News and articles

OTP Bank was down

The Budapest Stock Exchange’s blue-chip BUX index opened Tuesday trade down 0.50% at 18,924.60. BSE blue-chips stood as follows at Tuesday’s opening bell: OTP Bank was down 0.99% at HUF...

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Ipsos: Telework is minimal in Hungary

In Hungary, 8 percent of employees work regularly or occasionally in telework, while a third of them are willing to work full time in this form – shows the international...

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Junior Expo comes in March

The organizer, the Agria Universitas Society (AUE) expects for at least the participation of 150 exhibitors for this year's Junior Expo to Eger. The reputation of the first two events...

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Praktiker needs an urgent loan

Praktiker has an urgent need for several ten millions of euros loan, to recharge its stores with goods for the spring – wrote the Financial Times Deutschland (FTD) on Tuesday....

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High proportion of fake food in China

According to the report of China's quality control authority; more than 100 thousands cases were investigated in China over fake or substandard products last year. The total value of the...

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The Bicskei Mezőgazdasági Zrt. trusts in direct sales

The Bicskei Mezőgazdasági Zrt. sells 25 percent of its Milk production directly, resulting in an additional revenue of about 25 million HUF – told the director of the company to...

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The Hungarian Franchise Association awards the best franchise networks on Thursday

The gala night of the Hungarian Franchise Association is held every year. The prestigious event will be held now in a four star hotel, in the Ramada Plaza Hotel Budapest....

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New venue for the fifth Mangalica Festival

The Mangalica Festival between 3. – 5. February 2012 launches the series of many gastro festivals held yearly in Budapest. The festival moves to a new venue from previous years'...

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The fall of GKI-Erste economic sentiment continued this year as well

Consumer expectations have been declining for more than 15 months, whereas business expectations stagnated in the last quarter of 2011 following sharp deterioration lasting for eight months, but they fell...

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Tradeshows are in the focuse of the first Foodclub Workshop

The situation of Hungarian food-economy and the possibilities of making it even more compatible are in the major focus if the new, freshly started workshop of Foodclub Workshop. The first...

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MKIK: mandatory chamber registration

At the special meeting of the Hungarian Chamber of Commerce and Industry (MKIK), the amendment need for the introduction of the mandatory chamber registration system. Parragh László, president of MKIK...

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Beekeepers expecting favourable world market prices

The demand and the world market price of honey is favourable: so in the case of adequate rainfall Hungarian beekeepers can expect a good year; currently the biggest problem is...

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Magazine: Typically only one kind of dressing ends up in the basket

GfK Hungária’s Consumer Scan reports that 90 percent of households bought some kind of dressing in September 2010-August 2011: 70-70 percent bought mustard and mayonnaise, while ketchup can be found...

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About 300 billion allocated to Darányi Ignác Plan

This year and next year, about 300 billion HUF will be given to the implementation of  the Darányi Ignác Plan. Of this amount the development and launch of the EU...

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The increase of cocoa at the commodity exchanges may continue in long-terms

The European and American chocolate consumption decline visualization fears again interrupted the increase of cocoa in the commodity exchanges, while the fall of euro zone continues to be a threat....

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Abda's meat plant to be closed

Debreceni Csoport Kft. closes its meat plant in Abda and lay off 86 employees in March – writes the Kisalföld. The main reason for the decision is the decrease of...

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Shops on wheels in the Czech Republic

The rural shops on wheels are enjoying theirrenaissance in the Czech Republic: the rolling shops that were launched due to the once-erratic food supply are became the target of the...

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The distillery of Győr expects higher revenues than last year

The Győri Szeszgyár és Finomító Zrt. Expects a 10 percent increase in revenue. Last year revenue was 7.5 billion HUF – told  Folláth György Chairman of the Board to MTI....

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Shopping tourism in Hungary shows a mixed picture

The shopping-tourism in the counties near the border showed a mixed picture over the past few weeks. The foreigners and Hungarians mainly go shopping to the other side of the...

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Winery training at the college of Eger

Eger’s well-known wineries developed e-learning winery materials for the Eszterházy Károly College in Eger with the support of the New Széchenyi Plan – informs the media referee of the institution....

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Douwe Egberts Omnia chose the poem of the country

Douwe Egberts Omnia has launched a special campaign last year within the compass of which the POem of the Country was chosen by enthusiastic voters. The three most popular poems...

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More food is needed, with sustainable and environment-friendly solutions

Bajai Ernő's report from Grüne Woche tradeshow New players have joined the focus of the food world market. Since the demand is growing, China and Brazil entered the market as...

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The Alimentaria Hub, at the heart of innovation, trends and knowledge

Alimentaria, the Food and Drinks Exhibition, is more than an international marketplace, it is an emporium of dialogue, exchange, information and knowledge on the trends and challenges of the food...

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Meat Processors afraid of Hungarian meat market collapse

Due to the loss of the meat processors many companies can get into bankruptcy, the Hungarian meat market can even collapse – said Fazekas József, head of the Kelet-magyarországi Húsosok...

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Wages increased higher than expected a slowdown can come this year

Earnings increased higher than expected in November, but according to analysts; the growth dynamics will slow down this year, while the big question is, how will the employment develop. The...

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KSH: the quantity of harvested maize and sunflower increased significantly last year

Last year, the cereal yield was 1 million 493 thousand tonnes more than in the previous year, a total of 13.8 million tons of grain has grown – reports the...

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Mothers pay attention to quality when purchasing dairy products

Mona Hungary Ltd., the company behind the brand Montice has carried out a research project about the attitude of Hungarian families with primary school children towards dairy products. The mothers...

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The European Commission will review the planting rights

The European Commission will establish a high-level advisory group in order to revise the system of the vineyard replanting rights to – announced Dacian Ciolos, Agriculture Commissioner in Berlin at...

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Czech authorities banned Polish eggs, due to animal welfare reasons

The Czech health authorities have banned the marketing of 420 thousand Polish eggs. In Prague, the Ministry of Agriculture spokesman said that the eggs came from farms that do not...

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Bankruptcy at Schlecker?

The German dpa news agency confirmed the informations of the “Lebensmittel Zeitung” over the German cosmetics distributor the market leader Schlecker’s bankruptcy. The Schlecker produces loss for years, due to...

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