News and articles
KSH: industrial production decreased by 3.8 percent in September
Date: 2012-11-16 12:00:29
The volume of industrial production decreased by 3.8 percent in September, compared to the same month of last year. In September this year, there were two less working days than...
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The President of the European Council proposes drastic cutbacks in agricultural subsidies
Date: 2012-11-16 11:48:12
The President of the European Council submitted a proposal to the Member States, which could result in 573 million euros reduction for Hungary's agricultural subsidies in seven years. Beside the...
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Sugar and coffee remain weak at the commodity exchanges
Date: 2012-11-16 11:35:39
The weak demand, the large stocks and good yields all contribute to this trend. The production of sugar in the past years always exceeded consumption, the excess was manifested in...
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Lázár: Let the tobacco shops to sell lotto and lottery tickets
Date: 2012-11-16 11:28:55
The leader of the Prime Minister’s Office proposes to let the tobacco shops to sell lotto and lottery tickets. Lázár János initiated the amendment of the tobbacco shop law on...
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Europe's highest rents can be found at Champs-Élysées in Paris
Date: 2012-11-16 11:25:06
Cushman & Wakefield has compiled this year’s list of shopping street with the world's highest rents. Among the 326 locations of sixty-two countries rising rents were measures in 147 cases...
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The Gyulai Húskombinát can be operated
Date: 2012-11-16 11:19:54
The Gyulai Húskombinát is in a better position than the meat factory of Kapuvár, the plant can be operated with rational management and conservation of the brand products – Budai...
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Hungary joins to the European waste reduction week
Date: 2012-11-16 11:10:28
This year, for the first time Hungary joins the European Waste Reduction Week, that will be held between 17 and 25 November – the National Waste Management Agency (OHÜ) announced....
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Starbucks expands its business with tea distribution
Date: 2012-11-16 11:06:25
Starbucks Corp. extended its push beyond coffee with its largest-ever acquisition, saying Wednesday that it plans to pay 15.50 per share, or 620 million USD cash, for Atlanta-based tea retailer...
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Henkel fully committed to achieving 2012 targets
Date: 2012-11-16 10:54:22
Sales rise 6.6 percent to 4,294 million euros (organic: + 2.5%) Adjusted* operating profit: + 16.7 percent to 631 million euros Adjusted* EBIT margin: + 1.3 percentage points to 14.7...
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New Eucerin Study: Alliance Against Aging
Date: 2012-11-16 10:50:55
Even though women do not like to admit that they undergo beauty treatments, there is no doubt that minimally invasive anti-aging treatments and wrinkle filler injections are a mega trend....
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Purchase vouchers due to system errors
Date: 2012-11-16 10:44:18
Bank Austria issues a total of 21 million euros worth purchase vouchers to their internet banking users as a compensation for system errors lasted for a week. The system errors...
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Hungarian Flavours Fair opened for the fourth time
Date: 2012-11-16 10:18:55
The Hungarian Flavours Fairs was organized for the fourth time between 16 – 18 November 2012, in the B building of the Millenáris, in Budapest. Vistiors could meet specialties like...
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Greenpeace: Say no to genetic engineering
Date: 2012-11-16 09:46:42
While scientific progress on molecular biology has a great potential to increase our understanding of nature and provide new medical tools, it should not be used as justification to turn...
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GDP decreased by one and a half percent in the third quarter
Date: 2012-11-15 13:07:30
Hungary's gross domestic product (GDP) decreased by 1.5 percent in the third quarter of 2012, while with seasonally and calendary effects adjusted a 1.6 percent decrease occurred, compared to the...
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Consumer climate remains constant
Date: 2012-11-15 12:59:27
The variable development of the consumer mood once again continued in July. On the whole, income expectations and willingness to buy remained at very good levels. The latter improved slightly...
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National tobacco shop applications have been published
Date: 2012-11-15 12:37:45
The National Development Minister published the details of the tender on Thursday. According to the tender, published on the government’s website, the concession fee in settlements, with less than two...
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Coop acquired over 60 Match and Profi stores
Date: 2012-11-15 12:18:45
One of Hungary's greatest retailer Coop Group has finally sucessfully closed the acquisition process of Match and Profi stores. As a result, 62 Match and Profi stores will be owned...
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The Christmas fair opens on Friday at the Vörösmarty square
Date: 2012-11-15 11:59:47
The 14th Budapest Christmas Fair at the Vörösmarty Square waits its guests from Friday, with juried craft products, culinary specialties, performances. A total of 122 stalls and vision workshops are...
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CBA acquired 48 Profi and Match stores
Date: 2012-11-15 11:56:04
CBA took over 48 Match and Profi stores in Budapest and Pest county, and Coop will take the rest of the units, with possible overlap in some regions depending on...
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Kapuvári Meat Factory: no chance of restarting
Date: 2012-11-15 11:45:55
The liquidator of the Kapuvári Meat Factory does not see any chance to restart the plant. He believes that the seek for investors for the company will begin in January....
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The VM conducts a survey on local farmers markets
Date: 2012-11-15 11:44:27
The Ministry of Rural Development (VM) conducts a survey on the local farmers markets. The goal of the ministry is to create a national market system, and to provide legal...
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The proportion of Christmas gift trade decreased in Austrian trade
Date: 2012-11-15 11:41:13
The significance of giving Christmas gifts has been reduced in the past few decades in the Austrian retail market – Austrian economy newspaper, the Wirtschaftsblatt wrote in its Thursday issue,...
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Gastronomic tour and winter fest in the organization of Hungexpo
Date: 2012-11-15 10:59:57
One can participate at Hungexpo’s culinary festival for the second time this year between 23 and 25 November at the Tastes and Wines exhibition. At the Tastes and Wines exhibition...
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200 domestic businesses at the first Tesco Suppliers' Conference
Date: 2012-11-15 10:13:23
Tesco has launched its series of programs called Tesco Suppliers' Academy with the support of the Ministry of Rural DEvelopment. The main purpose of the even is to strenghten the...
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KSH: agricultural producer prices rose by 20.7 percent in September
Date: 2012-11-14 12:41:32
In September, the producer prices of agricultural products rose by 20.7 percent compared to the same period of the previous year. Increase from January to September was 10.9 percent, while...
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One percent of the domestic gross added value is linked to Tesco
Date: 2012-11-14 12:22:21
According to 2010 data, about one percent of the domestic gross added value, 101 billion HUF is directly related to the Hungarian activities of Tesco – shows the study of...
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BDO: more and more companies are in debt spiral
Date: 2012-11-14 12:20:08
In Hungary, more and more companies are falling into fatal debt spiral – the BDO consulting firm draws attention. Referring to the datas of the Financial Supervisory Authority, the BDO...
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Hundred thousand people have applyed to the new chamber of agriculture
Date: 2012-11-14 12:15:39
Győrffy Balázs the acting president of the Chamber of Agriculture, announced that who have registered with e-mail address until 15 November will receive the Chamber of Agriculture’s recently launched electronic...
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Agricultural trading house was established in Szabolcs county
Date: 2012-11-14 11:14:31
In order to promote the sales of agricultural products in Hungary and beyond our borders a trading house was built in Szabolcs-Szatmár-Bereg county – announced the leaders of the organizations,...
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Euro zone’s industrial production has not fall so huge since January 2009
Date: 2012-11-14 11:11:27
According to the datas of the EU's statistical office published on Wednesday, industrial output in September decreased by 2.5 percent compared to August. Such a significant reduction in production has...
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