News and articles

OTP is helping young farmers

OTP Bank and AGRYIA (the Hungarian Association of Young Farmers has signed the contract of co-operation for 2012. The main goal of the two associations is to invite new generations...

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(HU) Egyre több bort isznak a kínaiak

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Lindt and TeszVesz supporting SOS Children's Village

Swiss-owned chocolate factory Lindt is going on with their successful Easter-time charity program, within the compass of which they are trying to support children in need without parents at SOS...

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Hungarian food retail sales and value grew in fourth quarter

Retail food sales in Hungary rose 5% in value terms in the fourth quarter period, market research company Nielsen told MTI on Tuesday. Sales of the ninety products monitored by...

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Frost damage for winegrowers – wines getting more expensive

The winegrowers of the famous wine-region Tokaj-Hegyalja are afraid of frost damages which would naturally lead to a significant growth in prices – a new survey of the Agrareconomics Research...

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Hungary has sent its answers to the European Commission

The Hungarian Government submitted to the European Commission today, within the requested deadline, its responses in the three infringement procedures initiated in January (the independence of the Hungarian National Bank...

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Higher than ever EBB support for the SMEs in 2011

The European Investment Bank (EBB) gave higher than ever support is their greatest amount to the small and medium-sized enterprises (SMEs) in 2011 – told the bank at a Brussels...

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Negotiations in the Ministry of Rural Development oveer the future of the Meat factory of Gyula

Fazekas Sándor Rural Development Minister discussed over the  consolidation of the Gyulai Húskombinát with Lázár János, Fidesz parliamentary group leader and Kovács József parliamentary representative of Gyula in the Rural...

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The guests of the Gluttonous Thursday can taste Pálinkas as well

In the spirit of the promotion of the Hungarian cuisine, the guests of the Gluttonous Thursday can taste the range of the Nobilis Pálinkas for free. On 23rd of February...

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OTSZ: the founding of a specialized agricultural bank is not subservient

The question repeatedly raises among the professionals of whether to establish and operate specialized agricultural bank, but this is not practical – said Varga Antal, Managing Director of the National...

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In Serbia last year, more than 1,300 tons of meat products were withdrawn from the market

Only in Belgrade last year, nearly 400 tons of animal food were seized and destroyed by the authorities – said Sanja Celebicanin, head of the Serbian head medical officer in...

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The Szekszárd-based Asset Management Ltd. bought the Garay cellar

The Garay cellar was bought by the Szekszárd-based Asset Management Ltd. for a net 90 million HUF. Bálint Zoltán CEO of the company told to MTI that the purchase agreement...

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Opening the award ceremony of Mona Montice Educational Program

Mona Hungary Ltd., the company behind Montice products has carried out an excusive survey in the summer of 2011 for Hungarian schoolchildren and their parents, in order to find out...

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POS Media opens first office in Germany

Bucking current economic trends, POS Media Europe has opened a new office in Munich as part of the company’s continued international expansion, making their point-of-sale advertising products and services available...

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DHL provides green logistics for Denmark's EU presidency

DHL, the world's leading logistics company, will be the official logistics partner during Denmark's EU presidency. All Danish Ministries will use DHL's carbon-neutral GOGREEN products and services, so reducing the...

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Agricultural producer prices growth rate slowed down

According to the Central Statistical Office (KSH); the agricultural producer price level of December was 10 percent above the datas of a year earlier, but it has been slowing down...

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The ifo index indicates optimistic global economy sentiment

The German ifo Economic Research Institute’s world's economic sentiment index has improved in the first quarter of 2012 after two consecutive quarterly decline. The indicator for the first quarter of...

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Magazine: Traditional marketplaces hold on

According to a study conducted by GfK Hungária and Agrár Európa Kft., fruits and vegetables are practically bought by all Hungarian households, who spend HUF 226 billion on them a...

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The Food Avalanche Local Government Program was re-launched

The Food Avalanche Local Government Program was re-launched: they await the programs and applications of those non-profit organizations, educational institutions, and local government until February 27 which want to participate...

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A champagne and wine factory is in construction in Romania with Hungarian investors

A Hungarian investor consortium builds a winery in Kárásztelek in Szilágy County, Romania, which will produce mainly sparkling wines and champagnes. According to Initial estimates the company will produce 70...

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Record Revenue at Puma

ecord revenues occured last year at Puma, for this year and for the next year a strong growth is expected at in Europe's leading sports equipment manufacturer. The company belongs...

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Last year's frost damage will be paid soon

The total value of the completed and ongoing agri-credits was 803.77 billion HUF at the Hungarian Development Bank (MFB) Zrt. on the 31st of December 2011 – informed the financial...

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GKI: Real estate market: no upturn yet

In October of 2011 the GKI Budapest Real Estate Market Index plummeted (-11 points). In January of 2012 this index shows slight increase compared to the previous quarter (+1,5 points)....

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New leader at PwC Hungary

From 1st July 2012, PwC Hungary has a new leader, Nick Kós. The 44 year-old Irish-Hungarian expert started his carreer at PwC in Ireland in 1990, then moved to Hungary...

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Hungarian sheep and goat can be exported to Russia

All obstacles were eliminated from the path of the Hungarian sheep and goat exports to Russia – said Fazekas Sándor Rural Development Minister over his discussions in Moscow to the...

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Beer’s market position strengthened once again

The volume weighted average price of beer was HUF 311/litre in September-October 2009 and September-October 2010, while in the same period of 2011 the Nielsen Retail Index registered HUF 310....

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Dm pays attention to customer needs

DM is on the positive list of companies now – the list was launched by the National Customer Protection Authority, and checks the the authenticy of price labels on products....

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Parliament secures more bargaining power for dairy farmers

New legislation to boost dairy farmers' bargaining power to get fair prices for their raw milk and help them prepare for the end of milk quotas in 2015 was approved...

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Positive surprise: Hungarian economy increased by 1.7 percent last year

Despite the deterioration of external market, the Hungarian economy was able to provide positive performance in  the last quarter of2011 on the basis of the preliminary datas of the Central...

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D & B: the number of companies dealing with retail trade increased

Last year, the number of  companies dealing with retail trade increased by four percent in Hungary, compared to 2010. The number of registered businesses which use retail as main activity...

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