News and articles

Tobacco manufacturers emphasize the dangers of tax increases

The July planned increase in excise duty announced by the government shocks the participants of the Hungarian tobacco industry – said the tobacco manufacturers. Sánta János, the President of the...

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Tesco's sales grew in 2011, profits fell slightly

According to the report of Tesco Global Stores, published at the end of July the chain had a slight decrease in profit in 2011. Last year Tesco’s profit was only...

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Praktiker: little stores to come

There will not be store closures in Hungary, moreover Praktiker intends to open additional retail units – was said at the company’s press conference. There will not be store closures...

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The Corvinus University will train pálinka masters

The training of the pálinka masters will soon begin in Hungary on a university level: The training of the Food Science, Faculty of the Corvinus University of Budapest (CUB), awaits...

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All famous foods of the Szatmár region will be prepared at the festival in Panyola

Chefs of Panyola, Túristvánd and Szatmárcseke will prepare all famous foods of the Szatmár region at the 6th World Music Festival Near the Border event, that starts at Friday 6...

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Czech retail sales falling back

The Czech Statistical Office released more accurate data on external trade for the fourth quarter of 2011 and in relation to that the media published reflections of the analytical public...

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The poultry, pork and beef industry waiting for support

The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) and the Poultry Product Council (BTT) proposes the increase of national fundings, ensuring favorable-rate loans and a significant VAT decrease...

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K&H SME confidence index: domestic enterprises expect moderate results

On the basis of the latest datas of the K&H SME confidence index, the surveyed five hundred CEOs presuppose an average of a 4.3 percent revenue growth and a 2.5...

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A Farmers’ market opens in the Square of Rózsák in Budapest

Primary and small producers are selling Hungarian vegetables, fruits and foods from Saturday in the 7th district of  Budapest – the Ministry of Rural Development (VM) told MTI on Thursday....

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Euro zone’s and EU producer price index declined in June

Producer prices declined in the euro zone and in the European Union in June – Eurostat announced on Thursday. In June, in the 17-member euro zone producer prices dereased by...

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Magazine: Market researchers’ presentations at Metro’s Customer Academy

Trade Marketing Cub’s ‘First-hand information from market researchers’ event was held on 19 April at Metro’s Customer Academy, where one of the TMC’s founders Zsuzsanna Hermann welcomed participants. From Nielsen...

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Russian vodka production broke a ten-year record

Russian distilleries broke a ten years old production record in June. As the St. Petersburg Times wrote, the Russian vodka producers produced 96.1 million liters of spirits, 47 percent more...

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Olympics Boost Adidas Earnings

Adidas spent a lot on the Olympics, and it looks like their strategy works. Unlike Nike and Puma the German sporting goods manufacturer has growing revenues and profits. Chief Executive...

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International honey fair and beekeper meeting in Jászberény

The international honey fair and beekeper meeting, which is the biggest professional event of beekepers, beekeeping equipment manufacturers and distributors in Hungary, will be held on the first weekend of...

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Wine weeks in Balatonfüred last for four weeks from this Saturday

The series of  programs opens on Saturday and last until the 25th of August with wide wine selection, with entertaining cultural events and arts and crafts fair. This year, twenty-four...

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Porsche grants its supplier award to Fenthol & Sandtmann GmbH

Porsche AG, Stuttgart, has honoured its ten best suppliers of the past year in the Porsche Museum in Stuttgart Zuffenhausen. Borg Warner Turbo Systems GmbH in Kirchheimbolanden received the first...

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The 20th Jubilee Sziget festival will be broadcasted live on YouTube

The world's largest video-sharing portal theYouTube broadcasts The 20th Sziget festival live, so anyone, anywhere in the world can follow the event even on mobile phones – Google Magyarország told...

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No serios violation of law at fishery check-ups

No significant violation of law was found by NÉBIH, National Foodchain-safety Authority, however they took action in 31 cases – the authority announced on Thursday. This was the second time...

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Beef meat is better when the cattle drinks wine

Several cattle became “drunkards” in France: they can drink a daily two bottles of great quality wine, because their flesh became better from it. The idea came from Jean-Charles Tastavy...

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Humanitarian Aid for Syria

In the spirit of our commitment to resolve the serious humanitarian crisis in Syria, Hungary is providing Euro 25000 in support towards the UNICEF mental health and rehabilitation programmes for...

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Hungarian Association of Bakers: the price of flour increased, the price of bread is expected to grow

The price of flour increased by 18 to 20 HUF per kilogram from the 1st of August, compared to the prices of the period before the harvest, therefore, the price...

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Magazine: Weakening middle category among spices and condiments

Spices and condiments are basic accessories of summer barbeques. Rita Bazsó, Univer Product Zrt.’s product category manager told our magazine that the condiment market is not as strong in the...

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KSH: foreign trade volume increased again in May

In May – after the decline of the last two months – the volume of exports increased by 4.4, the volume of imports by 2.8 percent compared to the base...

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Ipsos: Constant crisis feeling all around the world

According to the national survey of Ipsos, carried out in 24 countries it turns out that an average of 37 percent of the respondents connsidered their countries’ economic performance good....

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Tobacco breaking season has started

The farmers expect a 1.6 to 1.7 tons per hectare average yield. It is little less than last year's 1.8 tons from the 4,800 hectares of crop land – Bényei...

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Two and a half times more wheat was offered for the production of the Bread of Hungarians

This year, two and a half times more wheat was offered for the production of the Bread of Hungarians. The first shipments of wheat will arrive to Pécs on Friday...

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Losses, but increased revenues at Metro in the second quarter

Due to extraordinary expenses, losses occurred at Metro in the second quarter. According to the result published yesterday, Germany's leading trade company has a 28 million euros after tax loss,...

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Hungarians worry about debts

Nielsen’s Global Survey surveyed more than 28,000 Internet respondents in 56 countries regarding their investment attitudes and shows that one-third of global consumers invest their money. Of those investing, more...

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More than eight tons of carp and grass carp will be installed into the lakes of Vas and Zala counties

About 81 tons of carp and grass carp will be installed into the lakes of  Vas and Zala on the 6th of August  – Puskás Norbert, Executive Chairman of the...

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Many people visit festivals, but do not spend too much

Two-thirds of the people are visiting festivals, but little is spent on tickets: more than half of the festival visitors spend a maximum of 5,000 HUF a year in order...

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