News and articles
Opening the award ceremony of Mona Montice Educational Program
Date: 2012-02-17 11:31:37
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
Date: 2012-02-17 11:21:16
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
Date: 2012-02-17 10:25:59
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
Date: 2012-02-16 12:50:20
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
Date: 2012-02-16 12:35:03
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
Date: 2012-02-16 12:35:02
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
Date: 2012-02-16 12:34:56
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
Date: 2012-02-16 12:32:01
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
Date: 2012-02-16 12:10:14
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
Date: 2012-02-16 12:09:27
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
Date: 2012-02-16 11:57:29
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
Date: 2012-02-16 11:22:20
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
Date: 2012-02-16 10:40:15
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
Date: 2012-02-16 10:04:06
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
Date: 2012-02-16 08:07:35
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
Date: 2012-02-15 15:36:49
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
Date: 2012-02-15 14:50:06
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
Date: 2012-02-15 14:40:55
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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Magazine: Different levels of concentration across the region
Date: 2012-02-15 14:31:38
Nielsen’s ShopperTrends research concluded that the level of concentration in food retail is different in the countries of our region. This is also reflected in the differing importance of fruit/vegetable-buying...
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The future of Hungary is within the European Union
Date: 2012-02-15 13:54:47
On the first day of the spring parliamentary session Prime Minister Viktor Orbán urged the National Assembly to adopt the European Treaty on Stability, Coordination and Governance in the Economic...
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Parliament saves food programme for the EU's most deprived citizens
Date: 2012-02-15 13:42:13
The “Food for the needy” programme will continue to supply food to the EU's most deprived citizens for two more years, thanks to a rescue plan agreed with the Council...
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French wine and spirits exports over ten billion euros
Date: 2012-02-15 13:00:41
The export of French wines and spirits last year broke the historical record, exceeding 10 billion euros for the first time. The increase was 10 percent compared to last year...
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CBA’s turnover increased by 10 billion last year
Date: 2012-02-15 12:55:49
Last year, the CBA network's overall turnover was 565 billion HUF, 10 billion HUF more than in 2010, while the number of the business units did not change significantly, the...
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Danone’s net profit decreased
Date: 2012-02-15 12:15:27
The French food giant Danone’s net profit decreased to1.67 billion euros from the 1.88 billion euros of 2010 – the company announced on Wednesday. While Danone's annual revenue increased by...
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The Kellogg purchased a chips brand for 2.7 billion USD
Date: 2012-02-15 12:04:29
The Kellogg Co. announced that the company will pay 2.7 billion USD for the Pringles potato chips brand to the Procter & Gamble Co.. Kellogg estimates that the deal except...
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Prodexpo in Russia opened
Date: 2012-02-15 10:49:35
In the opening speech of the 19th International Exhibition for Food, Beverages and Food Raw Materials Prodexpo’2012 the Minister of Agriculture of Russia Elena B. Skrynnik stressed the foreground tasks...
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GKI: The change started
Date: 2012-02-15 09:26:56
According to the forecast of GKI the successful accomplishment of negotiations with the IMF and the EU will be enough only for mitigating the contraction of GDP. The recovery of...
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In January, fuel, alcoholic beverages and food led the price increases
Date: 2012-02-14 15:14:03
In January, consumer prices were 5.5 percent higher than a year ago. In the growth, certain tax measures and forint's exchange rate played the most significant role. The price of...
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Huge forces were mobilized across Europe against food adulteration
Date: 2012-02-14 13:25:31
Serious forces were moved by the European authorities in recent months, to eliminate criminal organizations distributing counterfeit food products. The Hungarian authorities were also involved in the process. The list...
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Apricot and cherry flower buds frozen, still no expensive fruits
Date: 2012-02-14 13:19:46
According to preliminary surveys, the dramatic cold over minus twenty degrees froze the earliest kind of apricot and cherry flower buds. However, if the majority of orchards in Europe get...
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