News and articles

We cannot be more pessimistic

The opinion of the Hungarians is so negative over the situation of their own and the economy that – regardless of the real processes – it can not get worse...

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Exchange rate fixing: foreign currency loan borrowers still await

The exchange rate fixing program is available since Friday, but the expected rush delays, despite some of the banks have extended their opening hours. According to the market leader OTP;...

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K&H: Half of the SMEs expect share from EU funds

The EU co-funded aid applications remain important sources for businesses. An average of every second small and medium-sized enterprises (SMEs) consider it realistic, that they will receive this type of...

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China is flooded with fake French wines

Although it is more difficult to counterfeit branded wines, than luxury bags and watches, however, China is flooded by the famous – mostly French – wine brand imitations. The first...

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Red wine against sunburn

According to Spanish researchers; grapes and wine protect against sunburn. Marta Cascante, biochemist and her team at the University of Barcelona demonstrated that the flavonoids in grapes may reduce the...

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New Marketing Director at Tchibo Budapest Ltd.

As of 8th of August Zsolt Mészáros (43) was appointed to the Marketing Director position of Tchibo Budapest Ltd. The professional's task is to drive and execute Tchibo's marketing strategy...

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Sziget faced a loss, organizing company still profitable

385 thousand people visited Sziget this year, which is more than last year but slightly below the previous record. This was the year with the strongest musical lineup, however the...

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The domestic and European industry pushed their brakes

Instead of the expected growth, industrial production declined in June in the eurozone and in the European Union as well – shows Eurostat's Friday published datas. The Hungarian industry shifted...

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The crop destruction ordered because of the GM contamination affects8.5 to 9 thousand hectares

The crop destruction affects approximately 8.5 to 9 hectares, about 4,500 hectares of GM contaminated seeds and about 4,000 hectares of buffer zones – said Czerván György, Secretary for the...

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Consumer confidence has fallen dramatically in the United States

According to the consumer confidence index published by Reuters / University of Michigan; a brutal deterioration occurred in consumer sentiment in the United States in August. On the basis of...

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Tesco campaign for school start

The action of school supplies and accessories is lasting since the end of July in the Tesco stores. The customers can choose among more than 1,700 products from the 25...

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There will not be Tesco in the place of Domus

More and more furniture and interior design stores are disappearing from the vicinity of Róbert Károly Boulevard. A few days ago the Material Center announced to change its profile, the...

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Hungarians prefer advertisements sent in e-mail

Hungarian citizens prefer commercials being sent to their e-mail address more than any other nation does. If a company or an institute send information in e-mail, using the clients real...

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French monks grow organic wine

An ancient French monastery's monks preach water, but produce wine for more than 1,600 years for a pretty good price: one bottle costs 15 thousand HUF. But much of the...

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Magazine: We like to go shopping on Sundays

A nationwide survey conducted by TNS Hoffmann revealed that 48 percent of Hungarians, 1.9 million families go shopping on Sundays. On average they spend HUF 12,500-15,000 per occasion, which means...

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Virtual adoptation program launched by Mars Hungary

Pedigree is again at the forefront when it comes to helping dog-shelters. Besides the successful adoption program launched by Mars Hungary, the company has launched its virtual adoption program with...

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New product by Henkel

So far, only hairdressers had the means to mix hair colors to create new shades. Now you can do that same with SYOSS Mixing Colors—the 1st professional-quality hair coloration mix...

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Analysts expect lower economic growth

The analysts polled by MTI, expect a slower 1.4 to 3.0 percent economic growth than before, because of the exchange rate movements of the past days and weeks. Others will...

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KSH: consumer prices rose by 3 percent

The consumer prices were 0.3% lower in July 2011, than in June. The rates, compared to last July grew by 3.1% – shows the latest flash report of the Central...

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Is Europe's largest economy out of breath ?

In June, the industrial production was stagnated, while foreign demand fell by 0.1 percent. Even engineering increased its output by just one percent. 62 percent of German exports tends to...

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Normative funding available for the sheep and goat chips

The ministerial decree, which provides several hundred millions HUF support to the electronic marking of sheep and goats was published – told the Hungarian Chamber of Agriculture (MA). The normative...

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EU strictness: Polish vodka can be made of only potatoes and grain

The Polish government has strengthened the production rules of spirits, including the Polish vodka, in line with EU standards. Producers are protesting against the new standards. According to the Polska...

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Kraft grew too large

In order to reach more effective operation, Kraft divides itself into two parts. The food giant separates its North American activities within the enterprise. On the 4th of August, raft...

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Lealkudtuk.hu is in the forefront

The lealkudtuk.hu owned by Allegroup.hu, generated 270 million HUF turnover with 33,000 sold offers since its May 2011 launch. The discount shopping portal broke into the forefront of the Hungarian...

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Groupon's stock exchange listing delays

The second quarter revenues of Groupon, which known as the pioneer of shopping vouchers increased to nearly tenfold, to 878 million USD, but the company still has a respectable loss:...

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Number of liquidation procedures keeps growing

The number of liquidation procedures in Hungary rose 21% in the first half from the same period a year earlier, credit insurance company Coface Hungary told MTI on Thursday. Liquidation...

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Special offers for the school-start by SPAR

SPAR is opening a set of special offer-products for school, starting from 11th August to 14th September. The new products are listed in the 24 page-long INTERSPAR School Catalogue brochure....

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New Dreher image-communication at Sziget

The brand Dreher has a new image communication this year, planned and carried out by Human Telex Commercial Agency. The release is commensurate with the brand1s appearance at Sziget: Dreher...

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Ten tons of wheat for the bread of the nation

More than 10 tons of wheat has arrived from 300 different places to be able to create the bread of the nation for the bank holiday on 19th August in...

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Fourty thousand visitors at Debrecen's Farmer Expo

The greatest Debrecen-based FMCG-event, Farmer Expo is going to open its gates on 18th August and will last until 21st August. Here are the details about the event: Date of...

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