News and articles

IKEA doubles its investments

The net profit of the world's largest furniture chain rose by 10.4 percent last year in the fiscal year closing with August. The company in the current fiscal year doubles...

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Magazine: This year’s BrandFestival was an intellectual assembly

BrandFestival, the marketing profession’s flagship event was organised for the 11th time this year. This time r-time also joined the programme, organising a mini-conference on television content. More than 600...

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Grüne Woche in Berlin: report from the venue

Ernő Bajai's report from the venue The greatest food trade show of the world Berlin-based Grüne Woche is opening its gates on Friday morning. “We expect 400 thousand visitors as...

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The consumer protection authority introduces the national consumer product basket

After the positive list of businesses, the National Consumer Protection Authority (NFH) supports the dissemination of quality-conscious consumption with the introduction of national consumer goods basket – told Pintér István,...

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The number of new legal jobs significantly increased in last December

In last December, more than 10 thousand employers announced almost 33 thousand new jobs in Hungary, so compared to Novemberm, the number of new legal jobs increased by 11.1, compared...

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The IMF changed its world economic growth forecast

The International Monetary Fund (IMF) has reduced this year and next year's world economic growth forecast referring to the negative effects of the eurozone’s debt crisis,. According to the IMF...

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Malt production stopped in Nagykanizsa

Malt production has stopped in Nagykanizsa on the ruins of the Kanizsa Brewery ruins – writes the Zalai Hírlap. Three years ago the representatives of the Fidesz were talking about...

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The FOODAPEST and the UKBA join forces on HUNGEXPO

HUNGEXPO’s two food trade fair the FOODAPEST and the UKBA will occur together between the 5th and 8th of February. The FOODAPEST and the UKBA prepares with new programs, 21st...

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Zimbo launches a new ham product family

A wide selection of Abraham hams is available by ZIMBO, including traditional Abraham hams and international specialities. From Jnuary 2012, the Hungarian manufacturer of Abraham hams is Perbál-based ZIMBO. The...

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The Festival of Tokaj wines will have different program this year

Instead of Pentecost, the Festival of Tokaj wines awaits its visitors on the first weekend of June (June 1 to 3 2012) – informs the organizers. Another change that the...

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A Pálinka distilerry will be established in Somlóvásárhely

A Pálinka distilerry will be established in Somlóvásárhely with a nearly 800 million HUF investment. The facility is scheduled to be handed over in May this year – informed the...

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eBay closed last year with a strong Christmas

eBay has reported a double-digit growth for the fourth quarter of 2011 both in revenues and profits, thanks to the strong Christmas season. The company's revenues grew by 35 prcent...

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The honorary citizens of Szekszárd will be the winemakers of the year

The Assembly of Szekszárd awards honorary citizenship title to those winemakers of Szekszárd who won the winemakers of the year from theHungarian Wine Academy. Three winemakers will receive the title...

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Magazine: Average price was up five percent

The chaotic economic environment made European consumers more reserved. In the third quarter less food and household chemicals and cosmetics were sold in Hungary and in other 12 developed European...

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Email Print JPMorgan Chase reports fourth-quarter 2011 earnings

JPMorgan Chase reported net income of $3.7 billion for the fourth quarter of 2011, compared with $4.8 billion for the fourth quarter of 2010. Earnings per share were $0.90 for...

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Corruption in public procurement and in general in Hungary

GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy.  This study summariee the most important result and formulated proposals to the Public Procurement Council,...

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Fruity taste is getting more and more popular

Meeting the desires of female drinkers has historically been high on Carlsberg’s list of priorities. Thanks to work undertaken in Switzerland two years ago – a reasonably successful attempt to...

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Hungarikum-law in order to protect national values

The Government since its establishment gives priority to protecting Hungarian values. The Hungarikum Act adopted by the Government also serves this goal – said Giró-Szász András government spokesman at a...

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The price of sugar can increases further this year

The price of sugar spectacularly increased last year, the trend could continue this year. Experts in Somogy county predict 10 to 15 percent increase for 2012. Temporary supply difficulties, capped...

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Improved business sentiment in Germany

According to the Tuesday published datas of the ZEW economic research institute; business sentiment in Germany has improved in January. After a steady decline, the next half-year forward-looking expectations index...

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The Competition Authority fined consumer groups

The Competition Authority fined three consumers groups for a total of six million forints for providing misleading informations to consumers – the GVH announced on Wednesday. The competition authority fined...

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The Trigánit started the construction of the shopping center in Poznan

TriGranit has started the construction of the shopping center with the ceremonial cornerstore foundation. The handing over is planned for the end of 2013. A majority-owned Hungarian company’s representatives stressed...

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2012: a new chance for family businesses

As the seasons change and family business leaders measure and evaluate 2011 against what lies ahead, it is natural for them to want more and better information. The economy seems...

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Az invitation to FOODAPEST by Szintézis

Szintézis Informatikai Co. would like to invite you and workmates to the international beverage, food, food-technology and horeca tradeshow Foodapest, located at HUNGEXPO, at pavilon A. You can sign up...

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Coface Country Risk: Companies’ solidity already impacted by the systemic crisis in Europe and political risks in emerging countries

On the occasion of its 16th Country Risk Conference, Coface is principally issuing a warning about the systemic nature of the current crisis, of which the Euro zone is the...

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Lego starts the construction of its new factory in Nyíregyháza this summer

The Danish Lego Group begins the construction of its new factory in Nyíregyháza this summer – announced Jens Peter Clausen, managing director of the Lego Manufacturing Ltd. on Tuesday in...

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DM shopping carts with magnifying glass

dm drogerie markt has launched a range of unique sevices: shopping carts with magnifying glass. The new product is available in 251 stores, where every shopping cart is available with...

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Metro expects a smaller profit

Metro AG's management confirmed that the overall last year result will be probably somewhat lower than the 2.4 billion euros of 2010. Metro's shares since November, shows the biggest intraday...

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Lidl to sell mobile subscriptions

Discount hypermarket chain Lidl will start selling mobile-phone subscriptions in the first quarter, news website hwsw.hu reports. Industry sources speaking on condition of anonymity said Lidl will not become a...

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Support for goat keepers

The Magyar Agrárkamara (Hungarian Chamber of Agriculture) grants support to the she-goat keepers. The amount of the support is 3,000 HUF per goat. The applications should be sent by mail...

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