News and articles

Luxury department store to be built on Andrássy Avenue

The construction of the new luxury department store begins in April, under 19 Andrássy Avenue. According to the plans; the three-storey complex will houses, stores of 30 high-category brands plus...

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Tibi chocolate celebrates its 70th anniversary

The most well-known brand of Bonbonetti Group, namely Tibi chocolate is celebrating its 70th birthday now. The celebration was linked to a factory-visit and a press-conference on 14th April, Tibor-day....

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MasterCard supports contactless payment

MasterCard would make the PayPass (contactless payment technology) as the part of “everyday life” in Australia and in New Zealand in the next few years – notified the card company....

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New products at Szentkirályi

Szentkirályi Mineral Water Ltd. launches a new product family this spring: they introduce the strawberry lemonade and the normal (lemon-based) lemonade and a new ice tea to the customers. This...

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Red Bull Music Academy 2011 moves to Madrid

This year’s Red Bull Music Academy will be held in Madrid, following the news that recent events in Japan had caused in to pull out of its original Tokyo destination....

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Anuga 2011: Large number of registrations – from Germany and abroad

All the signals are pointing to success for the coming Anuga, which will take place from 8th to 12th October 2011 in Cologne. All ten of the event's trade shows...

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Careful consumption dampens retail price increase

The price increase of agricultural raw materials increased retail prices. According to the datas of the Central Statistical Office (KSH); the average consumer price of foods incresed by 8.6 percent,...

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The Meat Association expects a 15-20 percent price increase

Meat prices may reach their peak by the end of the year. Specialists expect 15-20 percent price increase. According to the president of the Meat Association; a kilogram of live...

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We can not avoid the increase in egg prices

Prices may increase dramatically not only because of the upcoming Easter. Due to a European Union regulation domestic producers still need to make investment of 40 billion this year.As the...

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More and more card readers

Despite the adverse economic environment, the number of POS terminals significantly increased in commercial units in Hungary. According to the datas of the central bank, at the end of the...

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Euro zone’s industry incresed by 7.3 percent on an annual basis

Euro zone’s industrial production increased less than expected in February, while in Germany continued to grow, and in other member countries turned into increase, but in Greece and Ireland declined...

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The agricultural strategy for the next ten years has been completed

The debate linked to the ten-year plan of rural development has begun – the Ministry of Rural Development announced. The aim of the strategy, among other things, is to keep...

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Deichmann Shoes from the Europeum

New plaza opens in Budapest on Thursday. Inter alia, a Deichmann business has also been opened in the 31 thousand square meters area of the Europeum Shopping Center. Deichmann Cipőkereskedelmi...

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Visa Europe's invest an annual 144 million to e-commerce

Visa Europe annually invests 144.2 million dollars annually to mobile payments and e-commerce. Visa Europe is approximately in connection with 4,000 European banks, and the card company's logo can be...

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New EU-rule: no wine-delivery documents needed

Within the framework of the new legistal norms of the EU, winegrowers face several new rules to make their life easier when it comes to administration. There are certain new...

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Leading wineries and the industry's major importers to gather at Intervin 2012

In 2012, Intervin will beat its own record for international participation with numbers not seen prior to this edition. More than 1,000 wineries from around the world will present the...

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More than 800 nominations at the ompetition of Hungarian Spirits

'We are more than happy to announce that more than 800 spirits are nominated for the competition of the 12th International Kisüsti Spirits Festival this year. The jury began to...

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WATT ENERGY got into car-racing

BUSZESZ Ltd, producer of WATT ENERGY has announced that they are starting a long-term and successful co-operation with MNASZ on 1st April 2011, right before the Eger-race of Rally Chambionship....

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Meat consumption has been declining for years

It is necessary to admit: 2010 was not a succesful year for the meat industry, according to Tamás Éder, head of the Hungarian Meat Industry Association (MHSz) who summarized the...

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Increae of food prices led to an inflation

In March 2011 consumer prices increased by 1.1% compared to the previous month and rose by 4.5% compared to March 2010. In the first three months of 2011 the average...

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Hell puts more empasis on export

Hell Energy Hungaty Ltd, a company of 100 percent Hungarian ownership, has faced a 168 percent growth since the first quarter of last year. Now Hell is focusing on export...

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More and more potatoes need to be imported

Hungary does not have a sufficient number of potatoes at the moment: according to the president of the Potato Product Council, the country needs to import a significant amount of...

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Always check the pricetag of Easter-ham

The most important thing to look at when purchasing Easter-ham should be the price-tag – FÉBÉSZ (Customers' Rights Association) warned customers this season In the heat of the Easter ham-business,...

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Payvment launches Facebook Shopping Mall

Popular Facebook e-commerce platform Payvment announced the launch of its latest endeavor: the first-ever Facebook Shopping Mall. The new project is marvelously simple: like any other mall, the Payvment Shopping...

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German investor-expectations getting worse

he ZEW German investor-expectations index declined more sharply than forecast in April to 7.6 from 14.1 in March, the Mannheim-based Center for European Economic Research, or ZEW, reported Tuesday. Economists...

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Campaign in the schools to promote drinking water

Coca-Cola Hungary sponsors a week-long series of programs together with the Institute of Nutrition, in order to promote the importance of drinking water at school. The event is called HAPPY...

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100 new products on the shelves of Tesco

Starting from 4th April, 100 products by 25 new regional deliverers is available at the Tesco outlets of Pécs, Szekszárd, Kaposvár. These products ended up on the shelves as a...

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Food Avalanche is on again to help those in need

The winners of the famous Food Avalanche have been announced: this year, families in need coming from fourteen villages receive agriculture-related products which enables them to grow their own vegetables...

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Coface: risky companies already closed

The percentage of the Hungarian companies classified as risky is still above the regional average, but the latest figures from Coface Hungary show an improvement, with the figure falling to...

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Nespresso achieved organic growth of 20 percent in 2010

Nespresso in 2010 again grew its leadership by delighting those with a passion for the best coffee. Nespresso in 2010 achieved sales of more than CHF 3 billion and organic...

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