News and articles
Workania: Czechs and Slovaks earn more than Hungarians
Date: 2011-10-21 13:20:39
In Hungary the average gross salary is 221 thousand HUF. The workers in the Czech Republic and in Slovakia earn more – shows the ''competitiveness'' comparative survey of the fizetesek.hu...
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SABMiller sells its Russian and Ukrainian business branch to a Turkish beer manufacturer
Date: 2011-10-21 13:01:56
SABMiller agreed with Turkey's Anadolu Group, and with its Istanbul-based beer interests (Anadolu Efes), to give the Russian and Ukrainian beer business branch to the latter. The world's leading beer...
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Good results from McDonald's, shares on historical peak
Date: 2011-10-21 13:00:55
According to McDonald's quarterly flash report;. revenue and profit slightly surpassing analysts' expectations. After the release of the quarterly numbers, the company's shares were in 2 percent plus, rising to...
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EBay's revenue increased by one third
Date: 2011-10-21 12:20:55
eBay reported over revenue and profit growth in its quarterly flash report. Although the price of eBay declined after the management expectations disappointed the investors. More than 30 percent revenue...
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New Fa Sensual & Oil productfamily
Date: 2011-10-21 09:17:11
September 2011 sees the launch of the new Fa Sensual & Oil productfamily which is a pure and natural set for customers of all ages....
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Rekord weak grape harvest in Italy
Date: 2011-10-21 08:57:07
This year's harvest in Italy was the worst of the last more than sixty years, but according to the grape growers, the quality of the wine is promising, due to...
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The TakarékBank revised its GDP forecast downward
Date: 2011-10-20 13:50:59
The analysts of the Takarékbank expects smaller GDP growth for this year, contrary to their earlier forecast. Now they are expecting a 1.7 percent GDP growth for this year, a...
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Coface: the insolvency situation of the companies deteriorated further
Date: 2011-10-20 13:35:26
In this year's first nine months, the insolvency indicator of the companies increased by 30 percent, compared to the same period of last year – shows the most recent analysis...
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Food Labels: warranty differs from expiration date
Date: 2011-10-20 13:34:16
In Germany, every year nearly 20 million tons of food are thrown into the trash because of the expiration date. Partly why a debate started about whether it would be...
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The Lipóti Bakery can be Europe's best company
Date: 2011-10-20 13:10:55
The Lipóti Bakery has been included among Europe's 10 best companies at the European Business Awards. The competition finals will be in November. The top ten was selected out of...
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The dm drogerie markt increased its turnover
Date: 2011-10-20 12:15:54
The dm drogerie markt increased its turnover in the 2010/11 financial year on group level, also increased the number of its shops and its employees; dm's turnover in Hungary in...
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Nestlé sales decreased
Date: 2011-10-20 12:15:37
The Swiss Nestlé published its third quarterly flash report. The company has reported a decrease in revenues. In the first nine months of the year, the company reached revenues of...
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Chinese investor establishes a citric acid manufacturing plant in Szolnok
Date: 2011-10-20 12:14:31
The plant will provide work for 350 people and will cost about 90 million USD, which – as planned – will be 30 percent of own contribution, and the rest...
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Winelabel exhibition in Pécs
Date: 2011-10-20 10:28:59
A winelabel-exhibition linked to the new wine is going to open its gates on 10th November in Pécs, at the Hattyúház Gallery, thanks to Vylyan Winery. The exhibition will be...
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Beer-lovers are loyal to their favourite beers
Date: 2011-10-20 10:02:15
Szomjoltóság has carried out a research project to find out the beer-preferences of the Hungarian population. They found that 94 percent of Hungarians find it important to have their favourite...
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New Christmas coat for Zubrowka
Date: 2011-10-20 09:48:08
For the holidays, vodka Zubrowka dons a new fur coat. Nestled in a green coat the bottle celebrates nature and the remote parts of its native Poland. The cover mimicking...
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460 farms competing for farm-development support
Date: 2011-10-20 09:07:59
A farm-development program was closed on 30th September with 460 competitions, competing for more than 2.5 billion HUF which is well beyond the original sum intended for the program (930...
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Flour is cheap, but all other factors justify a bread price increase
Date: 2011-10-19 13:20:36
The price of flour does not increase bread prices, but other production costs might motive bread price growth. Werli József, Secretary General of the Baking Industry Association told to Népszabadság:...
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Most of the small and medium businesses are expected growth in revenue
Date: 2011-10-19 13:08:14
78 percent of the Hungarian small and medium enterprises (SMEs) calculates with revenue growth for the next year, while 15 percent expects decline – shows the SME confidence index research...
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The Hungarian Association of Brewers criticizes the chips-tax on flavored beers
Date: 2011-10-19 13:05:39
According to the Hungarian Association of Brewers; the extension of the chips tax on flavored beers causes a competitive disadvantage, does not serve the original purpose of tax and means...
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The Ministry of Rural Development decreased this year's funding source for sugar beet growers
Date: 2011-10-19 13:01:57
The Ministry of Rural Development has reduced this year's additional financing source for sugar beet growers by 800 million HUF – said Czerván György, State Secretary of the Ministry of...
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The Budapest International Fair has been opened
Date: 2011-10-19 12:31:19
The Budapest International Fair (BNV) has been opened on Wednesday in the Budapest Fair Centre. Three hundred and fifty exhibitors of ten countries will represent themselves between the 19th and...
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The food processors and the Ministry of Rural Development may meet next week
Date: 2011-10-19 12:30:50
The meeting of the food processors and the Ministry of Rural Development over the chips-tax was shifted to next week. The industry representatives wrote a letter two weeks ago to...
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Kraft and Krüger caught on cartelling
Date: 2011-10-19 12:30:43
The investigation of the German cartel office showed that the Kraft and the Krüger made prohibited price negotiations over their traded instant cappuccino, so the two companies should pay a...
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Magazine: Are traditional places of shopping still important?
Date: 2011-10-19 11:39:34
Thanks to the significant changes that occurred in Hungarian retail in the past 15 years hypermarkets, cash&carrys, supermarkets and discount stores became more significant places for shopping, to the detriment...
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The confectionery industry's international meeting place – strong demand from abroad
Date: 2011-10-19 11:12:52
German federal Minister Ilse Aigner will be on hand to officially open ISM on 29th January 2012 in Cologne Preparations are gearing up for the 42nd International Sweets and Biscuits...
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Compaint about the privatisation of Budapest Airport
Date: 2011-10-19 10:19:20
Commissioner's Office of the Government has made a criminal complaint in the matter of some €85m in damages to the Hungarian state resulting from the failure of the owner of...
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Ipsos Global @dvisory: The Economic Pulse of the World
Date: 2011-10-18 17:33:23
A major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic...
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The separate sectoral taxes will be terminated from 2013, the bank tax will be halved
Date: 2011-10-18 14:59:06
The separate sectoral taxes will be terminated from 2013, the bank tax will be halved The sector specific taxes will be terminated from 2013, the bank tax will be halved...
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Agricultural emission was of 1800 billion HUF last year
Date: 2011-10-18 14:51:06
Last year, despite the bad weather, the agricultural output has seen a 10 percent growth, reaching 1800 billion HUF – Rural Development Minister Sándor Fazekas announced on Tuesday at the...
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