyvidék Center are completed

The implementation of the Hegyvidék Center in the 12th district soon to be finished. This year’s only new and modern retail development is scheduled to open its doors in mid-October....

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Beer production increased again after three years in the Czech Republic

Last year, beer production increased again in the Czech Republic after three years of decline. The annual increase was 2.7 percent, compared to 2010  – the Czech Brewers Association announced...

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142 Hungarian awards at Destillata

Austria's pálinka competition Destillata has closed with outstanding Hungarian results this time: 187 manufacturers (26 of them from Hungary) has closed with 1662 samples. The nationl winner with 20 awards...

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Only 13 percent of the domestic SMEs are operating a webshop

Only 42 percent of the domestic small and medium-sized enterprises have internet sites. Only 13 percent of them are running a webshop. Since more than half of the domestic consumers...

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McDonald's: Don Thompson will replace Jim Skinner

A leader change will occur at the world's largest fast food chain.  Jim Skinner, leader of the chain retires in July – announced McDonald's. Chief Executive Jim Skinner will retire...

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Pasta factory opening in Verpelét

A specialized, frozen, stuffed pasta factory is being manufactured in Verpelét, with a base area of 5400 square meters. The factory by Asiafood Ltd. is going to start operating on...

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Water is one of the safest type of food

There are 7 billion people to feed on the planet today and another 2 billion are expected to join by 2050. Statistics say that each of us drinks from 2...

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New City SPAR in the city centre

The eight City SPAR store has opened its gates the city centre of Budapest on 22nd March 2010, at Vértanúk tere 1. The first City SPAR store has opened in...

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Application for consumer protection logos

The consumer protection authority announces the consumer-friendly logo, in order to promote quality conscious purchasing: the trademark can be won under strict conditions, in the scope of a competition –...

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The meat plant in Debrecen remains closed

After several months of agony, now both sides see that all efforts to restart the meat plant in Debrecen may be unsuccesful – Hajdú-bihari Napló wrote on Wednesday. Szűcs Viktor,...

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Program for the revitalisation of the onion production in Makó

The Ministry of Rural Development with the involvement of the producers develops a Makói Onion Program in order to revitalise the worldwide known and high value onion production in Makó....

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Deutsche Bank does not invest in food

Deutsche Bank stops the issuing of investment products, backed by important agricultural or food products. The bank wrote in its report on responsible corporate behavior,  that this year they will...

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Metro has increased the number of its stores

Last year, the Düsseldorf based Metro Group’s sales decreased by 0.8 percent to 66.7 billion euros, its after-tax profit decreased by 2.1 percent to 741 million euros. To the results,...

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Card reader connected to Smart phones from PayPal

PayPal’s new service, the PayPal Here application allows almost any kind of payment management services for small businesses. The smartphone can be the formed into a full-featured credit card terminal....

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Fruits and vegetables also beautifies you

The vegetables and fruits are not only health guards, but also beautifies you – by using them “internally”, for example not as packing cucumber on your skin. British researchers at...

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Twenty-four thousand hectares of wheat is in critical condition in Békés county

Winter wheat is in critical condition on about 24 thousand hectares in Békés county. This is 25 percent of the county’s sown area. The crop is poorly developed, and because...

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Impressive Presentation: BEAUTY INTERNATIONAL posts outstanding results

Düsseldorf once again earned its name as the European capital for cosmetic professionals this weekend. The trade fair BEAUTY INTERNATIONAL DÜSSELDORF enthused both exhibitors and visitors alike, confirming the fairs'...

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Huge Hungarian success at the International Make-up Championship

The International Make-up Championship, within the compass of BEAUTY INTERNATIONAL DÜSSELDORF saw make-up tributes of 15 countries competing with each other on 10th March 2012. The main topic of this...

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Gluttonous Thursday: about 160 thousand guests

About 160 thousand guests took part on this year’s Gluttonous Thursday-action in more than a thousand domestic restaurants. The Hungarian National Tourist Office’s (Magyar Turizmus Zrt.) survey showed that 28.2...

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MGYOSZ: the environmental product fee does not point towards simplification

The Federation of Employers and Industrialists (MGYOSZ) has recently received several indications that the environmental product fee – introduced in 2011- puts excessive administrative burden on domestic companies in its...

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Poultry meat prices is expected to increase in three steps

Poultry production and processing costs have significantly increased since 2006, while consumer prices grew in a much lesser extent – shows the analysis of the Poultry Product Council. Therefore, due...

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The food chain surveillance fee can disadvantage the domestic products

The regulation that controls the food chain surveillance fee is expected to enter into force from late March, early April – the experts of PricewaterhouseCoopers (PwC) Ltd. published at a...

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AmCham: innovation is a key determinant of a country's competitiveness

Research&Development&Innovation (R&D&I) are the key factors that basically determinate a country's competitiveness – emphasized Havas István, chairman of the American Chamber of Commerce (AmCham) operating in Hungary at Tuesday’s press...

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More money in circulation with less debit cards

Hungarians are trying to use their debit cards more and more economically – shows the datas of the Hungarian National Bank. Less cards were used but more money was taken...

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At the beginning of the year gross average salary was 219 000HUF in Hungary

In the first month of 2012 gross average salaries rose in the national economy by 4.3 percent, whereas net salaries excluding family tax benefits rose by 1.4 percent in comparison...

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KSH: average gross wage changed

The average gross earnings of the full-time employees were 219,100 HUF in January. The wage of those who are working in enterprises was 225,000 HUF, while employees at the budgetary...

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Liquidation proceeding was launched against the Magyar Tejtermék Kft.

Liquidation proceeding was initated against the Magyar Tejtermék Kft. (previous name: Tiszatej Kft., before 2011) The company which was profitable earlier, accumulated significant losses in 2010. The company had a...

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