News and articles
GKI-Erste economic sentiment index hardly increased in July
Date: 2012-07-23 13:41:03
GKI-Erste economic sentiment index hardly increased in July compared to this year's low point Following its fall in May, GKI-Erste economic sentiment index adjusted for seasonal effects slightly increased in...
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Budai Gyula: no competition proceedings under way in melon case
Date: 2012-07-23 13:12:20
No competition proceedings are under way currently in Hungary – said Budai Gyula, Parliamentary Secretary of the Ministry of Rural Development (VM) on Monday in Budapest. Budai Gyula reminded that...
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QR-code payments have started
Date: 2012-07-23 13:10:45
Mobile payments seem to be starting up in Hungary. Until now, more than 30 thousand users have downloaded and installed the applications to smartphones. The system can increase significantly with...
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New Criminal Code: no mercy for the distributors of fake products
Date: 2012-07-23 13:00:57
The new Criminal Code, prospects severe punishment for those who market poor quality products or falsely certifies the compliance of the product. In addition those who mislead the consumers have...
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Kedves gave more than 130 thousand liters of milk
Date: 2012-07-23 12:51:42
The government earmarked almost seven billion HUF as the advance payment of the special milk support. Its payment will begin on October 16 – said Fazekas Sándor Rural Development Minister...
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GVH’s decision in suspected melon cartel case is expected after the authority gains informations
Date: 2012-07-23 12:50:20
The Competition Authority’s (GVH) decision in suspected melon cartel case is expected after the authority gains informations – GVH told MTI on Monday. According to the communication, the authority was...
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The sunflower honey yield will be less than expected in Szabolcs County
Date: 2012-07-23 12:40:00
The sunflower honey yield will be less than expected in Szabolcs-Szatmár-Bereg County, where the weather made totally impossible the acacia honey collection during the spring – the regional adviser of...
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Trade with China increased significantly
Date: 2012-07-23 12:08:15
Last year, the economic cooperation between China and Hungary increased to its twenty-threefold and was a total of 9.2 billion USD. Food trade was only 34 million USD, which shows...
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Increase in world trade turnover
Date: 2012-07-23 12:04:18
According to the Monday released datas of the Dutch CPB economic analysis center, world trade turnover increased in May. The volume of commercial transactions in the world rose by 2.5...
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Pig population can decrease further
Date: 2012-07-23 11:00:04
The pork industry is in crisis again. Due to their losses, the farmers are forced to reduce the number of their animals or forced to eliminate jobs and close their...
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Food security alert system by eu proves to be successful
Date: 2012-07-23 10:28:17
The three-day European union Food And Give Food Short Warn Technique (RASFF) Work Getting Together With began on Beijing within the 6th. For European Money Health and Utilization Generally Wellbeing...
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Nielsen: the sales of household chemical goods and cosmetics increased in value, reduced in volume
Date: 2012-07-20 14:00:27
Retail reached about 150 billion HUF sales revenues from household chemical goods and cosmetics in the first half of the year, compared to January-June 2011. This represents a one percent...
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Watermelon-campaign in 150 SPAR-stores
Date: 2012-07-20 13:13:14
A new campaign was launched last week to support Hungarian watermelon, with 150 SPAR-stores offering watermelon-tests to their consumers. The opening ceremony of the campaign took place on Thursday, with...
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Grain prices at record level due to the U.S. drought
Date: 2012-07-20 12:59:32
Drought rages in North America, has not seen for several decades so the farmers and traders are also concerned that there will not be enough exportable grain. Several foregone sales...
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The FruitVeB would simplify the application system
Date: 2012-07-20 12:55:43
The Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board (FruitVeB) would simplify the system of tendering and would make it more transparent for the next EU budget period. The...
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The Government signed a strategic agreement with Coca-Cola HBC Magyarország
Date: 2012-07-20 12:50:36
Prime Minister Viktor Orbán concluded a strategic partnership agreement with Coca-Cola HBC Hungary on Friday at the company’s headquarters in Dunaharaszti. The Prime Minister recalled that the government was building...
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The 120-year old pálpusztai cheese is applying for the Hungaricum title
Date: 2012-07-20 12:40:52
The pálpusztai cheese celebrates its 120th birthday this year. The old cheese specialty can still compete with the world-famous Dutch and French products on the domestic market. The “odor” feature...
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The European food safety alert is effective
Date: 2012-07-20 12:12:39
The report of the European Commission highlights that thanks to the EU food and feed safety alert system (RASFF) a number of food safety risks were resolved or eased –...
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Heineken expands in Asia
Date: 2012-07-20 11:00:59
The Dutch brewing giant the Heineken offered a bid to the Fraser and Neave company to purchase the company’s 40 percent share in Asia Pacific Breweries for around four billion...
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Meteorite flavored wine
Date: 2012-07-20 10:55:29
Thanks to Ian Hutcheon, owner of the observatory Centro Astronomico Tagua Tagua, in Chile, you might one day see “meteorite” join these enological flavors. The Englishman, who also owns a...
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Magazine: Hungary’s negotiations on financial assistance discussed at the Business Dinner
Date: 2012-07-20 10:51:59
On 26 April the topic of Trade magazine and Chain Bridge Club’s Business Dinner event was the expected outcome of Hungary’s negotiations with the EU and the IMF on precautionary...
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6 Walmart heirs worth same as bottom 41% of US
Date: 2012-07-20 10:18:32
Who has more money: the six heirs to the Walmart fortune or the bottom 41.5% of all American families put together? Trick question—they're about the same. The Economic Policy Institute...
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Debrecen hosts Hungarian-Iranian business forum
Date: 2012-07-20 08:56:33
More than 15 companies were presented at a Hungarian-Iranian business forum in Debrecen (E Hungary). The forum was part of preparations for the arrival of a bigger delegation, including representatives...
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The Hungarian government adopted the Hungarian Product Regulation
Date: 2012-07-19 13:00:20
The government adopted the Hungarian Product Regulation on Wednesday – announced Fazekas Sándor, Rural Development Minister in Thursday morning's 180 perc show of MR1 Kossuth Radio. The Minister summarized the...
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The number of Internet users increasing slower than before
Date: 2012-07-19 12:55:38
In Hungary, 62 percent of the population aged 15-69, almost 4.6 million people uses the internet at least monthly. Although Internet penetration has not stopped, the pace slowed down considerably,...
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KSH: average gross wage was 220,700 in the first five months
Date: 2012-07-19 12:50:20
In the first five months of 2012 the gross average wages increased by 4.4 percent, the net average wages without taking the family allowances into account rose by 1.7 percent...
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Magazine: Consumer demand targets quality paper products
Date: 2012-07-19 12:34:55
The household paper market is stable, with a small restructuring taking place. Experts agree that the crisis is not over yet, consumers are price-conscious and promotion-sensitive. According to Judit Tóth,...
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Tesco exports a substantial amount of Hungarian melon
Date: 2012-07-19 12:25:04
Tesco has launched this year's melon-tasting action in its Tesco Extra store in Váci Road. The company in cooperation with the Rural Development Ministry and the Hungarian Association of Hungarian...
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QR-code payments before a break-through in Hungary
Date: 2012-07-19 12:20:48
Until the end of next year the number of buyers who are able to pay with QR code can reach the critical threshold of about 200 thousand smart phone users....
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METRO: “Donate to get them food!”
Date: 2012-07-19 12:18:29
Tokody Tibor, Koltai Tamás, Varga Roland, Molnár Péter, Pátkai Máté, the footballers of the Győri ETO FC football club received the Child Nutrition Foundation’s “Donate to get them food!” entitled...
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