News and articles

Exports expand faster than imports

In January-May 2011, the foreign trade volume of exports exceeded the previous year's level by 16, imports by 14 percent – reports the Central Statistical Office. The trade balance surplus...

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Hungary imports twenty thousand tons of cane sugar from Brazil

The Magyar Cukor Zrt. started the import and processing of 20 thousand tons Brazilian cane sugar. 19 thousand tons of pure sugar will be made of the quantity ttransported to...

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Chinese Province looking for Hungarian market

Zhejiang Chinese province is interested in Hungarian business opportunities: looking for a market for its products. Vencsou the capital of the province is called the centre of the Chinese car...

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Nearly 4 million tons of autumn wheat and 8 million tons of maize crop is expected

According to the preliminary estimates; 3.9 million tonnes of autumn wheat and 8.1 million tons of maize crop is expected this year – told the Agriculture Directorate of the Agricultural...

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MasterCard: the future of customer loyalty programs

It is possible that we can handle the different customer loyalty programs with using a single smart phone. Technically, in the near future it will be possible to treat the...

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Increased retail sales in the euro area

Eurozone retail sales increased by greater-than-expected in June – reported Eurostat today. The monthly retail sales rose by 0.9 percent, after the 1.3 percent decrease of May, though the projections...

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Webshops face a 30 percent growth this year, again

Webshops made a revenue of 137 billion HUF last year, which is quite a high number compared to the 99 billion HUF revenue of 2009, and the 65 billion HUF...

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Metro's operating profit decreased

METRO Group's performance was smaller than expected in the second quarter, mainly because of the worsening European consumer sentiment. Revenue rose by 0.2 percent, compared to the previous year to...

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New Starbucks outlet opened in Hungary

A brand new Starbucks has opened its gates in Budapest, at Széna tér, Margit körút 91. The new coffeehouse was bulit in artisan style and is waiting for visitors in...

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Sustainability: Nestlé receives top environment award

Nestlé was named the winner of the 27th World Environment Center (WEC) Gold Medal award for its commitment to environmental sustainability. The Company was recognized for its achievements in international...

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GKI-Erste economic sentiment index reached its lowest level of the year

In July the GKI-Erste economic sentiment index adjusted for seasonal effects continued to deteriorate. According to the empirical survey conducted by GKI with the support of the EU the declining...

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The strong Swiss franc obstructs the growth of consumption and retail sales

According to the calculations of market analysts; the strengthening of Swiss franc since 2008 causes an affect corresponding to a six percentage point interest rate increase to the Hungarian households...

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Jászberény hosts the international beekeeper meeting

The international honey fair and beekeeper meeting will be organized in Jászberény on the first Saturday of August. This will be Hungary's largest professional event of beekeepers,  beekeeping equipment manufacturers...

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This year's earliest European wine will be made of Csabagyöngye grape

Last Friday the grape harvest has been started in Balatonboglár. The Csabagyöngye grapes will be transported to the Badacsony-based Varga Winery where Europe's earliest wine will be produced from it....

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Here is the list of foods that should be avoided in public catering

The Chief Medical Officer recommended bouillon cubes, sugar-sweetened soft drinks and syrup, among the food products that should be avoided in public catering. The list also including too fat meat...

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Rauch Hungária has a new commercial director

From 25th July, the new commercial director of Rauch Hungária is Péter Bodnár, who used for work for companies like Pepsi, Mars HUngary and Danone. The 42 year-old expert has...

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Fair at the Hungarian-Croatian border

A fair of local products will be held at the Hungarian-Croatian border near Letenye on both part of the Mura river in early September. The fair will be held between...

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Watermelon Day in Ópusztaszer

Those who visit the National Historical Memorial Park of Ópusztaszer on Saturday can become acquainted with the traditional methods and tools of melon cultivation. At the yard of the open-air...

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McDonald's: a new restaurant opens every day in China

It is planned that in a few years, McDonald's opens a new restaurant in China every day. So far, new restaurants were opened on every two days. At first, McDonald's...

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Magazine: Short-term product advertisements replace brand building messages

Al Reis, owner-managing director of Atlanta-based strategic marketing agency Reis&Reis wrote on AdAge’s website that these days big manufacturers are only riding the waves of product images they established with...

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Social responsibility with L'Oréal Hungary

Citizen Day 2011 is an initiative with a global reach but which hopes to effect local changes. In Hungary, L’Oréal is focusing on endeavors concerning children’s development. Through Citizen Day...

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Bomb alarm in Duna Pláza

Late in the evening on Monday, a bomb alarm went off at the Budapest-based shopping center Duna Pláza. A man has announced on the phone that he has placed a...

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NFH: National risk map is necessary in the field of consumer protection

National risk map is necessary in the field of consumer protection in order to carry out more effective preventive work – toldPintér István, Director General of the National Consumer Protection...

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The school milk program continues

The long-time ago established school milk program continues. Currently only every seventh child reaches milk. With the EU and national support about 760 thousand primary school students could consume 2...

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The ATM network is expanding

According to the Brink's C.L. Hungary Zrt. value and cash logistics service company; following the expected expansion of the Hungarian ATM network a market worth of 3-5 billion will open...

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Wine marketing in late

After the non-transparent operation of the previous years, the major wine-marketing campaigns could not start in time even in the new organizational system. The popular musician and TV personality, Hajós...

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The smaller Tesco stores also introduce a self-serving cashiers

Tesco's self-service cashiers are succesful: it is expected that the smaller stores also introduce this method of payment. In Hungary, the system is operating in several hypermarkets. The Tesco Global...

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Wine Carnival of Debrecen at the Lake Békás

Quality wines will lead the main role in the first week of August at the Lake Békás, that can be found in the Great Forest (Nagyerdő) of Debrecen. 29 famous...

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Tesco expands its range of diabetic foods

Tesco renewed its food supply with the help of the National Association of Hungarian Dieticians. The range of organic, gluten-and lactose-free and diabetic food evxpanded by more than 100 new...

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Adventure Park is under construction on the top of the shopping center

An adventure Park will be built to the top of the shopping center at the Kőbánya-Kispest station. The specific tenant of the mall did not leased premises, but the building's...

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