News and articles
Lower amount of wine in the cellars, compared to last year
This year it is expected that 800 thousand hectolitres less wine may transported to the wine cellars after the harvest, than in the last year – said Horváth Csaba, the...
Read moreSPAR president shocked over the maintenance of the special tax
The president of SPAR Hungary Ltd. was stunned by the extension of the period of the special tax. “We were shocked and surprised. On the other hand, if we consider...
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Shortage of meat in Ukraine
Ukraine did not succeed with its protectionist policy, shortage of meat occured in the market – announced the Ukrainian Minister of Agriculture. The country now need more imports than when...
Read moreMcDonald's is the best place of work
The Best Place of Work Award was handed over today. In the large company category, McDonald's won the 2010 Best Place of Work Award survey of Világgazdaság–Hewitt. In the large...
Read moreCerbona asks for bankruptcy protection
The Assembly of Cerbona Élelmiszeripari Zrt. agree, that due to the company’s current economic situation, the management of the company to apply for bankruptcy proceedings to the court. The company's...
Read moreThe Széchenyi Plan can help the SME sector
The lending conditions will be tightened in Hungary from the next year, because of the bank tax. However, SMEs will rely on the Széchenyi Plan – states the latest analysis...
Read moreOKSZ: the government does not expect significant improvement in the economy
According to Vámos György, the Secretary General of the National Trade Association; the fact that the government counts on additional taxation even in 2014 indicates, that the cabinet re-evaluated the...
Read moreMobilePay available at 400 SPAR outlets
Starting from 11th November, customers get the chance to pay by their mobile phones at 400 SPAR, Kaiser's and Interspar outlets, so customers of Telenor and T-Mobile can get their...
Read moreeasyJet is 15 years old now
EasyJet is now Europe's No. 1 air transport network due to its leading presence on Europe’s top 100 routes and at Europe’s 50 largest airports. More than 300 million Europeans...
Read moreCappy taking part at the Children's World Exhibition with an adventure park
12th, 13th and 14th November will see the opening of a rather special exhibition for children, where the brand Cappy is going to launch a special adventure park, too. The...
Read moreForint loans are pushing forward
The number of problematic loan contracts is soaring by 30,000-40,000 every month, while the falling exchange rate of the forint put enterprises and households with a foreign exchange loan in...
Read moreHungarian FMCG-market still stagnating
In Hungary, the market of FMCG-products is still not blooming: we do not yet spend more on fast moving consumer goods than we did last year, whereas on the other...
Read moreDemján needs Hungarian-owned hypermarkets
Hungarian-owned hypermarkets should be established, because the competition situation motives this – said Demján Sándor, the Executive Chairman of the National Association of Entrepreneurs (VOSZ) at the 15th Anniversary celebration...
Read moreCo-op Hungary Ltd. is 15 years old now
Even president Viktor Orbán took part at the 15th anniversary celebration of the HUngarian retailer Co-op Hungary Ltd. Orbán sees Co-op as an example of success of Hungarian economy. “Little...
Read moreBNI about to launch another great event
Similarly to the previous years, BNI is about to organize an event with 450-550 participants, on 7th December at Lurdy House, Budapest. Started in January of 1985 by Ivan R....
Read moreUniver proved to be one of the most popular Hungarian brands
The toplist of MagyarBrands is out now, gathering the most popular fifty Hungarian brands. Univer is listed on the 15th place which is a nice result, considering that there are...
Read moreThe European Union renews its trade
The European Commissions determinates six priorities for EU trade policy. Several recommendations have also Hungarian interests. The proposed strategy has three aims: stronger economic growth, more jobs and to increase...
Read moreCoop to be renewed
The food-trading network will create quality stores instead of discount stores. In the next two years, the almost three thousand units of the Coop supermarket network will be renewed. This...
Read moreThe Sugár shopping center celebrates its 30th birthday
The Sugár shopping center was Budapest's first shopping center, opened in 1980. The Sugár shopping center will celebrate its 30th birthday this weekend. In the shopping center, more than 130...
Read moreBookline.hu became the online trader of the year for the third time
This year’s winner of the “OnlineTrader of the Year Award” title became bookline.hu – announced the Association of IT Companies (IVSZ) on Wednesday. The prize was handed over on Tuesday...
Read moreThe profit of Carlsberg increases
The revenue of the Carlsberg group increased by 8 percent to to 17.7 billion Danish kroner, the company’s net profit by 30 percent to 1.9 billion Danish kroner in the...
Read moreBarry Callebaut: Swiss chocolate continue to be popular
The sales of the world's leading integrated chocolate company, the Zurich-based, Barry Callebaut, increased by 6.8 to 5.2 billion Swiss francs. The company’sa net profit increased by 10.9 percent to...
Read moreFive favorites for the Winemaker of the Year title
The first round of “Winemaker of the Year” competition completed on the 8th of November, and it was found out that who are the five winemakers, who received the most...
Read moreHenkel continues positive trend in third quarter
The positive development of Henkel’s consumer businesses in previous quarters continued during the third quarter of 2009. There was also a further improvement in the results of the Adhesive Technologies...
Read moreThe Germans will give shopping vouchers as Christmas present this year
In Europe's largest economy, shopping vouchers are on the first place on this year’s Christmas gift top list. Last year the Germans preferred to give books as a Christmas present....
Read moreThe business sentiment of Eastern Europe improves
The analysis of Thomson Reuters shows that business sentiment has improved in the Eastern European region. However, Hungary is still belongs to the lower-middle field. The assessment of the current...
Read moreThe majority of the products on the shelves of the retail chains are Hungarian food products
The Economics Department of Corvinus University carried out a survey, to estimate the proportion of Hungarian food products in domestic retail. Overall, in the tested categories the ratio of the...
Read moreGKI Budapest Real Estate Market Index, 2002-2010
In October 2010 the GKI Budapest Real Estate Market Index was -23.3, which means significant improvement compared to the previous quarter. This data is higher by 11 points than the...
Read moreThe trade surplus continued to grow
According to analysts, polled by MTI; the September trade balance surplus was better than expected, and the year end surplus may reach 5.3 billion euros. According to the preliminary datas...
Read moreDutch and Danish pigs are flooding the Hungarian market
The purchase price of live pigs decreased by fifteen percent in the last months. The customers do not perceive anything from the lower raw material price. But who swallows up...
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