News and articles

VM: 4 million euros support to the wineries

The total of 4 million euros (about 1.1 billion HUF) support will be available again from the beginning of this week, for the purchasing of new winemaking equipments and technological...

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Hungarian poultry is competing in the Far East

Kardeván Endre Minister of State is negotiating on the expansion of the Hungarian food exports in Hanoi Secretary at the meeting of the Hungarian-Vietnamese Economic Cooperation Committee – the Ministry...

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The Rossmann Magyarország Kereskedelmi Kft. renewed two of its units

The Rossmann Magyarország Kereskedelmi Kft. re-opened two of its stores on 5 November in Veszprém and in Békéscsaba. On this occasion, the customers will receive a 10 percent discount in...

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Two and a half tons of sponge cake was baked in Austria

Two and a half tons of sponge cake was baked in Austria. The boss of the patry team considered the dough very light. The cake monster was made in Seiersberg​​,...

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The wine market of Asia getting more popular

Hong Kong is waiting for the Hungarian winemakers and wine exporters with open doors. Hong Kong abolished all wine duties in 2008, and its annual wine import in 2011 increased...

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Europe is getting more optimistic these days

According to the index, reflecting the expectations of November, the German consumer sentiment has increased to its more than five-year peak – the GfK market research institute announced on Friday....

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Discount stop instead of mall stop

According to the summary of the Ministry of National Economy (NGM) sent to Népszabadság, since the voting of the mall stop, Fidesz has torpedoed the domestic expansion of Lidl and...

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MNB: the performance of the Hungarian economy is significantly lagging behind the region

The National Bank of Hungary (MNB) revised down this year’s and next year's GDP expectations. This year, the Hungarian economy can shrink by 1.4 percent, next year an only 0.7...

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Online shopping day comes on Thursday with significant discounts

This year, the online shopping day will be held on 8 November on Thursday. The event involving hundreds of webstores will provide significant discounts for online buyers. In 2011, almost...

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A Fornetti Milk bar has been opened in the capital

An unconventional satisfactory catering unit has been opened on 16 October in the 6th district of Budapest. The Fornetti Milk bar can be found on the Grand Boulevard between the...

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Portuguese company would build Romanian malls

The Portuguese property developer Sonae Sierra considers Romania as one of the most promising real estate market in Central and Eastern Europe. The company would build shopping malls in Bucharest...

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Urbanization brings an increase in consumption in China

By the end of the decade, the number of the Chinese middle class will reach 600 million. They are the key driver of economic development – predicted the Chinese Reform...

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Drought and fungal diseases affecting the chestnut crop badly

Chestnuts almost cannot be purchased in the country due to the drought, ten percent of the usual amount has grown this year. In Zengővárkony, at the country's largest production area,...

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How whisky is being made?

Nestled at the foothills of the Highlands near the scenic town of Crieff, Glenturret is the spiritual home of The Famous Grouse whisky. After seeing the age old process of...

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Eastern opening is reasonable in foreign trade

Eastern opening is reasonable in the Hungarian foreign trade, as the driving force of the world economy is now outside Europe – told Hídvégi Balázs, Deputy Secretary of State at...

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KSH: the volume of exports increased by 1.7 percent in August

The volume of imports in August decreased by 0.3 percent, while the volume of exports increased by 1.7 percent compared to the same period of last year. Calculating in euro,...

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More and more Hungarians turn to the European Consumer Centre

A growing number of Hungarian citizens are turning to the European Consumer Centre (ECC), and the returned amount also increases – Kriesch Attila director of ECC told at a press...

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Hell Nominated For World-Class Manufacturing Award Hell Nominated For World-Class Manufacturing Award

Hell Energy is among the nominees for the prestigious Strategic Manufacturing Awards to be awarded later this month in Dusseldorf. The Hungarian energy drink manufacturer’s bottling factory in Szikszó has...

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Hipercom: The best offers for All Saint's Day

The period prior to All Saint's Day is always linked to a wide range of promotions highlighted in special offer leaflets. With Hipercom's Monitoring System, this years offers have been...

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NGM: the public health product tax does not conflict with with the EU law

The European Commission accepted the government's argumentation and answers and closed the legal process that investigated the legal harmonization of public health product tax and EU law. The EU proposer-Executive...

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Mountain villages: this year's wine volume is under two million hectoliters

This year, about 1.8 million hectoliters of wine was transported into the cellars in Hungary, compared to the 2.5 million hectoliters of last year – Horváth Csaba, Secretary General of...

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Workania: 19 percent of the Slovaks and 34 percent of the Czechs earn more than the Hungarians

The Hungarian workers' gross monthly average wage is 221400 thousand HUF, while the Slovaks earned 19 more and the Czechs 34 percent more the last year – shows the Fizetesek.hu...

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The “Together for the babies” CSR campaign to be restarted

The dm drogerie markt launches its second “Together for the babies” CSR campaign on 2 November. The campaign aims to support children and their families among different conditions. The partners...

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Aquarius-Aqua Kft. inaugurated a new bottling plant in Albertirsa

The new production hall of the bottling plant of the Aquarius-Aqua Kft. mineral water and soft drink manufacturer has been completed in Albertirsa. The production hall, which was implemented with...

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There are not enough boxes and bags in the Santa Claus Factory

There are not enough boxes and bags in Santa's factory, in which the volunteers of the charity action could pack the gifts in – the organization told MTI on Saturday....

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Decreasing profits at Avon

Avon's profits fell significantly in the third quarter, because of the increase in production costs, and due to the unfavorable foreign exchange rates. The market leader in direct selling of...

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Nielsen: Consumer Confidence in Hungary is in depths

Hungary has the lowest consumer confidence index for five consecutive quarters, among the worldwide tested fifty-eight countries. Although a slight improvement occurred, tthird-quarter index is 37 points, which is 7...

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Fazekas Sándor: the pig sector has future

The Hungarian pig sector can be reneved with the involvement of market participants, and can reach the production level of ten years ago in terms of employment and production –...

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Pork industry: big changes on an international level

A striking feature of thehog industry has been the rapid shift to fewer and larger operations, associated with technological change and evolving industry structure. The United States is the world's...

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Hungarian flavors at the world's most important food exhibition

The Magyar Ízek Kereskedelmi Szövetség Zrt. (Trade Association of Hungarian Flavours Ltd.) successfully represented the Hungarian craft producers in France, The Trade Association of Hungarian Flavours Ltd. promoted gray-cattle meeat,...

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