News and articles

Global food price increase may come due to the U.S. Drought

The drought that has not seen since at least half a century, destroyed the one-sixth of the U.S. corn crop and threatens with a jump in global food-prices – writes...

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The Agrana-Juice starts the purchase price of apple juice with a net 28 HUF

The Agrana-Juice Magyarország Kft. starts the purchase price of apple juice with a net 28 HUF per kilogram on Monday – Szigeti Zoltán, managing director of the company told MTI....

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Pig-breeders are protesting against the introduction of the reverse VAT

The Association of Hungarian Pig Breeders are objecting against the introduction of the reverse VAT payment in live pigs trade. According to the association, those pig breeders who buy mixed...

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KSH: average net income was the highest in Budapest last year

The average monthly net income of the full-time employees was the highest in Budapest last year both among intellectual and manual workers – shows the county and regional statistical yearbook...

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Rihanna “too sexy” for Nivea

So it comes as little surprise that Rihanna's advert for Nivea has been deemed too sexy to front campaigns for the skincare brand. The star appeared in a series of...

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Nielsen: ninety-three percent of Hungarians believewe are facing a recession

Seven percent of the Hungarian population thinks that Hungary, at the moment, is not facing recession. However, 93 percent of those asked is in the opinion that there is a...

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Mall developments to increase with a quarter this year

In 2012 the new shopping center developments are expected to exceed last year's level by 25 percent, to fulfill the retail trade’s demands for modern retail spaces – shows CB...

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Reverse VAT on live pigs and pork

The Ministry of Rural Development (VM) would introduce reverse VAT on live pigs and pork products. The  proposal will be the theme of the next government meeting – told V....

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FAO: The restrictions on grain exports may lead to food crisis

If the grain-producing countries will introduce export restrictive measures again, a similar food crisis may occur as in 2007-2008 – warns the report of the United Nations’ Food and Agriculture...

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Apple harvest has begun with early varieties

Apple harvest has begun with the harvest of the early varieties. This year a medium-high amount of crop is expected, but there can be problems with quality; producers sell the...

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Budai Gyula calls for further negotiations between the producers and traders

As Budai Gyula state secretary told  Népszabadság that a consensus  is “in progress” between the traders  and the players of  the meat industry – but exact details were not mentioned....

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Campaign was launched to promote apples

In the scope of the co-operation between the Ministry of Rural Development (VM) and the Agricultural Marketing Centre (AMC) apple promotion campaign will be launched in order to promote Hungarian...

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Blonde mangalica and speckled poultry in Egerág

The breeding  of indigenous domestic animals will begin in Egerág, Baranya county. The first animals and the feed for 14 month will be provided by the state in collaboration with...

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The first pálinka-line of Sziget

The first pálinka-line of Sziget has been opened by Rézangyal on Friday with stars like Compact Disco, Magashegyi Underground, Maszkura és Tücsökraj, and several pálinka-fans and journalists. The main purpose...

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9 m3 PET-bottles recycled at Sziget by Coca-Cola

Selective trash cans were introduced to the audience of Sziget festival quite a few years ago, with the help of the nonprofit organization called Zöldövezet. However, Coca-Cola is the first...

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Free concerts to save Sástó

Sástó, Mátrafüred is not only the venue of one of Central Europe's most popular underground festival Fekete Zaj, but is also the home of the highest located lake in the...

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GMO boss warns of food crisis

“Resource squabbles and waves of food-induced migration will threaten global stability and global growth,” Jeremy Grantham says. Global investors should have as much as 30 per cent of their portfolios...

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Olympics: successful retailers, restaurants do not see much extra profit

Commerce is seeing amazing increases both in terms of volume and value, but the catering scene is not really making extra profits due to the Olympics. However, there are a...

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We need import-wine again due to grape-problems

It has been a long time since the wine of the country is facing difficulties for two years in a row. however, following last year's grape-problems, the country is facing...

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Nestlé: steady momentum, full-year outlook confirmed

Sales of CHF 44.1 billion, 6.6% organic growth, 2.9% real internal growth Trading operating profit of CHF 6.6 billion (+ 6.3%), margin 15.0% (- 10 bps) 12.9% organic growth in...

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SPAR is getting ready for school with new products

SPAR Hungary has launched a wide range of high quality “back to school”-products with favourable prices in order to prepare for September. The school catalogue of SPAR is available from...

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Debt crisis hits German industrial output in June

Industrial output in Germany declined in June, as the debt crisis increasingly makes itself felt on Europe's biggest economy, official data showed on Wednesday. Industrial production declined 0.9% in June...

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Pumpkin seed oil mill built in Nemesvámos

With a nearly two hundred million HUF investment, a new pumpkin seed oil mill was built by Peiba Ltd. in Nemesvámos, in order to produce shell-less pumpkin seeds. The project...

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ProLogis European Properties leases 63,800 square metres of distribution space in Central Europe

ProLogis European Properties (Euronext: PEPR), one of Europe’s largest owners of modern warehouse distribution facilities, today announces that it has completed seven lease transactions in Central Europe, totalling 63,800 square...

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Olympic fever at Tesco

The retail chain got ready for the Olympics with a wide range of attractive offers, among many other things they have new favourable prices for sport devices, TVs and various...

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Gastronomical- and festivalpark in Békéscsaba

A new gastronomical and festival-park has been built in Békéscsaba within the compass of a 1.3 billion HUF investment, the new building will open in the summer of 2014. The...

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Beer-festival at Nyíregyháza-Sóstógyógyfürdő

The beer-festival SótóFeszt in Nyíregyháza-Sóstógyógyfürdő is waiting for guests from 17th to 20t August with more than 50 beer-specialities....

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The Hungarian government focuses on the mangalica and the Hungarian great white

The presentation that aims to develop the pig industry will be submitted to the government on Wednesday. In the presentation, the Ministry of Rural Development Strategy proposes to launch the...

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Mobile payment system before outbreak

Tesco has launched its virtual store service, already at Gatwick airport. The passengers after landing can directly arrange the shopping with their smartphones. But this novelty not only spreads in...

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Analysts: Foreign trade surplus can be similar to last year’s or may be even larger

According to the analysts of Erste Bank and the Savings Bank, this year, foreign trade surplus can be similar to last year’s or may be even larger. According to the...

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