News and articles

European Day of Commerce for the 7th time this year

The European Day of Commerce is going to be organized for the 7th time on 3rd November by VOSZ, the Hungarian memberorganization of EuroCommerce, ÁFEOSZ, OKSZ, KISOSZ, MKIK, and MBSZ....

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KSH: the impact of the euro crisis can be felt everywhere

In the first half of this year's the global economic dynamics lost momentum. According to the most recent forecast of the International Monetary Fund ; in 2011 world economic growth...

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Magazine: Hair care is a highly innovative category

Retail sales of hair care products are highly concentrated – reports the Nielsen Retail Index. Value sales of the category in total worsened in retail in the January-June period. Manufacturer...

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GVH: the “Hungarian quality” mark can be used in case of a enterprise-wide set of criteria system

According to the GVH; those trading companies will be punished that previously did not establish for themselves when to use the national tricolor and product origin marking slogans. For example...

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Praktiker's results declined in the third quarter

Praktiker's sales revenue rate decline slowed down in this year's third quarter, while the operating profit without off items reduced in a  much greater extent than in this year's first...

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Chinese investors can create industrial park and thousands of jobs in Debrecen

Representative of twenty companies from China's Inner Mongolia province will arrive to Debrecen in November. It is expected that they will create ten thousand  new jobs in the next few...

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The new cellar of the Takler winery was handed over

Takler winery's new cellar and wine storage were handed over on Tuesday. The developments were created with a nearly three hundred million HUF investment, half from EU fundings. The new...

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More than four thousand farmers in Szabolcs asked support due to frost damages

More than four thousand farmers in Szabolcs-Szatmár-Bereg county asked for support from the agri-compensation system, due to frost damages  – said the regional government office to MTI on Wednesday. About...

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Kométa launching 2 billion HUF investment

Kométa 99 inaugurated a 2 billion HUF salami curing plant and a renovated slaughterhouse at its base in Kaposvár. CEO Giacomo Pedranzini pointed out that the company had made investments...

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Tesco: the police investigation in Gyál does not affect company employees

The police action in Tesco's logistics base in Gyál did not affect company employees – said Tesco Global Stores Inc. on Wednesday to MTI, in reaction to the article of...

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Design Management Europe Award in Tallinn

The five winners of the Design Management Europe Award 2011 were proudly presented Friday, September 23rd at KUMU (Art Museum Estonia) in Tallinn, Estonia. The award ceremony kicked off with...

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Chinese winegrower's Hungarian brand is not valid

Four different wine-regions – Tokaj, Eger, Mátra és Villány – own the brand a Chinese winegrower wanted to possess – on 31st August 2011, the Chinese brand-name has been cancelled...

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This year's sunflower crop surpassed all expectations

Despite the changeable weather, this year was great for the sunflower producers. Thanks to the high purchase prices and the high yield, they will close the season with a nice...

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Food manufacturers will pay inspection fee soon

Food and agricultural companies will soon pay hundreds of millions supervision fees to the food chain supervising agency, the Agricultural Administration Office (MGSzH), if the Parliament approves the government's recent...

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Hungary has joined the Alps-Adriatic GMO-free Region

Parliament has passed a resolution requesting that local governments ban the use of genetically modified organisms in agriculture and farming within their areas of administration, so joining a Croatian initiative....

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Consumer sentiment improved in Europe's largest economy

According to GfK research institute; despite the gloomy economic outlook consumer sentiment has improved slightly in Germany. Consumer sentiment indicator became 5.3 points in early November in the European Union's...

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New salami ripener and cutting lines were handed over in the meat plant of Kaposvár

New salami ripener and cutting line were handed over in the meat plant of the Kaposvár-based Kométa '99 Zrt. on Tuesday. The nearly two billion HUF worth investment was handed...

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The operator of the Gusta sweet chain may be liquidated

The Csemege Plusz Kft. operataing eight stores, produced more than two billion HUF revenue two years ago, but this year eight liquidatation proceeding were initated against them. The company was...

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Award for young entrepreneurs

The National Association of Young Entrepreneurs announces the National Young Entrepreneur Award for the third time in 2011, now together with Budapest Bank. The award recognizes the work of the...

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Six-language wine dictionary published

Six-language grape and wine dictionary has been published by the Mezőgazda Kiadó. The publications contains more than five thousand word articles in Hungarian, English, French, German, Italian and Russian languages....

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Liquidation proceeding was launched against Electro World

The Electro World Magyarország (EWM) Kft.has not succeeded to achieve bankruptcy protection, the Pest County Court initiated a liquidation proceeding against the company – told the gazdasag.hu site to MTI....

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Békési Pálinka Zrt.: the revenue of the previous years is expected

Békési Pálinka Ltd. is expecting a revenue of 500 million HUF because this year's economic outlook is rather positive – owner of the company Zoltán Békési pointed out. He also...

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Magazine: Cleaning products: hypermarket is the dominant retail channel

In general cleaning product retail sales augmented in the first half of 2011. The biggest category was general cleaning and scrubbing products: annual sales were above HUF 11 billion in...

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EFFIE-award going to SPAR's POS campaign

The so-called Oscar prize of the Hungarian commercial and marketing trade is the 10th anniversary EFFIE-gala, where the POS campaign of SPAR Hungary Ltd and D'arcy Avenue has won a...

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Nestea Winter Plum is back

NESTEA is bringing back the old, popular beverage Nestea Winter plum for the winter season. The reason why this edition is special because it can be drank cold or hot,...

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Brands.hu doubled its sales

The community webstore brands.hu has gathered 600 000 reistered users throughout the past three years, giving home to 300 brands. The traffic of this year is expected to be the...

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GMO-laws accepted by the government

Hungary has joined NOW the Alps-Adriatic GMO-free region, under a resolution approved by Parliament.The resolution was approved unanimously. The Alps-Adriatic GMO-free region is an initiative of Croatia....

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566.6 millionn public health tax paid so far

A total of 566.6 million HUF had been paid in the form of public health product tax – in everyday language: chipstax – in September, for the third quarter of...

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Furder decline in business and consumer expectations

In October the GKI-Erste economic sentiment index adjested for seasonal effects continued to deteriorate – the declining trend has been going on for eight monts. Business and consumer expectations also...

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The new industrial orders rose in the euro area, Hungary is in the forefront

In August, the new orders in the manufacturing industry increased in the euro area and in the whole European Union, after the decline of July. According to Eurostat; monthly orders...

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