News and articles
The excise tax increase may appear in consumer prices
Date: 2011-09-08 13:10:24
According to traders; the government's intention to increase taxes is moderate, but the increase in excise duty willentirety appear in consumer prices. It is excluded that the trade could swallow...
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The majority owner of the Magyar Cukor Zrt. prepares for price increase
Date: 2011-09-08 12:40:03
The Austrian Agrana group, which is the majority owner of the Magyar Cukor Zrt. is expected to increase sugar prices by more than 20 percent from October – told Johann...
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Takeover of mill boosts PannonMill's capacity to 300 thousand tons
Date: 2011-09-08 12:31:43
Milling company PannonMill's takeover of operations at a mill in Baja is going to raise its market share from 20% to 25-26%, chairman-CEO Zoltán Poór pointed out within the compass...
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Central European Top 500: The consumer goods manufacturers and trading companies are among the losers
Date: 2011-09-08 12:31:07
The Deloitte compiled the Top 500 list of the Central European companies. Mol holds its 2nd position with its 15,530 million euros net income of last year, while Audi Hungária...
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New senior consultant at Interim Management Resourcing
Date: 2011-09-08 11:57:41
As of September 1 st 2011 dr. András Köves joined the team of Interim Management Resourcing Kft ,as senior consultant. Köves will bring in 30 years of sales and marketing...
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Nestlé won the Stockholm Water Prize
Date: 2011-09-08 11:20:50
Nestlé is the winner of the 2011 Stockholm Water Prize. The prestigious prize was handed over in the scope of the World Water Week held in the end of August....
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Eu’Vend+Coffeena opened its gates in Cologne
Date: 2011-09-08 11:14:40
Eu'Vend isl be held in Cologne for the fifth time from 8th to 10th September. We have remained true to our philosophy, retaining tried and tested elements while at the...
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Nielsen receives Business Superbrand Award
Date: 2011-09-08 11:01:03
Market research company Nielsen was awarded a Business Superbrands award by Superbrands this year. “It is a very valuable feedback about the brand Nielsen. We appreciate the decision of the...
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More support for the restructuring of vineyards
Date: 2011-09-08 10:31:20
Farmers receive about 12 billion forints in the next two years, for the restructuring of vineyards – the Ministry of Rural Development (VM) has informed MTI. For community-financed program for...
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Motre than thirty wineries at the Szekszárd Vintage Days
Date: 2011-09-08 10:25:43
More than thirty wineries from the Szekszárd and Tolna region are going to present their wines within the compass of the 7th Vintage Days of Szekszárd, from 15th to 18th...
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Fruit prices go up in Slovakia
Date: 2011-09-08 09:02:46
According to initital estimates, high-quality fruit will get 10-30 percent more expensive in Slovakia – daily Új Szó from Bratislava pointed out this week. Apple-crop is expected to be about...
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Hungary's competitiveness improved four places
Date: 2011-09-07 13:20:38
Hungary stands on the 48th place from last year's 52nd place in the global competitiveness ranking of the World Economic Forum (WEF) in 2011 – announced Palócz Éva, CEO of...
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Industrial production growth may be six percent this year
Date: 2011-09-07 13:00:35
Both the external and internal demand fell, so the industrial production increase in July was better than expected, but analysts polled by MTI expect a 6 percent annual growth. In...
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One sow per one small farm
Date: 2011-09-07 12:41:59
The government's pork sector strategy is based on the doubling of the pig population. The first step of the strategy is to increase the domestic pig stocks with 800 thousand...
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Visa: The driving back of cash use would help the fight against underground economy
Date: 2011-09-07 12:40:57
According to the study of Visa Europe; the size of the European shadow economy can be 2,100 billion euros, which is an average 20 percent of the GDP in the...
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The European Court of Justice protects the GM-free honey
Date: 2011-09-07 12:40:03
The European Court of Justice on Tuesday strenghtened the right of the beekeepers and consumers to GM-polluted free honey. The Court decided that for the distribution of honey containing pollution...
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University classrooms sponsored by Tesco in Pécs
Date: 2011-09-07 12:39:08
On Monday afternoon, the newly furnished classroom of the Faculty of Economics of the University of Pécs was handed over. The Tesco Stores Ltd. has become the sponsor of the...
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NIVEA supports children in need
Date: 2011-09-07 11:34:54
NIVEA, celebrating its 100th birthday, has always been fond of family values – Thomas Lichtblau, CEO of Beiersdorf Ltd. pointed out within the compass of a press conference on 7th...
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SPAR and Budavári Wine Festival are celebrating their 20th birthday
Date: 2011-09-07 11:10:33
Budavári Wine Festival is celebrating its 20th anniversary, just like its main sponsor SPAR. The festival has opened its gates on 7th to 11th September, with 200 exhibitors....
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Magazine: A supermarket chain sits on top of the retail ranking
Date: 2011-09-07 10:51:32
With its 47-million inhabitants, Spain’s population is the fifth highest in Europe. Although the economy showed signs of improvement after the recession, the level of unemployment was still above 20...
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Home pálinka distillation: the rented distilerries are the winners
Date: 2011-09-07 10:20:35
From September 2010 it is legal to produce a small amount of pálinka at home. The idea of the Fidesz received plenty of professional and political criticism. The associations and...
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Wine-tasting for the blind before Budavári
Date: 2011-09-07 09:27:27
A professional series of presentations were otganized by 20. Budavári Wine Festival for the blind to be able to test wine in a professional manner. On Monday and Tuesday, before...
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Coca-Cola sport festival was a success
Date: 2011-09-07 08:04:35
Thousand visitors took part in the 13th Coca-Cola Body Awakening sport program for women. The event was organized at Millenáris Park, where a number of sports could be tested free...
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Vegetables already stepped on the brake
Date: 2011-09-06 23:45:47
In June 2011 the average consumer price dropped by 0.2 percent from the previous month; compared with June 2010 it was up 3.5 percent. The pensioner consumer price index was...
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May growth creates new hope
Date: 2011-09-06 23:44:28
In May 2011 the volume of retail expanded by 0.7 percent – reports KSH. Domestic retail network and mail order companies generated sales of HUF 646 billion in May. 45...
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Wages increased moderately
Date: 2011-09-06 23:42:49
2,667,000 people were employed at enterprises employing a minimum of 5 people, at budgetary institutions and at observed non-profit organisations in January-May 2011. In the same period gross average wages...
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Inflation in Hungary: higher then the EU average
Date: 2011-09-06 23:31:40
In May 2011 consumer prices were 3.2 percent higher on average in the EU-27, compared to prices in May 2010. After the 2.8 percent in April, in May the rate...
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Prices in the food industry climbed 10 percent
Date: 2011-09-06 23:22:25
Domestic sales prices in the food industry were up 0.3 percent from the previous month in May 2011 and if we compare them with May 2010 we can see a...
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Everything will be mixed
Date: 2011-09-06 22:52:38
Liefmans cherry beer is also used for making low-alcohol cocktails. It has a special flavour in itself, but with the addition of orange juice and whisky or white rum and...
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They take care of our drinks
Date: 2011-09-06 22:51:17
Drinking is one of the most important things in life, so food/drink manufacturers and bar/restaurant owners must make safe thirst quenchers. A basic requirement of this is targeted product inspection...
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