News and articles

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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The separate sectoral taxes will be terminated from 2013, the bank tax will be halved

The separate sectoral taxes will be terminated from 2013, the bank tax will be halved The sector specific taxes will be terminated from 2013, the bank tax will be halved...

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Agricultural emission was of 1800 billion HUF last year

Last year, despite the bad weather, the agricultural output has seen a 10 percent growth, reaching 1800 billion HUF – Rural Development Minister Sándor Fazekas announced on Tuesday at the...

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Chips-tax: coffee escaped

The NGM and the Rural Development Ministry would impose taxes on coffee, the Ministry of National Resources would not, but now the market participants have also started intense lobbying. The...

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Less than third of online shoppers pay with credit card

In case of online ordering, less than a third of the customer pay by credit card – shows the most recent survey of KutatóCentrum. During a year, the proportion of...

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Hungary's largest shopping center opens spring 2013

With the construction of the second phase of the Árkád in Budapest Hungary's largest shopping center trade area will be established in 2013 in the Örs vezér square. The construction...

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NAV: The deadline of chips-tax is approaching

The deadline of public health taxes so called chips-tax is approaching – told the National Tax and Customs Administration (NAV) to MTI on Tuesday. According to the Communication; the tax...

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Coca-Cola's flash report corresponding to the expectations

Coca-Cola's third quarterly report meets the expectations: by eliminating the effects of non-recurring items, profits were 1.03 USD per share in when the markets expected 1.02 USD. Management reports that...

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Raben investing in Hungary

European logistics operator, Raben Group, has today announced the acquisition of businesses in Poland, Hungary, Czech Republic and Slovakia. The Wincanton businesses in Poland, Hungary, Czech Republic and Slovakia provide...

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Danone would sell its bottled mineral water brands to a Japanese company

The Paris-based Danone would sell its Evian and Volvic bottled mineral water brands to the Japanese Suntory. In the scope of non-public negotiations Danone would sell its two brands of...

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Nike closes several shops in Hungary

In the forthcoming months several Nike stores are expected to be closed in Hungary. According to the informations of Pénzcentrum.hu; there are shops that are trying to sell only the...

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ZEW index: German business sentiment decreased

German investor sentiment fell in October. More and more signs indicates that the European debt crisis may spread to the banking sector. According to the survey of the German ZEW...

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Magazine: Price-value ratio is decisive when buying food

Nielsen conducted a survey in 55 countries, which revealed that 47 percent of Hungarian consumers are influenced in their food buying decisions by the price-value ratio of a product. 43...

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Coface country risk assessments: deterioration in Europe and in the United States

Coface notes a deterioration of the average strength of companies in Europe and in the United States and is placing on negative watch, or removing positive watch of, 8 developed...

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SAPS-payment to farmers began

The payment of the unified support per territory (SAPS) has begun this Monday by the Ministry of Agriculture and Rural Development. As a whole, a total of 280 billion HUF...

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Seven hundred companies on the positive consumer protection list

Across the country more than seven hundred companies are included to positive consumer protection list – told Pintér István, the Director General of National Consumer Protection Authority on Thursday in...

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Chamber of Agriculture: support can be requested for winery machines

The support for winery machines and technical equipment can be requested from the 17th of October. SMEs can request a 40 percent, while large corporations a 20  percent support from...

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42 wines from 14 wineries in three cities

The vitors of the Bországjárás wine region presentations can become acquainted with 42 wines of fourteen somlói wineries – including the Györgykovács, the Kolonics, the Kreinbacher or the Laposa between...

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Tesco aims the furnishings market

Tesco would conquer the Hungarian furnishings market – at least a part of it. The department store chain extends its range running under the F&F brand. Although there is no...

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The new Apple I-phone broke all previous records

Apple's new I-phone broke all previous premiere records this weekend. Up to four million pieces could be sold in the largest markets. According to the informations of Világgazdaság the new...

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CBA takes over the operation of the units of Delikát Kft.

The CBA Kereskedelmi Kft. takes over the operation of 19 units of its franchise partner, the Delikát Kft.. The Delikát Kft. is suspected with tax evasion. The CBA Kereskedelmi Kft....

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Successful record attempt at the Egg Festival in Siófok

The Sunday Guinness record attempt of the popular Egg Festival of Siófok was successful. In the scope of the Guinness record attempt, the favorite egg dish of Liszt Ferenc, made...

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A CBA store burnt down in Pesterzsébet

Sunday night, the CBA store in Kossuth Lajos Street, Pesterzsébet burnt down. 11 people had to be evacuated from the flats of the building of whom six residents were taken...

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(HU) Rekord számú gesztenye rudi fogyott a Gesztenye Napon

The annual charity CHESTNUT DAY ended with a great success, where 328,650 HUF donations were gathered, thanks to the customers who had the intention to help. Thanks to the pleasant...

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Magazine: The majority of Hungarian consumers mostly improvise when buying food

Hungarians’ main motives for buying food are very different from the European average. Most Hungarians improvise and go shopping when they have run out of something. On the contrary, the...

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Nestlé opens hypoallergenic infant formula factory

Nestlé opened a new EUR 117 million (over CHF 149 million) factory in Germany dedicated to producing hypoallergenic (HA) infant formula. As an extension of the Company’s 106 year old...

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New Concept and New Look for InterMopro, InterCool and InterMeat 2012

Preparations for InterMopro (dairy products), InterCool (frozen foods, ice cream, technology) and InterMeat (meat and sausages), held from 23 to 25 September 2012, are in high gear. The exhibitor invitations...

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The chocolate factory of Salgótarján has burnt down

The entire Christmas-candy collection was perished by fire at the chocolate factory in Salgótarján on Saturday, early in the morning. Luckily, no person was harmed, but the damage might be...

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ÉFOSZ: ” The government continues to punish the Hungarian food industry”

According to the National Food Processors Association (ÉFOSZ), the government continues to punish the Hungarian food industry with higher tax, does not think about its economic consequences. The professional organization...

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NGM: export pulled the expanding industrial production

The industrial production in August was 4.4 percent above the year-ago level, while total sales were 2.5 percent higher, than in August 2010 – said the National Economy Ministry (NGM)...

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