News and articles

Foster's continues to refuse SABMiller's takeover bid

The Australian Foster's Group refused again SABMiller's about 10 billion USD worth takeover bid on Thursday, which directed to the company's brewing department. The Foster's board announced on Thursday that...

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Hírös Hét Fesztival starting in Kecskemét on Monday

Kecskemét's most important and oldest event, the so-called Hírös Hét Fesztivál is starting on Monday and will be open until next Sunday. The event is centered around gardening and food,...

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British retailers barely saw any increase regarding volume

Britain's Gross Domestic Product (GDP) increased by 0.2 per cent in the second quarter of 2011, following an increase of 0.5 per cent in the first quarter of 2011. There...

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EU wind power will triple by 2020

The European Wind Energy Association (EWEA) today published its scenarios for onshore and offshore wind power deployment in the EU, ahead of the European Commission's Energy Roadmap 2050, due to...

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Dm fights against cancer

This year, the Hungarian dm will join international initiative of the Day “Children of the Sun” CSR campaign. With the campaign, the company aims to protect young children against the...

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More and more people get their shopping done in seperate stores

Two out of five Hungarians – 42 percent of the population – get their shopping done in seperate grocery stores, although often it is not a choice but a must...

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The domestic pig stocks may decrease under 3 million soon

In one year, the producer price of pigs increased by 1.1 percent – shows the datas of the Central Statistical Office (KSH). After last year's depressed pork prices, many of...

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Bucharest is also ahead of Budapest in purchasing power

According to the survey of the USB Swiss bank; Oslo is the world's most expensive city, followed by Zurich and Geneva. According to the survey; on the first three places...

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Declining consumer prices in the euro area

The rate of inflation, reduced as expected in the euro zone in July in an annual and in monthly comparision as well – announced Eurostat, the European Union's statistical office,...

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Swiss flavor manufacturers are looking for suppliers in Makó

The Swiss Givaudan is searching for suppliers for its factory, that is under construction in Makó. The Givaudan will decide which local companies will enter into the long-term agreement on...

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Hungarians are not satisfied with the goverment

Fidesz has shred some of its lead over the main rival Socialist party, and the radical nationalist Jobbik has increased its camp, the latest Ipsos poll published in Saturday’s Nepszabadsag...

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The summer end school supplies fair may bring a 20-30 billion HUF traffic

In recent years, the price of school supplies increased the most this year. The school supplies fair means a stable 10 billion HUF business to the traders. While large retailers...

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SABMiller will make a bid directly to the shareholders of Foster's

After the Foster's management rejected the acquisition offer of SABMiller, the British brewing company directly targets the owners of Foster's. The SABMiller in response to the refusal stated that “the...

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Harvest time is over

“The harvest is complete in the majority of the country. The quality of wheat is excellent, with average yields in excess of four tons per hectare” – announced State Secretary...

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Beer gets the main role in the Castle of Buda

The first Budavári Beerfestival is going to close the summer festival season on 25th-28th August in the Buda Castle, with 100 different types of beer, well-known domestic and international beer...

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METRO starts school with special offers

METRO is helping to increase its partners competitiveness by offering special actions to customers: between 18th and 31st August, a 16 page-long cataloge is released by the company, in which...

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Hungary retail food sales see growth of 3%

Retail food sales in Hungary rose 3% in value terms but fell 2% in volume terms in the second quarter from the same period a year earlier, market researcher Nielsen...

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Growth significantly slows in the German and in the Hungarian economy

Compared to the first quarter, the Hungarian economy has stagnated. Even compared to last year's numbers a 1.5 percent growth can be seen in the second quarter datas – shows...

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We purchase price sensitively, not health-consciously

Hungarians do not purchase health consciously, but due to their price sensitivity, the introduction of the so-called hamburger-tax may be succesful – shows the joint survey of KutatóCentrum and Marketing...

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Rush in food prices reserves are low – World Bank warning

Global food prices in July this year, significantly exceeded the year-ago levels: overall growth was 33 percent. In addition, the level of reserves is very low – states the Food...

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The producer price of grain and fruit increased significantly

The agricultural producer price level in June 2011 was 35.3 percent higher than a year ago. In particular, the price level of plant products increased by 46.7, the price level...

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No crisis on the luxury goods market

The Bond Street in London is the most exclusive shopping street in Europe, followed by Avenenue Montaggne in Paris, while the third is in Moscow: the Stoleshnikov Lane. According to...

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Matusz-Vad Inc.: The largest market for frozen foods is Slovakia

The Győr-based Matusz-Vad Ltd. increased its sales by 17.9 percent to 3.4 billion HUF in the first half of the year. The leading company of domestic frozen foods mainly exists...

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Tens of thousands of visitors are expected to the Hortobágy Bridge Fair

For the first time this year, the accompanying cultural events of the Hortobágy Bridge fair will evoke the atmosphere of the old traditional fairs. The fair will be held between...

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Competition for Hungarian webshops

Webshops of Hungary can now compete for the title of the Shop Of The Country, in the categories of quality and popularity. Árukereső.hu wants to introduce quality webshops and the...

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Problematic Hungarian growth

GKI has released its latest snapshot of the Hungarian economy. Only moderate changes are in store for the rest of 2011, says the market researcher. The negative effects of the...

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Research institute for the Tokaj wine-region

A new viticultural research insitute is about to open its gates in the historic Tokaj wine-region. The headquarters will be located in Tarcal, where a similar insitute used to work...

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Biomass crop plans launched by the American government

Boosters of the project tout it as a way to keep energy payments local, boost farm income and reduce carbon emissions. “This will reduce our reliance on foreign oil, and...

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Global milk consumption can increase by thirty percent until 2020

The global demand for liquid milk products will increase by 30 percent increase between 2010 and 2020 – shows Tetra Pak's latest study. This increase may be due to three...

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The taxation of unhealthy foods is not the solution

Nutrition specialists, tax experts, food industry personalities and politicians all over the world are arguing over, can they influence the consumption of unhealthy foods, thereby fighting obesity, diabetes, and the...

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