News and articles

The Coop Group retained its 15 percent market share

Despite the crisis, the Coop Group was managed to maintain its 15 percent market share in the Hungarian market – said Murányi László, CEO of Co-op Hungary Zrt. on Wednesday...

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Webstores are competing for the Store of the Country title

Less than a month ago, the Store of the Country has started. The Árukereső.hu leading price comparison site has launched the Store of the Country competition in early August, in...

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Euro zone's industrial production increased more than 4 percent in July on an annual basis

Euro zone's industrial production increased again, after the drop in June, albeit with a lesser extent than the analysts expected. Production in Germany increased slightly, while in the peripheral countries...

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The success of Premium Hungarian Foods in London

The Hungarian Premium Foods were successful at the Speciality and Fine Food Fair international food industry exhibition in London – informed the National Foreign Trade Office MTI on Wednesday. The...

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The European Consumer Centre mainly occurs in connection with online purchases

The most cross-border consumer complaints are in connection with online purchases and services. The European Consumer Centre this year has  dealt with 260 cases. This is 60 percent more, compared...

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Magazine: Hungarian consumers took a liking to coupons

This summer bonuses, coupons and vouchers were covered widely in the media. The reason of this popularity was a study on the topic, published by GKIeNet and BCE E-business Research...

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Tesco has launched a meat guarantee program

In early September l Tesco aunched a unique meat guarantee program in Hungary. In the stores of the chain, the company will give a quality guarantee for fresh meat for...

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Bacardi-Martini will finish its operation in Hungary

The Bacardi-Martini Kft. will be wound up – shows Opten's datas. The company will finish its operation in Hungary, the distribution of the products will be carried out by another...

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Nokia Siemens Networks roadshow: Budapest might turn into a superintelligent city

Nokia Siemens Networks is demonstrating how it has evolved its multiscreen entertainment vision by allowing end-users to enjoy their content and services anytime, anywhere and on any device. The company...

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Favorite wines by the University of Pécs are chosen

A 2010 chardonnay by Danubiana and a 2008 caberner franc by Takler winery won the title of the Wine of the University of Pécs. The winners received their awards on...

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No changes in the forkforce setting this year

According to Manpower's recently published Labour Force Survey, no particular changes are being expected in the Hungarian labor market. Of the 750 employers surveyed, 11% want to increase the workforce,...

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Japanese scientists attempt to breed caesium radiation resistant rice

Japanese scientists are attempting to breed a strain of rice, which is resistant to radioactive caesium, by testing over 100 varieties of the crop. Vast tracts of rice crops in...

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A series of events to present the Hungarian Agricultural Quality Award

The Hungarian agriculture market position can be strengthened only with high quality products – said Bognár Lajos, Deputy Secretary of State in charge for food chain surveillance and agri management...

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The price of raw milk may increase

According to the Milk Marketing Board; because of the raw milk price increases, the retail price of milk may increase by 5 to 10 percent of the, if the chains...

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KSH: Consumer prices rose by 3.6 percent

Consumer prices in August 2011 fell by 0.1 percent, compared to July – reported the Central Statistical Office (KSH). Prices rose by 3.6 percent compared to last August. In a...

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The retail property market is characterized by duality

The retail property market is characterized by duality: the retail sales did not come back since the crisis, many of the tenants are in a difficult situation, but for the...

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The government recommends reverse VAT tax on agricultural products

The government has initiated a further extension of reverse VAT tax in connection with agricultural products. According to the expert of DTM RSM; the change that can eliminate the possibility...

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The biogas plant in Szarvas handed over today

The country's largest and most advanced biogas plant handed over today in Szarvas. The project costs about 4.5 billion HUF, of which 500 million came from EU funding. The facility...

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Winding up proceeding launched against AboMill

Liquidation proceedings were initiated against the Nyíregyháza-based Abo Mill Industrial Corporation. In 2008, the company reached a revenue of 14 billion HUF with one hundred million HUF profit. The company...

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20th Farmer Expo: Rural Development Ministry to support family farms

The main purpose of the government is to support small- and middle-sized family farmer communities, hoping they would be the basis of domestic agriculture – József Ángyán, secretary of the...

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Hungarian companies proved to be successful at Agromalim International Agricultural and Food Industry Fair

The trade show Agromalim – International Agricultural and Food Industry Fair took place in Arad, Romania last weekend. The frequency of the trade show is annual, with more than 10...

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More European agrar-export to Switzerland

The European Parliament, throughout its plenary meeeting in Strasbourg has accepted the development of the agreement between the EU and Switzerland about agrar-export. Switzerland is the third greatest market for...

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The rate of black trade is 30-40 percent on the Hungarian meat market

The rate of black trade is 30-40 percent on the Hungarian meat market – states Sákán Antal, President of the Hungarian Pig Breeders (MSSZ) Association in his statement. In relation...

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The producer price of agricultural products increased by twenty-five percent

According to the datas of the Central Statistical Office (KSH); the producer price of agricultural products in July increased by 25 percent in annual terms. The measured price level during...

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Without government help the onion of Makó may disappear from the market

In recent years, the Makói onion-growing area decreased to 150 hectares from the former 4000 hectares, without government support this product may disappear from the market – can be read...

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GKI: Growth below 2 percent, stagnating consumption

According to the forecast of GKI Economic Research Co. the expected rate of GDP growth this year and next year will be significantly slower, only between 1.5 and 2 per...

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The Sugár-Holding heats its tomato factory with thermal water

A manufacturing plant will also be built beside Europe's largest thermal water heating tomato growning greenhouse in Tura, after the more-than-expected yields of thermal water breaks into the surface. Miszori...

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Modern cattle breeding in Hottó

Modern cattle farm was handed over on Saturday in Hottó, Zala County. The plant received 35 percent support from EU and state sources for the modernization of the 800 million...

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The operator of the Skála department stores will be liquidated

Winding-up proceedings started against the Skála Group Kft. owned by private Chinese individuals. This company took over the most of the rural Skála department stores, and transformed them to Chinese...

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