News and articles

GKI-Erste economic sentiment index reached its lowest level in the past two years

In December, after an almost continuous decline of ten months, GKI-Erste economic confidence index adjusted for seasonal effects fell to its biannual low. According to the empirical survey conducted by...

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Tobacco-products might become a state monopoly

Tobacco-product retail might turn to be a state monopoly from 2012, in case the Parliament says yes for the law to protect minors and re-regulate the rules of tobacco retail....

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SGS: tests protect the brand and the consumer

SGS’s food testing services span the entire food supply chain from raw and semi-manufactured foodstuffs to final products in all principal food segments, helping protect consumers from potential hazards such...

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People over 70 gives generous gifts

People over 50 will spend an average of 44,188 HUF this year on Christmas presents. People over 70 are those who spend the most on gifts, an average of 57,333...

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KSH: 29 thousand people more worked for businesses in the first ten months

In the first ten months of this year, 29 thousand (1.6 percent) more people worked in the business sector more than in the same period in 2010. In the national...

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The Futureal is confident that the Etele City Center can be built

Most of the developers and traders are adversely affected by the plaza stop, approved at the end of November. The government's measure that aims to support retailers, makes the situation...

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Tettye spring water being sold in the Zsolnay quarter

The high-quality spring water bottled by the Tettye Forrásház Zrt. will be sold in the recently opened Zsolnay Cultural Quarter. The Tettye Forrásház announced in spring 2010 to begin the...

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China reduces import duties on more than 700 products next year

In order to boost the domestic consumption and to subserve economic restructuring Beijing reduces import duties on more than 700 products from the 1st of January – announced the Ministry...

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Wine short stories on the bottles

The Italian Feltrinelli bookstore chain allied with Northern Italian wine producers. The writing on the drink can be read on the side of the bottle. The cooperation lasts for 6...

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EU's food charity program's funding will not be cut

The EU decided not to cut funding for a program that has helped feed the continent’s poorest citizens for the last 25 years. As the economic downturn drags on, more...

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Purchase Hungarian products!

Veddamagyart.info is a Hungarian website promoting the purchase of Hungarian products. Purchasing local product has turned out to be a conscious and trendy customer attitude in the past few years,...

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New Lidl store in Budapest

On 15th December, Lidl has opened its newest store in Budapest. The store is located in district 3, at Bécsi út 325-337., under 1200 square meters, with a wide selection...

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Hungarian Grey cattle meat under protection

The European Commission has registered the “Hungarian Grey cattle meat” into the register of protected and designations of origin geographical indications – told the Ministry of Rural Development (VM) to...

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The price of pork may exceed 400 HUF

The price of live pigs could stop, but it has not yet built in in the transfer prices, so continuous price increase of meat and meat products is expected in...

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Hungary's GDP per capita is under the two-thirds of the EU average

The per capita GDP in 2010, was 64.7 percent of the EU average in Hungary – reported the Central Statistical Office (KSH). In Hungary, the per capita GDP calculated on...

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Forty-seven tons of cargo was withdrawn by inspectors

During the first phase of the winter food chain control – which took place between November 21 and December 4 – food security professionals withdrew a total of 46.7 tonnes...

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Fornetti Romania requested bankruptcy protection

The Fornetti Romania initiated bankruptcy protection proceedings on Monday in the competent court in Temesvár (Timisoara) – told the owner the Hungarian Fornetti Holding Ltd. to of MTI. According to...

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Tetra Pak donated 12 thousand liters of milk to the needy children

Tetra Pak Hungária Zrt. donated 12 thousand liters of milk to the residents of 38 children's homes that are maintained by the Municipality of Budapest. The gift was handed over...

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Christmas shopping in Italy: more for less money

Italians are buying gifts to each other this Christmas in the spirit of saving – states the survey of the Confesercenti trade association. Every Italian buys 6-10 gifts for the...

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Charity for Christmas: Tesco helps 15 thousand people

Food for a total of nearly 40 million HUF was donated by the customers of Tesco for families in need, The Christmas charity program was initiated by the Hungarian Red...

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Tchibo's social responsibility is appreciated

The representatives of the Hungarian subsidiary of Tchibo have received the award by the Hungarian Public Relations Association for exemplary corporate social responsibility. Tchibo is dominated by the practice of...

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Heineken supports civil organisations

Local events will be sponsored by the support offered by Heineken Hungária Ltd within the compass of zhe Heineken Hungária for Sopron/Martfű charity program. The event was launched for the...

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The Poultry Product Board complained Four Paws at the Competition Authority

Notifications were made by the Poultry Product Board to the Competition Authority (GVH), against the Budapest-based Four Paws (NM) Foundation, because the Four Paws with its discreditingcampaign misleads the consumers...

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KSH: increase in grain prices moderated in October

The agricultural producer price level in October was 13.4 percent higher than a year ago. The producer price the plant products increased by 12 percent, the producer price of live...

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The VM launches a sheep and cattle-breeders support program

2013 will be the peak year of the sheep sector, when The Ministry of Rural Development (VM) will pay the amounts available next year. The farmers will receive a 5,000...

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Campaign promoting fish consumption will start next year

The Aranyponty Zrt. launches a marketing action entitled Fish Friday to more widely promote fish consumption – said Lévai Ferenc,  Chairman and Chief Executive Officer of Aranyponty Zrt. on Tuesday...

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Champagne is catching up again

Az év első 11 hónapjának forgalmi számai, a hazai pezsgőpiac újbóli fellendülését mutatják. Mind a Nielsen piackutató cég által mért forgalom, mind a Törley Kft. forgalmi statisztikái alapján megfordult a...

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13 percent of the small businesses have webshop

According to the survey of Budapest Bank; 90 percent of the respondents have purchased online, while only 13 percent of the small businesses have a webshop, although it would significantly...

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Christmas event for the disadvantaged children

The International Children's Emergency Service (NGYSZ) awaits the disadvantaged children  who are living in poor material circumstances with sweets, festive packs and Christmas program on Friday in the Millennium Court...

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Business climate improves in Germany

According to the Tuesday published datas of the ZEW economic research institute, in December, a slight improvement occured in the business sentiment in Germany. The next half-year forward-looking expectations index...

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