News and articles

Two and a halffold capacity at the Santa Claus Factory

The Santa Claus Factory will be open until 9 pm and collects donations at the Ötvenhatosok square in Budapest, as well as in some shopping centers across the country. According...

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NFH: A total of 60 million HUF fines

In total, about 60 million HUF fines were imposed by the National Consumer Protection Authority's (NFH) inspectors during their pre-Christmas consumer protection controls. Fülöp Zsuzsanna NFH spokesperson  told that the...

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New labor rules can adversely affect the work on Sunday

The possible interpretation of the new Labour Code can adversely affect several businesses operating on Sunday, especially in the malls. The shifted work schedule will be replaced by multi-shift work....

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Austrian Christmas retail sales defy with the crisis

According to the Austrian Economic Chamber (WKÖ); despite the slowdown of the economy, Austrian Christmas retail sales remain favorable. The turnover of furniture stores and electronics stores increased the maximum...

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Müller's logistics center in Letenye opens the middle of next year

In the middle of next year, the Müller drugstore chain's new international logistics center will start its operation in Letenye, Zala county – told the Ulm-based center of they company...

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A good year for Vajda Papír

The Vajda Papír Kft. closed a good year. The purely Hungarian-owned, leading hygienic paper manufacturer sales of this year exceeded 17 billion HUF and increased by more than 20 percent,...

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Magazine: New tax?

If the parliament approves the government’s proposal, from next year those working in the food sector will have to pay a food chain supervision fee. Although the name suggests a...

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Competition supporting families in need

The program called “We are supporting families” has been helping the every day life of the kids in SOS Children's Charity for years. This year, organizers of the progran decided...

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P&G Children’s Safe Drinking Water Program Shares Four Billionth Liter of Clean Water

The Procter & Gamble Company (NYSE:PG) announced today that it has provided its four billionth liter of clean drinking water through the P&G Children’s Safe Drinking Water Program (CSDW) by...

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The foreign currency rescue package can cause a moderate consumption growth

The last week announced foreign currency rescue package of the Government and the Banking Association can result the remaining of more money for consumption for a wide range of people,...

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Éder Tamás: there is no real taskmaster of food industry in the government

There is no real taskmaster of the food industry within the government – told Éder Tamás, president of the National Food Processors Association (ÉFOSZ) to agromonitor.hu. The Ministry of Rural...

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The Real and the Coop networks will accept the Erzsébet meal vouchers

The Real and the Coop networks both join to the Erzsébet meal vouchers accepting locations. The agreement was signed on Tuesday by Guller Zoltán, Managing Director of the National Travel...

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Carsten Knobel will be Henkel's new CFO

Carsten Knobel will be the new corporate vice president and chief financial officer (CFO) and will be responsible for corporate controlling at Henkel's cosmetics business branch, from the 1st of...

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Cigarette price increase earlier than planned

Tobacco excise tax will be increased earlier than planned in next February and in July, instead of the previously-planned May and November dates and the increase will be higher than...

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Goodman builds two new logistics centers to Amazon

The Goodman Group signed pre-lease agreements for two logistic centers with one of the world's largest web trading company with the Amazon.com. Both of the facilities that will be built...

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Ipsos Global @dvisory: The Economic Pulse of the World

A major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic...

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Goodman Wraps Up 2011 with 220,000 sqm Amazon Deals

Goodman Group (Goodman or Group) today announced that it will develop two pre-committed logistics centres for Amazon, one of the world's leading e-commerce providers. The developments in Koblenz and Pforzheim...

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Kométa is supporting students

Similarly to the previous year, Kométa's Santa has visited Kaposvár-based Bárczi Gusztáv Methodology Center on 6th December, in order to support students with a number of gifts. The company has...

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Proposed tax law amendments for 2012

From all sectors it is probably retail and consumption that are the most affected by the proposed tax law amendments – there are several products on which many types of...

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There is a need for genuine change

GKI forecasts that even to start the negotiations with the IMF successfully, genuine economic policy change and the return to market economy principles are required. Next year, however, this would...

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Lack of commercial credit, people buy from their savings

One week remained for Christmas shopping. According to the retailers; customers buy from their savings. The traffic datas indicate that this year's Christmas will be on the level of last...

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The GDP forecast of economic researchers for 2012: GDP will be between plus 0.3 and minus 1.5 percent

Kopint-Tárki forecats a 0.3 percent economic growth, while the Pénzügykutató a 0.7 percent decline, the GKI Economic Research forecasts 1.5 percent decrease in GDP next year. According to the Thursday...

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The webstores are the real winners of Christmas

Although it is still a week left until Christmas, now it is likely that the online shopping season ends with a remarkable success in Hungary. Internet sales are becoming increasingly...

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Sales of hair colouring, body lotion and toilet paper rose 1-6% in volume terms

Retail sales in Hungary of household chemicals and cosmetics fell 1% in value terms and 3% in volume terms in January-October from the same period a year earlier, market research...

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Increase on the market of luxury products

The global economic crisis created exactly opposite effect on the market of the most expensive products, the luxury trade representatives are reporting increasing revenues. This trend indicates that the richest...

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The Association of the Hungarian Tobacco Industry will be terminated

At the end of January, the Association of the Hungarian Tobacco Industry will be terminated – informed the organization MTI over the this decision, at the alliance's extraordinary general meeting...

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The NAV seized thousands of illegal alcohol products

In a two months time, thousands of liters of illegally produced alcohol products and more distilling equipment were seized by the National Tax and Customs Administration (NAV) – told the...

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Hungarian wine also participated at the ceremonial dinner of the Nobel Peace Prize Ceremony

The 2007 vintage 5 butt Aszú wine of the Royal Tokaji wine cellar took part at the gala dinner of this year's Nobel Peace Prize Ceremony. The event was held...

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Latest GfK data on the worldwide photo market in 2011

Technical innovations are the main reasons why consumers are happy with the latest digital cameras – even if they already own an older model. There is a particular demand for...

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Exciting diversity of events for ProWein 2012

With over 3,700 expected exhibitors from around 50 countries, ProWein 2012, from 4 to 6 March, will once again provide a unique comprehensive reflection of the international wines and spirits...

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