News and articles

Praktiker awaits its customers with culinary experiences

Praktiker awaits its customers with beer and sausages in the second half of October. The culinary experiences will be completed with unique shopping action with 20 percent discount. In order...

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The OBI opened a store at the KÖKI Terminal

OBI continues to expand in those rural areas where it is not present. The model for the developments will be the store at the KÖKI Terminal (Kőbánya-Kispest) – said Christoph...

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Magazine: Cat food’s market position strengthened

The value of the annual pet food market is around HUF 40 billion, 60 percent of which is spent on dog food and 40 percent on cat food. Dog food...

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Hungarian Party in Brno

Hungarian music, folk dance, dance teaching, wine-tasting and gastronomy are in the major focus of the Hungarian Party in Brno, Czech Republic on Saturday this week. More info can be...

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CAP-reform critized by Austrian agricultural minister

Austrian agricultural minister Nikolaus Berlakovich expressed fierce criticism when it comes to the draft of Commmon Agrarpolitics (CAP) on Thursday in an interview given to Radio ORF. He is in...

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First spirit- and double sausage festival of Debrecen

The first Spirit- and Doublesausage Festival of Derecen is about to open its gates this weekend for the first time, under the name Debreczeni Zamat Pálinka és Pároskolbász Fesztivál –...

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New CAP discussed in Budapest

The new EU Common Agricultural Policy (CAP) was presented to professionals in Budapest, the draft is expected to enter into force in the beginning of 2014. Péter Bokor, the Agricultultural...

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Anuga: New strategies and price-plocies are the way to keep up with the competition

“All 6600 exhibitors and 60 professional programs reflect the way the FMCG-scene is trying to keep up with incredibly fast changes the market has brought about in the past couple...

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The government would easen the establishment of local markets

It would be a relief, that no permission would be needed to the establishment of local markets, a notice would be enough as well. The government expects that due to...

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This year's corn crop in Zala is less than last year's

The yield per hectare of corn is more than one ton less this year in Zala county, than in the recent years – told Fentős János, Head of Department at...

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New leader at POS Media Célcsoport Hungary

After having spent more than 10 years in the field of instore communications, strategic director of the company Péter Kovács is leaving “the board” with mutual agreement, and his tasks...

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Analysts surprised by the Euro-zone' industrial production growth

Euro zone's industrial production unexpectedly rose in August. The monthly increase is the second now in row, primarily led by French, Portuguese and Italian production volumes, which could offset the...

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Advanced training will start in Gödöllő from eco plantation

The Gödöllő-based Szent István University prepares to launch an eco vegetable and fruit production training – told Matthew Hayes, university professor to MTI. He told that the two-year training is...

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Pepsi reported two billion USD quarterly profits

The shares of PepsiCo. Inc. began to rise before the opening of the U.S. market after the company's third-quarter profit increased to 2 billion USD (1.25 USD per share). These...

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Pig farming declines in Austria as well

The decline of peasant farms is unstoppable in Austria. Only the larger companies are able to survive. 15 years ago, 239 thousand farms were in Austria with a size of...

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Magazine: CIB FaktorFactoring

CIB FaktorFactoring: the crisis is overAfter the contraction in 2010, the domestic factoring market started expanding again in 2011. Since there have not been major changes on the credit market,...

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Frost damage compensation – five thousand farmers get help

About five thousand farmers affected by the frost damage in Szabolcs-Szatmár-Bereg County receive assistance from the agricultural production system in the form of a compensation – regional leader of the...

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Corruption in public procurement and in general in Hungary

GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy. This study summariee the most important result and formulated proposals to the Public Procurement Council,...

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Old Hungarian brand Mirelite is here again

The fourth day of Anuga saw the resurrection of an old Hungarian brand Mirelite. In the hall of frozen products, the stands of Albertirsa-based Mirsa company was visited by 150...

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GKI: Consumption drops by 3 percent next year

According to the forecast of GKI Economic Research Co. prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only...

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The Rural Development Ministry initates the taxation of jams and syrups with low fruit content

The Rural Development Ministry initates the taxation of jams and syrups with low fruit content and is confident that one of the useful yield of the charges for public health...

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Bonduelle sees a significant growth in revenue

Following of the stagnation of the past two years, Bonduelle Central Europe Ltd. is finally facing a revenue of 25 billion HUF which means a 20-25 percent increase in the...

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KSH: Inflation unchanged in September

In September, consumer prices fell by 0.1 percent and were 3.6 percent higher than a year earlier – reported the Central Statistical Office (KSH) Tuesday. The dataa are completely consistent...

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Men lead in online shopping

In Europe, two of every five people (40) buy online, and now instead of women men play the main role in Internet purchasing – shows the groundbreaking new exploration of...

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The LMP withdrew the mall stop proposal

The LMP withdrew the mall stop proposal , so now the Fidesz will have to submit the idea of LMP to the parliament under their name, if they still want...

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Kopint-Tárki: The tax burden on low wages holds back growth

The dramatic tax burden on low wage earners can hold back Hungary's growth prospects the most – said Palócz Éva, CEO of Kopint-Tárki CEO in the InfoRádió. The company has...

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The “one sow – one house” program hardly constitute raw material for large-scale meat processors

Experts expect persistently high or rising pork prices, which theoretically can increase the domestic livestock, that has been shrinking for years. However, the “one sow – a house” program, if...

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Consumer Protection: within two years, the EU Directive should be transposed into the national law

The EU Member States have two years to transpose the legislation of the consumer contractual rights, since the European Council adopted them on October 10 and will publicly announce it...

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Deloitte warns the tax risks of marketing campaigns

Many consumer goods, manufacturing and marketing enterprises apply marketing campaigns and various promotions in order to encourage purchases, but these actions contain significant tax risks, because there is still no...

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Georgian wine and mineral water may return to the Russian store shelves

Georgian wine and mineral water may soon return to the Russian store shelves, that were banned in Russia, after the relations deteriorated in 2006, saying that these products contain heavy...

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